POWERING THE VANADIUM REVOLUTION Corporate Presentation December - - PowerPoint PPT Presentation
POWERING THE VANADIUM REVOLUTION Corporate Presentation December - - PowerPoint PPT Presentation
POWERING THE VANADIUM REVOLUTION Corporate Presentation December 2018 TSX-V: GLV FORWARD LOOKING STATEMENTS This Presentation includes, and is based on, forward- looking information and statements including Forward - Looking
This Presentation includes, and is based on, forward-looking information and statements including “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act. These Forward-Looking Statements include references to or assumptions regarding future prices
- r demand for vanadium, accuracy of mineral or resource exploration activity, the existence of reserves or resources, regulatory or government
requirements or approvals, access to third party information and continued access to mineral properties or infrastructure. The words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “fast”, “forecast”, “may”, “schedule”, “strategy” and similar words or expressions identify forward-looking information and statements. Forward looking statements are subject to risks and uncertainties that could cause actual results and outcomes to differ. These risks and uncertainties include, but are not limited to, economic conditions globally, the impact of competition, political and economic developments in the countries in which the Company operates, fluctuations in the margins for the Company’s product, economic and market conditions in the geographic areas and industries that are or could be major markets for the Company’s business, vanadium and uranium prices and market fluctuations, changes in governmental regulations, interest rates, accuracy of mineral or resource exploration activity, the possibility regulatory or government requirements or approvals will not be obtained, access to third party information, access to mineral properties or infrastructure, currency risks including the exchange rate
- f the USD$ for the CDN$, changes in exploration costs and government royalties or taxes in Canada or USA, disputes with indigenous peoples or other
stakeholders and such other factors as may be discussed from time to time. Although the Company believes that its expectations and the information in this Presentation are based upon reasonable assumptions at the time when they are made, it can give no assurance that those expectations will be achieved or that the actual outcomes or results will be as set out in this Presentation. The Company is not making any representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the information in the Presentation, and neither the Company nor any of its directors, officers or employees will have any liability to the reader or any other persons resulting from the reader's use of the information in the Presentation. The Company undertakes no obligation to publicly update or revise any forward-looking information or statements in the Presentation. The reader should consult any further disclosure the Company may make in documents it files with applicable securities regulators. This Presentation is intended for educational and informational purposes only and does not replace independent professional judgment. Statements of fact and opinions expressed are those of the participants individually. The information is not designed to provide financial, tax planning, accounting, investment, business or legal advice in any way whatsoever. The reader should consult with a lawyer, accountant and other professionals in respect of the contents
- hereof. Furthermore, the information in no way should be construed or interpreted as, or as a part of, an offering of, or a solicitation for the purchase of,
- securities. Investors are advised to discuss any trading with a registered securities broker or personal finance professional prior to investing.
The technical information contained in this presentation has been reviewed and approved by Adrian Smith, B.Sc., P.Geo., a Qualified Person as that term is defined in National Instrument 43-101.
FORWARD LOOKING STATEMENTS
TSX-V: GLV
OUR VISION AND STRATEGY
Identify Market
Vanadium undergoing industrial revolution
Multi-year growth forecast for Vanadium and Uranium
TSX-V: GLV
Identify Value
Acquired past producing Vanadium assets
Significant scalability and abundant high-grade sedimentary hosted vanadium
Building strong team to execute strategy
Path to production with simple metallurgy, no new technology required
Execution
- 2,004 Acre premium land package in well
known Vanadium district
- Wide-spread historic Vanadium and
Uranium production
- Underground workings were up to 28.2%
V205 (Vanadium Pentoxide)
- 2.8km long trend of high grade Vanadium
mineralization outcropping on the property
- Historically developed for Uranium-
Vanadium however significant occurrences
- f Vanadium exist with little to no Uranium
- Multiple ore types present on property,
- Vanadium-rich sandstones
