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LEADING WITH PRODUCTION

INVESTOR PRESENTATION
ANTIMONY & TIN ROLLUP 08 AUGUST 2022
DISCLAIMER
This document may contain forward-looking statements that reflect the Company's current views and expectations regarding future events. These forward-looking statements can
be identified by the use of forward-looking terminology, including the terms "believes", "envisages", "estimates", "anticipates", "projects", "expects", "intends", "may", "will", "could",
"seeks" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions.
Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.

These forward-looking statements include matters that are not historical facts and speak only as of the date of this document. They appear in a number of places throughout this
document and include statements regarding the Company and the directors, and the directors' current intentions, beliefs or expectations concerning, amongst other things, to
management’s strategic vision, aims and objectives, the conduct of clinical trials, the filing dates for product license applications and the anticipated launch of specified products in
various markets, the Company’s ability to find partners for the development and commercialization of its products as well as the terms for such partnerships, anticipated levels of
demand for existing products and products in development, the effect of competition, anticipated efficiencies, trends in results of operations, margins, the overall market and
exchange rates, are all forward looking in nature.

The investments mentioned in this document will place investor capital at risk.
OBJECTIVES

Molten Metals was created with the following objectives:

q To aggregate past-producing Antimony mines

q To becoming a meaningful player in the antimony market (±6% of global production over the next five years)

q To become the West’s leading producer of antimony by volume

q To replicate our Antimony efforts by aggregating past-producing Tin mines

q To spin out Tin assets as a stand-alone listed entity with distribution of equity to shareholders

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ANTIMONY & TIN AS CRITICAL METALS
The Critical Metals Lists Of All Major Countries, Including Australia,
Canada, China, Europe, Japan And The United States.

Metals on the Critical Metals Lists of Major Countries Antimony is on ALL criticality rankings
Tin is on FOUR criticality rankings

Phosphorous

Rare Earths
Manganese
Magnesium
Chromium

Vanadium
Scandium
Geranium

Zirconium
Strontium
Fluorspar

Rubidium
Aluminum
Antimony

Tantalum

Tungsten
Beryllium

Tellurium
Graphite

Titanium

Uranium
Hafnium

Niobium
Bismuth

Gallium
Copper

Lithium
Helium

Indium
Cobalt

PGMs
Nickel

Tin
Australia Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y

Canada Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y

China Y Y Y Y Y Y Y Y Y Y Y Y Y Y
Y

Europe Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y

Japan Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y
Y

USA Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y
Y

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GLOBAL RELIANCE ON CHINA FOR ANTIMONY

RENEWABLE ENERGY RECHARGEABLE BATTERIES DEFENCE APPLICATIONS

Solar panels, wind turbines, motors, Smartphones, computers, semi Communication Systems, night
generators, batteries, nuclear conductors, cars and other hi-tech vision goggles, ammunition tanks,
reactors, Alloying substance in devices and machines depend on infrared sensors, missile guidance
turbines, various energy solutions antimony to operate effectively. systems, submarines warships,
contain antimony. camouflage, flame retardants
depend on antimony.

China currently supplies 85% of the global Antimony market

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GLOBAL RELIANCE ON CHINESE PROCESSING FOR TIN

ELECTRONICS TIN PLATE AND CHEMICALS BATTERIES

Soldering-5G-based electronics Canned foods, beverages, EV batteries- coating of lithium


expected to rise, driving demand for chemicals, paints, plastics, tin anodes expected to drive demand for
tin coatings, tin, alloy addition in batteries

China currently supplies 33% of the global Tin market

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MANAGEMENT STRUCTURE

MOLTEN METALS
MANAGEMENT TECHNICAL TEAM ADVISORY BOARD
CORP

John Harris Pavlina Radková


Christopher
Lara Smith (COO) (Company Process (Slovak Country Anthony Balme David Henderson
Eccelstone (CEO)
Engineer) Manager, Geologist)

Fero Bakos
Marcy Kiesman David Robinson
(CFO) (NED) (Slovak Exploration
Manager)

Brooklyn Reed
Hugh Oswald (NED)
(Company Secretary)

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MOLTEN METALS CORP STRUCTURE

MOLTEN METALS CORP


As of 31 March 2022

SHAREHOLDERS

Management & Insiders 43% 7,2M

SLOVAK ANTIMONY CORP WEST GORE


Public 57% 9.71M
(SLOVAKIA) (CANADA)

Total 100% 16.91M

TIENESGRUND BANE TIN TARGET: ANTIMONY TARGET: Listing Date: 8TH AUGUST 2022
(OWNED) (TO BE ANNOUNCED) (TO BE ANNOUNCED)

Trading Symbol: CSE | MOLT

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LEADING WITH PRODUCTION

In early July 2022, the company acquired a


complete Antimony/Tin processing circuit in
Eastern Slovakia.

