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Battery Metal Assets Battery Metal Assets In a Low-Risk - - PowerPoint PPT Presentation

BATT: TSX-V BBBMF: US Battery Metal Assets Battery Metal Assets In a Low-Risk Jurisdiction With Fast Track Potential In a Low-Risk Jurisdiction With Fast Track Potential bluebirdbatterymetals.com Forward Looking Statements This presentation


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With Fast Track Potential Battery Metal Assets In a Low-Risk Jurisdiction

BATT:TSX-V BBBMF:US

With Fast Track Potential

Battery Metal Assets In a Low-Risk Jurisdiction

bluebirdbatterymetals.com

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Forward Looking Statements

This presentation contains certain statements that may be deemed “forward-looking statements”. All statements, other than statements of historical fact, that address events or developments that BlueBird Battery Metals Inc. expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although BlueBird Battery Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploration and production successes or failures, continued availability of capital and financing, inability to obtain required shareholder or regulatory approvals, and general economic market or business

  • conditions. Forward-looking statements are based on the beliefs, estimates and opinions of BlueBird’s management on the date the statements are
  • made. Wesley Hanson, P.Geo., has approved the information contained in this presentation. Mr. Hanson is a director of the Company and is a Qualified

Person as defined by NI 43-101.

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Fast Track Potential in a Low-Risk Jurisdiction

  • Broad Exposure to Booming Battery

Industry with Li, Ni-Cu-Co and V

  • Projects with Clear Path for Advancement
  • Low-Risk, Pro-Mining Jurisdiction that

Facilitates Rapid Project Development

  • Proven Management and

Technical Team

  • Multiple Catalysts with Work Programs

Underway

  • Long-term Battery Metal Growth Trend

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The Battery-Powered Industrial Revolution

4

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BY

2025

70+ new battery megafactories

in operation First government

bans on gas/diesel vehicles

Automakers to spend

US$300B on Evs Tens of millions of EVs

expected on the roads

millions of charge stations

installed

100,000+ GWh in new energy storage capacity

expected online

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The Western Australia Jurisdiction Advantage

▪ Consistently ranked World Top 5 jurisdiction ▪ Politically stable and pro-mining ▪ Stable regulatory framework ▪ Attractive investment environment ▪ Highly prospective mineralogy ▪ Excellent infrastructure including road, rail, ports ▪ High quality end product for battery metals ▪ Skilled and experienced workforce Global battery metal production is dangerously reliant on unstable, high-risk jurisdictions

PILBARA MINERALS Discovery to Production

4 years

ALTURA MINING Discovery to Production

3.6 years

MINERAL RESOURCES Discovery to Production

4 years

ALLIANCE MINERALS Mine to Production

4 years

End users are actively seeking stable, reliable and conflict-free sources

  • f production

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WA projects can move rapidly into production

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Project Portfolio

Perth

Ashburton Project Western Australia

A U S T R A L I A

Canegrass Project Western Australia

Mn

Geraldton

✓ Located in established mining districts known for high-value deposits ✓ Excellent infrastructure ✓ Fast-track exploration potential with low-hanging fruit

Co

Southern Lithium Project Western Australia

Li V Ni Cu Co

664 km2 PORTFOLIO

in the prolifically-endowed Eastern Goldfields Region of WA

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Western Australia’s Lithium District

From Tin-Tantalum to Lithium. Lithium first recognized in WA on a significant at the Greenbushes Mine (formerly focused on tin-tantalum). Exploration in WA expanded from former tin-tantalum operations to Archaean greenstone belts — traditionally the domain of nickel and gold explorers — and successfully identified pegmatite- hosted lithium mineralisation. Project Company Mineral Resource (Mt) Grade (Li2O%) Greenbushes Mine Albermarle/Tanqui 157 2.25 Earl Grey Deposit Kidman/SQM 189 1.5 Wodgina Mine Mineral Resources 259 1.17 Pilgangoora Mine Pilbara Minerals 226 1.27 Mt Marion Mine Nometals/Gangfeng 71.3 1.09 Pilgangoora Mine Altura Mining 50.5 1.01 Bald Hill Mine Alliance Mineral Assets 18.9 1.18 Mt Cattlin Mine Galaxy Resources 16.7 1.28 Mt Kathleen Liontown Resources 21.2 1.4 Total 988.4 1.42

