NeoTerrex Minerals Inc. · TSXV:NTX
NeoTerrex Minerals — Investor Presentation (December 2023)
34 slides from NeoTerrex Minerals's investor presentation, December 2023
Slide 1: Critical Minerals for Tomorrow
CRITICAL MINERALS FOR TOMORROW Corporate Presentation December 2023
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Introduction This presentation (this "Presentation") has been prepared by the management of NeoTerrex Corporation (the "Company" or "NeoTerrex") and Spitfyre Capital Inc. ("Spitfyre") for informational purposes only based on public information and from NeoTerrex’s confidential
Slide 3: Cautionary Statements
CAUTIONARY STATEMENTS Qualified Person The disclosure of any scientific and technical information contained in this Presentation was approved by Mathieu Stephens, P.Geo, NeoTerrex's President, Chief Executive Officer and director, and a Qualified Person under National Instrument 43-101 Standards of
Slide 4: Cautionary Statements
CAUTIONARY STATEMENTS Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information but which may prove to be incorrect. Although NeoTerrex and Spitfyre believe that the expectations reflected in such forwar
Slide 5: NeoTerrex at a Glance
NEOTERREX AT A GLANCE An Investment for the Future Critical rare earth elements (REE) in Quebec Over 20 new occurrences discovered since 2022 Lithium properties in active exploration areas Channel sampling returned 3.5% total rare earth oxides over 27 metres Most properties easily accessible and loc
Slide 6: The Need for REEs
THE NEED FOR REEs Military Equipment Technology High-Growth Stealth Fighter Technology Medical Tracers, X-Ray and MRI Sectors Radars, Sonars Guidance Systems Advanced Robotics Defense Electronic Warfare Satellite Communications Vehicle and Body Armor Fibre Optics Green Energy Consumer Electronics Tr
Slide 7: Rare Earths Demand
RARE EARTHS DEMAND A rapidly growing metals market Others 8% La Nd World Neodymium Production and Demand Outlook 3% 59% Ce 250,000 5% Dy Production 9% Pr 200,000 Demand 16% Share of total market value by element 150,000 $US 2.2 Billion (Roskill 2019) 100,000 Fueled by the green energy andAdamas Rese
Slide 8: Rare Earth Reserves: Strategic Urgency
RARE EARTH RESERVES Strategic Urgency China which has a near monopoly on the rare earths industry, has used its exports as a geopolitical weapon in the past. This threat remains real, as it recently imposed similar restrictions on gallium and germanium, two other critical metals. (Source: Reuters) 3
Slide 9: Rare Earths Market: The Looming Supply Crisis
RARE EARTHS MARKET The Looming Supply Crisis Due to their high demand in technologies relating to civil, military, and nuclear industries, rare earths are now among the most critically strategic minerals in the world and a leading issue in matters of national security and strategy, especially for th
Slide 10: NeoTerrex Assets: Project Locations
NEOTERREX ASSETS Project Locations All projects located in the province of Quebec Mining-friendly jurisdiction Advantageous financial incentives Bargain electricity Well qualified labor force In areas of existing infrastructure with good road access Low-cost exploration and development Roman Project
Slide 11: Mount Discovery Project: A New Rare Earths Discovery
MOUNT DISCOVERY PROJECT A New Rare Earths Discovery Agreement in place with surface rights holder Access roads established Over 20 new occurrences discovered since 2022 Airborne geophysics completed Geological mapping uncovered favorable lithologies for REE Excavation work ongoing Successful initial
Slide 12: Mount Discovery: Favorable Geological Model
MOUNT DISCOVERY PROJECT Favorable Geological Model Geological data indicates a rift-carbonatite system as the source of mineralization. Same theoretical model for the giant Bayan Obo mine in China, the largest known REE mine in the world. Other worldwide deposits with a similar genetic model include
Slide 13: Mount Discovery: High Grade REE Results
Discovery Area Mineral occurrences (%TREO) MOUNT DISCOVERY PROJECT (Discovered by NeoTerrex) High Grade REE Results 22 REE occurrences discovered since 2021 by NeoTerrex, with most located within a 900m x 300m area, indicating a potential for a large mineralized system Among the highest Neodymium va
Slide 14: Mount Discovery: 2023 Program
MOUNT DISCOVERY PROJECT 2023 Program: Value Added Surface exploration resumed in April 2023, consisting of prospecting, geological mapping and sampling. Several new discoveries made by NeoTerrex with more expected based on visual observations. The goal of the program is to locate additional rare ear
Slide 15: Mount Discovery: NeoTerrex Exploration 2024
MOUNT DISCOVERY PROJECT NeoTerrex Exploration 2024 Geological/structural mapping, prospecting Geological modeling Mineralogy studies Biogeochemical and stream sediment sampling Stripping with detailed mapping Queen Channel sampling 11.32% TREO King 2 King Showing Airborne geophysics over extended pr
Slide 16: Roman Project: Lithium in Quebec
ROMAN PROJECT Lithium in Quebec NeoTerrex holds potentially valuable land for lithium in the new Roman exploration camp located northeastern Quebec. Property located in Cote-Nord, Quebec Highest recorded lithium value in a grab sample in entire region (300,000 km2) in government database Adjacent to
Slide 17: Beauchene Project: More Rare Earths Potential
BEAUCHENE PROJECT More Rare Earths Potential The Beauchene property was acquired in 2022 based on similarities with the geological model for the Mount Discovery. The project is located along the northern side of a major rift, an important geological feature associated with the mineralization at Moun
Slide 18: Lindsay Project
LINDSAY PROJECT 2023 Program: Value Added Lindsay Anomaly Property located in Abitibi-Temiscamingue, in southwest Quebec and 32 kilometres from the town of Mattawa, Ontario. Large radiometric unexplained anomaly detected by a 2020 government regional survey. Kipawa Radiometric Deposit The anomaly is
Slide 19: Riel Project: Lithium in Quebec
RIEL PROJECT Lithium in Quebec Potential for REE and Lithium near existing infrastructure No exploration in past 50 years Recent bottom lake sediments sample assays among the highest values in southwest Quebec. Known pegmatites with anomalous Lithium and Fluorine values in grab samples (1991) Over 2
Slide 20: Decelles Project: Lithium in Quebec
DECELLES PROJECT Lithium in Quebec Property located in southern portion of the province of Quebec Several well-funded companies have acquired properties in the immediate area. (Sayona, Brunswick Exploration, Winsome, …) NeoTerrex property staked over key geology, with known pegmatites Good access wi
Slide 21: Team Experienced in Delivering Value
MANAGEMENT & DIRECTORS Team Experienced in Delivering Value Mr. Stephens is a professional geologist with over 15 years in the mining industry. He was President and CEO of UrbanGold Minerals which was subsequently acquired by Troilus Gold in 2021 and Vice President of Exploration for Beaufield Resou
Slide 22: Team Experienced in Delivering Value
MANAGEMENT & DIRECTORS Team Experienced in Delivering Value Mr. Neill is the President of Trinity Management, a consulting company specializing in business development activities in rare earths and specialty metals. He has over 25 years' experience evaluating potential mining projects globally. Mr.