The components of the production line have


varying daily/hourly throughputs, but the key
ball mill (shown at right) has a rate of 7-15 tpd
which essentially then dictates the rate at which
the whole flowsheet (shown on following page)
will operate.

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PROCESS SET UP
Chute Feeder PE Jaw Crusher
Jig Machine

Spiral Classifier Conveyor Belt


Ball Mill
Vibrating Machine

Gold Concentrator

Shaking Table

Gold/ Antimony
Tailing Concentrate to
send for tolling

Sluice

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PROJECT OVERVIEW
1. SLOVAK ANTIMONY CORP

Slovakia has been at various times the largest


source of mined Antimony in Europe. The antimony
ores began to be extracted in the late 18th century
and by the 1980s, Slovakia had become the largest
producer of Antimony in Europe with a number of
mines still in operation right up until the fall of the
Iron Curtain in 1989.

These had continued to operate despite the Chinese


predatory pricing that had shut down most of Non-
Chinese sourced antimony production after 1984.
However, with Soviet subsidies removed, low prices
and difficult economic circumstances post-1989 the
last remaining mines were shuttered in the early
1990s despite still containing substantial identified
Antimony resources.

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PROJECT OVERVIEW
1.1 TIENESGRUND/SPISSKA BANE

Antimony-gold rich veins occur at the upper end of the


Starovodská valley and extend to the Štofová valley with
this long-mineralized belt terminating in the Tienes valley
south from Kloptaň Hill.

Mined during World War I, but the ore although high grade,
was not processed and was dumped in front of the adit.
Latest exploration was conducted by Greenview Ltd and
the assays returned 0.37g/t Au and 237g/t Ag.

Spišská Baňa consists of three parallel veins all containing


gold. The highest gold values in rock chips was 58g/t from
the Okrúhly Hrb vein. Two veins were mined in the past
until 1939 whereby records show more than 26,000 tons of
antimony were extracted with two flotation concentrates-a
gold rich and antimony-rich were produced.700kg of gold
was produced over this time.

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PATH TO CASH FLOW
SLOVAK ANTIMONY CORP
• Reopen adits from new
acquisitition
• Confirm Historic
• Reopen other Resource (via Channel
Tienesgrund/ Sampling)
Spisska Bane adits • Secure Mining License
• Acquire Slovak Tin • Commence Tin
• Reopen Tienesgrund Adit
Asset Processing
• Confirm Historic Resource
(via Channel Sampling) • Expand initial plant
• Secure Mining License capacity
• Commence Antimony
1Q 2023-
• Establish processing plant
Production
(Capacity 10-15tpd) 1Q 2024
• Commence Processing 2H 2023
Tiensgrund Dumps
2H 2022

July 2022-
Mid 2023

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PROJECT OVERVIEW
2. WEST GORE

• Favorable mining jurisdiction in Nova Scotia


• 50km from Halifax
Enviable • Surrounded by producing and past producing
Location projects
• Situated in the resurgent Meguma gold mining camp

• Formerly Canada’s largest antimony mine


Favorable
• Gold by-product provides potential upside and
Geology
diversification

• Previously mined by various companies between


1888-1939
• Past producer with substantial documentation and
data
Near Term • Reports of waste rock dumps that contain high levels
Production of mineralization
Plan • The initial goal is to reprocess the waste dumps and
stockpiles to generate cash flow
• Continued exploration of the main vein at depth
provides further upside potential
• Medium term goal to reactive mining at site

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HISTORY
Unverified, historic production, reported to be 19,200 oz Au (18,000 tons
Late 19th Century
containing 1.2 oz Au/ton (37.3g Au/t)

TO FUTURE 1900
Dominion Antimony Company. The company
concentrating mill to treat the lower grades of ore.
erected a modern

past-producing antimony-
gold mine that was formerly Mine ceased production allegedly due to a German submarine which sunk
1917 the ship carrying concentrates from the mine. This dealt a fatal economic
the leading Canadian blow to the company and the mine was closed
antimony producer
Continued intermittent development of the deposit. A 1957 report by
1930’s - 1939 Cameron Consulting Engineers confirmed that around 100,000 tons of
material had been removed.