Within just ten years, Western Australia has evolved from

  • ne lithium mine to seven lithium mining operations

988.4Mt of Li2 of Lithium Resources Discovered in WA in Last Ten Years

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Southern Lithium

(Exclusive Option to Acquire)

  • Multiple targets defined by drilling
  • Cumulative >26km strike length of defined

pegmatites, mapped at surface and drill- tested up to 550m

  • Strategically located within Southern Yilgarn

Lithium Province

  • Nearby highway access to 3 bulk material

export ports, 2 proposed lithium conversion plants and a third plant under construction

  • Aggressive exploration program planned to

commence imminently

Li

A U S T R A L I A

Southern Lithium Project Western Australia

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SOUTHERN LITHIUM PROJECT

Southern Lithium (Exclusive Option to Acquire)

Pegmatite geology in the region is proven to host large-scale lithium mineralization

Li

The Region hosts:

4

LITHIUM MINES

3

ADVANCED PROJECTS

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Hard Rock vs Brines

Environmental Advantage Hard Rock pegmatite

  • perations

have much smaller environmental footprint than the extensive tracts of land

  • ccupied by brine evaporation ponds

Consistency of Supply Advantage Unlike brine operations, weather has little-to-no impact on pegmatite hosted lithium production, ensuring consistency and surety of supply (a key consideration of end users) Direct Shipping Ore Advantage Pegmatite-hosted lithium has the potential to be direct shipping ores (DSO)

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SOUTHERN LITHIUM PROJECT

Lake Johnson Project

Major Pegmatite Targets

  • 336km2 tenure, host to multiple pegmatite fields

with occurrences of lithium

  • Large-scale targets with pegmatites defined at Taylors

Rocks Prospects (E63/1840) across a strike length of 7.85km with cumulative pegmatite intercepts up to 39m

Strategic and Prospective Location

Adjacent to the east of the Southern Cross Greenstone Belt, host to the Earl Grey Lithium Deposit, 189Mt at 1.5%Li2O Multiple significant gold and nickel results from drilling across Lake Johnson including:

  • Taylors Rocks Prospect:
  • 3m at 9.84 g/t Au
  • 37m at 0.48% Ni
  • Mt Gordon Prospect
  • 5m at 7.15g/t Au

Lake Johnson Taylor Rock

  • Mt. Gordon

Bondi Cat Camp Maggy Hays South

Li

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Pegmatite Targets

1,200m wide pegmatite unit open in all directions has been defined by prior drilling (for gold) within 18m

  • f surface.

Drilling ends in pegmatite unit and true thickness of the pegmatite unit has not yet been defined. Maximum interval intersected in drilling of 13m.

Strategic and Prospective Location

Greenstone trend extends along a cumulative strike length of 41km within the tenure

SOUTHERN LITHIUM PROJECT

Holleton Project (Li-Ta Rights)

Li

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SOUTHERN LITHIUM PROJECT

Lake King Project

Pegmatite Targets

  • Extensive drilling (for nickel) has been completed

across a strike length of >10km intercepted pegmatites up to 30m thick

  • Pegmatites mapped at surface and up to 550m

below surface

Strategic and Prospective Location

Located on trend to both Earl Grey (189Mt at 1.5%Li2O) and Mt Cattlin (16.7Mt at 1.28% Li2O), located 115km directly north and 63km south-south-east respectively.

