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Investor Presentaiton

KOMATSU 730 KOM AT SU MOMATSU 690 60 KOMATSU MINING MAGNESIUM ORE Company signed Future Contract LOI with Galaxy Magnesium in Dec 2021 for the sale of 234K tpa of Mg ore at $500/Mt • Mine construction following provincial permit approval; Mine production of 250 ktpa to start in 2023; Attractive economics and rapid payback with massive competitive advantages over other deposits; Open Pit high grade, oxide rich deposit with exceptional mineralogy and free of harmful contaminants (asbestos, etc.) Low Capex $5M due to existing infrastructure; Opex $20/t with contracted seasonal mining/crushing operation; Signed Future Contract LOI with Galaxy Magnesium for the sale of 234K tpa of Mg ore at $500/Mt FOB Rossland, BC, resulting in EBITDA of over 110$M. Recent corporate market cap suggests this attractive project is deeply discounted despite substantial de risking from a resource, permitting and planning perspective; Mine Quarry expansion in year 2 for 1.0 Mtpa. WHY.V | October, 2022 21
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