A PREMIER BATTERY MINERALS DEVELOPER
High-quality portfolio of assets located in mining-friendly jurisdictions
Rare, high-grade primary cobalt projects located in Canada and the U.S.
Dominant 1,100 km2 land package in the Ontario Cobalt Belt
434 unpatented mining mineral claims covering 14 cobalt prospects in the Idaho Cobalt Belt plus expansion into new areas in the U.S.
Significant upside potential across asset portfolio
Underexplored land package in the Ontario Cobalt Belt with resource expansion potential
Highly prospective lithium exploration projects in the U.S. and brownfield graphite projects in South Korea
Strong market fundamentals driven by expected growth in electric vehicle (“EV”) adoption
EV demand expected to grow by 20% CAGR over the next 5 years
Several large auto manufacturers have recently announced aggressive EV targets
Experienced management team and board with proven track record
Management team and board have extensive experience in lithium-ion battery materials
Specialized board and technical teams with capabilities in exploration, mine development, operations, and downstream
Strategic investment provides financing certainty de-risks future development
Strategic investment by ESI Energy Services Inc.(1) funds phase one cobalt processing facility and de-risks future development
Clear pathway to production with minimal shareholder dilution
Clear vision to maximize shareholder returns through growth and capital efficiency
Well defined exploration program over the next 18 months across the portfolio
Strong balance sheet, conservative capital management with no debt or overhang from warrants / options
Source: Wood Mackenzie
1. Yorktown Partners LLC, through its partnerships, owns 87.6% of the outstanding common shares of ESI Energy Services Inc.