Greenlight Metals Inc · TSXV:GRL

Greenlight Metals — Investor Presentation (August 2025)

18 slides from Greenlight Metals's investor presentation, August 2025

  1. Slide 1: America's Next Premier Mining District: Wisconsin

    AMERICA’S NEXT PREMIER MINING DISTRICT: WISCONSIN The Penokean Volcanic Belt: Among North America’s Most Prospective VMS Belts TSX-V: GRL | August 2025 *Aerial view of Flambeau open pit operating in 1995

  2. Slide 2: Legal Disclaimer

    Legal Disclaimer General This presentation has been prepared by GreenLight Metals Inc. (the “Company” or “GreenLight”) and is based on public information and the Company’s confidential information. This presentation is provided solely for informational purposes and is being made on a confidential ba

  3. Slide 3: Laying the groundwork to create the next critical minerals champion in Wisconsin

    Laying the groundwork to create the next critical minerals champion in the State of Wisconsin FIRST MOVER ADVANTAGE IN ONE OF NORTH AMERICA’S MOST PROSPECTIVE VMS BELTS First mover advantage in one of North America’s most Wisconsin focused team with track record of prospective VMS belts – Penokean V

  4. Slide 4: Leadership Team: significant representation from Wisconsinites

    Leadership Team: significant representation from Wisconsinites Core Leadership Team • 15 years experience in • 15+ years experience in • 30+ years experience mineral exploration, mine corporate development, focused in natural resource development, and corporate investor relations, mineral project pe

  5. Slide 5: Wisconsin: rich mining history with untapped potential

    Wisconsin: rich mining history with untapped potential Wisconsin: storied • Penokean Volcanic Belt was actively explored and mined mining history dating from 1960s-1997 back to the 1800s • Richly endowed with Cu / Zn, +40 blue chip mining with numerous lead, companies explored PVB before 1997; 14 de

  6. Slide 6: Share Structure & Ownership Summary

    Share Structure & Ownership Summary Share Structure1 Approx. Ownership Breakdown1 Current Basic Shares Outstanding 65.8M 7% Warrants (C$0.48 avg. strike) 7.3M 22% Retail & HNW Institutions Stock Options (C$0.30 avg. strike) 5.1M Insiders & Management 71% RSUs 1.4M DSUs 1.1M Top Institutional Investo

  7. Slide 7: Wisconsin Portfolio: high quality projects along untapped VMS belt

    Wisconsin Portfolio: high quality projects along untapped VMS belt Bend Flambeau (Rio Tinto) • VMS deposit; UG potential with high- • Successfully permitted in 4-years grade copper, gold & tellurium • Operating mine (1993-1998); ore • Same trend as former producing and direct shipped to Kidd Creek M

  8. Slide 8: Penokean Volcanic Belt: Underexplored Potential

    Penokean Volcanic Belt: Underexplored Potential 8 AMERICA’S NEXT PREMIER MINING DISTRICT: W ISCONSIN | TSX-V: GRL.V INVESTOR PRESENTATION

  9. Slide 9: VMS Deposits: the gift that keeps on giving…

    VMS Deposits: the gift that keeps on giving… What is a VMS Deposit? VMS Deposit Schematic • Volcanogenic Massive Sulphide (VMS) deposits are one of the richest sources of metals such as copper, lead, and zinc globally. • VMS deposits can also produce economic amounts of gold and silver as byproducts

  10. Slide 10: Bend Copper-Gold Project (with high tellurium concentrations)

    Bend Copper-Gold Project (with high tellurium concentrations) VMS deposit with underground mining potential located ~35 miles southeast of former producing Flambeau mine 10 Asset Overview 1,2 Historical Drilling 1,2 A B90-6 A’ • 100% owned, historical-resource stage VMS deposit; located 19 B90-2 B90

  11. Slide 11: Bend Copper-Gold Project (cont'd)

    Bend Copper-Gold Project (cont’d) Next phase of drilling to be focused on testing mineralized horizon along strike to NE of Soo Line 40 acres Strategy1,2 Plan View1,2 • Resource expansion drilling program will focus on: Anomalies • ~3,000 meters testing the mineralized horizon along strike to Identi

  12. Slide 12: Lobo & Lobo East

    Lobo & Lobo East High-grade massive sulphide discovery next door to Crandon: major undeveloped VMS deposit Asset Overview Lobo Historical Drilling1 Lobo • 100% owned high-grade massive sulfide discovery • Several holes intersected high-grade mineralization at depths ranging from ~60m to ~340m. • Zon

  13. Slide 13: Reef High-Grade Gold Project

    Reef High-Grade Gold Project Reef hosts a high-grade historical resource which is open in all directions with the potential for significant expansion† Asset Overview Historical Drilling1 • Historical resource stage orogenic shear zone hosted vein-type • Key drill intercepts from 2011-2012 drill prog

  14. Slide 14: Reef High-Grade Gold Project (cont'd)

    Reef High-Grade Gold Project (cont’d) Reef demonstrates potential for additional mineralized zones peripheral to current deposit Strategy Resource Model – Looking South1 • Resource expansion drilling will focus on: • ~2,000 meters planned to confirm mineralization along strike and down dip • Mineral

  15. Slide 15: Investment Highlights

    Investment Highlights Excellent Geology Growth Strategy Financial Backing Penokean Volcanic Belt – Control of three of the Belt’s Long-term institutional reopened prospective greenstone most prospective deposits; belt, host to high-grade shareholders, high-net-worth strategy focused on resource poly

  16. Slide 16: Appendix

    Appendix

  17. Slide 17: Kalium Canyon Gold Property (Nevada)

    Kalium Canyon Gold Property (Nevada) Kalium Canyon contains several low-sulphidation epithermal targets within the productive Walker Lane Trend of Nevada Asset Overview1 Project Location • 100% owned property surrounded by significant and established gold projects; previously assessed by Premier Gol

  18. Slide 18: U.S. Head Office / Corporate Office

    U.S. Head Office: N4480 Co. Rd. East Medford, WI 54451 Corporate Office: 141 Adelaide St W, Suite 520 Toronto, ON M5H 3L5

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