Overview

First Cobalt is focused on building a vertically integrated North American cobalt company.  The Company is a non-DRC cobalt company with three significant North American assets:

1. the Iron Creek Project in Idaho, which has a historic mineral resource estimate (non-compliant with NI 43-101) of 1.3M tons grading 0.59% cobalt;
2. the Greater Cobalt Project in the Canadian Cobalt Camp, with more than 50 past producing mines;
3. and the only permitted cobalt refinery in North America capable of producing battery materials.

Investment Highlights

North American Solution

• Majority of cobalt is mined in the DRC and  processed in Asia
• High grade deposits, with low capex and simple metallurgy
• Opportunity for a vertically integrated solution for cobalt in North America

Fully Permitted Refinery

• Only permitted cobalt extraction refinery capable of producing battery material in North America
• Potential to process feed from Iron Creek or third party material
• Easily accessed by rail, using existing infrastructure, from anywhere in North America

And a Pathway to Cobalt Production

• 1.3M ton of 0.59% Co historic resource estimate* on patented property in Idaho
• Among the largest pure-play cobalt exploration and development company in the world
• Strong management with global experience in exploration and development