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A.I.S. Resources Limited
LithiumCarbonateFromBrinesForTheExpandingLithiumIndustryInvestorPresenta<on
OCTOBER2018
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Disclaimer
This presenta7on contains forward looking statements including but not limited to comments regarding predic7ons andprojec7ons. Forward looking statements address future events and condi7ons and therefore involve inherent risksanduncertain7es.AlthoughA.I.S.ResourcesLimitedbelievesthatsuchexpecta7onsarereasonable,therecanbenoassurancethat such expecta7ons will prove to be correct, and therefore actual results may differ materially from those currentlyan7cipatedinsuchstatements.Youarecau7onednottoplaceunduerelianceonanysuchforwardlookingstatements,whethermadeinthispresenta7onorinanyques7onandanswerperiodrelatedtothispresenta7on.
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GrowingImportanceofLithium
ImpactofLithiumBaPeryTechnology§ Governmentdeclara7onsinParis,Swedenandother
countries,nomorefossilfueledcars.§ BaLerycostsarecon7nuouslydropping–butusing55kg
Li2CO3perbaLery.• Therearenocostefficientsubs7tutesorsynthe7c
replacementsforlithiumbaLeriesthatarecommercial.• Chinaandmanyothercountriesprovidesubsidiesfor
electriccars,increasingdemandforlithiumbaLeries.
ElectricVehicleSales• Arecord579,000newpassengerelectriccarswere
registeredin2017inChina• Morethan300,000NissanLeafshavebeensold
worldwidethroughJanuary2018,makingtheLeaftheworld'sall-7mebest-sellinghighway-capableelectriccarinhistory
• Over12BaLeryGigafactoriesaresettoopenby2025.• Demandisprojectedtoexceedsupplythrough2025.
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LithiumandCobaltForecastDemand–FromMcKinseyBasicMaterialsIns3tute
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WhyInvestinA.I.S.Resources?
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PitG6thatsampledat270ppmlithium
• TwoprojectsintheLithiumTriangle
• GuayatayocandSalinasGrandesSalinitasJointVentureprojectwithMGX
• DrillingpermitsissuedforSalinitas
• ExperiencedManagementandTechnicalTeam,explora7on,pilotplantandprocessengineering.
• GuayatayochasacompletedUGAMPconferenceandissigningassemblydocswithcommunitytohavedrillingpermitsissued.
• Significantlyundervaluedcomparedtopeers
• ALrac7ve20217me-linetoproduc7on
• Produc7onsamplesproducedusingfrac7onalcrystalliza7onandion-exchange
• TEM-Electromagne7csurveyforGuayatayocisinprogressandSalinasGrandescompletedwithtrenchingtostartsoon.
• Argen7naRoyal7es–currently4.5%(Federal1.5%andJujuyProvince3%).Mayincreaseto8-10%.
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Brinepondcontains900ppmlithiumintheSodiumandpotassiumsaturatedbrine
GuayatayocandGuayatayocIIIProjectDealTerms
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• $100kUSDpaymentcompletedforsixmonthop7on(expires31March2019)
• $4.5MillionUSDpaymenttopurchase3concessions–$600perhectare,5225Ha.
• Finalpaymentwillbemadeakertrenching,drillingandproduc7onwellscompleted.
• Nostockissuance,nostagedpaymentsorroyal7estoconcessionvendors
• Na7onalInstrument43-101ReportapprovedbytheTSXandreleasedMay2016availableonSEDARandcompanywebsiteandwillbeupdatedakerdrilling
• AISResourcesSAlocalcompanyincorporated,teamofcountryrepresenta7ve,accountants,auditors,lawyers,geologists,chemicalandconstruc7onengineersassembled.
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SalinasGrandes“Salinitas”ProjectDealTerms
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• $250kUSDpaymentcompletedfortwoyearop7on(expires31August2020)
• Op7ontoacquire5concessions–4,308Hafor$928perhectare,US$4.0mfromwhichMGXcanacquire80%.
• MGX(CDN:XGM)haveacquired80%interestandcommiLedto$1.2mexpenditurebyMay31,2020.
• Op7onmaybeexercisedakertrenching,drillingandproduc7onwells,resourcestatementandPEAarecompleted.
• Nostockissuance,nostagedpaymentsorroyal7estoconcessionvendors
• Na7onalInstrument43-101Reportwillbeproducedoncomple7onoftrenchingandgeophysics.
• AISResourcesSAlocalcompanyincorporated,teamofcountryrepresenta7ve,accountants,auditors,lawyers,geologists,chemicalandconstruc7onengineersassembled.
TenementsextendhalfwayalongtheSouthernborderofSalinasGrandessalarapproximately26.5km.
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ExperiencedManagementTeam
MartynElement–ChairmanoftheBoard,Director• FounderandPresidentofElement&Associates–primarilyfocusedonsourcingnewbusinessventuresgloballywithaproventrackrecord
ofsecuringfinancing.• Cul7vatedextensivenetworkanddevelopedstrongworkingrela7onshipswithspecializedfundsandhighnetworthindividualsaround
theworld–forprivateandpublicequityfinancings.• PriortoformingElementandAssociatesin1989,hedevelopedhisexperienceinthepublicfinancialmarketsinCanadathroughvarious
corporatefinancerolls.
