EMERGING HIGH-GRADE MANGANESE OPPORTUNITY INVESTOR PRESENTATION - PowerPoint PPT Presentation

EMERGING HIGH-GRADE MANGANESE OPPORTUNITY INVESTOR PRESENTATION – MAY 2018 1

F O R W A R D L O O K I N G - S T A T E M E N T S This presentation contains forward-looking statements and factual information that are current as of the date the presentation was originally delivered. When used in this presentation, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “believe”, “contemplate”, “intend”, “budget” “plan” and other similar expressions are intended to identify forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of Giyani Metals Corp. (the “Company”) to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties; future prices of commodities; fluctuations in currency markets; operating or technical difficulties in relation to the speculative nature of exploration and development; accidents, employee relations (including labour disputes) and other risks of the gold industry; ability to obtain financing; changes in costs and estimates associated with the Company’s projects; legislative, political or economic developments in the jurisdictions in which the Company carries on business; requirements for additional capital; and regulatory restrictions including delays in obtaining governmental approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or expected. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise except as required by applicable law. 2

A U N I Q U E O P P O R T U N I T Y • G I YA N I ’ S C O R P O R A T E O B J E C T I V E I S T O B E C O M E T H E W O R L D ’ S L E A D I N G S U P P L I E R O F L O W - C O S T H I G H - G R A D E F E E D S T O C K M A N G A N E S E F O R T H E B A T T E R Y I N D U S T R Y • T H E C O M PA N Y I S C U R R E N T LY E X P L O R I N G I T S L A R G E L A N D PA C K A G E O F 8 , 1 3 5 S Q U A R E K I L O M E T E R S W H I C H I S L O C A T E D I N T H E K A N Y E B A S I N , S O U T H E A S T E R N B O T S W A N A , A F R I C A . T H E P R O P E R T Y I N C L U D E S S E V E R A L PA S T P R O D U C I N G M A N G A N E S E M I N E S • G I YA N I I S N O W I N T H E O P E R A T I O N A L P H A S E F O R T H I S Y E A R W I T H A G E O P H Y S I C A L A N D D R I L L I N G P R O G R A M U N D E R WA Y I N Q 1 / Q 2 2 0 1 8 • A S S A Y R E S U LT S F R O M T H E F I R S T 2 3 0 S U R FA C E S A M P L E S R E P O R T E D H I G H - G R A D E M A N G A N E S E O X I D E ( M N O ) U P T O 7 3 . 4 % A T T H E K . H I L L P R O S P E C T A N D U P T O 6 7 . 4 % A T T H E O T S E P R O S P E C T • N E A R S U R FA C E D E P O S I T I O N M A K E S I T E A S Y A N D L O W - C O S T T O O P E N P I T M I N E A T T H E K . H I L L A N D O T S E P R O S P E C T S • L O W L E V E L S O F I M P U R I T I E S A L L O W F O R C O S T E F F E C T I V E A N D S I M P L E B E N E FA C T I O N P R O C E S S T O B A T T E R Y G R A D E M A N G A N E S E C O R P O R A T E A D V I S O R P O L I T I C A L A D V I S O R 3

T H E P R O P E R T Y • 8 8 - 1 0 0 % I N T E R E S T I N A N E X T E N S I V E L A N D PA C K A G E C O V E R I N G 8 , 1 3 5 S Q U A R E K I L O M E T E R S I N S O U T H E A S T E R N B O T S W A N A • S E V E R A L H I G H - G R A D E M A N G A N E S E O C C U R R E N C E S W H I C H P R O V I D E S G I YA N I W I T H A P I P E L I N E O F M U LT I P L E P R O J E C T S T O C O L L E C T I V E LY F O R M A L A R G E S C A L E R E S O U R C E • C L O S E P R O X I M I T Y T O T H E T O W N S O F K A N Y E , O T S E , A N D L O B A T S E W I T H A C C E S S T O G O O D I N F R A S T R U C T U R E , R A I L A N D R O A D S Y S T E M S , W A T E R A N D E L E C T R I C I T Y • O P T I O N S T O S H I P O U T O F 5 S E A P O R T S A C C E S S I B L E V I A R A I L N E T W O R K S A N D S T R A T E G I C A L LY L O C A T E D F O R C O S T E F F E C T I V E S H I P P I N G T O C H I N A A N D I N D I A • B O T S W A N A I S O N E O F T H E M O S T A T T R A C T I V E A F R I C A N J U R I S D I C T I O N S S U P P O R T I N G M I N I N G O P E R A T I O N S W I T H FA V O R A B L E TA X R E G U L A T I O N S A N D E F F I C I E N T G O V E R N M E N T P R O C E S S E S KANYE PROJECT MANGANESE PROSPECT 4

I N G O O D C O M PA N Y W I T H I N T H E K A L A H A R I B A S I N ESTIMATED PRODUCTION AND GRADE LEVELS OF SOUTH AFRICAN KALAHARI MANGANESE MINES 2.5 million tonnes P/A 40% Manganese 2.3 million tonnes P/A 37% Manganese 2.9 million tonnes P/A 37-55% Manganese 3.8 million tonnes P/A 37-44% Manganese 1.8 million tonnes P/A 33-44% Manganese 2 million tonnes P/A 35-45% Manganese Private company (unknown production or grade) Source: Public companies annual reports and third party research. 5

