Corporate PresentationJanuary 2017

CSE: TTX FSE: 1T0

Safe HarborStatement

Certain statements in this presentation constitute “forward-looking statements”

within the meaning of the Private Securities Litigation Reform Act of 1995 and

Canadian securities legislation. Such forward-looking statements involve known and

unknown risks, uncertainties and other factors which may cause the actual results,

performance or achievements of the Company, or other future events, including

forecast production, earnings and cash flows, to be materially different from any

future results, performances or achievements or other events expressly or implicitly

predicted by such forward-looking statements. Such risks, uncertainties and other

factors include, but are not limited to, factors associated with fluctuations in the

market price of precious metals, mining industry risks, recent operating losses,

uncertainty of title to properties, risk associated with foreign operations,

environmental risks and hazards, proposed legislation affecting the mining industry,

litigation, governmental regulation of the mining industry, properties without known

mineable reserves, uncertainty as to calculations of reserves, mineral deposits and

grades, requirement of additional financing, uninsured risks, competition,

dependence on key management personnel, potential volatility of market price of the

Company’s common shares, dilution and certain anti-takeover effects. Such

information contained herein represents management’s best judgment as of the date

hereof based on information currently available. The Company does not intend to

update this information and disclaims any legal liability to the contrary.

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Table Of Contents

Why Invest in Tantalex 4

Lithium Market Fundamentals 5

Manono-Kitotolo Region 13

Buckell Lithium Project 16

Tantalum Joint-Ventures 17

Tantalum Market Fundamentals 18

Leadership 19

Share Structure 21

Contact 22 CS

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Why Invest In Tantalex Resources

• Buckell Lithium project adjacent to and along strike south of world-class

LCT-Pegmatite Manono-Kitotolo mine.

• Fast-track 3-phase work program planned, outlining construction of Spodumene

Plant in late 2018.

• De-risked investment through: joint ventures with the State-owned company and

reputable sub-contractors.

• All properties located in the province of Tanganyika (formerly Katanga),

a mining-friendly and politically stable region.

• Accessibility to infrastructure such as electricity, roads, dams and aircraft runways.

• Hands-on management team; Operations office situated in Lubumbashi/Windhoek;

Corporate Development office in Nanjing China .

• Management and Board members with long-time expertise in mine development and

production of industrial metals, high-tech minerals, renewable energies and

electronics.

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Why Lithium and other high-tech minerals?

ELECTRONICS

Micro-capacitors in small

electronic devices such as

cell phones, Ipods/pads,

laptops &tablets,

computers, digital

cameras, automotive

electronics, game

consoles, etc.

ALLOYS

Carbide tools for

metalworking equipment;

superalloys for jet engine

components; chemical

process equipment;

nuclear reactors; missile

parts.

ENERGY + CHEMICALS

Lithium metal powders to

improve battery performance;

cost reduction and safety

enhancement through use of

new anode and cathode

materials; used in pipes, tanks,

and vessels; used in chemical

production.

MEDICAL

Surgical and medical

instruments such as dental

implants, pacemakers,

stents and replacements.

BROAD AND EVOLVING TARGET MARKETS

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LITHIUM: No end in sight to global demand

• Asian and European governments setting carbon emissions targets for automotive industry and

subsidizing Electric Vehicle (EV) technology.

• Marginal cost of conventional internal combustion continues to rise while cost of electrification

continues to decline; Electrified Vehicles should reach cost parity with Internal Combustion

vehicles by the early 2020’s.

• As costs of lithium-ion batteries continue to fall, penetration of the E-bike market in China on the

rise and expected to reach 100% by the end of 2020.

• Traditional market demand (non-EV, non-Energy Storage lithium-ion battery demand) continues

to grow fueled by emergence of lithium-ion batteries in computers, mobile phones and other

consumer electronics with an expected growth of 3.6% per annum over the next 10 years.

KEY DEMAND DRIVERS

Source: Deutsche Bank; Company data 2016.

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LITHIUM: The Lithium-Ion megafactories are coming!

Benchmark Mineral Intelligence 2015.

“Global production capacity

of lithium-ion batteries is

anticipated to more than

triple by 2020.”

TTX’s corporate development team in Nanjing is well positioned to foster negotiations with major players in the area.

