The NI 43 101 technical report associated with the Bandeira Lithium Project Feasibility Study FS will be available on SEDAR at www sedarplus ca under the Company s issuer profile as well as the Company s website at www lithiumionic com within 45 calendar days from the May 29 2024 press release Feasibility Study Consultants The FS is prepared by independent representatives of AtkinsR alis GE21 Planminas and L M each of whom are Qualified Person as defined by NI 43 101 Standards of Disclosure for Mineral Projects Each of the QPs are independent of Lithium Ionic and have reviewed and confirmed that the content of the FS news release fairly and accurately reflects in the form and context in which it appears the information contained in the respective sections of the Bandeira FS for which they are responsible Qualified Persons Mineral Resource Estimate Carlos Jos Evangelista Geologist from GE21 Underground mine studies Engineer Rubens Mendon a from Planminas The mineral processing studies were consolidated and defined by Tony Lipiec Process Engineer and Vice President Global Minerals Metals Processing at AtkinsR alis Environmental studies Branca Horta from GE21 Tailings Disposal systems Porf rio Cabaleiro from GE21 The economic and financial model was certified and validated by Jo o Augusto Hilario de Souza from L M Advisory as the qualified professional This presentation contains or incorporates by reference forward looking information within the meaning of applicable Canadian securities legislation Forward looking information may include but is not limited to statements with respect to the future performance of Lithium Ionic Corp Lithium Ionic or the Company Lithium Ionic mineral properties the future price of lithium and other metals the mineralization of the Company s properties results of exploration activities and studies the realization of mineral resource and mineral reserve estimates exploration activities costs and timing of the development of new deposits the results of future exploration and drilling the results of environmental studies management s skill and knowledge with respect to the exploration and development of mining properties in Brazil the Company s ability to raise adequate financing the Company s ability to obtain the requisite permits and approvals the economic viability of its mining projects government regulation of mining operations and exploration operations timing and receipt of approvals and licenses under mineral legislation the Company s local partners and environmental risks and title disputes In certain cases forward looking statements can be identified by the use of words such as plans expects is expected budget scheduled estimates forecasts intends anticipates or believes or variations including negative variations of such words and phrases or state that certain actions events or results may could would might or will be taken occur or be achieved Forward looking statements involve known and unknown risks uncertainties and other factors which may cause the actual results performance or achievements of Lithium Ionic to be materially different from any future results performance or achievements expressed or implied by the forward looking statements Such factors include among others risks associated with the Company s dependence on the Bandeira property general business economic competitive political and social uncertainties the actual results of current exploration activities risks associated with dependence on key members of management currency fluctuations particularly in respect of the Canadian dollar the United States dollar the Brazilian reais and the rate at which each may be exchanged for the others uncertainty in the estimation of mineral resources and mineral reserves exploration and development risks infrastructure risks inflation risks defects and adverse claims in the title to the projects accidents political instability insurrection or war labour and employment risks changes in government regulations and policies including laws governing development production taxes royalty payments labour standards and occupational health safety toxic substances resource exploitation and other matters delays in obtaining governmental approvals or financing or in the completion of development or construction activities insufficient insurance coverage the risk that dividends may never be declared and liquidity and financing risks related to the global economic crisis Although Lithium Ionic has attempted to identify important factors that could cause actual actions events or results to differ materially from those described in forward looking statements there may be other factors that cause actions events or results to differ from those anticipated estimated or intended Forward looking statements contained herein are made as of the date of this presentation There can be no assurance that forward looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements Accordingly readers should not place undue reliance on forward looking statements due to the inherent uncertainty therein Information in this presentation relating to other companies are from their sources believed to be reliable but that have not been independently verified by the Company Unless otherwise indicated the scientific and technical information in this presentation has been reviewed and approved by Carlos Costa Vice President of Exploration for Lithium Ionic who is a Qualified Person as defined by National Instrument 43101 of the Canadian Securities Administrators NI 43 101 Outro Lado Mineral Resource Estimate was prepared by Maxime Dupere P Geo M Sc and Faisal Sayeed P Geo of SGS each a Qualified Person as defined by NI 43 101 with an effective date of June 24 2023 The supporting Technical Report can be found on SEDAR under the Company s issuer profile and on the Company s website www lithiumionic com DISCLOSURE FOR U S INVESTORS The securities described herein have not been and will not be registered under the U S Securities Act 1933 as amended the U S Securities Act or any U S state securities laws Accordingly the securities described herein will not be offered or sold in the United States except in reliance on exemptions from registration provided under the U S Securities Act and the rules thereunder Securities may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an exemption from such registration Under no circumstances is this presentation or the information contained herein to be construed as a prospectus offering memorandum or advertisement and neither any part of this written or oral presentation nor any information or statement contained herein or therein shall form the basis of or be relied upon in connection with any contract or commitment whatsoever This presentation should not be construed as legal financial or tax advice to any investor as each investor s circumstances are different Readers should consult with their own professional advisors regarding their particular circumstances There are certain risks inherent in an investment in the securities of the Company that prospective investors should carefully consider before investing in the securities of the Company
