Libra Energy Materials Inc. · CSE:LIBR
Libra Energy Materials — Investor Presentation (October 2025)
28 slides from Libra Energy Materials's investor presentation, October 2025
Slide 1: The Ultimate Countercyclical Green Energy Play
October 2025 The Ultimate Countercyclical Green Energy Play L to R: Koby Kushner, CEO, Ben Kuzmich, VP, Exploration, David Goodman, Chairman CSE: LIBR | FSE: W0R0
Slide 2: Cautionary Information
Cautionary Information CSE: LIBR | FSE: W0R0 The information contained in this corporate presentation (the “Presentation”), prepared by Libra Energy Materials Inc. (the “Company”), (a) is provided as at the date hereof, is subject INDUSTRY INFORMATION to change without notice, and is based on public
Slide 3: Why Libra Energy Materials?
Why Libra Energy Materials? CSE: LIBR | FSE: W0R0 • Libra’s vast land holdings across Canada and Brazil makes it amongst the largest energy Genuine materials explorers Explorer • Libra discovered lithium (Li) mineralization on three projects in <1 year, with a cost-per- discovery cheaper than all Ca
Slide 4: The Case for Lithium Exploration
The Case for CSE: LIBR | FSE: W0R0 Lithium has barely seen grassroots exploration; plenty Lithium Exploration of low-hanging fruit remains Global Exploration Budgets (USD$M) S&P Capital IQ Pro Lithium Nickel Copper Gold 4
Slide 5: Lithium Deficit Looming
CSE: LIBR | FSE: W0R0 Lithium Deficit Supply: 16% growth in 2025 Lithium Carbonate Equivalent (kt) Looming Demand set to grow faster than Demand: supply; deficit anticipated in 26% growth in 2025 coming years. S&P Capital IQ Pro; Adamas Intelligence Supply Demand Balance 5
Slide 6: The time to be counter-cyclical is now
The time to be counter-cyclical is now CSE: LIBR | FSE: W0R0 Lithium experiences boom-bust cycles • Prices peaked in 2022, then crashed as new supply came online, causing oversupply • Typical down-cycles last ~2-3 years Lithium Carbonate Price - Global Average (USD$/t) • Recent supply cuts and M&A s
Slide 7: Lithium price recovery imminent
Lithium price recovery imminent CSE: LIBR | FSE: W0R0 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$/kg Major M&A activity heating up • Rio Tinto acquiring top
Slide 8: There is a flash sale on lithium assets
There is a flash sale on lithium assets CSE: LIBR | FSE: W0R0 ...and we’re ready to take advantage! Lithium took a beating, especially the juniors • 2022 price boom caused a staking rush; many low-quality public Sprott Lithium Miners ETF companies - “promoters” - were born • The space is now much le
Slide 9: Real Miners, Not Stock Promoters
Real Miners, Not Stock Promoters CSE: LIBR | FSE: W0R0 David Goodman, LLB, CFA Chairman Koby Kushner, P.Eng., CFA Former CEO, DundeeWealth and Dyanamic Funds; Chief Executive Officer, Director Founder & CEO, Humour Me 10 years' experience in mine engineering and capital markets; former sell-side lit
Slide 10: Proven, cost-efficient exploration
Proven, cost-efficient exploration CSE: LIBR | FSE: W0R0 Total Capital "Discovery Skill" Libra wins 2024 Bernie No. of existing Li discoveries raised, (No. of Company No. of new Li discoveries made discoveries acquired made + 2022+2023 discoveries per acquired (C$M) C$1M raised) Schnieders Discovery
Slide 11: Share Structure
Share Structure CSE: LIBR | FSE: W0R0 Shares Outstanding 61.5M Incentive Options 4.5M Warrants 0 Fully Diluted 66M • Clean structure, zero warrants, significant insider ownership • Management and directors have been the lead order in every raise to date, with 28M shares under indefinite* lock-up • M
Slide 12: KoBold Metals Earn-In
KoBold Metals Earn-In CSE: LIBR | FSE: W0R0 • 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
Slide 13: Our Strategy
Our Strategy How we prioritize (and re-prioritize) projects: CSE: LIBR | FSE: W0R0 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
Slide 14: One of Canada's largest energy metals explorers