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“Global lithium demand was 184k tonnes in 2015, with

battery demand increasing 45% YoY and accounting

for 40% of global lithium demand. Based on our

analysis, global lithium demand will increase to 534k

tonnes by 2025, with batteries accounting for 70% of

global demand.”

Deutsche Bank, United States Geological Society (USGS), 2016. Review of over 70

companies and 125 lithium projects to forecast how the supply market will respond.

LITHIUM: Global lithium supply needs to triple in 10 years

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Source: USGS, HSBC estimates 2016.

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2010 2011 2012 2013 2014 2015 2016 2017e 2018e 2019e 2020e 2021e 2022e 2023e 2024e 2025e

Lithiu

m c

arb

onate

price (

US

D p

er

ton)

LITHIUM: Strong price outlook for Lithium Carbonate

The global lithium market is measured in terms of lithium carbonate equivalent (LCE), given that lithium carbonate

is the most commonly traded product in the market. CS

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WHY PEGMATITES?

• Chinese hard-rock lithium plants (45% of global lithium supply) searching for lithium

feedstocks, operating at only 65% capacity in 2015.

• Quicker response time from mine development to production.

• Pegmatite deposits have low Mg/Li ratios allowing for a less costly transformation process.

• LCT-Pegmatites also contain Caesium and Tantalum, creating additional opportunity for

revenue stream.

LITHIUM: Market looks to pegmatite (hard rock) for supply response

Source: Deutsche Bank; Company data; USGS, 2016;

S&P Global (SNL), 2016. CS

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LITHIUM: Market looks to pegmatite deposits for supply response

Kesler,S.E., Gruber,P.W., Medina,P.A., Keoleian,G.A.,

Everson,M.P. and Wallington,T.J.(2012).

Buckell Lithium Project location close to major seaways,

facilitating export of minerals to major foreign ports

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MANONO-KITOTOLO REGIONBackground

• MK mine currently held by State 90%, and State Pension Fund 10% with

whom TTX is already JV partner on the Buckell Lithium Project.

• MK mine is a rare element LCT Pegmatite deposit defined as largest

pegmatitic deposit of spodumene, tin and tantalite ever worked (Bassot et

Mario 1989).

• MK previously owned by Geomines SA (Belgium mining company); operated

6 open pit mines from 1915-1988 on the MK pegmatites, producing 140,000-

185,000 t of tin & 4,500 t of coltan concentrate (Zairetain 1981).

• Remaining pegmatite deposit could exceed 500Mt to a depth of

125m.

• Metallurgical test work carried out by Belgium government (1956, 1976 and

1981) demonstrated that a 6% lithium concentrate was produced at average

tailings grade of 1.25% Li2O using combination of heavy media separation,

tables and spirals.

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• MK is classified as a LCT rare-element pegmatite, characterized by low

pressure and temperature, shallow level of emplacement,

mineral/alteration zonation and a geochemical signature of Li, Rb, Cs,

Be, Ga, Ta, Sn, Hf, B, F.

• Primarily lithium mineral is low-iron spodumene & minor lepidolite.

Spodumene crystals are extremely large allowing efficient recovery

using gravity-type processing.

MANONO-KITOTOLO REGIONGeology

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• MK largest known lithium-tin-tantalum deposit worldwide.

• Comprised of two large pegmatite swarms; Manono is traced for 5.2km

ranging up to 480m in width; Kitotolo extends 4.8km with similar

widths. Current deposits are open to depth: -40m at Kitotolo and -80m in

Manono.

• Further resource extensions exist along strike and laterally from the MK

pits.

• Several lithium resource estimates for the Manono-Kitotolo pegmatite

vary between 0.3 and 3.1 Mt of Li (Mohr, 2010); Highest estimate given

by Kessler (1978) : 3.3 Mt at 1.29 %Li2O.

• Using a 25% spodumene composition of the deposit at a 0.577% Li grade

reported by Iloko (1982), and volumes calculated by Matubila (2010),

TTX estimates confirm values given by Kessler (1978) and Mohr (2010).

