Noram Lithium Corp · TSXV:NRM
Noram Lithium — Investor Presentation (July 2022)
21 slides from Noram Lithium's investor presentation, July 2022
Slide 1: Corporate Presentation July 2022
Corporate Presentation July 2022 TSXV: NRM | OTCQB: NRVTF | FRA: N7R
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains "forward-looking information "with in the meaning of Canadian securities legislation. All information contained here in that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking informati
Slide 3: Where are we today? How did we get here?
Where are we today? How did we get here…..? • Jurisdiction: Nevada - ranked #1 in the world by Fraser Institute. • ZEUS PEA (After-Tax)**: US$2.67 Billion NPV (8%), 52% IRR, CAPEX US$528M, 40 Yr LOM. • 43-101 Resource (LCE)*: 1.8 MT Measured & Indicated; 3.9 MT Inferred. • Treasury: ~$17 million (as
Slide 4: 2021 Corporate / Project Activity
2021 Corporate / Project Activity January April September •Reports initial success with •Engages ABH •Adam Falkoff joined the Board of chloride-based leaching of Engineering to Directors. lithium from clays complete Preliminary •Completes 5th resource model and achieving 95% Li into Economic Assessm
Slide 5: Capital Structure
Capital Structure Capital Structure* Jan 10, 2022 to July 8, 2022 TSXV: NRM | OTCQB: NRVTF | FRA: N7R 0.5 $1.00 NRM Share Price $0.62 0.45 $0.95 Market Capitalization $55 M Volumeiin Millions SHares 0.4 Share Price CDN$/Share $0.90 Enterprise Value $38M 0.35 Cash & Cash Equivalents $17 M 0.3 $0.85 S
Slide 6: Recent Strategic Investment
Recent Strategic Investment Recent Milestones – Q1 2022 Completed financing totaling US$14M Royalty and Equity Investment on February 25, 2022, with Lithium Royalty Corp. and Waratah Capital Advisors Ltd.: • Acquired ~16% of Noram’s issued shares. • 1% Gross Overriding Royalty (“GOR”) purchased by L
Slide 7: Management & Directors
Management & Directors Anita Algie - Chair & CFO Anita brings over 15 years of experience in management, listings, compliance, corporate structure and development as well as mergers and acquisitions for exploration and resource based public companies. She is the former President & CEO of Unity Metal
Slide 8: Management & Directors
Management & Directors Brad Peek – VP Exploration More than 40 years’ experience in project management, mineral exploration and in computer applications in the mineral exploration and mining. Mr. Peek has been instrumental in advancing Noram’s Zeus project since inception. Mr. Peek received a Bachel
Slide 9: Zeus Project Quick Facts
Zeus Project Quick Facts • Located in Clayton Valley, Nevada. • Next to extensive infrastructure including power and paved road access. • Strategically located adjacent to the only other U.S. Lithium producer – Albermarle Silver Peak. • 100% Owned (less 1% GOR) – 2800 acres or 146 placer claims and
Slide 10: Zeus Property – Strategic US Location
Zeus Property – Strategic US Location ZEUS Tesla Lithium Ion Battery (LIB) Gigafactory, Adjacent to only Lithium Producer in United States: Location of the Zeus claim outline and 30 km east of Reno, Nevada: Albemarle's Silver Peak Operation drilling collars. 500,000 LIB/year in 2020 Lithium brine pr
Slide 11: Zeus Lithium Claystone Deposit - New Resource Estimate
