Global Lithium Resources Ltd. · ASX:GL1
Global Lithium Resources — Shareholder Meeting (November 2022)
37 slides from Global Lithium Resources's shareholder meeting presentation, Nov 25, 2022
Slide 1: Chair's Address and Managing Director's Presentation to the AGM
ASX Announcement 25 November 2022 Chair’s Address and Managing Director’s For personal use only Presentation to the Annual General Meeting Growing multi-asset West Australian lithium company Global Lithium Resources Limited (ASX:GL1) (Global Lithium or the Company) advises that the Chair’s address a
Slide 2: Chair's Address to the Annual General Meeting of Shareholders
Chair’s Address to the Annual General Meeting of Shareholders 24 November 2022 Welcome to the 2022 Annual General Meeting of Global Lithium Resources Limited. For personal use only I am delighted to be here today to speak directly with many shareholders as we reflect on the progress – of your compan
Slide 3: We Are In The Right Location
We Are In The Right Location We’re in the best place in the world for this type of enterprise – Western Australia. This State’s globally oriented mining industry started with the discovery of huge resources of gold at Coolgardie and Kalgoorlie. They are still one of the world’s biggest sources of go
Slide 4: For personal use only
also appointed as Non-Executive Directors, rounding out a board which possesses a range of commercial, technical and legal skills and the relevant experience Global Lithium requires. We’ll continue to review the Board composition as the Company grows over the next twelve months and into the future.
Slide 5: Plans for the Future
3. PLANS FOR THE FUTURE Regarding our plans for the future, our directors and management are absolutely committed to building a company that will reward to the maximum you, our owners, for the confidence you have shown in entrusting us with your investment. For personal use only As we build rapidly
Slide 6: Global Lithium Resources – 2022 AGM
For personal use only Global Lithium Resources – 2022 AGM People | Power | Planet – A Platform for Growth November 2022 | ASX: GL1
Slide 7: Acknowledgement of Country
Acknowledgement of Country For personal use only We acknowledge the Whadjuk people of the Noongar Nation – traditional custodians of this land. We also acknowledge the Wongi people and the Nyamal people, traditional owners of the land in which our Manna and Marble Bar Lithium Projects are located. W
Slide 8: Global Lithium – Our Story
Global Lithium – Our Story For personal use only Marble Bar Primary School visit to the GL1 office – November 2022. 3 ANNUAL GENERAL MEETING | November 2022
Slide 9: GL1 Purpose & Values
GL1 Purpose & Values For personal use only Empowering people to power the planet People | Power | Planet SAFETY INNOVATION The standard you walk past is the We empower people to innovate standard you accept. for the better. OWN IT TEAMWORK We do what we say we will do. We all win when we work togeth
Slide 10: What Makes Global Lithium Unique?
What Makes Global Lithium Unique? For personal use only ▪ Combined maiden Inferred Mineral Resource of 20.4Mt @ 1.07% Li2O Multi-asset ▪ Two highly prospective Projects at similar stages provides significant optionality around development optionality development and funding alternatives Marble Bar L
Slide 11: Year in Review
Year in Review For personal use only Manna Lithium Project 6 DIGGERSGENERAL ANNUAL & DEALERS MEETING | November PRESENTATION | August 2022 2022
Slide 12: Year in Review: 2022 Highlights
Year in Review: 2022 Highlights For personal use only ▪ Initial acquisition of 80% interest from Breaker Resources (ASX: BRB) in December 2021 Manna acquisition ▪ Acquisition of remaining 20% interest to consolidate ownership in October 2022 ▪ Suzhou TA&A, controlling shareholder of Yibin Tianyi, ma
Slide 13: Board & Management
Board & Management For personal use only Warrick Hazeldine Hayley Lawrance Non-Executive Chair Non-Executive Director Co-founder & NED of Cannings Purple; NED ChemX (ASX:CMX), Commercial lawyer; Director and company secretary for +22 20 years capital markets experience with a key focus on battery ye
Slide 14: GL1 Overview
Oct & Nov 2022 Acquisition of the remaining 20% of GL1 Overviewt Dec 2021 Acquires 80% interest in Mar 2022 Mineral Resources Ltd becomes Manna from Breaker for A$60m Raised A$111.4m via institutional placement and A$10m from a SPP Manna Lithium Project from cornerstone investor in $29.9m Breaker Re
Slide 15: Lithium Market – All Time Highs
Lithium Market – All Time Highs For personal use only November 2022 Lithium Prices1 • Lithium Hydroxide: $84.5/kg • Lithium Carbonate: $81/kg • Spodumene (6% Li2O): $7,900/t 1. Fastmarkets Battery Raw Material Price Update (CIF Nth Asia), 17th November 2022 2. Benchmark Mineral Intelligence, 14th No
Slide 16: Western Australia – World's Best Jurisdiction
Western Australia World’s Best Jurisdiction Why Spodumene? For personal use only 1. Speed to Market WA iron ore built the new world o WA has a history of delivering WA lithium will power the new world spodumene projects o First tonnes typically in market 2 – 3 years post FID 2. Quality o Lithium pro
Slide 17: Equity Raising
Equity Raising $121.5M PLACEMENT AND SPP For personal use only $121.5m Equity Raising Funds Manna Acquisition, Exploration Initiatives and Manna Feasibility Study1 • Successful completion of $111.4m placement (49.5m shares at $2.25/share) and $10.1M Share Placement Plan • Strong support from strateg
Slide 18: Strategic Investors – Mineral Resources
Strategic Investors Mineral Resources Limited (ASX:MIN) For personal use only Strategic Positioning PORT HEDLAND • Mineral Resources Limited (MinRes) increased stake in Global Lithium to 9.9% in October 2022 Equity Raising1 MLBP • MinRes has unrivalled track record in bringing MARBLE BAR Wodgina ope
