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HIGHLIGHTS

TSX-V:

MRNL

Tight Share Structure

23.3M shares outstanding with significant management ownership (20%) and Discovery Silver’s stock issuance subject to 12-month lock-up along with TSX escrows for all pre-IPO stock.

Favourable Asset in an Emerging REE Global Hub

Option for 100% ownership of a permitted, near-term, drill ready asset in a safe jurisdiction. 

Close proximity to west-central Texas, an emerging global hub for REE ore processing and battery technology.

Experienced Rare Management Team

The Monumental Minerals team represents a highly experienced group with deep expertise in rare earth exploration and project development including the Defense Metals Wicheeda project, and the Tasman Minerals world-class Nora Karr project.

TSX-V:

MNRL

Stock Quote

TSX-V: MNRL
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Share Structure

As at April 1, 2022

38.28M

Issued & Outstanding

5.56M

Warrants
($0.65)

915.26K

Broker Warrants
($0.20 + $0.65)

3.58M

Stock Options
($0.38, $0.45, $0.50)

$4.69M

As of April after fees

Significant Shareholder:  3.5M shares Lithium Chile Corp, 2.3M shares Discovery Silver

HEAVY RARE EARTHS

The discovery and development of new economic magnetic REEs deposits will feed the projected shortage of these elements.

At present, ionic clay deposits in southern China and Myanmar are the primary source of the world’s HREE, however the limited resource size, high environmental legacy issues of such deposits and increasing export restrictions, are driving discovery and development of other more sustainable sources of HREE. The REEs Nd, Pr, Tb, and Dy are typically enriched in peralkaline deposits and are essential for the performance of high strength permanent magnets for electric vehicles and wind turbines. In addition, greater than 90% of the REE market share is tied to these 4 REEs.