- Vanadium-rich shale
- Vanadium-rich mudstone
- Vanadium > Uranium Mineralization
- Completed 43-101 Technical Report
VANADIUM IN UTAH
TSX-V: GLV
DESERT EAGLE PROJECT
- Intensively mined for Vanadium and
Uranium since 1909
- Morrison formation (present on
property) is the principle domestic source for Vanadium for the USA
- Significant occurrences of high -
grade Vanadium exist with low Uranium content
- Mining friendly state
Desert Eagle Project
UTAH
UTAH
ABUNDANT VANADIUM ACROSS PROPERTY
Vanadium in grey sandstone: 1.33% V2O5 Vanadium – Uranium Sandstone: 3.06% V2O5 Vanadium in carbonaceous sandstone: 6.12% V2O5 Vanadium dark carbonaceous mudstone: 0.78% V2O5 Vanadium in shale: 0.32% V2O5
TSX-V: GLV
DESERT EAGLE PROJECT
2018 Global Vanadium field work and results
EXPANDING ON PAST PRODUCTION
3 8
TSX-V: GLV
Vanadium hosted in flat lying sediment – open and easy to follow DESERT EAGLE PROJECT Up to 4.28% V2O5 Up to 28.2% V2O5
1 Kilometre
Small scale historic production DID NOT MINE OUT Vanadium mineralization in this district
EXPANDING ON PAST PRODUCTION
12
- Extensive past production - significant expansion potential
- Previous operators focused on Uranium, where significant potential to
develop based on high grade primary Vanadium
- High grades of Vanadium present across project area
- Many undeveloped areas where vanadium is present on surface
TSX-V: GLV
DESERT EAGLE PROJECT Up to 11.03% V2O5
1 Kilometre
VANADIUM-REDOX-FLOW (VRB) BATTERIES
TSX-V: GLV
DISCHARGES 100% OF THE STORED ENERGY AND DOES NOT DEGRADE FOR MORE THAN 20 YEARS ONE THIRD THE COST OF LITHIUM ENERGY STORAGE BATTERIES CAN RAPIDLY RELEASE LARGE AMOUNTS OF ELECTRICITY MUCH SAFER WHILE PROVIDING BETTER SCALABILITY
How do Vanadium batteries stack up?
VRB (or V-flow) batteries outcompete Li-ion and any
- ther solid batteries, for utility-scale applications
- They’re safer (no overheating issues)
- Better scalability (increasing size increases
load capacity)
- Longer-lasting (possibly limitless)
- Cheaper - less than half the cost per kWh
(pays off in the long run)
Source: Metal Bulletin (Price range to-date) Nov 2018
VANADIUM IN THE STEEL INDUSTRY
TSX-V: GLV
- Vanadium is a STRATEGIC mineral
- Critical to steel industry
- 90% of Vanadium produced is used in steel production
- Growing market share being taken by storage battery technology
- Vanadium provides steel high temperature strength and lowers weight in
- Rebar, Pipelines, Jet engines
- Car frames (safer, lighter, more fuel efficient)
- Makes one of the strongest alloys on earth
- Main producers of Vanadium
- China, South Africa, Russia
- USA not producing, but has major reserves in UTAH
- Supply and Demand pressures pushed Vanadium prices up over 5 fold in the last
2.5 years
- Supply Pressure: Mine shutdowns in China and South Africa; ban on scrap
- Demand Pressures: Synched healthy global economics will see steady
demand for steel and consequently vanadium; Chinese and US gov’t policy changes – rebar strengthening, fuel efficiencies in auto sector, protectionism
STRENGTHENS STEEL CREATING SAFER BUILDINGS REDUCES WEIGHT RESULTING IN MORE FUEL EFFICIENT CARS
Source: Metal Bulletin (Price range to-date) Nov 2018 TSX-V: GLV
VANADIUM MARKET DATA
SUPPLY AND DEMAND PRESSURES ARE CREATING A PERFECT STORM
- Tightening global inventories, mining shutting down due to tightening environmental policies (China)
- Reduced number of suppliers and increased demand from development of green technologies and
increased safety concerns building higher towers and creating safer more fuel efficient lighter stronger cars
- Demand exceeding supply projected to continue through 2020, positive long term trends
- New primary mined vanadium capacity will need to come on line, USA will become major producer by
reactivating closed operations
STRUCTURE TSX.V – SYMBOL: GLV.H SHARE PRICE (November 2018) $0.25 SHARES OUTSTANDING: 17,656,880 WARRANTS @ $0.12: 5,300,000 OPTIONS: $0.165 1,750,000 FULLY DILUTED 24,706,880 MARKET CAPITALIZATION: $4.25 MILLION Proposed Financing: 10,000,000 Shares @ $0.20 Full Warrant @ $0.40
SHARE STRUCTURE
TSX-V: GLV
$0 $50,000,000 $100,000,000 $150,000,000 $200,000,000 $250,000,000 $300,000,000 $350,000,000 $400,000,000
MARKET CAPITALIZATION
$4,414,220.00 $37,830,939.36 $45,810,455 $70,744,041 $377,903,295.68
TSX.V - Vanadium Development Companies
Global Vanadium Prophecy Development First Vandium Western Uranium Energy Fuels
Global Vanadium Prophecy Development First Vanadium Western Uranium & Vanadium Energy Fuels Utah Nevada Nevada Utah/Colorado Utah Shares Outstanding 17,656,880 78,814,457 36,943,915 25,913,568 89,550,544 Share Price $0.25 $0.48 $1.24 $2.73 $4.22 Cash $350,000 $5,000,000 $1,600,000 $2,000,000 $14,000,000 Market Cap (CDN) $4,414,220 $37,830,939 $45,810,455 $70,744,041 $377,903,296
COMPARISON CHART
TSX-V: GLV
- Alexander Helmel – Director
- Mr. Alexander Helmel, B.Sc., also known as Alex, has been the Chief Financial Officer of Tasca Resources Ltd. since May 16, 2017 and serves as its Secretary. Mr.