Lake King

Li

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SOUTHERN LITHIUM PROJECT

Exploration

3D Modelling of Pegmatites Surface Mapping/Geochemical Sampling Detailed Geophysical Surveys Drill Targeting & Permitting Q2 2019 Q3 2019 Q4 2019 Initial Scout Drilling Infill and Extensional Drilling Metallurgical Test Work Regional Ground Consolidation

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Li

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Canegrass Project

High Grade Ni-Cu-Co-V2O5s

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Cu Co V Ni

2018 Drilling Success

  • Multiple, high-grade, near-surface hits
  • Successful holes in line with survey anomalies

Low-hanging Fruit

  • Opportunity to expand known mineralization

along strike and at depth

  • More survey anomalies to be drill tested
  • At surface, high-grade vanadium (in excess of

1% V2O5 ) over 4km strike length (2007 sampling)

A U S T R A L I A

Canegrass Tenement

Canegrass Project Western Australia

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CANGRESS PROJECT

2018 Drilling Highlights:

High-Grade Mineralization Near Surface

BBRC001 – 72-78m

6.0 m averaging 1.40% Ni, 0.96% Cu, 0.06% Co, 0.94% V2O5, 0.48 g/t Pt and 0.60 g/t Pd

BBDD002 – 250.80 -255.70m

4.90 m averaging 1.33% Ni, 1.26% Cu, 0.10% Co

BBDD002 – 250.80 -255.70m

4.90 m averaging 1.33% Ni, 1.26% Cu, 0.10% Co Cu Co V Ni

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Ashburton Project

Mn

A U S T R A L I A

Ashburton Project Western Australia

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Co

  • 189,000 ha Property with 30km strike along

the prospective Talga Fault Zone.

  • High-grade cobalt encountered (by sampling)

in multiple locations with up to 0.421% (4,214ppm) Co

  • Strong correlation with manganese. The

cobalt mineralization at Ashburton displays correlation with manganese enrichment, with grades up to 27.8%.

  • Further results to Come with phase two

sampling underway to evaluate additional regional prospects.

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Ashburton Project:

Multiple Exploration Hot Spots

Mn Co

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Management

George Karageorge President Mr Karageorge is a geologist and lithium production expert with 20 years’ experience in the mining sector. He has worked in senior technical and management roles for exploration and mining companies across the globe, including Western Mining Corporation, ASARCO, Anglo Gold Ashanti, Barrick Mines and Pilbara Minerals. Mr. Karageorge is best known for his role as the founding geologist and registered mine manager of lithium producer, Pilbara Minerals Limited (ASX: PLS). He was instrumental in the discovery of the Pilgangoora Lithium and Tantalum Deposit and played a key role in taking the company into production and growing it into a A$1.5B market cap mining company in less than four years. Nav Dhaliwal CEO

  • Mr. Dhaliwal is an experienced executive, leader and team builder. He was

the founder and CEO of Bonterra Resources and has a track record of success in the mining sector. Mr. Dhaliwal is particularly adept at nurturing early stage companies through their critical phases of evolution. He also brings valuable business relationships with international analysts, brokers and investment bankers throughout Canada, the United States and Asia. Joseph Meagher Chief Financial Officer & Corporate Secretary

  • Mr. Meagher became a Chartered Professional Accountant (CPA, CA) in

2008, and obtained the Chartered Director (C.Dir.) designation from The Directors College (a joint venture between McMaster University and The Conference Board of Canada) in 2017. Leigh Hughes Director

  • Mr. Hughes has been CEO and a director of COMVERJ Pty Ltd, a boutique

Integrated Marketing Communications and Innovations firm, since January 2003. Mr. Hughes is currently a corporate advisor to multiple listed companies on the ASX, CSE and Exchange and also acts as director and executive officer for several listed companies. Nathan Tribble Director

  • Mr. Tribble, P.Geo. (ON) has over 13 years of professional experience in

exploration and mining, with a particular focus on gold and base metal exploration and project evaluation. Past experience includes Senior Principal Geologist for Sprott Mining, Senior Geologist for Bonterra Resources, Jerritt Canyon Gold, Kerr Mines, Northern Gold, Lake Shore Gold and Vale Inco. Mr. Tribble is registered as a Professional Geoscientist in Ontario and holds a Bachelor of Science degree in Geology from Laurentian University. Jeremy Ross Director Jeremy Ross has over 20 years of experience in venture capital and marketing for small cap to mid-tier mining, cannabis, and technology

  • companies. He was a Director of Fission Uranium Corp TSX from 2013 to

2017, as well as the Corporate Development Consultant for Fission Energy when it was named a Top 50 TSX-V company for its performance. Mr. Ross was the head of corporate development for Able Auctions and Smart Tire systems, both of which graduated from the OTC to the Amex stock exchange (NYSE). Mr. Ross currently holds multiple board positions with TSX, TSX.V & CSE listed companies.

