TNG : MD Presentation, Paydirt's Battery Minerals Conference

ASX ANNOUNCEMENT

For personal use only

7 April 2022

MANAGING DIRECTOR TO PRESENT AT

PAYDIRT'S 2022 BATTERY MINERALS CONFERENCE

Australian resource and mineral processing technology company TNG Limited (ASX: TNG) ("TNG" or the "Company") is pleased to advise that its Managing Director & CEO, Paul Burton, will be presenting at "Paydirt's 2022 Battery Minerals Conference".

Event: Paydirt's 2022 Battery Minerals Conference - Pan Pacific Hotel, Perth WA

Presenter: Mr Paul Burton, Managing Director & CEO of TNG Limited

Time: 7 April 2022 at 2.30pm (AWST)

A copy of the presentation is attached.

Authorised by:

Paul E Burton

Managing Director & CEO

7 April 2022

Inquiries:

Paul E Burton

Managing Director & CEO

+ 61 (0) 8 9327 0900

Paula Raffo

Company Secretary & IR

+ 61 (0) 8 9327 0900

Nicholas Read

Read Corporate

+ 61 (0) 8 9388 1474

Follow TNG on

About TNG

TNG is a Perth based resource and mineral processing technology company focussing on building a world-scale strategic metals business based on its flagship 100%-owned Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory. Located 235km north of Alice Springs, Mount Peake will be a long-life project producing a suite of high-quality, high-purity strategic products for global markets including vanadium pentoxide, titanium dioxide pigment and iron ore fines. The project, which is expected to be a top-10 global producer, has received Major Project Status from the Northern Territory and Federal Governments.

TNG is also advancing a green energy strategy with the dual objective of offsetting carbon emissions from its planned future operations and generating new business opportunities in the alternative energy market to create additional shareholder value, with a focus on green hydrogen and vanadium redox flow batteries.

ASX CODE: TNG	REGISTERED OFFICE	T [phone]	Wwww.tngltd.com.au
ABN 12 000 817 023	Suite 20, 22 Railway Road	F [phone]	[e-mail]
Subiaco, Western Australia 6008

DEVELOPING MOUNT PEAKE

A BATTERY AND CRITICAL MINERALS PROJECT

IN NORTHERN AUSTRALIA

Paydirt's 2022 Battery Minerals Conference

PAUL BURTON - MANAGING DIRECTOR & CEO

7 April 2022

Disclaimer

FORWARD LOOKING STATEMENTS

This presentation has been prepared by TNG Ltd. This document contains background information about TNG Ltd current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of TNG Ltd shares in any jurisdiction. This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction.

This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments. To the fullest extent permitted by law, TNG Ltd, its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted. This presentation may include forward looking statements. Forward looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of TNG Ltd. Actual values, results or events may be materially different to those expressed or implied in this presentation.

COMPETENT PERSON'S STATEMENTS

The information in this presentation that relates to the Mount Peake Mineral Resource estimates is extracted from an ASX Announcement dated 26 March 2013, (see ASX Announcement - 26 March 2013, "Additional Information on the Mount Peake Resource",www.tngltd.com.auand www.asx.com.au ), and was completed in accordance with the guidelines of the JORC Code (2012). Initial mining and financial assessment work, based on the Mineral Resource, followed (see ASX Announcement - 15 July 2013, "TNG Considers Two-Stage Development Option for Mount Peake Project, NT ",www.tngltd.com.auand www.asx.com.au). The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the Mineral Resource estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are represented have not been materially modified from the original market announcement.

The information in this presentation that relates to the Mount Peake Ore Reserve estimates is extracted from an ASX Announcement dated 31 July 2015, (see ASX Announcement - 31 July 2015, "Mount Peake Feasibility Results",www.tngltd.com.auand www.asc.com.au) and was completed in accordance with the guidelines of the JORC Code (2012). The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the Ore Reserve estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are represented have not been materially modified from the original market announcement.

PRODUCTION TARGETS AND FINANCIAL INFORMATION

Information in relation to the Mount Peake Definitive Feasibility, including production targets and financial information, included in this report is extracted from an ASX Announcement dated 11 September 2019 called "Optimised Delivery Strategy for Mount Peake" available on the Company's website onwww.tngltd.com.au. The Company confirms that all material assumptions underpinning the production target and financial information set out in the announcement released on 11 September 2019 continue to apply and have not materially changed.

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Acknowledgement of Country

TNG acknowledges Whadjuk Noongar People as the traditional custodians of the land where we stand, and pays respects to their elders'

past, present and emerging.

TNG also acknowledges and pays respects to the Native Title Holders represented by the Eynewantheyne Aboriginal Corporation, the traditional owners of the land on which our world-class Mount Peake

Vanadium-Titanium-Iron Project is located in the Northern Territory.

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Executive Summary

Building a global strategic metals company through the development of the world-class

Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory of Australia

Vertically integrated operation producing three high-purity products - Vanadium products (Vanadium Pentoxide (V2O5) and Vanadium Electrolyte), Titanium Dioxide (TiO2) and Iron Oxide (Fe2O3) from the Mount Peake deposit

TIVAN® processing technology 100% owned by TNG

Partnerships with Tier-1 development companies and off-take agreements for 100% of all products with global groups in place

Green energy focused on environmentally sustainable resources with the potentiallaunch of a Vanadium Redox Battery (VRFB) business and green hydrogen product

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