Alexander Helmel is President, Chief Executive Officer, Director of Network Exploration Ltd. Mr. Helmel has been President and a director of the Company since March 1, 2006 and also its Chief Executive Officer since August 27, 2007. He brings over 15 years of experience working with private and publicly traded companies; and has specific expertise working with resource-based companies within the Canadian Capital Markets. Mr. Helmel is focused on developing exploration and managing the assets of mining corporations, while simultaneously building senior management teams and corporate growth strategies. Mr. Helmel has been involved with multiple exploration companies including Rara Terra Minerals Corp. and Giyani Gold Corp. Mr. Helmel obtained his Bachelor of Science degree from the University of British Columbia in 1994.
- Simon Clark - Director
- Mr. Clarke has over 25 years of corporate finance and corporate development experience, mainly focused on resources and energy technology companies. He
brings significant experience in building and growing businesses and implementing successful capital market strategies. Mr. Clarke has served as a Director and Audit Committee Chair for a number of public and private companies. Mr. Clarke qualified as a corporate and securities lawyer in 1990 and spent four years with the City of London law firm Simmons & Simmons, including two years seconded to the London Stock Exchange. From 1994 - 2000, he was an investment banker in London, first with West LB Panmure and, thereafter, with Williams de Broe Plc, focused on small-mid cap companies. Since moving to North America in 2000, Mr Clarke has held a number of senior management and board of director roles including with RailPower Technologies on the hybrid / energy storage side, Doublestar Resources and Argus Metals on the resources side.
- Brian Morrison - CFO
- Mr. Morrison received a Bachelor of Commerce degree from the University of Northern British Columbia in 2004 and completed the Canadian securities course
in 2006. From January 2005 to May 2008, Mr. Morrison was an account manager with Computershare Investor Services Inc., an international full-service financial services, corporate trust and stock transfer company. Since June 2008, he has been a self-employed consultant working in the area of public company
- administration. Mr. Morrison has previously served as a founding director of Millennial lithium and currently serves as corporate secretary to M2Cobalt &
Millennial Lithium. Mr. Morrison was a chief financial officer of various publicly traded issuers as well.
TSX-V: GLV
MANAGEMENT
- Adrian Smith - PROPOSED CEO
- Mr. Smith, P.Geo., B.Sc., is a Professional Geologist with over ten years’ experience working in the Mining and Exploration industries. Mr. Smith began working
for Exploration Companies in 2007, and worked as an Underground Mine Geologist in the Shasta Gold-Silver Mine in Northern BC. He then began work for North American Tungsten Corp. at the Cantung Mine where he was involved in successfully identifying, modeling, and producing ore in addition to known
- reserves. Since then Mr. Smith has taken his mining and exploration experience from underground and applied it to exploration projects across Canada and
the United States. Currently Mr. Smith sits on the board of ML Gold Corp., Go Cobalt Mining Corp., and founded Divitiae Resources Ltd. Mr. Smith graduated from Simon Fraser University with a Bachelor of Science degree specializing in Geology, and has been a member of APEG BC since 2008.
TSX-V: GLV
CONTACT
1177 West Hastings, Suite 2000 Vancouver, BC, V6E 2K3 Brian Morrison, CFO Brian@globalvanadium.com +1 604 669 2191