Lithium Plus Minerals : LPM Presentation to Noosa Mining Conference 20 July 2022

ersonal use only

AUSTRALIAN LITHIUM FOR A CLEAN ENERGY FUTURE

Noosa Mining Conference

20 JULY 2022

ASX | LPM

AUSTRALIAN LITHIUM FOR A CLEAN ENERGY FUTURE

Important INFORMATION

Forward Looking Statements

Certain statements contained in this presentation, including information as to the future financial or operating performance of Lithium Plus Minerals Ltd ("Lithium Plus") and its projects, are forward looking statements. Such forward looking statements:

 include, among other things, statements regarding incomplete and uncertain proposals or targets, production and prices, operating costs and results, capital expenditures, and are or may be based on assumptions

	and estimates related to future technical, economic, market, political, social and other conditions;
only
	are necessarily based upon several estimates and assumptions that, while considered reasonable by Lithium Plus, are inherently subject to significant technical, business, economic, competitive, political and social
	uncertainties and contingencies; and
	involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward-looking statements.

Lithium Plus disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. The words "believe", "expect", "anticipate", "i dicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forward looking statements. All forward looking statements made in this presentation are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.

Disclaimer

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent usep rmitted by law, none of Lithium Plus, its directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for any loss arising from the

use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.

The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without considering the investment objectives, financial situation or needs of any particular person. Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate considering your particular investment needs, objectives and financial circumstances. Past performance is no guarantee of future performance.

Competent Persons Statement

ersonalThe information in this report that relates to Exploration Results, Mineral Resources or Reserves is based on information compiled by Dr. Jason Berton, who is a member of the Australian Institute of Mining and Metallurgy.

Dr. Berton has sufficient mineral exploration experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a competent person as defined in the 2012 Edition of the "Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves" (JORC Code). Dr. Berton consents to the inclusion in this report of the matters and i formation discussed, based upon the form and context in which it appears.

Exploration by Other Explorers

This presentation contains information sourced from the reports of Other Explorers. References to the original reports are provided as footnotes where the information is cited in this presentation. Lithium Plus does not v uch for the accuracy of these reports. Lithium Plus has taken the decision to include this information as it is in the public domain and as we assess it to be of relevance to shareholders and investors.

2

BYNOE |

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HIGH IMPACT LITHIUM EXPLORATION

Focused on five projects within two highly prospective areas

Bynoe PROJECT AREA

Flagship project, neighbouring Core Lithium's Finniss Project WINGATE | Known pegmatite district, limited historic exploration

Arunta PROJECT AREA

BARROW CREEK | Historic tin and tantalum production SPOTTED WONDER | Proven lithium mineralisation MOONLIGHT | Within the Harts Range Pegmatite Field

DARWIN

BYNOE FINNISS

WINGATE

BARROW CREEK

SPOTTED WONDER

MOONLIGHT

AUSTRALIAN LITHIUM FOR A CLEAN ENERGY FUTURE 3

Corporate SNAPSHOT

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Register composition

43%		9%
	SUZHOU CATH
			ENERGY
			TECHNOLOGIES
9%		IN PARTNERSHIP
48%		WITH
			STRATEGIC
			CORNERSTONE
			INVESTOR WITH IPO
	Board and management
	Other
	Suzhou CATH Energy Technologies

Note 1: At 15 June 2022

Note 2: At listing, 26 April 2022

Capital structure | ASX:LPM

Share price1	A$0.38
Total shares on issue2	97.00M
Market capitalisation	A$36.86M
Cash2	A$10.34M
Debt2	A$0.00M
Enterprise value	A$26.52M

AUSTRALIAN LITHIUM FOR A CLEAN ENERGY FUTURE 4

Actively DRILLING

only		Focus on key Bynoe Lithium Project
		Two rig program
use		− 10,000 meters of Reverse Circulation drilling
	− 1,800 metres of diamond drilling
	 Program designed to target Lei and Cai
ersonal		Prospects (tenements EL3113 and EL31091)
	Drill results with ongoing news flow to

the end of 2022

"We are delighted to have secured a locally-based drilling contractors, with extensive experience in the Bynoe pegmatite field, for the 2022 field season. Our initial focus is the Lei and Cai Prospects, where we believe there is strong potential to delineate a maiden high-grade lithium resource at Bynoe."

- Bin Guo, Executive Chairman

AUSTRALIAN LITHIUM FOR A CLEAN ENERGY FUTURE 5