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Overview

Volt Lithium Corp. is a lithium development and technology company that is on track to become North America’s first commercial producer of lithium from oilfield brine.

Unique Features

  • Proven and proprietary capability to extract commercially-viable quantities of marketable lithium from brines produced at various oilfields across North America. In-house capability to produce lithium carbonate and lithium hydroxide monohydrate
  • Field unit operations planned in Q3 2024 in partnership with a major operator in the Permian Basin (Delaware Basin)
  • All-in extraction and operating costs below US$2,900 per tonne LCE, supporting robust margins even within a volatile lithium price environment
  • Active Field Simulation Centre leveraging proprietary DLE technology to test oilfield brines from across North America

Our Strategy

Our strategy is to generate value for shareholders by leveraging management’s hydrocarbon experience and existing infrastructure to extract lithium deposits from existing wells, thereby reducing capital costs and lowering risks.

Operational Process for Permian Basin (Delaware Basin) Field Operations

Lithium 101

Lithium-ion batteries are used in a wide range of applications, including electric vehicles, renewable energy storage systems, and portable electronic devices (smartphones and laptops).

Supply strains for lithium

  • Highly Reactive
    Highly reactive metal for power storage and regeneration in batteries
  • Efficient Metal
    The lightest metal, with density half that of water, and a low melting and boiling point

Lithium hydroxide and lithium carbonate have different industrial uses based on their chemical properties

  • Lithium hydroxide
    Primarily used in the production of lithium-ion batteries, as well as in nuclear reactors, lubricants, and as a carbon dioxide absorbent in space capsules.
  • Lithium carbonate
    A raw material used in the production of lithium-ion batteries, and also serves as a flux in the production of ceramics, glass, and aluminum.

Lithium demand is forecast to be 40x today's levels by 20302

  • EV Battery Quota
    ‘Big auto’ plans to spend trillions of dollars in an effort to meet EV battery quota by 20301
  • Robust Economic Outlook
    Unmet supply for battery metals provides robust economic outlook and supports business model
  • Government Subsidies
    Governments are spending billions on EV charging infrastructure and subsidies to incentivize consumers to switch to hybrids and EV’s (3)

Lithium Demand Growth

  • Electric Vehicles (EVs) and battery capacity expansion are fueling robust demand growth
  • Battery manufacturers and automakers are competing to strike long-term contracts with miners and refiners
  • The time is now to secure future sources of lithium and diversify global supply chains

Leadership Team

Alex Wylie

President, CEO & Director

Proven track record of founding and building successful high-growth resource-based businesses, bringing significant experience and relationships in the sector.

Morgan Tiernan

Chief Financial Officer

10+ years of tax and financial reporting experience for private and public entities. Mr. Tiernan holds a Diploma of Business, a Bachelor of Law and is a Chartered Accountant.

Dave Kimery, PEng

Chief Operating Officer

25+ years of energy industry experience in multiple capacities, and has been responsible for the build out of Volt’s Field Simulation Center. Mr. Kimery is a Mechanical Engineer by training, graduating from the University of Calgary.

Greg Foofat

VP, Investor Relations

20+ years of experience in capital markets, investor relations, corporate communications, corporate governance and corporate strategy. Mr. Foofat currently serves on the Advisory Board at Lancaster Resources.

Board of Directors

Alex Wylie

President, CEO & Director

Proven track record of founding and building successful high-growth resource-based businesses, bringing significant experience and relationships in the sector.

Lt. General Andrew Leslie

Chair of the Board

Lt. General (ret’d) Honourable Andrew Leslie was a high-ranking Canadian Armed Forces Commander whose extensive US/Canada cross border relations experience will be a tremendous asset. With a diverse leadership background across military, business and government, he brings high integrity and strong corporate governance capabilities.

Warner Uhl

Director

Warner has more than 30 years’ experience as a senior mining professional. He has worked in executive management with mining, construction, and engineering companies to help bring resource projects from exploration, feasibility studies to operating facilities.  Through his role at Worley, Warner has managed engineering, construction, and procurement of over $100 billion in capital projects and is well positioned to assist Volt in guiding the company into commercial production.

Marty Scase

Director

25+ years of experience in resource and land management with Camber Resource Services, Cabot Energy, and Grail Hydrocarbon Canada Ltd. Holds a Bachelor of Commerce in Petroleum Land Management.

Maury Dumba

Director

34+ years of oil and gas industry experience across North America. As an engineer, held executive leadership roles and management positions in Corporate Development and Marketing. Previous firms include Greene’s Energy Group, General Electric Oil & Gas and Schlumberger.

John McEwan

Advisory Board Member

30+ years of industry experience in technical services and research and development. Since 2012, has been Director, Technical Services, for Sterling Chemicals. Holds a Ph.D in Chemistry, University of Toronto.

Kyle Hookey

Director

10+ years experience in capital markets and leadership, with previous experience at Goldman Sachs, JBWere and Euroz Securities. Mr. Hookey is a Member of the CFA Institute.