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May 1-4 2017 – Mines & Money / SME – New York

Developing Rare Earths in Quebec and Canada

LISTED ON

REE SEPARATIONTHROUGH ELECTROPHORESIS

LISTED ONTSX V.Exchange

Cette présentation contient des énoncés prospectifs à l'égard de nos intentionset de nos plans, Les énoncés prospectifs contenus dans les présentes sontbasés sur diverses hypothèses et estimations posées par la société etcomportent un nombre de risques et d'incertitudes, Par conséquent, lesrésultats réels pourraient varier considérablement de ceux prévus ou suggérésdans ces énoncés prospectifs et les lecteurs ne devraient pas se fier indûmentaux énoncés prospectifs, Veuillez noter que les énoncés prospectifs comportentdes risques et des incertitudes connus et inconnus, comme il est mentionnédans les documents déposés par la Société auprès des autorités en valeursmobilières du Canada, Divers facteurs peuvent empêcher ou retarder nos plans,notamment la disponibilité et le rendement des entrepreneurs, les conditionsmétéorologiques, l'accessibilité, les prix des métaux, la réussite ou l'échec destravaux d'exploration et de mise en valeur effectués à divers stades duprogramme ainsi que l'environnement économique, concurrentiel, politique etsocial en général, La Société se décharge expressément de l'obligation demettre à jour tout énoncé prospectif, sauf si la législation en valeurs mobilièresl’exige,

Our presentation contains “forward-looking statements” not basedon historical facts. Forward-looking statements express, as of thedate of this presentation, our estimates, forecasts, projections,expectations and opinions as to future events or results. Theforward looking statements that are contained in this presentationare based on various assumptions and estimates by the Corporationand involve a number of risks and uncertainties. As a consequence,actual results may differ materially from results forecast orsuggested in these forward-looking statements and readers shouldnot place undue reliance on forward-looking statements. Wecaution you that such forward-looking statements involve knownand unknown risks and uncertainties, as discussed in theCorporation’s filings with Canadian Securities Administrators.Various factors may prevent or delay our plans, including but notlimited to, contractor availability and performance, weather, access,mineral prices, success and failure of the exploration anddevelopment carried out at various stages of the program, andgeneral business, economic, competitive, political and socialconditions. The Corporation expressly disclaims any obligation toupdate any forward-looking statements, except as required byapplicable securities laws.

FORWARD-LOOKING STATEMENT

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• Discovery, innovation, financing, mineral exploration and

evaluation

DYNAMIC TEAM

MONTVIEL – REE, Nb

• World class Neodymium (REE) deposit• Patented low acid and low power

consuming metallurgical process

EXPLORATION AND EVALUATION

• Innovative separation process• Key component in helping develop a REE industry

in Quebec and Canada

SUSTAINABLE REE* SEPARATION

• Growing Patent Portfolio• Federal and Provincial Government support

INNOVATIVE ENGINEERING

• 100% Quebec• Permanent road access• Proximity to public infrastructure

96.1% owned by GMA

3.9% by Experienced in-house

exploration team

Focusing on REE separation and Montviel

*REE – Rare Earth Elements

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GÉOMÉGA OVERVIEW:

RESOURCE & GRADE:• Large resource with favorable distribution towards Nd & Pr• Niobium represents almost 20% of the estimated NSR value• Heavy REE zone enriched in Dy & Tb

World class REE deposit (Nd & Pr)

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MONTVIEL (REE, Nb):

NSR Value(CA$/tonne) Category Million

TonnesTREO Grade (%)

335 Indicated 82.4 1.51312 Inferred 184.2 1.43

• Mineral resources are estimated and reported in compliance with NI 43-101 (June 17, 2015)• Based on NSR cut-off value of CA$180 per tonne

83 (13.50m) : 0.16 % Nd2O3112 ppm Dy2O3&(7.50m)0.16 % Nd2O3112 ppm Dy2O3&(18.00m)0.12 % Nd2O3100 ppm Dy2O3

