Montem Resources : GM Presentation

ersonal use only

Montem Resources Ltd.

General Meeting

17 March 2022

1

Disclaimer

	Disclaimer - Montem Resources Ltd. ("Montem" or "The Company") has prepared this presentation based on the information available to it. No representation or warranty, expressed or implied,
only	is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of
Montem, its directors, employees or agents, advisers, nor any other person accepts liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or
any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it. This presentation contains general and background information
	about Montem's activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise all the information that an investor should consider when
	making an investment decision.
	Forward looking statements -This presentation may contain forward looking statements that are subject to risk factors, including those associated with mining and production businesses.
	Forward-looking statements, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance
	and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Montem. Any prospective investor acknowledges that circumstances may change,
	and the contents of this presentation may become outdated as a result. Each prospective investor acknowledges that no audit or review has been undertaken by an independent third party of
	the assumptions, data, results, calculations and forecasts contained or referred to herein. Forecasts are inherently uncertain by nature and are subject to a range of qualifications and
	assumptions inherent in them. Those assumptions and qualifications are not generally contained in this presentation. The actual realised returns on any investment will depend on, among other
	things, the Company's ability to raise funds, obtain permitting, future operating results, the value of the assets and market conditions, all of which may differ from the assumptions on which this
	presentation is based.
useNo investment advice -This presentation is not a financial product, investment advice or a recommendation to acquire Montem securities and has been prepared without taking into account the
ersonal	objectives, financial situation or needs of individuals. Before making an investment decision prospective investors should consider the appropriateness of the information having regard to their
own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. Montem is not licensed to provide financial product
	advice in respect of its securities or any other financial products. Any investment in the Company should be regarded as being a speculative investment.
	No offer - This presentation is not making any offer, inducement, solicitation or invitation or any kind and under no circumstances is it to be construed as a prospectus or advertisement. Without
	limiting the foregoing, this presentation is intended to be communicated only to such persons as Montem is legally able to communicate it and who are legally able to receive it in their jurisdiction
	of residence. If you are not such a person, please return the presentation to Montem immediately.
	Information in this presentation remains subject to change without notice.
Montem Resources Limited	17 March 2022 2

onlyCoal assets in Alberta

useersonalMontem Resources Limited

Steelmaking coal in the Crowsnest Pass

Montem has over 200Mt HCC, including over 100Mt of freehold coal in the Crowsnest Pass1

only		Teck Resources:
	~25 Mt/yr exports
use
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*1 Includes Measured, Indicated and Inferred resources. See Prospectus, and ASX relea es for details. All JORC resource reports available on the Montem Resources website: www.montem-resources.com

Montem Resources Limited

Chinook Vicary Project

• Category 4
• Potential for up to 5 Mt/yr mine

Tent Mountain Mine

• Category 4
• Re-startof historical mine

• 1 Mt/yr for 14 years

• Permitting slowed by Federal intervention

17 March 2022 4

use only	An alternative for Tent Mountain?
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Montem Resources Limited