Canadian Phosphate Limited · ASX:CP8
Canadian Phosphate — Investor Presentation (June 2026)
26 slides from Canadian Phosphate's investor presentation, June 2026
Slide 1: Developing Canada's only advanced sedimentary rock phosphate platform
Developing Canada's only advanced sedimentary rock phosphate platform I NVES TO R OVER VI EW - Q 2 20 26 Daniel Gleeson, CEO & Managing Director daniel.gleeson@canadianphosphate.com
Slide 2: Disclaimer
D I S CL AIM ER This presentation has been prepared and issued by Canadian Phosphate Ltd (“the Company”) to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It does not
Slide 3: Advancing Canada's only developed sedimentary phosphate deposits
CO MP ANY OVER VI EW Advancing Canada’s only developed sedimentary phosphate deposits. CURRENT BUSINESS Providing a secure, high- quality domestic source of Hold the only advanced sedimentary rock phosphate deposits in Canada rock phosphate from Canada’s only advanced Ready to scale existing profita
Slide 4: Board and Capital Structure (ASX Listed)
L EAD ER S HIP Board and Capital Structure (ASX Listed) CAPITAL STRUCTURE 347M Shares on issue $0.18 Share price (at 3 June 26) $62.4M Market cap (at 3 June 26) DANIEL GLEESON STUART RICHARDSON MAL WEBER PETER DOYLE CEO & Managing Non-Exec Chairman Non-Exec Director Non-Exec Director $2.24M Cash (at
Slide 5: Phosphate underpins global agriculture and fast growing LFP battery demand
I ND US TR Y OV ER V IEW Phosphate underpins global $180.6B agriculture and fast growing LFP Global phosphate market in 2025, growing at a 5.6% CAGR to $300B by 20344 battery demand. ~70% A finite mineral, phosphate is used to create phosphoric acid, it is a core component of a multi-billion-dollar
Slide 6: Canada is 100% import-dependent for this critical mineral
P R OBL EM Canada is 100% import- dependent for this • Fertilizer supply chains are increasingly politicized critical mineral. GEO-POLITICAL SITUATION • U.S. tariffs, Middle East instability, Russia-Ukraine war tighten supply and increase shipping & input cost risk • China’s export limits tighten re
Slide 7: Building Canada's only integrated domestic phosphate supply chain
S OL UT IO N Building Canada's High-confidence only integrated phosphate assets domestic phosphate supply chain. → Onshore, domestic phosphate production → Large-scale, surface-expressed sedimentary deposits → Cost-effective access to key processing inputs (Sulfur & Natural Gas) → Multiple high-valu
Slide 8: Two active projects in Canada and plans to advance a U.S. project
AS S ET S Two active projects FIRST THREE LOCATIONS in Canada and Wapiti Fernie Diamond Mountain plans to advance Location Tumbler Ridge, BC, Canada British Columbia, Canada Utah, USA a U.S. project with Ownership state CP8-owned CP8-owned TBD scale potential. Acreage / Size 11,382 ha 10,775 ha 547
Slide 9: We own high-confidence phosphate resources — drilling to validate and classify
D E-R I S K ED R ES OUR C E BAS E We own high-confidence phosphate resources — drilling to validate and classify, not to discover. Our deposits sit within large-scale sedimentary basins with surface-expressed mineralization and strong geological continuity — the characteristics that define a viable,
Slide 10: Laying the groundwork for accelerated mine development
MI L ES TONES Laying the groundwork for accelerated mine development. Q2 2026 Q3 2026 Q4 2026 Q1 2027 Q2 2027 Q3 2027 Q4 2027 • Stage 1 Exploration • Update MRE • Complete • Initiate PEA/PFS • Industrial Mineral • Initiate DFS studies (3000-5000m • Environmental metallurgical / (100,000t SSP facilit
Slide 11: Flexible, phased development enabling early revenue and long-term upside
P HA S ED P R OCES S ING & MONET IZ ATI ON P AT HS Flexible, phased development enabling early revenue and long-term upside. No Plant Crushed Rock Fertilizer Phase 1 Required (5% P2O5) MINIMAL CAPEX Phase Single Super Dry Fertilizer Access to Wapi ti Phosphate Plant (20% P2O5) economical sulfuric 2
Slide 12: A structurally advantaged, fully integrated phosphate platform
OU R P L ATFO RM A DV ANT AG ES A structurally advantaged, fully integrated phosphate platform built for cost, scale, and supply security. Regional Supply Structural Cost & Fully Integrated, Low-Cost Demand Tailwinds & Scalability Sourcing Advantage Production Model & Policy Support → The only domes
Slide 13: Low Capex SSP plant bringing vertical integration to Wapiti & Fernie