77 (9.35m) : 0.24 % Nd2O3101 ppm Dy2O3&(8.50m)0.16 % Nd2O3118 ppm Dy2O3

78 (27.35m) : 0.25 % Nd2O3170 ppm Dy2O3including (1.50m)0.17 ppm Nd2O3830 ppm Dy2O3172 ppm Tb2O3

79 (12.00m) : 0.29 % Nd2O3101 ppm Dy2O3

81 (22.50m) : 0.14 % Nd2O3105 ppm Dy2O3

21 (10.40m) : 0.13 % Nd2O392 ppm Dy2O3

59_B (15.10m) : 0.15 % Nd2O3101 ppm Dy2O3

23 (33.00m) : 0.19 % Nd2O398 ppm Dy2O3 36 (36.00m) :

0.15 % Nd2O3108 ppm Dy2O3

36 59B 34 51 32D 49 31

>0.2% Nd2O3

>0.3% Nd2O3 and/or >0.5% Nb2O5

>0.4% Nd2O3 and/or >0.75% Nb2O5

Heavy REE

0m

-100m

-200m

-300m

-400m

SECTION 6+80W

Indicated Resources Inferred Resources82.4 million tonnes 184.2 million tonnes

Rare EarthElement Oxide Oxide Grade

(%)ContainedOxide (M kg)

OxideGrade (%)

ContainedOxide (M kg)

Lanthanum La2O3 0.1 329.5 0.36 666Cerium Ce2O3 0.73 604.9 0.7 1,290.7Praseodymium Pr2O3 0.08 63.2 0.075 137.4Neodymium Nd2O3 0.25 202 0.24 448.2Samarium Sm2O3 0.026 21.1 0.025 45.4Europium Eu2O3 0.005 4.3 0.005 8.7Gadolinium Gd2O3 0.009 7.7 0.008 15.2Terbium Tb2O3 0.001 0.6 0.001 1.3Dysprosium Dy2O3 0.003 2.2 0.002 4.4Yttrium Y2O3 0.008 7 0.008 13.8Total TREO 1.51 1,242.5 1.4 2,631.2Niobium Nb2O5 0.17 141.3 0.13 242.3

MINERALOGY & METALLURGY• Proven fluorocarbonate minerals• High recoveries • Low acid consumption• Low power consumption• Priority patent filed on the process flow sheet after the flotation step

(US 62/180,663)

2012 2013 2014 2015H2SO4 H2SO4+HCl HCl HCl

High power consumption

>180 MW consumption

~100 MW consumption <60 MW consumption

High acid consumption

High acid consumption

~300 kg/MT HCl

Lower acid consumption and

acid recycling ~175 kg/MT

Acid 58 kg/t & full regeneration

RecoveriesREE ~ 80%Nb – 0%

RecoveriesREE ~ 80%Nb – 0%

RecoveriesREE ~ 75%Nb – 0%

Recoveries: Nd – 91%Pr – 92%Nb – 66%

Mixed REO Mixed REO Mixed REO Mixed REO & Nb2O5

Gradual improvement from 2012 to 2015

In house developed metallurgy to simplify cost and process

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MONTVIEL (REE, Nb):

• Mining: 2500 T/D ROM

• Flotation: 92.6% REE in 45.5% MPi

• Chlor-Alkali is proposed to produce HCl and NaOH

• Bases: NaOH, NaHCO3, Na2CO3

• Nb extraction with HCl in an autoclave reactor (No HF)