PhillipThomas,BScGeol,MBusM,MAIG,MAIMVA,(CMV)–President&CEO,Director• Hasspentthepast14yearsexploringforlithiumbrines,buildingandopera7ngpilotplantsforproduc7on,andbuildingproduc7onandprocessing
facili7es.Hasfirsthandexperiencewiththehighlytechnicalprocessofopera7ngalithiumcarbonate/lithiumchlorideplantattheRinconsalar.• ChairmanandCEO,AdmiraltyResources,2004to2008–exploredandbuiltthelithiumcarbonateprocessingfacility,commencingopera7on
in2007.UponthesaletotheSen7entgroupin2008,heresignedtopursueotherlithiumdevelopmentopportuni7es.• HeandthisteamexploredthePozuelossalarproducinganindicatedandinferredresource,andpupngintwoproduc7onwells.AtHombre
Muertosalartheytrenched,drilledandconstructedthelithiumisobars.TheirengineeringgrouphaveafullyequippedlabandpilotplantinSaltatomanagetheextrac7onprocessesandphasechemistryincludingfrac7onalcrystalliza7on,membranesandionexchangeprocesses.
• MostrecentlyPhilhasbeeninvolvedinexploringanddrillingthePocitos,SalinasGrandesandGuayatayocsalars.• ExperiencedGeologistbothinthefieldandhaswriLenbankablefeasibilitystudiesandprovenandprobableresourcees7mates.• Hassignificantinvestmentbankingexperienceholdingseniorexecu7ve/directorroleswithMacquarieBank,ABN-Amro,McIntoshSecuri7es
andactuariesWatsonWyaL.• MemberoftheAustralianIns7tuteofGeoscien7sts,AustralasianIns7tuteofMineralValuersandAppraisers,Chairmanofitsboardofdirectors,a
Cer7fiedMineralValuer.HehasaBSc,GeologyfromtheAustralianNa7onalUniversity,aMBAfromMonashUniversityandCer7ficateinFinancialPlanning.HehasaLendednumerousadvancedcoursesingeologytechnology,geophysicsandresourceevalua7onandmanylithiumconferences.
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ExperiencedManagementTeam(conEnued)
KikiSmith–CFO,CPACGA,Director• Over20yearsexperienceassis7ngprivateandpubliccompaniesintherolesofaccountant,corporatecontrollerandchieffinancialofficerin
mining,oilandgas,realestate,hightechnology,foodproduc7on,andinvestmentfundmanagement.
• Currentlyprovidesconsul7ngservicesinmergersandacquisi7ons,financialrepor7ng,andregulatorycompliancetoseveralpublicandprivatecompaniesintheresource,foodproduc7onandinvestmentsectors.
• MemberoftheCharteredProfessionalAccountantsofBri7shColumbiawithBachelordegreeineconomics.
Dr.CarlosSoren<no–ChiefChemicalEngineer
• Specializesinthevalua7on,planning,developmentandmanagementofminingprojects,havingestablishedanumberofsignificantexplora7onprojectsinSouthAmerica,andhascompletedanumberofmajorlithiumprojectsinArgen7na.
• Specializesintheexplora7on,metallurgy&developmentofevapori7cdepositsmineralresources,mainlyintheAndesCordillera.
• 1996to2001,prepareddetailedengineeringandbankablefeasibilitystudyforexploita7onoftheSalardelRioGrande.
• 2004to2008,developedthebasicanddetailengineeringanddirectedtheestablishmentofapilotplantforalithiumprojectintheSalarofRincon,inSalta,Argen7na.
• Hisdoctoraldisserta7onwasmineraleconomics,andhasamasterofenvironmentalstudies,bachelorofengineering(chemistry)andadiplomainradioisotopestechnology.CarlosisafellowandacharteredprofessionaloftheAustralasianIns7tuteofMiningandMetallurgy,amemberoftheMineralIndustryConsultantsAssocia7on,amemberoftheAmericanChemicalSociety,andadirectorandcer7fiedmineralvaluerwiththeAustralasianIns7tuteofMineralValuersandAppraisers.
LocalManagementTeam
• CountryRepresenta7ve,Lawyer,Permipnggroup,LocalPunaGeologist,Geohydrologist,Chemicalprocessingteam
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Explora<onProgressGuayatayoc
• Acquiredsignificantvolumeofgeologicalresearchdatacompleted2013-2017byDrLSteinmetz• Guayatayocwassampledin2017withLirangingfrom270-900ppminponds,and
100-190ppmforbrinessipnginthetoplayersabovethegreenmontmorilliteclaylayers.• Geophysicsshowlargehighlyconduc7velayersor“aquifers”presentatthe300mlevelconsistent
withourgeologicalmodel,between20metresand250metresinthicknesswithverylowresis7vitysugges7ngastrongcorrela7ontobrinesoakedhalitesandsands.
