Libra Energy Materials Inc. · CSE:LIBR
Libra Energy Materials — Investor Presentation (March 2025)
20 slides from Libra Energy Materials's investor presentation, March 2025
Slide 1: Go-Public Opportunity in 2025
Go-Public Opportunity in 2025 STRICTLY CONFIDENTIAL Q1 2025 (L to R) Koby Kushner, Ben Kuzmich, David Goodman
Slide 2: Cautionary Information
Cautionary Information The information contained in this corporate presentation (the “Presentation”) has been prepared by Libra Lithium Corp. (the “Company”) and contains confidential information United States Securities and Exchange Commission or by any state securities commission or regulatory aut
Slide 3: Why Libra Energy Materials?
Why Libra Energy Materials? • Libra’s vast land holdings across Ontario and Quebec makes it amongst the largest Genuine lithium explorers Explorer • Libra discovered Li mineralization on three projects in <1 year, with a cost-per-discovery cheaper than all Canadian peers • $33M earn-in deal with KoB
Slide 4: Global Exploration Budgets (USD$M)
The Case for Lithium has barely seen grassroots exploration; plenty Lithium Exploration of low-hanging fruit remains Global Exploration Budgets (USD$M) S&P Capital IQ Pro Lithium Nickel Copper Gold 4
Slide 5: Lithium Deficit Looming
Lithium Supply: Deficit 16% growth in 2025 Lithium Carbonate Equivalent (kt) Looming Demand set to grow faster than Demand: supply; deficit anticipated in 26% growth in 2025 coming years. S&P Capital IQ Pro; Adamas Intelligence Supply Demand Balance 5
Slide 6: The time to be counter-cyclical is now
The time to be counter-cyclical is now Lithium experiences boom-bust cycles • Prices peaked in 2022, then crashed as new supply came online, causing oversupply • Typical down-cycles last ~2 years Lithium Carbonate Price - Global Average (USD$/t) • Recent supply cuts and M&A signal a turning point Hi
Slide 7: Lithium price recovery imminent
Lithium price recovery imminent Analyst consensus has turned bullish • +15-20% price improvement through to 2027 • Shrinking surpluses, with deficit returning in coming years Lithium Carbonate Price (battery-grade, USD$/kg) Major M&A activity heating up • Rio Tinto acquiring top-ten lithium producer
Slide 8: There is a flash sale on lithium assets
There is a flash sale on lithium assets ...and we’re ready to take advantage! Lithium took a beating, especially the juniors • 2022 price boom caused a staking rush; many low-quality public Sprott Lithium Miners ETF companies - “promoters” - were born • The space is now much less competitive; many c
Slide 9: Real Miners, Not Stock Promoters
Real Miners, Lot Koopmans, MSc. Technical Advisor Not Stock Promoters Pegmatite geology expert, PhD candidate at University of Oxford Koby Kushner, P.Eng., CFA David Goodman, LLB, CFA Chief Executive Officer, Director Chairman 10 years' experience in mine engineering and capital Former CEO, DundeeWe
Slide 10: Share Structure
Share Structure Shares Outstanding 57M Incentive Options 4M Warrants 0 Fully Diluted 61M • Clean structure, zero warrants, significant insider ownership • Management and directors have been the lead order in every raise to date • Most other investors considered “close associates” Other (45%) Managem
Slide 11: KoBold Metals Earn-In
KoBold Metals Earn-In • KoBold Metals and Libra entered into a $33M earn-in agreement in November 2024 ⚬ KoBold may earn up to a 75% interest in three projects by spending up to $33M over six years; Libra retains 25% of these projects and 100% of the rest of its vast portfolio ⚬ KoBold has retained
Slide 12: Enough ground to explore > 14x Manhattan
Enough ground to explore > 14x Manhattan Project Location Description Size (ha) New grassroots spodumene discovery, up to 2.86% Li2O in a ~35 m wide pegmatite. < 3 km from all-season Flanders South Ontario Flanders Road. Along-trend of Green Technology Metals' Wisa Lake project. Coarse-grained tanta
Slide 13: The Superior Craton
6 The Superior Craton Kivinen • Extends from Quebec, through Ontario, into Manitoba NEMISCAU Nemiscau • World-class geology, home to the largest hard-rock Battery Hill lithium deposits in the Americas Toivo SBC Tennant ⚬ Patriot’s Shaakichiuwaanaan ⚬ Arcadium’s James Bay Burton THUNDER BAY ⚬ Sayona’
Slide 14: Our Strategy: How we prioritize projects
How we prioritize (and re-prioritize) projects: Our Strategy We rank our projects by: 1. Geologic Potential ⚬ “Size of the prize” ￭ We typically target pegmatites with > 30 m true-width potential, or projects with > 50 Mt potential 2. Explorability ⚬ If there’s a deposit hiding, how likely are we to
Slide 15: SBC Project (under KoBold earn-in)
SBC Project (under KoBold earn-in) New spodumene field discovered in 2024 In 2024, Libra discovered: • 18 spodumene-bearing pegmatite outcrops over a 12 km trend 8-12 m wide 25-30 m wide • Spodumene pegmatites up to 30 m wide • Spodumene crystals up to 0.4 m long • Grades up to 6.64% Li2O (grab Nort
Slide 16: First Mover Advantage in New Spodumene District
First Mover Advantage in New Spodumene District Libra’s discovery sparked a staking rush: • Following the SBC discovery, Libra immediately expanded its position, with staking of Toivo SBC Project (under KoBold earn-in) ⚬ Toivo straddles a major sub-province • 18 spodumene outcrops thus far • Grab sa
Slide 17: Flanders District Projects
Flanders District Projects District-scale position in the Quetico sub-province: • Underexplored (zero historical exploration prior to Libra) • ~3-hour drive from Thunder Bay, near Atikokan, a former mining town • Easily accessible, with logging road network and an all-season road off Highway 11 Home
Slide 18: Hard Rock Lithium
Hard Rock Lithium Occurs in pegmatites; with the primary Li-bearing mineral being spodumene REGIONAL ZONATION LOCAL ZONATION Not all pegmatites contain lithium Lithium mineralization often hidden within the pegmatite • Pegmatites formed as offshoots of a granitic source • Pegmatites crystalize inwar
Slide 19: Notes
NOTES 19
Slide 20: Thank you!
Thank you! Koby Kushner, CEO kkushner@libralithium.com +1 (416) 846-6164 www.libralithium.com
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