Investor Presentaiton

Searchlight's Take on Critical Elements Vulnerable to Shortages 3 Li Lithium 6.914 28 88 27 Ni Nickel 58.693 Co Cobalt 58.933 Future Market Shortages of Energy Metals - Lithium has quadrupled in price since 2021, which has stimulated a supply response from the mining industry in exploration, development, and production. Nickel - Elon Musk has publicly called on the mining industry to supply more nickel in a form suitable for electric vehicle batteries - Cobalt a highly sought-after battery material from sources often having environmental, social and governmental issues, and exists as a by-product supply market rather than a primary one; consequently, battery makers are re-engineering battery chemistry to exclude cobalt. Rare Earth Elements - also considered critical are vulnerable to market shortages, with China currently sitting as both main supply and demand in the global market. 5 SCLT TSXV SEARCHLIGHTRESOURCES.COM SEARCHLIGHT RESOURCES

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