MetalsGrove Mining : Investor Presentation

ersonal use only

Investor Presentation

July 2022

www.metalsgrove.com.au

ASX Code: MGA

Critical Metals

Exploration and Development

Disclaimers

GENERAL INFORMATION ONLY

This presentation contains general background information and summary information about MetalsGrove Mining Limited (ACN 655 643 039) ("MetalsGrove") and its activities as at the date of this presentation.

only	DISCLAIMER
None of the members of MetalsGrove or their or MetalsGrove's respective advisors, affiliates, related bodies corporate, directors, officers, partners, consultants, employees and agents ("Other Persons") have
authorised, permitted or caused the issue, submission, dispatch or provision of this presentation and none of them makes or purports to make any statement in this presentation. To the maximum extent permitted
	by law, MetalsGrove and the Other Persons expressly exclude and disclaim all liability, including without limitation for fault or negligence on the part of any person, or for any expenses, losses, damages or costs
	incurred as a result of the use of this presentation or its contents and the information in this presentation being inaccurate or incomplete in any way for any reasons, whether by negligence or otherwise.
	To the maximum extent permitted by law, each of MetalsGrove and the Other Persons make no representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of all or any
	part of all or any part of this document, or any constituent or associated presentation, information or material, or the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects of returns
	contained in or implied by, the information in this presentation or any part of it. Except as required by applicable law or regulation, neither MetalsGrove nor the Other Persons have any obligation to provide any
	additional or updated information, whether as a result of new information, future events or results or otherwise. The information in this presentation is strictly confidential It may not be disclosed, reproduced,
	disseminated, quoted or referred to, in whole or in part, without the express consent of MetalsGrove.
use	NOT AN OFFER
This presentation is not a prospectus, disclosure document, product disclosure statement or other offering document under Australian law (and will not be lodged with ASIC). This presentation is for information
purposes only does not constitute an invitation or an offer to sell or a solicitation of an offer to purchase any security or financial product or service in any jurisdiction.
	NOT INVESTMENT ADVICE
	This presentation is not financial product nor investment advice or a recommendation to acquire securities in MetalsGrove (nor does it or will it form part of any contract to acquire securities in MetalsGrove). It has
	been prepared without taking into account the objectives, financial situation or needs of individuals. Before making any investment decision, prospective investors should consider the appropriateness of the
	information having regard to their own objectives, financial situation and needs and seek legal and taxation advice.
	PAST PERFORMANCE
ersonal	Past performance is not necessarily indicative of future results and no person guarantees the performance of any financial product or service or the amount or timing of any future return from it. There can be no
assurance that the financial product or service will achieve any targeted return, that asset allocations will be met or that the financial product or service will be able to implement its investment strategy and
investment approach or achieve its investment objective.
	FORWARD LOOKING STATEMENT
	This presentation contains forward looking statements concerning the projects owned by MetalsGrove. Statements concerning mining reserves and resources may also be deemed to be forward looking statements
	in that they involve estimates based on specific assumptions. Forward looking statements are not statements of historical fact and actual events and results may differ materially from those described in the
	management's beliefs, opinions and estimates should change or to reflect other future developments. Data and amounts shown in this presentation relating to capital costs, operating costs and project timelines
	are internally generated best estimates only. All such information and data is currently under review as part of MetalsGrove's ongoing development and feasibility studies. Accordingly, MetalsGrove cannot
	guarantee the accuracy and/or completeness of the figures or data included in the presentation until the feasibility studies are completed.
	EXPLORATION RESULTS
	Apart from the third party results (refer to slide 21), the information in this presentation relating to exploration results has been reported by the Company in accordance with the 2012 Edition of the 'Australasian
	Code for Reporting of Exploration results, Mineral Resources and Ore Reserves' (JORC Code) previously (refer to the Company's prospectus available on the Company website at www.metalsgrove.com.au). The
	Company is not aware of any new information or data that materially affects the information included in its prospectus and confirms that the form and context of the exploration results were reported in the
	prospectus has not been materially altered.
www.metalsgrove.com.au	metalsgrove.com.au	Page 2

