Transition Metals Corp. · TSXV:XTM

Transition Metals — Investor Presentation (April 2024)

16 slides from Transition Metals's investor presentation, April 2024

  1. Slide 1: Critical and Precious Metals Exploration in Canada

    Critical and Precious Metals Exploration in Canada XTM – TSXV | Q1 2024 1

  2. Slide 2: Why Invest in Transition Metals?

    Why Invest in Transition Metals? • New high quality exploration projects in Canada • Added value created by spinouts • Key projects: • Depth of commodity Pike-Warden (Ag-Au-Cu) Maude Lake (Ni-Cu-PGM) exposure that supports Saturday Night (PGM) Multiple green energy discoveries • Mitigation of risk t

  3. Slide 3: Management Team

    Management Team SCOTT MCLEAN GREG COLLINS TOM HART BEN WILLIAMS HBSc., P.Geo. BSc. Eng., P.Geo. MSc., P.Geo MSc., P.Geo. CEO & Co-founder COO & Co-founder Principal Geologist Senior Geologist • 2004 PDAC Prospector • Over 25 years experience in • Co-recipient of the • Program management leader explo

  4. Slide 4: Funding vs. Asset Values

    Funding vs. Asset Values Funding Sources Since IPO Asset Value Summary (In Millions) $23,066,390 Cash Royalties Goodwill & People Milestone Payments Securities Securities Ownership Summary (>$4.0 Million Value) $4,018,628 Properties Market Cap Estimated Asset Value XTM:TSXV 4

  5. Slide 5: Capital Structure

    Capital Structure Share Performance Shares Outstanding 66,977,139 Warrants 4,885,375 Options 4,795,000 Fully Diluted 76,982,264 Tight Capital Trading Fair Value: $0.27 Structure Below Cash Current Price: $0.06 after 15 Years XTM:TSXV 5

  6. Slide 6: About Transition Metals

    About Transition Metals Over 1,400 km2 of Property Holdings Au Ni Ag Ontario Cu Ni Opportunity by Primary Commodity Au 12 Ni 9 6 21 properties across mining friendly Canada 3 0 XTM:TSXV Au Cu PGM Ni U Ag 6

  7. Slide 7: Pike Warden Project Overview

    Pike Warden Project Overview • Emerging Epithermal Au-Ag/Porphyry Copper System • Located 65km southwest of Whitehorse in traditional territory of Carcross-Tagish FN • Sampling of outcrop and scree completed since 2019 has led to the discovery of more than 25 new zones of polymetallic mineralization

  8. Slide 8: Pike Warden – Location

    Pike Warden – Location Dawson Range Casino Minto Carmacks Catch (NEW) • Pike Warden situated on the margins of one of the largest collapsed caldera complexes in the Canadian Cordillera – the Bennett Lake complex near Yukon/British Columbia border Pike Warden Shaft • Under-explored gap on margin of t

  9. Slide 9: Key Project #2 - Maude Lake Ni-Cu-PGM

    Key Project #2 - Maude Lake Ni-Cu-PGM Northwestern Ontario • Emerging large, high tenor Ni-Cu-Co-PGM magmatic sulphide system located 10 km north of Schreiber Ontario • Historical drilling in the 1960’s outlined a 185,000 t non- 43-101 compliant resource grading 0.49%Ni, 0.26% Cu • Grab and channel

  10. Slide 10: 2022 Drill Program

    2022 Drill Program with BHEM survey • Three diamond drill holes for 561 metres completed in September • Targeted 300 x 500 metres conductive anomaly down- dip known near surface mineralization • Significant intervals of high tenor Ni-Cu-Co and PGM mineralization were intersected in all 3 holes • Hig

  11. Slide 11: Observations

    Observations Highest grade thickness trend ML-22-02 • Basal contact of this large mafic intrusion hosts widespread high tenor nickel sulphide mineralization ML-22-01 Untested Conductivity Target • Conductivity increasing at depth ML-22-03 • Increased grade thickness trend corresponds to strongest ma

  12. Slide 12: Spinouts – Value Creation and Upside

    Spinouts – Value Creation and Upside • Focused on high-quality Ni-Cu-PGM assets in the • 100% ownership in more than 365 km2 of top- heart of the world-class Sudbury Mining Camp tier gold exploration properties in the prolific Abitibi Greenstone Belt • Resource to be released this week • One of larg

  13. Slide 13: Lockerby East Property

    LOCKERBY EAST PROPERTY ❖ Acquired in 2016, the Lockerby East Property consists of five mining patents covering 390 Ha. ❖ SPC has entered into an Agreement with Vale to earn an 100% interest in the Crean Hill 3 Property. ❖ Lockerby East Property hosts the past producing Lockerby East Mine and the lar

  14. Slide 14: Spinout #2: Canadian Gold Miner

    Spinout #2: CANADIAN GOLD MINER • 100% ownership in +200 square kilometers in the heart of Kirkland Lake Mining Camp, Ontario • Near complete coverage of the Lincoln Nipissing Shear Zone (LNSZ) – one of two major structures in the Camp • Located <15 km south of the Cadillac-Larder Break (CLLB)* • Ex

  15. Slide 15: Upcoming Catalysts

    Upcoming Catalysts • EXPLORATION FOCUS Pike Warden (Au-Ag-Cu) Maude Lake (Ni-Cu-Co-PGM) Saturday Night (PGM) • POTENTIAL SPINOUT Sunday Lake & Saturday Night (PGM) • DEAL FLOW Securing joint-venture partners to fund drilling and exploration work of other projects • PROGRESSS WITH SPINOUTS SPC Nickel

  16. Slide 16: Critical and Precious Metals Exploration in Canada

    Critical and Precious Metals Exploration in Canada Scott McLean HBSc., P.Geo. CEO & Co-founder smclean@transitionmetalscorp.com 9C – 1351 Kelly Lake Road Sudbury ON P3E 5P5 Telephone: 705-669-0590 Q1 2024 16

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