Slide 23: Qualifying Transaction and Financing
FALL 2023 QUALIFYING TRANSACTION AND FINANCING Qualifying Transaction NeoTerrex has entered into the Amalgamation Agreement with Spitfyre, a CPC listed on the TSXV, and Subco, a wholly owned subsidiary of Spitfyre, pursuant to which, assuming completion of the transactions contemplated thereby, the
Slide 24: Pro Forma Capital Structure
FINANCING Pro Forma Capital Structure Current NeoTerrex Shares 59,744,000 Spitfyre Shares 5,750,000 Financing Shares (maximum offering) 16,000,000 Total 81,494,000 Options and Warrants Current NeoTerrex Agent Options ($0.10 or $0.12) 3,296,300 Spitfyre Agent Options ($0.10) 125,000 Financing Warrant
Slide 25: Principal Use of Available Funds
FINANCING Principal Use of Available Funds Mount Discovery Exploration Min Max Geology and Prospecting $ 373,000 373,000 Mineralogical Studies $ 23,000 23,000 Geochemical sampling $ 88,000 88,000 Geophysics $ 115,000 115,000 Excavation and sampling $ 250,000 250,000 Diamond drilling $ 1,700,000 1,70
Slide 26: Why NeoTerrex
CRITICAL METALS FOR NORTH AMERICA Why NeoTerreX Rare Earth Elements in Quebec Lithium assets Essential components for green energy Strategic metals vital to military equipment and technology Successful maiden exploration program demonstrating a potential for resources based on grades and widths enco
Slide 27: Investor Rights
INVESTOR RIGHTS Securities legislation in certain of the Canadian provinces provides purchasers of securities pursuant to an offering memorandum (which may include this Presentation) with a remedy for damages or rescission, or both, in addition to any other rights they may have at law, where the off
Slide 28: Investor Rights: Ontario
INVESTOR RIGHTS Ontario If this Presentation, together with any amendment to it, is delivered to a purchaser resident in the Province of Ontario who purchases a security offered by this Presentation during the period of distribution and this Presentation contains a Misrepresentation, the purchaser w
Slide 29: Investor Rights: Saskatchewan
INVESTOR RIGHTS Saskatchewan Saskatchewan securities legislation provides that where an offering memorandum or amendment to the offering memorandum is sent or delivered to a purchaser that contains a Misrepresentation, a purchaser who purchases a security covered by the offering memorandum is deemed
Slide 30: Investor Rights: Manitoba
INVESTOR RIGHTS Manitoba In the event that an offering memorandum, together with any amendment thereto delivered to purchasers of securities resident in Manitoba, contains a Misrepresentation and it is a Misrepresentation at the time of purchase, the purchaser shall be deemed to have relied upon the
Slide 31: Investor Rights: Nova Scotia
INVESTOR RIGHTS Nova Scotia Nova Scotia securities legislation provides that if an offering memorandum, or any amendment thereto, or any advertising or sales literature (as defined in the Securities Act (Nova Scotia)) contains a Misrepresentation, a purchaser to whom the offering memorandum is deliv
Slide 32: Investor Rights: Prince Edward Island
INVESTOR RIGHTS Prince Edward Island Section 112 of the Securities Act (Prince Edward Island) provides that if an offering memorandum, or any amendment thereto or any document incorporated by reference therein, contains a Misrepresentation, a purchaser who purchases a security offered thereunder dur
Slide 33: Investor Rights: Newfoundland and Labrador
INVESTOR RIGHTS Newfoundland and Labrador The Securities Act (Newfoundland and Labrador) provides that where an offering memorandum contains a Misrepresentation, a purchaser has, without regard to whether the purchaser relied on the Misrepresentation, a right of action for damages against the issuer
Slide 34: Rare Earths for Tomorrow
RARE EARTHS FOR TOMORROW For More Information Shanda Kilborn, BA info@neoterrex.com Corporate Development 343-883-4334
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