Advancing the Historic Temple Mountain Vanadium Project in
the USA
March 2019
CSE:ABC | OTCQB:FDVXF | Frankfurt:A2PD0G
This presentation includes certain statements that may be deemed to be forward-looking. All statements in this presentation, other than
statements of historical facts, that address events or developments that the Company expects, are forward-looking statements. Although
the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-
looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include availability
of capital and financing, commodity prices, and general economic, market or business conditions. Readers are cautioned that actual results
or developments may differ materially from those projected in the forward-looking statements.
Neither the Canadian Securities Exchange (CSE or CNSX Markets Inc), nor its Regulation Services Provider (as that term is defined in policies
of the CSE) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements
based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks
and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements,
including the implementation of the arrangement as described in the circular which depends on various factors and implementation by the
Company’s board of directors. The company disclaims any intention or obligation to revise or update such forward-looking statements
unless required by applicable laws.
John Walther, P.Geo., a Director of American Battery Metals Corp., is the Qualified Person for the purposes of NI 43-101 and has approved
this written disclosure.
Cautionary Note
Two projects with exposure to the battery metals sector: vanadium and lithium
Both projects located in mining friendly jurisdictions within the USA
Temple Mountain Vanadium Project will see it’s first modern exploration program in Q1/19 which is to include drilling and geophysics
Fish Lake Lithium Project is an early-stage exploration project targeting the same geologic structures that are host to ioneer’s Rhyolite Ridge project. Rhyolite Ridge is host to a 4.1 million tonne lithium carbonate resource with a Pre-Feasibility Study demonstrating a long-life, high-margin production profile1.
Why American Battery Metals?
1 Source: Paradigm Minerals USA Corp Rhyolite Ridge Lithium Project Pre-Feasibility Study dated 22 October 2018
100% Reusable, Vanadium Plays a Key Role in the Green Energy
Revolution.
Declared a critical mineral by the US Government given it is essential to steel production and emerging energy storage markets
Vanadium is primarily used as a strengthening agent for steel and large-scale energy storage
Vanadium plays a key role in the green energy revolution and is 100% reusable
Charged with potential
Vanadium is the Best Material for Sustainable Energy Storage.
January 2019
Vanadium Advantages
Unlimited life cycle
Ready state maintained for long periods
Simultaneous charge and discharge
Extremely scalable
Rapid release of large amounts of electricity
Safe & non-flammable
Cap
acit
y
VanadiumSteady Flow Battery
Cycles / Time
Lithium Battery Decay
Vanadium Outperforms Lithium
Energy Storage Applications
MICROGRIDS
WIND & SOLAR
OFF-GRID POWER SUPPLY
UNINTERRUPTIBLE POWER SUPPLY (UPS)
LOAD LEVELING
PEAK SHAVING
China: World’s Largest Vanadium Battery
Global vanadium batteries
in operation or
construction total 256 MW
Carribean
Canada
China
Europe
Japan
USA
Other
Temple Mountain
Location & InfrastructureLocated in Emery County, Utah, USA
Comprised of 52 contiguous lode mining claims covering 1,074 acres (~435 hectares)
The claim group has a north-south extension of 3.2 km and a east-west extension of 1.8 km
Located 35 km north of Hanksville, Utah and accessible via State Route 24
Located ~250 km from Energy Fuel’s (NYSE:UUUU, TSX:EFR) White Mesa Mill, which recently restarted vanadium production (c.f. January 7th, 2019 Press Release)
Due to uranium exploration during WWII, Emery County was central to the Manhattan Project
Temple Mountain
History
Mineralization first discovered in 1898 with intermittent historical mining from 1914 through 1978
Historical assays of up to 4.97% vanadium oxide (V2O5) and uranium (U3O8) of up to 1.85%.