• OncedrillingpermitisissuedatGuayatayoc,projectwillbefasttrackedtocomputeresourcees7mateandPEAassumingsa7sfactorylithiumvaluessampledinpackertests.
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• ProposedDrillholeloca<ons
7km
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GuayatayocDevelopmentPlan
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GuayatayocConstruction,Commission,ProductionTimeline2018 2019 2020 2021
Qtr Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar JunDrillandSeismicPermitissuedDrilling,ProductionTesting,MassBalance,PilotPlantSampleproduction-completedBankingFeasibilityStudyCapital/DebtraisingforprojectConstructionCivilworksforponds,linersConstructionofmixingtanks,pondsandliners,electronicsProcessingFillingpondsCommencementoftreatmentofconcentratedbrineDeliveringlithiumCarbonatetocustomersDeliveringsamplestoclientsProductionCommences
LithiumProducersin2021• FMC• SQM
• PilbaraMinerals• Talison/Tianqi
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Explora<onProgress–Salinitas–SalinasGrandesProject
• Acquiredsignificantvolumeofgeologicalresearchdatacompleted2010byAlanHoustonwhenworkingforOrocobrewhopreviouslyheldthepropertyandaresourcees7matefornearbytenementsbyHydrologistMurrayBrookerin2012.
• Previoussurfacesamplinginwells2mdeep,showedmorethan450ppmLi(NotNI-43-101compliant)• Geophysicsshowlargehighlyconduc7velayersor“aquifers”presentatthe300mlevelconsistent
withourgeologicalmodel,between150metresand250metresinthicknesswithverylowresis7vitysugges7ngastrongcorrela7ontobrinesoakedhalitesandsands.
• OncetrenchingiscompletedearlyOctober2018,drillingwillbefasttrackedtocomputeresourcees7mateassumingsa7sfactorylithiumvaluessampledinpackertests.Permitisissued.
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ProposedDrillHoleLoca<ons4km
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A.I.S.CapitalStructure(asofOctober4,2018)
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POSSIBLESHARES PROCEEDS
ISSUED AND OUTSTANDING 52,692,776
EXPIRY DATE PRICE WARRANTS $ CAD05-Oct-18 0.30 * 4,602,650 1,380,795 01-Nov-18 0.30 11,955,308 3,586,592
16,557,958 4,967,387
EXPIRY DATE PRICE OPTIONS $ CAD17-Aug-23 0.20 1,000,000 200,000 24-Nov-22 0.20 1,240,000 248,000 24-Nov-22 0.91 670,000 609,700 25-Aug-22 0.20 175,000 35,000 14-Feb-22 0.20 110,000 22,000 14-Feb-22 0.68 150,000 102,000 8-Nov-21 0.30 100,000 30,000 7-Oct-21 0.25 215,000 53,750
12-Aug-21 0.15 165,000 24,750 20-May-19 0.20 100,000 20,000 27-Apr-19 0.28 400,000 112,000 21-Nov-18 0.91 240,000 218,400 21-Nov-18 0.25 135,000 33,750 21-Nov-18 0.15 350,000 52,500
5,050,000 1,009,200
FULLY DILUTED 74,300,734 5,976,587 * AIS has applied to TSX exchange to extend expiry of 4,505,000 warrants to Oct 5, 2019 exchange acceptance is pending
A.I.S. RESOURCES LIMITEDCAPITAL STRUCTURE
October 4, 2018
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WhyInvestinA.I.S.Resources?
• Twosalarswithabundanceofresearch,Salinitashaspermittodrillissued,reducestheriskoflithiumcarbonateproduc7on
• Stronggeology,chemicalengineeringandmarke7ngteam-makinggoodprogressnowwithaboriginalcommuni7es
• Posi7vestudiesfromtheabovewillgiveusthenecessaryinforma7onrequiredforadrillprogramwithfinalobjec7veofaNI43-101InferredandpossiblyIndicatedmineralresourcestatementoflithiumwithin6months
• Budgetedforapprox.2,800metresofdrilling
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VisualSynopsisoftheBusiness
Salar,Argen7na Produc7onBoreholes Evapora7onofbrine
Movementofbrinetofurtherevapora7on
Chemicalanalysisensuringremovalofimpuri7es
1000kg&25kgbags TraintoAntofagasta,Chile Containershiptoclient
Produc7onoflithiumcarbonate
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Every1MillionElectricVehiclesRequire40GWhofBaPeries
Battery Giga factories to be completed by 2025
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CorporateContact
A.I.S.ResourcesLimitedSuite23001177WestHas7ngsStreetVancouverBCCanadaV6E2K3T+1-604-669-4300F+1-604-909-4682Websitewww.aisresources.com
For more information, please contact:
Martyn Element Chairman of the Board, Director C +1-604-220-6266 [email protected]
Phillip Thomas President & CEO, Director C +1-747-200-9412 (Canada/USA) C +61 433 747 380 (International Cellular) [email protected]
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