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MANONO-KITOTOLO REGIONHistorical resource data

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BUCKELL LITHIUM PROJECTProximity to MK & infrastructure

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BUCKELL LITHIUM PROJECTProximity to MK & infrastructure

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• Phase 1: (Jan.2017 – Dec 2017)

•Scoping Study and Resource Definition

•Regional aerial geophysics

•Field reconnaissance and geological mapping

•Drilling of 3,000-5,000m

• Phase 2: (July 2017 – April 2018)

•Resource expansion drilling

•43-101 Compliant Reserve Report

•Definitive Feasibility Study

•Basic engineering for construction of Spodumene Concentrate Plant

• Phase 3: (May 2018 – April 2019)

•Construction of Spodumene Concentrate Plant in Manono

•Studies for Lithium Products Plant (LiOH & Li2CO3)

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BUCKELL LITHIUM PROJECTFast-track timeline

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• Agreements with reputable and well-established sub-contractors

through joint-venture with subsidiary United Materials Congo SARL

(“UMC/UC”).

• Extracted Tantalum Pentoxide concentrate (Ta2O5) sold to off-take

clients in China where there is strong demand.

• Expected production of Ta2O5 in 2018 as by product from Buckell

Lithium Project.

• All properties located in the province of Tanganyika, friendly mining

jurisdiction, close to infrastructure and transport.

• Classified as non-conflict material as Tantalex meets necessary

requirements of Electronic Industry Citizenship Coalition (EICC).

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TANTALUM JOINT-VENTURES

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FAVOURABLE DEMAND OUTLOOK

• Overall demand for tantalum is

expected to grow at 4.7% per annum to

2020.

• Supperalloys market will have the

highest rate of growth due to positive

outlook of commercial aerospace

industry.

• Above-average growth in sputtering

targets, tantalum chemicals and

tantalum mill products (wide range of

final applications).

• Capacitators are currently still largest

market for tantalum.

VARIABLES IMPACTING SUPPLY

• Demand from high-tech end users.

• Closing of Wodgina, Kenticha, Tanco

and Marropino Mines.

• Lack of viable new development projects.

• SEC ruling and other voluntary and legislative

requirements to use conflict-free tantalum.

VARIABLES FAVOURABLE TO PRICING

• Not openly traded on exchange.

• Confidential contracts between buyers and sellers.

• Conflict-free tantalum sells at a significant premium.

• Conflict-free material is in higher demand and sold

via long-term contracts and not significantly affected

by current market volatility.

Source: Roskill, 2016.

TANTALUM: Future outlook

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LeadershipManagement

Dave B. GAGNON Chairman & CEO

Kyle APPLEBY CFO

Sylvain GIFFARD Senior VP

Eric ALLARD VP, Operations

Laetitia FIERE VP, Corporate Affairs/Head CSR

Samuel BOUDAUX VP, Business Development

Benson HAN Senior VP, China

Alan DEVANEY Vice President Global Metals Markets

Eric KASEKA Operations Director

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LeadershipBoard of Directors

Michel LEBEUF Corporate Secretary, Director

Partner of Dunton Rainville LLP, Mr. Lebeuf has an expertise in securities, particularly

in the areas of natural resources, institutional and corporate financing, and public and

private mergers and acquisitions.

Luisa MORENO Director

Co-founder and Managing Partner of Tahuti Global, a successful Global Advisory and

Consulting firm founded in 2014, which provides financial and consulting services to

government institutions, investment firms, and listed and private companies in the

Mineral Resource Sector.

Gary PEARSE QP & Senior Technical Advisor

One of the world’s notable experts in lithium rare earths and other high tech minerals.

He is an engineer, economic geologist, metallurgist and mineral economist with over

40 years’ experience including geological survey work in Canada and Nigeria and

exploration and development in North America and Africa.

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Share Structure Shares outstanding

103,455,996

Options

4,250,000

Warrants

30,662,000

Fully diluted

138,367,996

As at January 15, 2017

Closing price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.17

52 week low/high . . . . . . . . . . . . . . . $0.02-$0.18

Insider holdings . . . . . . . . . . . . . . . . . . . . . . . . . . 30%

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Tantalex Resource Corporation:

333 Bay Street, Suite 630

Toronto, ON

Canada M5H 2R2

+14379924114

Postal address:

Toronto, ON

Canada M5C 2K3

PO Box 964

Investor Relations:

Christina Lalli

Manager, Investor Relations

ir@tantalex.ca

General Inquiries:

contact@tantalex.ca

Sales:

sb@tantalex.ca

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Contact Us

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