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A.I.S. Resources Limited Lithium Carbonate From Brines For The Expanding Lithium Industry Investor Presenta<on OCTOBER 2018 1

Lithium Carbonate From Brines For The Expanding …...and released May 2016 available on SEDAR and company website and will be updated aer drilling • AIS Resources SA local company

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Page 1: Lithium Carbonate From Brines For The Expanding …...and released May 2016 available on SEDAR and company website and will be updated aer drilling • AIS Resources SA local company

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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