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Share Capital

(as at April 01, 2019)

Share Price C​$.30 Shares Outstanding 49.78M Warrants 10.9 M Options 4.5 M Fully Diluted 63.2 M Mkt Cap. (Basic) ~C$18M

BATT TSX-V

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BBBMF US

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BATT:TSX-V BBBMF:US

1680 – 200 Burrard Street Vancouver, BC V6C 3L6 +1 604 678 5308 +1 855 678 5308 www.bluebirdbatterymetals.com info@bluebirdbatterymetals.com

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Battery Growth Drivers

EV adoption headed towards unstoppable upwards trend

Government action is underway

  • 9 Countries and multiple states, provinces,

cities planning bans on gas/diesel vehicles from 2025

  • China and nine US states have introduced

minimum EV sales mandates

Auto industry is spending

  • US$300B committed to EV dev and production

by 2025 (incl. $87B for battery procurement)2

  • 39 automakers have EVs available or in

development, including sedans and pick-ups

Charge station numbers growing

  • 630,000+ charge stations in place; commitments

to roll out multi-million location networks by 20301

  • Major oil companies are investing in and

acquiring EV charge station companies

Ev adoption is accelerating

  • 5.4M EVs in use by end of 20181. Major sales growth

year-on-year. 2.1M EVs sold in 2018

  • Analysts forecasting from 20M3 (Morgan Stanley) to

120M4 (IEA) EVs on the road by 2030

1 Bloomberg NEF 2 Media 3Public announcements 4International Energy Association
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The Energy Storage Battery Boom

By 2040, analysts1 estimate global energy storage will:

  • Grow to a cumulative

942GW/2,857GWh by 2040

  • Attracting US$620 billion in

investment

  • Reach the equivalent of 7% of

total installed power capacity globally

1Bloomberg NEF 2International Energy Agency

Lithium-ion batteries accounted for nearly 90% of utility-scale batteries commissioned in 20172 Lithium-Ion Chemistry remains the Leader

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Battery Metal Production Must Grow… Fast

1Benchmark Minerals January, 2019

Battery capacity in the pipeline for 2019- 2028 has risen from 289GWh to 1,549GWh (1.54TWh), and requires major battery metal increases1 Megafactory Construction Boom1 Battery Metal Increase by 20281 At Full Capacity These will Require1

Battery Megafactories in Construction Worldwide Q1, 2015 3 Q4, 2018 17 Q1, 2019 72 Battery Metal Growth Required (over 2017 production) Lithium +865% Cobalt +408% Nickel (class 1) +1,810% Copper +840% Material 2017 2023 2028 Lithium 162,752 961,351 1,570,020 Graphite Anode 194,160 1,080,360 1,747,800 Cobalt 54,354 219,679 276,401 Nickel 48,584 494,774 928,018 Total GWh 161.8 900.3 1,456.5

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Battery Metal Jurisdiction Risks

Cobalt:

65% of global supply from DRC

  • Resurgence of conflict in the eastern DRC
  • Institutionalized corruption
  • Volatile inflation
  • Child labor
  • Questionable supply chain/product provenance

Nickel:

33% of global supply from Indonesia & Philippines

  • Graft/corruption and limited
  • wnership
  • Import/export restrictions

Lithium:

42% of global supply from Chile & Argentina

  • Project are typically high CAPEX
  • Final product is typically low quality
  • Economic, labor reforms expected
  • Constitutional reform under discussion
  • Argentina austerity measures in place

Copper:

30% of global supply from Chile, Peru & DRC

  • Old, depleting mines
  • Geopolitical risk and worsening

international trade relations

Vanadium:

40% of global supply from Russia,

  • S. Africa & Brazil
  • Niche, small and opaque market
  • Few pureplay producers

V Cu Ni Co Li