One of Canada’s largest energy metals explorers 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-graine
Slide 15: Canadian Portfolio
6 Canadian Portfolio • Superior Craton; extends from Quebec, through Ontario, into Manitoba NEMISCAUWegucci Nemiscau • World-class geology, home to the largest hard-rock lithium deposits in the Americas Toivo SBC ⚬ Patriot’s Shaakichiuwaanaan Stimson ⚬ Rio Tinto’s James Bay + Whabouchi THUNDER BAY ⚬
Slide 16: SBC Project (under KoBold earn-in)
SBC Project (under KoBold earn-in) CSE: LIBR | FSE: W0R0 Winner of the 2024 Bernie Schnieders Discovery of the Year Award 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
Slide 17: 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) • 18 spodumene outcrops thus far • KoBold and Fortescue have since begun staking
Slide 18: Flanders District Projects
Flanders District Projects CSE: LIBR | FSE: W0R0 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 ro
Slide 19: Stimson Project
Stimson Project CSE: LIBR | FSE: W0R0 Drill-ready in the Case Lake Li-Cs District: • Immediately west of Case Lake • Same geological subprovince boundary hosting the fifth-largest cesium resource globally • Power Metals is a +C$130M market cap • Historical drilling shows promise • Hole PT94-11 inter
Slide 20: Strategic minerals development in Brazil: Lithium, Graphite & Cobalt
Strategic minerals development in Brazil: CSE: LIBR | FSE: W0R0 Lithium, Graphite & Cobalt Why Brazil? • Rich geology: Major deposits of gold (Au), iron ore (Fe), copper (Cu), nickel (Ni), lithium (Li), niobium (Nb), and rare earths (REEs). • Global relevance: Top supplier of iron ore and niobium; r
Slide 21: Brazilian Portfolio
Brazilian Portfolio CSE: LIBR | FSE: W0R0 Location Proven Mining States in Brazil Commodities Graphite, Lithium & Cobalt 30 projects (30,706 ha) Properties • 21 Lithium (100% Libra) • 8 Graphite • 1 Cobalt Stage Exploration (trenching/drilling) Permits Exploration permits granted • Lithium: hard roc
Slide 22: Libra's Brazilian Assets
Libra’s Brazilian Assets CSE: LIBR | FSE: W0R0 Palmeirópolis Lithium Province Borborema Pegmatite Field (new province, first mover) Graphite Portfolio Limeira (Main Graphite Project) Outcrops (2 km x 40 m) containing high-grade flakes. Results up to 7.2% Cg within one of the most prolific graphite b
Slide 23: Borborema Lithium Project
Borborema Lithium Project CSE: LIBR | FSE: W0R0 100% in five exploration licences totalling 4,890.82 hectares in the states of Rio Grande do Norte and Paraíba Borborema Pegmatite Province The main Serido Belt hosts granite rocks of Neoproterozoic age with about 1,500 pegmatite bodies that carry valu
Slide 24: Penelope Lithium Project
Penelope Lithium Project CSE: LIBR | FSE: W0R0 Two 100%-owned mining properties, totalling 3,169.84 hectares, located 270 km northeast of Belo Horizonte, 9.5 km away from the city of Serra Azul de Minas. Geology • (LCT-type: Lithium, Cesium, Tantalum) Pegmatites are intruded into Archean- aged Serra
Slide 25: Palmeiropolis Lithium Project
Palmeiropolis Lithium Project CSE: LIBR | FSE: W0R0 First pass trenching with 6m at 1.0% Li2O and progressing with drilling. • ~400 km north of Brasilia in the State of Tocantins Additional tenements • Visible spodumene and lithium micas acquired on the same mineralization trend. Initial were observ
Slide 26: Other Projects
CSE: LIBR | FSE: W0R0 Other Projects • Two strategically located projects in the historic Graphite Belt of Bahia State, near six currently active Graphite mines with more than 100,000 tonnes/year output • Graphitic Gneiss with quartzite, hosting large-flake graphite mineralization. Limeira Graphite
Slide 27: Thank you!
Thank you! Koby Kushner, CEO [email protected] +1 (416) 846-6164 www.libraenergymaterials.com CSE: LIBR | FSE: W0R0
Slide 28: Appendix: Hard Rock Lithium
Appendix: 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 crysta
Libra Energy Materials — Investor Presentation (October 2025) on 6ix