Arctic Minerals (ARCT) investor relations material

Industry context and challenges

• European mining has suffered from decades of underinvestment, leading to heavy reliance on imported copper concentrates, often with low metal content and environmental inefficiencies.

• Public and investor sentiment in Sweden has historically favored technology over mining, but political and public attitudes are now shifting in favor of domestic mining.

• The European Critical Raw Materials Act aims to accelerate permitting, reflecting a broader push for self-sufficiency in critical minerals.

• Recent geopolitical events and tariffs have underscored the need for Europe to secure its own supply chains for critical metals.

Company transformation and strategy

• Under new management since October last year, the company underwent a reverse takeover, added new projects, and restructured its board with experienced industry leaders.

• The team includes individuals with proven track records in major discoveries and successful company sales, positioning the company for significant growth.

• The company is now focused on developing its flagship Hennes Bay Copper-Silver Project, with a five-year plan to reach construction readiness.

• The shareholder base is tightly held, with the top 20 controlling 70% and management holding significant stakes.

Project highlights and milestones

• Hennes Bay project has a newly defined JORC-compliant resource of 55 million tons at 1% copper equivalent, with ambitions to expand to 150–200 million tons within a few years.

• Advanced geophysical surveys and drilling plans are underway, aiming to rapidly increase resource estimates and identify new targets.

• An underground mining study shows favorable conditions for efficient extraction, with all declines in ore from surface.

• The company is well-funded following recent capital raises and warrant exercises, with over SEK 20 million available for upcoming drilling.

• The project also contains significant quantities of silver, gallium, germanium, vanadium, and rare earth metals, adding strategic value.