Report by George Packard estimated 56,200 tons of material on


waste/tailings dumps containing 1.2M pounds of antimony and 2,528
1940’s-1960’s ounces of gold. Further report by Cameron Consulting Engineers
confirmed that 100,000 tonnes of material were removed mainly from the
main vein at an average of 4% antimony.

Geodex acquired the property via 100% option from Elk Exploration. Under
2014 Christopher Ecclestone’s leadership, Geodex undertook a highly successful
surface sampling campaign before letting the option lapse.

Molten Metals (Formerly Battery Elements) acquired mine from Elk


2021 - Exploration and bought neighboring property from Grant/Mackinnon.
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WEST GORE INITIAL SAMPLING
July 2014 limited grab samples of waste rock dumps near Main Vein
confirmed gold and antimony mineralization

Assays of 153g/t Au 21% Sb and antimony-bearing rubble in the reported


area of the Brook Vein with a sample returning 56.9% Sb.

Further samples collected August 2014 confirmed significant antimony/


gold content for multiple samples with assays up to 27.1% Sb and 72.5
g/t Au.

In mid-2021, drone aeromag was conducted over the entirety of the


concession. Results pending.

We are planning trenching/pitting and geophysics programs for the next


phase of work over the coming month.

Historical reports indicate the potential for the Main Vein to continue at
depth below the previous mine levels and possibly plunge to the
southeast.

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WEST GORE – PACKARD ASSESSMENT OF THE DUMPS
George Packard, an eminent mining engineer, in 1949 produced an estimate
of the West Gore dumps using a survey produced by Nova Scotia’s
Department of Mines

The report signaled that the dumps


contained:

• A combined 630 tons of antimony


• (~$6.3million at assumed
antimony price of $10,000/tonne)

• 2,278 troy oz. eq of gold


• (~$3.87million if assumed gold
price of $1,700/oz)

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APPENDIX

• What is Antimony?

• Molten Salt Batteries

• Mass Battery Storage is on the Rise

• Board of Directors Bios

• Technical Team Bios

• Advisory Board Bios

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WHAT IS ANTIMONY?
Other
• Traditionally, Antimony oxide has seen its demand 10%
driven by military usage, but this has changed since
fire retardants arose to become the main application Pigments
for the metal. 9%

• Antimony trisulfide is used in the production of


explosives, pigments and antimony salts.
Ceramics, glass
10%
• It can also be used for producing semiconductors,
infrared detectors and diodes Flame retardants
57%
Plastic stabilizers
• The latest new technology to utilize the metal is 10%
Antimony Molten Salt Batteries for mass storage.

• The potential is for a quantum surge in demand if this


new technology gains broad adoption.
Lead Acid Batteries
4%

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ANTIMONY PRICES HOLD FIRM
Antimony Trioxide, min 99.65% Sb, du Rotterdam

$/mt

Source: Argus Media, 09 August 2022

Antimony prices moved from $5,500/t in May 2020 to $12,000/t in August 2021, in recognition of the
impending severe market shortfall. Prices continue to hold firm at above $13,500/t
20

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MOLTEN SALT BATTERIES
While the technology dates back to the late 1940s, it was picked up by a team from
MIT just over ten years ago

• AMBRI is backed by Bill Gates, Vinod Khosla (the founder of


Sun Microsystems) and Paulson & Company.

• AMBRI has just raised $144m to bring the antimony molten


salt battery to commercial production.

• Molten salt batteries makes use of a solid electrolyte that is inert at


ambient temperatures and can therefore be stored indefinitely, yet
provide full power once activated.

• The main use of antimony molten salt batteries is to provide grid


energy storage to balance out intermittent renewable power
sources, but these batteries could be used in specific electric
vehicles and for industrial power backup.

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MASS BATTERY STORAGE IS ON THE RISE
Strong Growth in Renewables Is Expected to Expand The Update of Mass
Storage Batteries, Driving Demand for Antimony!