Mineralization occurs in pockets or restricted lenses of high-grade ore (c.f. USGS, 1965)
Numerous historical mine workings
Temple Mountain
Work Program
Exploration program being permitted and scheduled to commence in Q1/19
Program to encompass 3,000 ft of reverse circulation drilling in 10 holes plus geophysical surveying, sampling and trenching
Represents the first modern exploration since artisanal mining in the late 1970’s
Temple Mountain
Vanadium Project ComparablesTicker Company
Market Cap
(C$M) Project
TSX:LGO Largo Resources Ltd. 1,185.1 Vanadio de Maracas Menchen, Brazil
AIM:BMN Bushveld Minerals Limited 754.6 Vametco & Uitvalgrond Portion 3 Projects, South Africa
TSX:EFR Energy Fuels Inc. 346.9 Various Operations in USA
SEHK:3833 Xinjiang Xinxin Mining Industry Co., Ltd. 294.7 Mujia River, China
ASX:FMS Flinders Mines Limited 115.4 Canegrass, Australia
ASX:TNG TNG Limited 87.5 Mount Peake, Australia
TSXV:AU Aurion Resources Ltd. 82.6 Silasselka, Finland
TSX:NEXT NextSource Materials Inc. 49.1 Green Giant, Madagascar
ASX:AVL Australian Vanadium Limited 39.2 Gabanintha, Australia
ASX:KRR King River Resources Limited 34.0 Speewah Dome, Australia
TSXV:FVAN First Vanadium Corp. 28.8 Carlin, USA
TSX:PCY Prophecy Development Corp. 22.9 Gibellini, USA
CSE:ABC American Battery Metals Corp. 6.9 Temple Mountain, USA
Sourced on March 11, 2019
Management
Michael Mulberry – President & CEO
Mr. Mulberry has been a Geo-Tech contractor with GeoMinEx Consultants, a private geological consulting firm, since February 2009. Mr. Mulberry has been associated with the mineral exploration and public investment community since the 1990’s. Mr. Mulberry has been a director and/or officer of a number of publicly listed companies including Secova Metals Corp., Westkam Gold Corp. (formerly, Encore Renaissance Resources Corp.) and World Organics Inc. and is currently the Chief Financial Officer of Zanzibar Gold Corp. and a director of True Zone Resources Inc. Mr. Mulberry holds a Bachelor of Social Science from the University of Western Ontario and successfully started his own insurance company in the late 1990's and early 2000’s.
Joel Leonard – CFO
Mr. Joel Leonard is the founding Partner of JCL Partners Chartered Professional Accountants located in Vancouver, BC. Joel has acted as a consultant for various public reporting entities since January of 2016, specializing in financial reporting, audit, and internal control implementation.
Directors
John Walther
Mr. Walther completed his Bachelor of Science at Memorial University in Newfoundland in October 2004 and is a professional geologist with the Engineers and Geoscientists British Columbia. He has been working as a project geologist with GeoMinEx Consultants, a private geological consulting firm, since July 2007. Previously, from March 2012 to May 2015, Mr. Walther was a director of Nanton Nickel Corp. (now Eyecarrot Innovations Corp.), a TSX Venture Exchange listed issuer.
Jordon Carroll
Mr. Carroll is the Chairman of IBEW Local 993 (International Brotherhood of Electrical Workers), having held this position since 2014, and was previously an Executive Board Member from 2011 through 2014. Mr. Carroll is a Red Seal Electrician and obtained his qualification from Thomson Rivers University in 2011. Mr. Carroll has worked on several mine sites, including Thompson Creek Metal’s Endako mine, Teck’s Highland Valley Copper mine, and was part of the mineral processing team during Rio Tinto’s Alcan smelter commissioning and start-up. Mr. Carroll is also a former placer miner and holds a BC Freeminer certification.
Capital Structure
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0.30
0.60
0.90
1.20
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0.10
0.20
0.30
0.40
0.50
19-Dec-18 26-Dec-18 2-Jan-19 9-Jan-19 16-Jan-19 23-Jan-19 30-Jan-19 6-Feb-19 13-Feb-19 20-Feb-19
Vo
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M)
Sh
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Pri
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C$)
Volume Price
Shares (M) C$(M)
Basic Shares Outstanding 22.94 Current Cash 1.70
Options 0.70 ITM Warrants & Options 1.40
0.7M at C$0.20 exp in 4.8 yrs Total Cash & Potential Proceeds 1.65
Warrants 18.74
18.7M at C$0.24 exp in 1.6 yrs
Fully Diluted 42.38