PMET Resources Inc. · TSX:PMET
PMET Resources — Patriot Battery Metals — Investor Presentation (December 2024)
12 slides from PMET Resources's investor presentation, Dec 18, 2024
Slide 1: Strategic Partnership with Volkswagen and PowerCo
For personal use only Propelling Patriot Battery Metals Towards Production Strategic Partnership with Volkswagen and PowerCo DECEMBER 18, 2024
Slide 2: Important Information
IMPORTANT INFORMATION This presentation has been prepared by Patriot Battery Metals Inc (Company) and is authorised statements included in this presentation and believes that it has a “reasonable basis” to expect it closing conditions of the Strategic Investment; the total funding required and timel
Slide 3: Important Information
IMPORTANT INFORMATION Although the Company believes its expectations are based upon reasonable (member number 87868). Mr. Smith has reviewed and approved the technical August 21, 2024. The Effective Date of the Mineral Resource Estimate is assumptions and has attempted to identify important factors
Slide 4: Highlights
Highlights For personal use only ~C$69m1 strategic First direct investment in a Binding Offtake Term Sheet with Strategic Investment, investment to fund lithium mining company by PowerCo SE (“PowerCo”), a Offtake and Strategic exploration, development Volkswagen Group subsidiary of Volkswagen, for 1
Slide 5: Strategic Rationale
Strategic Rationale For personal use only Strategic investment at a premium – underscores confidence in the size, quality & strategic importance of the Shaakichiuwaanaan Project to the North American and European battery supply chains ~C$69m1 proceeds will predominantly be used to complete the FS
Slide 6: Overview of Strategic Investment
Overview of Strategic Investment ~C$69m1 Strategic Investment by Volkswagen For personal use only • ~C$69m1 to acquire 15,557,500 common shares, representing 9.9% of Patriot’s issued and outstanding common shares on a pro forma non diluted basis Subscription • Issue price of C$4.42 per share represe
Slide 7: Overview of Offtake
Overview of Offtake Offtake with PowerCo For personal use only • Binding Offtake Term Sheet with Volkswagen’s 100% owned, vertically integrated battery manufacturer, PowerCo • Offtake: 100ktpa of spodumene concentrate (representing ~25% of estimated Stage 1 production & ~12.5% of estimated Stage 1+
Slide 8: Strategic Long-term Partnership
Strategic Long-term Partnership Non-Binding MoU with PowerCo to jointly explore opportunities for collaboration on shared strategic objectives For personal use only Strategic Objectives Project Development: PowerCo to provide strategic assistance and Tolling Opportunities: Evaluate near term tolling
Slide 9: Tier 1 Offtake Partner Secured
Tier 1 Offtake Partner Secured For personal use only Anticipated Spodumene Production (kt SC5.5 target) 100ktpa offtake volumes Remaining volumes • Vertically integrated battery manufacturer and 100% owned subsidiary of Volkswagen - largest European based car manufacturer and leader in EV sales 900
Slide 10: Phased Development Strategy
Phased Development Strategy For personal use only Downstream (Opportunity) Stage 2 (Expansion Phase) Future downstream opportunity (Not included in the PEA) ✓ Provides increased access to North American Stage 1 and European lithium supply chains ~800ktpa expansion (5.0 Mtpa plant) ✓ Opportunity to l
Slide 11: Focus on Execution & Value Creation
Focus on Execution & Value Creation Straightforward nature of Shaakichiuwaanaan Project geology, pegmatite geometry, mining methodology For personal use only and processing, supports advancing towards a FS with Project FID targeted in 2027 ✓ ✓ ✓ Preliminary Maiden Mineral Flow-Through equity Secure
Slide 12: Thank you
For personal use only Thank you PATRIOT BATTERY METALS +1 (604) 279 8709 [email protected] patriotbatterymetals.com
Patriot Battery Metals — Investor Presentation (December 2024) on 6ix