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ASX: PMT | TSX: PMET | OTCQX: PMETF | WB: R9GA 21pmet.ca
Important Information
This presentation (together with oral statements made in connection
herewith, this “Presentation”) is dated June 22nd, 2026, and has been
prepared by PMET Resources Inc (the “Company”) and is authorised for
release by Managing Director, Ken Brinsden. This Presentation and the
information contained herein is for information purposes only, and all
recipients agree that they will use this presentation solely for information
purposes.
SUMMARY INFORMATION
This Presentation contains summary information about the current activities of
the Company and its subsidiaries (the “Group”) which is current as at the date
of this Presentation unless otherwise indicated. The information in this
Presentation is of a general nature and does not purport to be complete or
exhaustive. For greater certainty, this Presentation should be read in
conjunction with the Company's other periodic and continuous disclosure
releases, available from SEDAR+ or the ASX, including the detailed risk
discussion in the Company’s most recent Annual Information Form filed on
SEDAR+ and with the ASX.
Certain market and industry data used in this Presentation may have been
obtained from research, surveys or studies conducted by third parties,
including industry or general publications. None of the Group nor its advisers or
representatives have independently verified any such market or industry data
provided by third parties or industry or general publications.
No member of the Group gives any representations or warranties, express or
implied, in relation to the statements or information in this Presentation.
Readers should not construe the contents of this document as legal, tax,
regulatory, financial or accounting advice and are urged to consult with their
own advisers in relation to such matters. You should consult your own advisors
as needed to make a future investment decision and determine whether you
are legally permitted to make an investment under applicable legal
requirements, including securities or similar laws or regulations.
NO FINANCIAL PRODUCT ADVICE
This Presentation is for information purposes only and is not a prospectus,
offering memorandum disclosure document, product disclosure statement or
other offering document under Canadian law, Australian law or the law of any
other jurisdiction. This Presentation is not financial product advice or
investment advice nor a recommendation to acquire, and should not be
construed to constitute an offer to sell or the solicitation of an offer to buy, any
securities. This Presentation shall not form the basis for or be used for any such
offer or solicitation or other contract or engagement in any jurisdiction. An
investment in Company securities is subject to known and unknown risks,
some of which are beyond the control of the Group. Each recipient should
undertake its own independent evaluation of the Group and conduct its own
inquiries as to the adequacy, accuracy and completeness of the information
contained herein. Readers should not construe the contents of this
Presentation as legal, tax, regulatory, financial or accounting advice and are
urged to consult with their own advisors in relation to such matters.
CURRENCY
Unless otherwise indicated all references to $ or CA$ in this release are to
Canadian dollars. A foreign exchange rate of CA$1.00 = US$0.75 has been used
over the life of mine. On February 19, 2026, the daily exchange rate recorded by
the Bank of Canada was CA$1.00 = 0.7303.
ROUNDING
Certain figures, percentages, estimates, calculations of value and fractions
provided in this Presentation are subject to the effect of rounding. Accordingly,
the actual calculation of these figures may differ from the figures set out in the
Presentation.
DISCLAIMER AND FORWARD-LOOKING STATEMENTS
This Presentation contains “forward-looking information” or “forward-looking
statements” within the meaning of applicable securities laws.
All statements, other than statements of present or historical facts, are
forward-looking statements. Forward-looking statements involve known and
unknown risks, uncertainties and assumptions and accordingly, actual results
could differ materially from those expressed or implied in such statements. You
are hence cautioned not to place undue reliance on forward-looking
statements. Forward-looking statements are typically identified by words such
as “plan”, “development”, “growth”, “continued”, “positioning.”,
“expectations”, “estimated”, “future”, “demand”, “upcoming”, “growth”,
“rising”, “blue-sky”, potential”,“strategy” or variations of such words and
phrases or statements that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be taken, occur or be achieved. Forward-looking
statements in this Presentation include, but are not limited to, statements
concerning the future demand and prices for lithium, tantalum and caesium,
the project’s supply potential, our development strategy, project economics,
financial and operational parameters such as expected throughput,
production, processing methods, cash costs, all-in sustaining costs, other
costs, capital expenditures, free cash flow, NPV, IRR, payback period and life of
mine, blue-sky potential, opportunities for growth and expected next steps in
the development of the project, including the timing of the FID and
commissioning and future work and optimization, the economic potential of the
Shaakichiuwaanaan Project, markets’ dynamics, upcoming catalysts, the
future uses of tantalum and caesium, the regulatory approval processes,
including the proposed permitting and development timeline, the opportunities
for additional conversion at CV5 and CV13, the anticipated production rate, the
potential for the Shaakichiuwaanaan Project to become a cornerstone supplier
to the battery supply chains, NPV growth, the upcoming updates, including drill
program results, and the release of further project economic studies.