Ann: Corporate Presentation - February 2017, page-3

Maiden resource announcement imminent

Metallurgical testwork underway at Dofner-Anzaplan to produce lithium carbonate/hydroxide – results expected Mar- Apr 2017

*Tenement application MNPPP0395 (Barroso-Alvao) is awaiting a decision on a proposed
hydroelectric dam development. This tenement and tenement MNPPP0407 also have some
overlapping claims which may affect the grant process.

Strong cash position allowing rapid advancement of project

Aim to be producing petalite concentrate by end-2018 and lithium chemical products by mid-2019