Forward-Looking Statements No stock exchange, securities commission or other regulatory authority has approved or disapproved the success of PurLucid Treatment Solutions Inc. (“PurLucid”) deployment of commercial scale water information contained on this presentation. This presentation contains "forward-looking information" treatment and lithium extraction projects to targeted system specifications and output and MGX concerning MGX Minerals Inc. ’s (“MGX”) future financial or operating performance and other statements Renewables Inc. (“MGXR”) deployment of commercial scale zinc-air fuel cell technology and modular that express management's expectations or estimates of future developments, circumstances or results. storage system to target specifications and utility scale output; opportunities for growth of mineral and Generally, forward-looking information can be identified by the use of forward-looking terminology such brine extraction projects and the renewable energy markets at large; the ability to adapt to changes in as “seeks”, "believes", "anticipates", "plans", “continues”, "budget", "scheduled", "estimates", "expects", lithium, water and electricity prices; estimates of costs, planned exploration, development expenditures "forecasts", "intends", “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and development, construction and operating costs of PurLucid, MGXR, and mining projects. and phrases, or by statements that certain actions, events or results "may", "will", "could", "would", “should” MGX may decide to advance its petrolithium projects into production without first establishing mineral or "might" "be taken", "occur" or "be achieved". While all forward-looking statements involve various risks resources supported by an independent technical report or completing a feasibility study. A production and uncertainties, these statements are based on certain assumptions that management of MGX believes decision without the benefit of a technical report independently establishing mineral resources or reserves are reasonable, including that it will be able to obtain financing and on reasonable terms, that its current and any feasibility study demonstrating economic and technical viability creates increased uncertainty and exploration and other objectives can be achieved, that its exploration and other activities will proceed as heightens economic and technical risks of failure. Historically, such projects have a much higher risk of expected, that its community and environmental impact procedures will work as anticipated, that general economic or technical failure. business and economic conditions will not change in a material adverse manner, that MGX will not experience any material accident, failure or shortage of equipment, and that all necessary government Although MGX has attempted to identify important factors that could cause actual results to differ approvals for its planned exploration and potential development activities will be obtained in a timely materially, there may be other factors that cause results not to be as anticipated, estimated or intended. manner and on acceptable terms. There can be no assurance that the forward-looking statements will There can be no assurance that such statements will prove to be accurate as actual results and future prove to be accurate and actual results and future events could differ materially from those anticipated in events could differ materially from those anticipated in such statements. Accordingly, readers should not such statements. place undue reliance on forward-looking statements. MGX does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information or statements whether as a Important factors that could cause actual results to differ materially from the MGX’s expectations include, result of new information, future events or otherwise, except as required by law. All statements contained among others, include: global economic conditions; actual demand, supply and prices for lithium and other in this presentation should be read with reference to MGX’s continuance disclosure record, which may be minerals; long-term price assumptions, as they materially affect the timing and feasibility of future projects accessed through the MGX’s profile on SEDAR at www.sedar.com. and developments; trends in the industry; effect of currency exchange rates on commodity prices and operating costs; the availability and costs associated with mining inputs and labour; risks related to Mr Mr. Andr ndris is Ki Kikauka, a, P. P. Geo. Geo., VP P of of Exp xplor loratio ion n for or MGX MGX Mi Minera nerals ls and and a a Qual Qualifie ified d Pe Person son wi within in the he me meanin aning community relations and activities of stakeholders, and delays in obtaining governmental approvals or of of Nat Nationa nal l Ins nstrum ument nt (N. N.I.) 43-101 gui guide deli lines, s, has has rev eviewed d and and ap approv oved ed the he tec echn hnic ical l cont ontent nt of of thi his s financing. In this presentation, forward-looking statements relate to, among other things, the timing and present sentatio ion. n. success of partnerships with major oil and gas operators to conduct well sampling; the timing, extent and
MGX Minerals is leading the transition from fossil fuels to renewables through investments in battery commodities, extraction processes and clean technologies .
Recent Highlights MGX and Eureka Resources Enter JV Agreement to Install World’s First Commercial Rapid Petrolithium Recovery System June 2019 MGX Announces Installation of Second Oilsands Wastewater Treatment System May 2019 MGX Announces Breakthrough in Development of High-Energy Lithium-Ion Batteries April 2019 MGX Provides Revenue Projections for Initial Contracted Wastewater Treatment Systems March 2019 MGX Announces Oilsands Lithium Extraction and Wastewater Treatment System Deployments February 2019 MGX Announces Successful Commissioning of Alberta Oilsands Wastewater Treatment System January 2019 4
Our Divisions Was astewater Pur urifica cation Min ineral Extra xtraction Our technologies concentrate valuable Our technology purifies produced waters, elements and metals from abundantly allowing for the recycling or controlled available brines. release of it. Energ nergy y Sto Storage Co Conve nventional Min inin ing We are developing novel energy storage We are developing a traditional open-pit solutions that will help shape the new mine that will provide North America energy economy. with a strategic supply of magnesium. 5
Mineral Extraction
Petrolithium: Old Energy Participates In The New Energy Economy • Petrolithium is a new approach that focuses on concentrating lithium and other elements from abundantly available wastewater ~80 Million (brine) that accompanies oil and gas production North American oil and gas industry generates more than 80 million barrels of brine daily MGX’s rapid lithium extraction systems unlock vast unconventional • sources of lithium This new technology could dramatically alter the energy landscape • in the coming decades. • Ad Adva vantages: 650% • Ability to utilize existing O&G infrastructure • Allows for scalable capital deployment Anticipated increase in overall lithium demand between now and 2027 • Simplifies permitting process • Eliminates solar evaporation step 7
Extracting Lithium from Wastewater Brines MGX has developed a proprietary, low-energy design process • that is patent pending • Technology rapidly extracts lithium and other valuable elements from wastewater brines Eliminates the physical footprint and investment in large, multi- • phase, lake sized, lined evaporation ponds • Enhances the quality of extraction and recovery across a complex range of brines as compared with traditional solar evaporation • Technology is applicable to petrolithium (oil and gas wastewater), natural brine and other brine sources such as lithium-rich mine and industrial plant wastewater 8
Building A Global Portfolio of Lithium Assets MGX is amassing a global portfolio of lithium assets that serve as the foundation upon which its new technologies are developed • and deployed. • To date the Company has acquired interests in lithium assets totaling over 2.1 million acres across North and South America through direct acquisitions and strategic joint ventures. The Company continues to actively explore for new opportunities globally that align with our core business model and enhance • shareholder value. 9
Growing Lithium Demand Is Creating A Supply Shortage Annual Lithium Demand Estimates By Application (000’s, Mt) Lithi ithium Supply/Demand Estimates (000’s, Mt) 600 600 500 500 400 400 300 300 200 200 100 100 0 0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2017 2018 2019 2020 2021 2022 2023 2024 2025 Conventional Consumer Electronics New Applications Electric Cars Supply Demand Sources: Deutsche Bank, Industry Data Sources: Credit Suisse 2014, Goldman Sachs 2015 10
Recommend
More recommend