Slide 19: Strategic Investors – Suzhou TA&A
Strategic Investors Suzhou TA&A For personal use only • Maintained a 9.9% interest in GL1 following $111.5m Placement in October 20221 • 10-year Strategic Offtake Agreement with Suzhou TA&A for at least 30% of spodumene concentrate produced from GL1’s operations at market prices2 • Suzhou TA&A is an
Slide 20: Strategic Partners – MOU with SK On
Strategic Partners MOU EXECUTED WITH KOREA’S SK ON For personal use only Partnership with Korean Battery Maker to Explore Business Opportunities including Development of Downstream Lithium Assets1 • SK On supplies batteries to global automakers including Ford Motor Company, Hyundai Motor Company and
Slide 21: Manna Lithium Project
For personal use only Manna Lithium Project (100% GL1) 17 INVESTOR PRESENTATION | October 2022
Slide 22: Manna Lithium Project – 100% Ownership Secured
Manna Lithium Project 100% Ownership Secured For personal use only Acquisition Completed • Remaining 20% interest in lithium rights in the Manna Lithium Project acquired from Breaker Resources (ASX: BRB) via executed Sale and Purchase Agreement1 • Acquisition comprised $60m cash for 100% interest in
Slide 23: Manna Lithium Project
Manna Lithium Project For personal use only • Outcropping spodumene bearing pegmatite Geology • Individual pegmatite dykes +20 meters wide • Maiden Inferred Mineral Resource of 9.9Mt @ 1.14% Li2O1 Manna Deposit • Mineral Resource defined by just 3,636m of drilling at shallow depths • Significant exp
Slide 24: Manna Lithium Project – Thick Pegmatite Widths
Manna Lithium Project Thick Pegmatite Widths Over an Outcropping Strike of +1,000m For personal use only 1. Refer ASX release titled “Highest Grade Lithium Intercept Returned at Manna”, 13 September 2022. 19 A DNIGG NUEARLSGENER & DEAA LE LRM EN|TAT SEPERTIENSG Nov ION|beArug em ust 2022 2022
Slide 25: Manna Lithium Project – Drilling to Expand Resource
Manna Lithium Project Drilling to Expand Resource For personal use only Resource Expansion Drilling Continues • Diamond drilling program at Manna complete - total 5,455m drilled1 • Two RC rigs continue to drill across the deposit with ~31,000m of drilling complete to date • 2,000kg of pegmatite core
Slide 26: Drilling Program Progress
For personal use only Drilling Program Progress Manna Lithium Project
Slide 27: Marble Bar Lithium Project (MBLP)
For personal use only Marble Bar Lithium Project (MBLP) (100% GL1) 23 ANNUAL GENERAL MEETING | November 2022
Slide 28: Marble Bar Lithium Project – Highly prospective geological setting
Marble Bar Lithium Project Highly prospective geological setting For personal use only • Spodumene bearing pegmatite hosted in greenstone and granite contact Geology • Demonstrates similar geological settings to the Pilgangoora1 and Wodgina2 deposits • Maiden Inferred Mineral Resource of 10.5Mt @ 1.
Slide 29: Marble Bar Lithium Project – Results Demonstrate Upside Potential
Marble Bar Lithium Project Results Demonstrate Upside Potential For personal use only Highest grade lithium assays delivered to date1 • Significant high-grade lithium assay results continue from drilling campaigns • 11m @ 1.42 Li2O and 62ppm Ta2O5 from 25m in MBRC02582 • 7m @ 1.82% Li2O and 66ppm Ta
Slide 30: Marble Bar Lithium Project – Preliminary Metallurgical Test Work
Marble Bar Lithium Project Positive Preliminary Metallurgical Test Work For personal use only Excellent results received from initial test work carried out on diamond core samples from MBLP • GR Engineering supervised and carried out sighter test program at Nagrom Laboratories in Perth, WA o Prelimi
Slide 31: Building Momentum – Significant News Flow and Next Steps
Building Momentum – Significant News Flow and Next Steps For personal use only Global Lithium Resources 2023 2024 2025 2026 • Exploration (MBLP & Manna) • Scoping & Feasibility study (Manna) • Resource upgrades (MBLP & Manna) • Metallurgical test work (Manna) • Environmental / Native Title approvals
Slide 32: We're Hiring – Come and join our journey
We’re Hiring – Come and join our journey For personal use only Nicole Stein Community Relations Manager “I’m very lucky to be working with a passionate and inspirational team. GL1 has been inclusive, supportive, flexible and has a great company culture. The company is passionate about Lithium and dr
Slide 33: Globally Focused Multi Asset Lithium Company – Why Invest?
Globally Focused Multi Asset Lithium Company – Why Invest? For personal use only Two highly prospective Attributable inferred Aggressive exploration WA is the most attractive mining lithium projects in tier-1 Mineral Resources of programs at both the jurisdiction in the world for mining jurisdiction
Slide 34: Sustainability
Sustainability Building Capacity in ESG Reporting & Funding Partners For personal use only v v v ENVIRONMENT SOCIAL GOVERNANCE Commitment to minimise ground Engage local suppliers and Commitment to best practice in disturbance, emissions and water recognition of Traditional Owners corporate governan
Slide 35: For personal use only
For personal use only
Slide 36: Contact Us
For personal use only Contact Us RON MITCHELL au.linkedin.com/company/ Managing Director global-lithium-resources +61 8 6103 7488 info@globallithium.com.au @Global_Lithium VICTORIA HUMPHRIES Subscribe to our mailing list at: Media and Investor Relations globallithium.com.au +61 (0) 431 151 676 victo
Slide 37: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been • are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the prepared by Global
Global Lithium Resources — Shareholder Meeting (November 2022) on 6ix