Corporate SNAPSHOT

only	CAPITAL STRUCTURE
	Initial public offer price per share	A$0.20
use
Gross proceeds of initial public offer	A$6.40M
Total number of shares at listing	52,710,000
ersonal	Market capitalisation at listing	A$10.50M
Net cash		A$6.30M
	Implied enterprise value at listing at A$0.20	A$4.20M
www.metalsgrove.com.au			Page 3

Founder and Board Members

only	Hydrogen Energy Pty Ltd and the Interim CEO and Managing
	Mr. Richard Beazley
	Non-Executive Chairman
	Founder and Director of both Altair Mining Consultancy and
use	Director for Troy Resources (ASX-TRY). Mr Beazley is an
experienced mining engineer with 35 years of experience with a
strong corporate, operational and technical background in the
	resources industry. Throughout his career he has worked on
	projects throughout Australia, Africa and South America.
	With Altair, he has driven and delivered valued outcomes for
	mining clients which in turn has led to strong market growth
	outside the mining industry to include oil and gas, renewables,
ersonal	infrastructure, manufacturing and security due to his corporate

and operational expertise and his extensive network across the globe.

His former roles have included the Chief Operating Officer for

Sandfire Resources NL (ASX-SFR), Managing Director Peak

Resources Limited (ASX-PEK), General Manager Operations at

Consolidated Minerals, General Manager Southern Cross

Operations at St Barbara Limited (ASX-SBM) and Manager

Mining Greenbushes at Sons of Gwalia Ltd (ASX-SGW).

www.metalsgrove.com.au

Mr. Sean Sivasamy

Managing Director and CEO

Mr Sivasamy is a mining professional more than 25 years of global experience. He has held Senior Management roles within large, medium and junior Mining companies in Australia, Africa, India and South East Asia.

He is the founder Director and CEO of MetalsGrove Mining Limited. He has held director roles with Tambourah Metals Ltd (ASX-TMB) and Pilgangoora Minerals. He also held senior management role with Aditya Birla Minerals (ASX-ABY) that is engaged in mining, processing & marketing copper in Australia that eventually was acquired by MetalsX Ltd. He is a director of OreMin Consultants which has been undertaking consulting engagements for many mining companies within Australia and overseas.

Mr Sivasamy is a skilled geologist. His professional contribution includes improving the efficiency of mining operations and optimising processing methods. During his working life prior to becoming an entrepreneur, he has identified a gold resource concession in Victoria which eventually had an estimated gold deposits of circa 1m ounces and discovered a copper sulphide deposit in Western Australia. He also identified 4 copper deposits in Queensland for further exploration and mining.

He holds a master's degree in Geology. He is a member of Australasian Institute of Mining and Metallurgy. He is a member of the Australia Institute of Company Directors.

Mr. Haidong Chi

Non-Executive Director

Mr Chi is a one of the very early Co-founders of Kimberley Metals Group and KMG Mining Pty Ltd. Mr Chi has been the Managing Director of the company's business operations, liaising with key relevant stakeholders, driving strategic company growth, and responsible for the overall performance of the business for more than 10 years.

Mr Chi has a proven track of executive management skills and holds extensive experience in the commodity trading markets for the past 20 years. He also holds a Master's degree in Business Administration (MBA) from Peking University, and developing managemental skills in the business sectors.

Mr Chi has strong experience in market insights, strategic advice, business operations, financial performance, investments, and ventures. He has delivered valued outcomes and maintained positive relations with business partners, shareholders, and relevant authorities. Most recently Mr Chi was a Vice President of US Capital Holdings Group, a US based private equity investment company that specialises in assisting Chinese companies gain access to international capital markets.

Page 4

Investment Highlights-Critical Mineral Explorer

only	1.	Focused on GREEN METAL exploration and development
		including BATTERY and RENEWABLE ENERGY market.
	2.	Advanced portfolio targeting lithium, rare earth, copper,
use		manganese, gold and base metal resources.
3.	Aggressive work programs planned for next six months at
		priority projects including:
		✓ Upper Coondina: lithium tin and tantalum project
		located in the Pilbara lithium mineral field-WA.
		✓ Bruce REE Prospect: located in the Arunta mineral
ersonal		field near Alice Springs-NT.
		Page 5
www.metalsgrove.com.au