US large scale wind, solar, battery storage capacity


180
“Strong government
160
policies and financial
140
support will see renewable
120
energy account for nearly
100
40% of the world’s power
80
mix by the end of this
60
decade”
40

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GlobalData Report, June 2021
0
2020 2030 2040 2050
Solar Photovoltaic Wind Mass Battery Storage

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BOARD MEMBERS

Christopher Ecclestone
Executive Director & CEO - Equity strategist in Latin America, New York and London, acknowledged expert in specialty metals. Former CEO and
director of five TSX & TSX-V companies, notably Mediterranean Resources & Geodex Minerals.

Lara Smith
Executive Director & COO –Founder of Core Consultants, an internationally recognised consultancy in the fields of mining analysis and commodity
markets PR. Lara holds a BSc (Chemistry & Statistics) & BComm Hons (Financial Analysis & Portfolio Management) from University of Cape Town.

David R. Robinson
Non-Executive Director-30+ years of experience in finding projects, partners, management teams/Boards and capital for junior resources companies,
with over $400 million raised for the companies. Board member of CSE-listed Goldrea Resources Corp. He holds a BSc in Geology from the University
of British Columbia, and an MBA from Queen’s University.

Hugh Oswald
Non-Executive Director - Hugh has over 15 years of success in public and private markets conducting Investor Relations and Direct Marketing. He is
specialised for raising capital for public companies and holds a degree from the San Diego School of Business Administration. Hugh has significant
expertise in best communication practices for issuers. He has been with Battery Elements since its inception and was instrumental in putting together
the initial vehicle and taking the company public.

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TECHNICAL TEAM

Jon Harris
Harris has served as a Non-Executive Director for several AIM- and TSX-listed companies, including Albania-based Bankers Petroleum Ltd.
from 2004 through 2016. He also has experience in leading two AIM listings for clients in the past decade.

Pavlina Radková
A recent addition to our team as a director of Slovak Antimony Corporation. She worked for several companies as an exploration geologist
based in Slovakia, having wide experience and knowledge about gold and antimony deposits. She earned her M.Sc. Hons degree in
geology at Masaryk University in Brno, Czech Republic.

Fero Bakos
A senior geologist and exploration manager at Green View. Fero is based In Slovakia and holds a PhD in mineralogy from the University of
Bratislavai, Slovakia. He has over thirty years experience as a senior geologist and resource exploration manager is in gold, tungsten and
antimony.

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ADVISORY BOARD

Donald Robert Sadoway


Don joined the MIT faculty in 1978. The author of over 180 scientific papers and inventor on 35 U.S. patents, his research is directed towards batteries for grid-
scale storage and electric vehicles and towards environmentally sound metals recovery technologies. His accomplishments include the invention of the liquid
metal battery for large-scale stationary storage and the invention of molten oxide electrolysis for carbon-free metals production. He is the founder of Ambri. In
2012 he was named by Time magazine as one of the 100 Most Influential People in the World.

Anthony Balme
Anthony is engaged in promoting and investing in a wide range of early-stage mineral ventures across several jurisdictions, including Slovakia. He is the MD of
Carter Capital, Ltd and AMC Ltd, two private UK investor funds.

Alon Davidov
Since 2016 Alon has been involved as an investor in several companies in the construction-tech, FMCG, and media industries. In two cases as an early-stage
investor and in one as founder and creator. From 2010-2015, Alon was appointed as the CEO of Shaft Sinkers, a mining construction company. During his time
as CEO, Alon took the company public on the London Stock Exchange (LSE), where he became one of the youngest CEO's on the mainboard.

David Henderson
Founder and CEO of Rittenhouse International Resources, LLC, a specialty metals trading and merchanting firm and Chairman of various start-up ventures in
the specialty metals field, such as Boston Electronic Materials, LLC. Mr. Henderson is currently a member of the Executive Committee of the Tantalum-
Niobium International Study Center in Belgium. He has a BA from Pomona College and a MBA from Harvard University. He presently resides in Concord, NH.

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Christopher Ecclestone, Chief Executive Officer

cecclestone@moltenmetalscorp.com

Lara Smith, Chief Operating Officer

lara@moltenmetalscorp.com

LEADING WITH PRODUCTION Brooklyn Reed, Company Secretary

brooklyn@moltenmetalscorp.com

INVESTOR PRESENTATION

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