Blake Hylands CEO Director Professional Geoscientist with 13 years of international experience in advanced and early stage exploration gold base metals iron ore Cofounder of Troilus Gold where he led the technical team to the discovery of 8Moz AuEq gold in Quebec Extensive capital markets corporate development and community relations experience Tom Olesinski CFO 25 years of finance and executive management experience Former forensic accountant for BDO Dunwoody Former Director of Finance and Operations for Cossette Communication Group CEO and CFO at Havas Media Canada and COO and CFO for Brainrider Current board member of Troilus Gold Corp Helio Diniz President Director 40 years of experience in the mining sector Former Managing Director Brazil for Xstrata Glencore where he discovered the Araguaia Nickel Deposit 100Mt 1 5 Ni Began his career with GENCOR South Africa Sao Bento gold mine Brazil AngloGold Ashanti Founder of Falcon Metais and HDX Consultoria to identify explore and develop mining opportunities in Brazil Founded and developed several companies for the F M Group incl Brazil Potash current Managing Director Aguia Metais potash Belo Sun gold and Irati oil shale Carlos Costa VP Exploration 40 years of experience 29 yrs in base metals gold and PGE exploration throughout Brazil Managed several exploration programs from regional grassroots to bankable feasibility studies 10 yrs experience in mine geology including underground and open pit operations Former Country Manager Brazil for Emerita Led exploration programs for Belo Sun Xstrata Falconbridge with experience at Vale and BP Minera o British Petroleum Group Broad experience in mining and other industries Blake Hylands Patrizia Ferrarese Helio Diniz Michael Shuh Paulo Misk COO Mining engineer with 38 years of experience in the operational management of several multinational mining companies He held several executive and operational roles at Largo Inc 2014 2023 including President COO and CEO director where he led the production commissioning and operations of its Marac s Menchen Mine and led several expansion projects including the company s battery business Former Head of Niobium and Phosphate Operations at Anglo American 10 years at AMG most recently as Operational Director where he was responsible for the Tantalum and Niobium division and overall mining activities in Brazil including the development of its Mibra lithium mine located in MG State Andr Guimar es VP Corp Development PhD Geology graduate specializing in igneous petrology with 10 years of experience in research Founder of Neolit Minerals 2020 where he has been directly involved in all corporate and exploration activities including analyses and interpretation of geological data particularly geochemical results field work and contract negotiations Former archaeologist who was involved in rescue archaeology projects associated with the development of mining sites in Brazil David Gower David D Onofrio Lawrence Guy Ian Pritchard Mike Westendorf VP Technical Services Professional engineer with over 15 years of diversified experience in mining operations capital projects engineering and corporate development Most recently acted as Director of Operational Excellence for Copper Mountain Mining Corp now Hudbay Minerals where he led initiatives to improve production execute capital upgrades and reduce costs at the Copper Mountain Mine Canada Here he also acted as Production Manager overseeing the development of their Eva Copper Project in Australia and Director of Metallurgy supporting resource expansions and development Damian Lopez Corporate Secretary Corporate securities lawyer with 15 years experience working as a legal consultant to various TSX and TSXV listed companies Previously worked as a securities and merger acquisitions lawyer at a large Toronto corporate legal firm where he worked on a variety of corporate and commercial transactions
Irap Dam 360MW Minas Gerais
K2 Claims Option to acquire 90
60 40 20 0 May 18 Nov 18 May 19 Nov 19 May 20 Nov 20 May 21 Nov 21 May 22 Nov 22 May 23 Nov 23 May 24
See Appendix for details related to the MRE Bandeira MRE see press release dated April 12 2024 Salinas MRE See press release dated April 4 2024 Outro Lado MRE See press release dated June 27 2023
70 9Mt 1 25 Li2O Latin Resources Colina Deposit
70 60 50 40 30 20 10 0 Millions
Long term price forecast established by Fastmarkets as of April 2024
3 500 3 000 2 500 Free Cash Flow M USD 2 000 1 500 1 000 500 0 YR 2 YR 1 YR1 YR2 YR3 YR4 YR5 YR6 YR7 YR8 YR9 YR10 YR11 YR12 YR13 YR14 500
ROM MASS Kt 1 240 1 301 1 112 1 178 1 266 1 288 1 269 1 258 1 276 1 305 1 279 1 303 1 182 18 260 552 117 2 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 ROM_MASS_DEV t ROM_MASS_RP t ROM_MASS_SUBLEVEL t TOTAL ROM_MASS t
PERMITTING PROGRESS
Romeu Zema Minas Gerais Governor Fernando Passalio Helio Diniz Minas Gerais Secretary of President State for Economic Development Lithium Ionic Corp
Formation of Lithium Ionic and initiation of drilling Q2 2022 Permitting process initiated Bandeira Nov 2023 PEA and updated MRE Bandeira Oct 2023 Initial Mineral Resource Bandeira Outro Lado June 2022 Initial Mineral Resource Salinas April 2024 Mineral Resource Update Initial Mine Development Bandeira Bandeira Q4 2024 April 2024 Feasibility Study Construction Bandeira Bandeira May 2024 Basic Detailed Engineering Bandeira Commissioning Initial Production Construction Permits Bandeira Bandeira Q4 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Lithium Ionic Corp 400 36 Lombard St Toronto Ontario Canada M5C 2X3 Investor Relations Caroline Arsenault 1 647 316 2500 info lithiumionic com