FUELING TOMORROWS ENERGY ECONOMY, TODAY. Forward-Looking Statements - PowerPoint PPT Presentation

FUELING TOMORROW’S ENERGY ECONOMY, TODAY.

Forward-Looking Statements No stock exchange, securities commission or other regulatory authority has approved or disapproved the sampling; the timing, extent and success of PurLucid Treatment Solutions Inc. (“PurLucid”) deployment information contained on this presentation. This presentation contains "forward-looking information" of commercial scale water treatment and lithium extraction projects to targeted system specifications concerning MGX Minerals Inc. ’s (“MGX”) future financial or operating performance and other statements and output and Zincnyx Energy Solutions Inc. (“ZincNyx”) deployment of commercial scale zinc-air fuel that express management's expectations or estimates of future developments, circumstances or results. cell technology and modular storage system to target specifications and utility scale output; Generally, forward-looking information can be identified by the use of forward-looking terminology such opportunities for growth of mineral and brine extraction projects and the renewable energy markets at as “seeks”, "believes", "anticipates", "plans", “continues”, "budget", "scheduled", "estimates", "expects", large; the ability to adapt to changes in lithium, water and electricity prices; estimates of costs, planned "forecasts", "intends", “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words exploration, development expenditures and development, construction and operating costs of PurLucid, and phrases, or by statements that certain actions, events or results "may", "will", "could", "would", ZincNyx, and mining projects. “should” or "might" "be taken", "occur" or "be achieved". While all forward-looking statements involve MGX may decide to advance its petrolithium projects into production without first establishing mineral various risks and uncertainties, these statements are based on certain assumptions that management of resources supported by an independent technical report or completing a feasibility study. A production MGX believes are reasonable, including that it will be able to obtain financing and on reasonable terms, decision without the benefit of a technical report independently establishing mineral resources or that its current exploration and other objectives can be achieved, that its exploration and other activities reserves and any feasibility study demonstrating economic and technical viability creates increased will proceed as expected, that its community and environmental impact procedures will work as uncertainty and heightens economic and technical risks of failure. Historically, such projects have a anticipated, that general business and economic conditions will not change in a material adverse much higher risk of economic or technical failure. manner, that MGX will not experience any material accident, failure or shortage of equipment, and that all necessary government approvals for its planned exploration and potential development activities will be Although MGX has attempted to identify important factors that could cause actual results to differ obtained in a timely manner and on acceptable terms. There can be no assurance that the forward- materially, there may be other factors that cause results not to be as anticipated, estimated or intended. looking statements will prove to be accurate and actual results and future events could differ materially There can be no assurance that such statements will prove to be accurate as actual results and future from those anticipated in such statements. events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. MGX does not intend, and expressly disclaims any Important factors that could cause actual results to differ materially from the MGX’s expectations intention or obligation to, update or revise any forward-looking information or statements whether as a include, among others, include: global economic conditions; actual demand, supply and prices for lithium result of new information, future events or otherwise, except as required by law. All statements and other minerals; long-term price assumptions, as they materially affect the timing and feasibility of contained in this presentation should be read with reference to MGX’s continuance disclosure record, future projects and developments; trends in the industry; effect of currency exchange rates on which may be accessed through the MGX’s profile on SEDAR at www.sedar.com. commodity prices and operating costs; the availability and costs associated with mining inputs and labour; risks related to community relations and activities of stakeholders, and delays in obtaining Mr. Andris Kikauka, P. Geo., VP of Exploration for MGX Minerals and a Qualified Person within the governmental approvals or financing. In this presentation, forward-looking statements relate to, among meaning of National Instrument (N.I.) 43-101 guidelines, has reviewed and approved the technical other things, the timing and success of partnerships with major oil and gas operators to conduct well content of this presentation. 2 | MGX Minerals Inc.

MGX Minerals is leading the transition from fossil fuels to renewables through investments in battery commodities, extraction processes and clean technologies. 3 | MGX Minerals Inc.

The New Energy Economy Is Cleantech Wind and solar represent #1 source of new energy • capacity coming online worldwide • Electric vehicles will hold significant market share of automobile sector by 2025 • Industrial wastewater treatment expected to grow into a $29 billion market annually by 2025 • Investments and global commitments to ‘Cleantech’ are driving down costs dramatically and building the new energy economy Dilemma: Cleantech requires innovative processes and efficient storage to become a viable long-term solution 4 | MGX Minerals Inc.

The New Energy Economy Is Reliant on Lithium As electric cars become mainstream and renewable energy sources increase grid capacity, the demand for lithium- ion batteries will grow exponentially. Lithium’s characteristics make it prevalent among other forms of energy storage. 5 | MGX Minerals Inc.

Growing Demand For Lithium Is Creating A Supply-Demand Imbalance Annual Lithium Demand Estimates By Application (000’s, Mt) Lithium 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 6 | MGX Minerals Inc.

Lithium Is The Solution ... but: • Hard rock mining of lithium ore requires large capex investments and involves drawn out permitting processes 14% Solar evaporation techniques require 18-24 • month processing time and leave massive environmental footprints 4% Nearly 90% of global supply is produced by just • four major chemical companies • North America is home to only a single operation (Silver Peak, Nevada) 44% 38% Current producers unable to keep pace with • growing demand Global Lithium Production by Region / Source: USGS Mineral Commodity Summaries 7 | MGX Minerals Inc.

Fueling The New Energy Economy: Petrolithium New Approach: Concentrating lithium and other elements from • abundantly available wastewater (brine) that accompanies oil and gas (O&G) production • Advantages: Ability to utilize existing O&G infrastructure • • Cleans brine while separating valuable minerals • Allows for scalable capital deployment • Simplifies permitting process • Eliminates solar evaporation step Petrolithium offers O&G producers an opportunity to monetize brine- • old energy participates in new energy economy 8 | MGX Minerals Inc.

Leading The Petrolithium Revolution First Mover Advantage Aggressive Acquisition Partnerships In Place Proof of Concept First to recognize petrolithium Over 2 million acres of brine- Exploration agreements with Successfully extracted lithium potential and implement bearing formations acquired to major oil and gas operators to from oilfield brine using business model date throughout North America conduct well sampling proprietary process 9 | MGX Minerals Inc.

MGX’s Rapid Recovery Process MGX has developed a proprietary, low-energy • design process that is patent-pending • Specifically designed for highly-mineralized brine associated with oilfields • Process rapidly concentrates lithium and other elements in brine • Deployment of systems underway 10 | MGX Minerals Inc.