P HA S E 2: S ING L E S U P ER P HOS P HAT E (S S P ) P LA NT Low Capex SSP plant bringing efficient vertical integration to Wapiti & Fernie. The SSP plant produces high-level phosphate and other nutrient-rich ingredients that fulfill strong Canada agriculture demand. P2O5 Nitrogen Sulfur Calcium Sa
Slide 14: Building Canada's first domestic sedimentary phosphate supply chain
Only domestic sedimentary phosphate in Canada Building Canada's first domestic sedimentary High-confidence, surface-exposed resource phosphate supply chain, from the ground up. Clear path from exploration to scalable production CO NTAC T Daniel Gleeson, CEO & Managing Director daniel.gleeson@canadia
Slide 15: Appendix
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Slide 16: Wapiti Overview
WA P IT I OVER VI EW 2026 start to update the Mineral Resource Estimate and confirm syncline depth. THE LOCATION • 100% held by CP8 • JORC Compliant Exploration Target, 2025: 20.2-28.6Mt @ 15.96% P2O5 over 11.5km strike* • Further 16.5km strike and central syncline area remain open (total strike len
Slide 17: Wapiti Exploration
WA P IT I EXP LO R ATI ON Exploration of the East and West limbs and the upper phosphate zone.* Phosphate Lower Upper P2O5 P2 O 5 Domain Range Mt Range Mt Main Zone— 11.0 17.78% 16.8 17.85% East Limb Main Zone— 7.7 13.00% 10.2 12.95% West Limb Main Zone—East 0.7 15.44% 0.7 15.44% Limb (Syncline) • N
Slide 18: Fernie Overview
FER NIE O VER VI EW Targeted bulk sampling in 2026 followed by drilling in 2027. THE LOCATION • 100% held by CP8 • Tenures hold known phosphate strive over 60km—further exploration required • Bulk sample completed at Marten site (2022)—8,000t averaging 22.5% P2O5 TARGETED NEXT STEPS • Barnes bulk sa
Slide 19: Utah Overview
UT AH OVER VI EW Purchasing a 50M tonne rock phosphate resource in 2026^ THE LOCATION • 50M tonne resource (26.8m measured and indicated, 23.1m inferred) • 3.5-5.6m thick seams, averaging 4.4m @ 19.67% P2O5 • Located on State land ~ $10,000 carrying cost annually • Sealed roads to the site, power di
Slide 20: Phosphate Demand
P HO S P HAT E D EMAND Consistent demand due to the rapid rise in LFP batteries and the need for fertilizer for global food production. FERTILIZER DEMAND LFP BATTERY DEMAND Structural food, soil replenishment, and renewable fuel Global LFP battery adoption is growing rapidly, creating growth trends
Slide 21: Mining Exploration Process
MI NI NG EXP L OR AT ION P R OCES S Advancing our three rock phosphate mining sites from acquisition through initial development by 2030. 1. Land 2. Baseline Studies 3. Initial 4. Resource Definition 5. Engineering Acquisition & Permitting Exploration & Feasibility Studies & Development Acquire mine
Slide 22: Wapiti Conceptual Exploration Target
OVERVIEW Wapiti Conceptual Exploration Target* Phosphate Domain Lower Range Mt P2O5 (%) Upper Range Mt P2O5 (%) Main Zone – East Limb 11.0 17.78 16.8 17.85 Main Zone – West Limb 7.7 13.00 10.2 12.95 Main Zone – Wapiti Syncline East limb 0.7 15.44 0.7 15.44 Main Zone – Wapiti Syncline West 0.4 19.93
Slide 23: Wapiti Exploration Target
OVE RVI E W Wapiti Exploration Target The Company’s Exploration Target wax prepared by independent consultant, Dahrouge Geological Consulting Ltd (Refer to ASX announcement dated 17 July 2025). The Exploration Target outlines a potential 20.2 to 28.6 million tonnes grading 15.76% to 15.96% P₂O₅ acro
Slide 24: Exploration Target Development
OV ER V IEW Exploration Target Development Wapiti’s Exploration Target is based on 1980, 1985, 1987 and 2008 trench/channel samples as well as drilling completed in 1980, 2012 and 2013. Dahrouge completed a 100% validation of the existing database which included verification of drillhole/trench loca
Slide 25: Wapiti Property Exploration Targets
The Exploration Target (refer Table 1 below) is presented as an upper and lower range, rounded to the closest 0.1 Mt. Conceptual Exploration Targets are presented as a range to represent the uncertainty in mineralized zone thickness, grade, and location. The upper (larger) tonnage range was generate
Slide 26: Foreign Estimate
FOREIGN ESTIMATE^ The foreign estimate is based on a Technical Report under National Instrument (NI 43-101) standards, titled ‘Technical Report – Diamond Mountain Phosphate Project’ with an effective date of 11 September 2014, authored by Norwest Corporation on behalf of Strata Minerals Inc. The est
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