W H Y M A N G A N E S E M N O R E S U P P L Y C O N T I N U E D C O N T R A C T I N G F O R A S E C O N D C O N S E C U T I V E Y E A R , B Y - 7 % T O 4 4 . 8 M I L L I O N W E T M T , A S M A N Y M I N E S C L O S E D I N 2 0 1 5 R E M A I N E D I D L E D I N 2 0 1 6 . D E M A N D I N C R E A S E D B Y 2 % I N 2 0 1 6 T O 4 7 M I L L I O N W E T M T , O N R I S I N G M N A L L O Y S P R O D U C T I O N , E S P E C I A L L Y I N C H I N A . F O R T H E F I R S T T I M E S I N C E 2 0 1 2 , G L O B A L M N O R E D E M A N D W A S L A R G E R C O R P O R A T E A D V I S O R T E C H N I C A L A D V I S O R P O L I T I C A L A D V I S O R T H A N S U P P L Y I N 2 0 1 6 , A S S T O C K S O F O R E A C C U M U L A T E D A L O N G T H E S U P P L Y C H A I N H A V E B E E N C O N S U M E D . 6

M A N G A N E S E I N B AT T E R I E S • M A N G A N E S E I S U S E D T O M A K E C A T H O D E S F O R L I T H I U M I O N B A T T E R I E S • T E S L A ’ S G I G A F A C T O R Y I N N E V A D A I S S C H E D U L E D T O H A V E C A P A C I T Y F O R U P T O 3 5 G I G A W A T T - H O U R S B A T T E R Y P R O D U C T I O N A N N U A L L Y B Y 2 0 1 8 • E L O N M U S K S A Y S T H A T T E S L A W I L L A N N O U N C E 4 N E W G I G A F A C T O R I E S I N 2 0 1 8 • A R E C E N T S T U D Y B Y B L O O M B E R G I N T E L L I G E N C E R E P O R T S T H A T C H I N E S E C O M P A N I E S A R E A T W O R K O N P L A N S T O P R O D U C E M O R E T H A N 1 2 0 G I G A W A T T - H O U R S O F B A T T E R I E S A Y E A R B Y 2 0 2 1 • T H E G L O B A L L I T H I U M - I O N B A T T E R Y M A R K E T S I Z E I S E X P E C T E D R E A C H U S $ 4 6 . 2 1 B I L L I O N B Y 2 0 2 2 , W I T H A C A G R O F 1 0 . 8 % F R O M 2 0 1 6 T O 2 0 2 2 ( A L L I E D M A R K E T R E S E A R C H ) • M A N G A N E S E I S R E Q U I R E D I N T W O O F T H E M O S T P R O M I N E N T B A T T E R Y C A T H O D E C H E M I S T R I E S , N I C K E L - M A N G A N E S E - C O B A L T ( N M C ) A N D L I T H I U M - M A N G A N E S E - O X I D E ( L M O ) • M A N G A N E S E B A S E D B A T T E R Y C A T H O D E C H E M I S T R Y I S T H E S T R O N G E S T V I A B L E A L T E R N A T I V E T O C O B A L T B A S E D C A T H O D E C H E M I S T R Y I N C A S E O F C O B A L T S U P P L Y D I S R U P T I O N O R S H O R T A G E C O R P O R A T E A D V I S O R T E C H N I C A L A D V I S O R P O L I T I C A L A D V I S O R • G L O B A L S H O R T A G E O F H I G H G R A D E M A N G A N E S E P R O J E C T S T H A T C A N P R O V I D E F E E D S T O C K T O T H E B A T T E R Y I N D U S T R Y A T C O M P E T I T I V E P R I C I N G 7

R I S I N G D E M A N D F O R 
 M A N G A N E S E B Y B AT T E R Y M A K E R S • UMICORE, ONE OF THE LARGEST BATTERY CATHODE SUPPLIERS, ANNOUNCED AN INVESTMENT PROGRAM OF € 300 MILLION BETWEEN 2017 AND 2019 TO INCREASE ITS PRODUCTION OF NMC (NICKEL-MANGANESE-COBALT) CATHODE MATERIALS FOR LITHIUM-ION RECHARGEABLE BATTERIES. • N M C I S O N E O F T W O M A I N C A T H O D E M A T E R I A L T E C H N O L O G I E S F O R RECHARGEABLE BATTERIES USED IN VEHICLE ELECTRIFICATION. THE OTHER ONE IS LMO (LITHIUM MANGANESE OXIDE) • G L O B A L D E M A N D F O R M A N G A N E S E B A S E D B A T T E R Y C A T H O D E S I S INCREASING FAST AND IS OUTPACING THE MARKET BY A SIGNIFICANT MARGIN • BLOOMBERG PREDICTS THAT DEMAND IS GOING TO DRIVE THE PRODUCTION OF MANGANESE TO INCREASE BY 100-FOLD 8