Zeus Lithium Claystone Deposit - New Resource Estimate* Measured & Indicated Resources: Large Increase in Tonnage in 2021 • 363 MT at 927 ppm lithium Million Li Grade Li Cutoff LCE LCE • 1.8 MT lithium carbonate equivalent (LCE) a 60% increase Tonnes (MT) (ppm) (ppm) (MT) % Increase Feb-20 213 976 3
Slide 12: Zeus Plan View Grades vs Cutoff at 400ppm
Zeus Plan View Grades vs Cutoff at 400ppm Plan view of lithium grades Plan view of the resource classifications at the 400 ppm Li cutoff TSXV: NRM | OTCQB: NRVTF | FRA: N7R 12
Slide 13: Zeus Robust Preliminary Economic Assessment
Zeus Robust Preliminary Economic Assessment* US$14,250/tonne 40 Year Modelled LCE Price NPV Mine Life US$2.67 Billion 17,000 TPD After – Tax @ 8% Discount 3.23 Years Operating Rate Payback Period US $3,355/tonne US$528 Million Operating Cost IRR CAPEX 52% US$12.14 Billion After – Tax 31,900 tonnes L
Slide 14: Projects Economics – NRM vs CYP @ US$9,500/t LCE
Projects Economics – NRM vs CYP @ US$9,500/t LCE Noram Lithuim Corp. Cypress Development Corp. (TSXV: NRM) – “PEA” (TSXV: CYP) – “PFS” NPV (8%) $1.3 Billion $1.03 Billion IRR 31% 25.8% Base Case Lithium Carbonate US$ 9,500 US$ 9,500 Payback Period 3.23 Years 4.4 Years Operating Rate 17,000 TPD 15,00
Slide 15: Project Design Assumptions – NRM vs CYP
Project Design Assumptions – NRM vs CYP Noram Lithuim Corp. Cypress Development Corp. (TSXV: NRM) – “PEA” (TSXV: CYP) – “PFS” Operating rate of 17,000 tpd Operating rate of 15,000 tpd • 6.2 million tpy mill feed • 5.5 million tpy mill feed @ @ 1093 ppm Li 1100 ppm Li • 40-year mine life • 40-year mi
Slide 16: PEA Metrics: NRM vs Peers
PEA Metrics: NRM vs Peers (using Base Case Model) Noram Cypress Bacanora Frontier European Ioneer Piedmont Lithium Galan Lithium Development Lithium Lithium Metals Ltd Lithium Americas Lithium Clayton Rhyolite Hombre Zeus Sonora PAK Cinovec Carolina Thacker Pass Valley Ridge Muerto LiCO3 LiCO3 LiCO3
Slide 17: PEA Metrics: NRM vs OPEX Cost Curve
PEA Metrics: NRM vs OPEX Cost Curve LCE Cost Curve 2025 Noram Note*: PEA OPEX US$3,355/t *Preliminary Economic Assessment Zeus Project, December 2021 ABH Engineering) As of November 30, 2021 TSXV: NRM | OTCQB: NRVTF | FRA: N7R 17
Slide 18: M&I Resource vs. Global Lithium Deposits
Strong Value Proposition 16,000 M&I Resource (KT LCE) vs. Global Lithium Deposits 14,000 13,700 M&I Resource (KT LCE) 12,000 11,000 10,000 Noram Note Based on Existing M & I 1.78 MT LCE 8,800 8,837 Resources; 3.89 MT currently in Inferred 8,000 for potential upgrade in 2022 6,000 6,000 5,370 4,350 4
Slide 19: Market Capitalization vs. Global Lithium Developers
As of December 3, 2021 Market Capitalization (US$M) Source: Company public filings 500 0 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 22 Bearing 55 Noram 86 European Lithium European Metals 133 Cypress Development 177 Strong Value Proposition Critical Elements 224 Frontier Lithium 314 Bacanora Li
Slide 20: Corporate Summary and 2022 Catalysts / Next Steps
Corporate Summary and 2022 Catalysts / Next Steps Quick Key Facts • 100%-control of its flagship high-grade Zeus Lithium project in Nevada. • Experienced management in engineering, geology, and capital markets. • Management and insiders control close 12% of shares issued. • Solid share structure pro
Slide 21: Contact
Contact Suite 2150 – 555 West Hastings Street Vancouver, BC V6B 4N6 Canada www.noramlithiumcorp.com Peter A. Ball President & COO [email protected] 778.344.4653 TSXV: NRM | OTCQB: NRVTF | FRA: N7R 21