• Solvent extraction for Nb recovery

• Essential reagents are produced and regenerated on site

• Potentially fully powered by electricity

Reagents for leaching and precipitation of REE,

Montviel Hydrometallurgy, 2500 T/D ROM

DIRECT HCL LEACHING CURRENT PROCESS

Kg/T ROM kg/T ROM

HCl (100%) 293 63.2

Base (NaOH) 321 69.3

Oxalic Acid 17.3-86.5 -

Energy and economy estimation of leaching section, major units

DIRECT HCL LEACHING MODIFIED LEACHING PROCESS

M$ MW M$ MW

Chlor-Alkali 150ii 100ii 40iii 20iii

Calciner - - 6iv 17iv

Ammoniation - - 10iii -

Total 150 M$ 100 MW 56 M$ 37 MW

Savings 94 M$ 63 MW

Savings % 62.6% 63%

i Dr. Tesfaye Negeri, Canmetii Quotes from suppliers, 2013iii Estimated by Geomegaiv Quotes from suppliers, 2015

Montréal

Québec

Val d’Or

Lebel-sur-Quévillon

Chapais

MONTVIEL(REE, Nb)

49th parallel

Lebel-sur-Quévillon

Population: 2,800

WaswanipiPopulation: 1,800

Cree First nation

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Kilomètres

5 10 20

MONTVIEL

Gravel road

MONTVIEL (REE, Nb): Road accessible property close to public infrastructure in Québec

INFRASTRUCTURE• 80km from 120 kV Hydro-Quebec substation• Road accessible• Trucking distance from railroad access• Developing as underground mine with paste

backfill

JURISDICTION• Mining friendly jurisdiction• Located within the Plan Nord ($2.5B for investment in

infrastructure and other projects)• Pre-Development Agreement signed with the CREE First Nation

of Waswanipi and with Lebel-sur-Quévillon

Provincial Road

Gravel RoadPower Line

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IF

THEN IFTHEN IF

THEN IFTHEN IF

FINANCINGMINEPROCESS

PURIFYPROCESS

PURIFYPURIFY &

PRODUCTIONFINANCINGMINE & PROCESSPRODUCTION

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5THEN IF

THEN IFTHEN IF

THEN IF

THEN

• Resource• Size potential• Mag-REO/HREO/LREO• Social acceptability • Traditional

• Traditional metallurgy works

• Identify areas that need improvement

• Cash flow• Traditional• Debt financing• Royalties• JV• M&A

• 1 kg/day module• Process

commercial concentrates & secondary feeds

• Qualification testing with end users

• Add modules• Increase throughput • Low volume, high purity

production • End user agreements• Industrial applicability

• Metallurgy pilot plant• Engineering studies• Refine CAPEX & OPEX• Resources & Reserves• Large amount of financing

required for all stages

• Identify new separation technique – Electrophoreses

• Demonstrate concept• Focus on modular design

• Improve metallurgy

• Economics improve as well

• Add modules• Mine construction• Start up & ramp up• Sell directly to end users

MINE PROCESS PURIFYOre Concentrate

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GEOMEGA REVERSE REE APPROACH SLOWER AND MORE CHALLENGING BUT MORE REALISTIC APPROACH

LOW TO MEDIUM HIGH HIGHo Many projects availableo Adding resources relatively easyo CAPEX – low to mediumo Not the defining aspect

o Each project requires a different flow sheeto High CAPEX and OPEXo Major impact on environmental permittingo Requires major innovation in order to reduce

chemical consumables

o Few choices are availableo Costs are not competitive making most project

not economicalo No direct contact with end usero Building a traditional SX plant is very unlikely:

high cost, missing knowhow and very hard to permit

REE CaseRISK:

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NOVEMBER 2016 CONFERENCE SUMMARY

• Conference attended by several large end users of NdFeB magnets and the main REE global producers

• Many REE traders in attendance looking for opportunities to grow the market in Europe and North America

• Pricing environment remains weak but expected to turn around towards 2020

• Chinese operations remain borderline profitable with current pricing. Survive on government support.

• New uses continue to be developed for permanent magnets driving the demand for Nd and Pr

• New applications are being explored for La and Ce which are currently over supplied.

• Illegal REE mining in China is still a problem but is slowly reducing. Efforts by government to continue.

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HONG KONG REE CONFERENCE END USERS AND TRADERS CONTINUE TO LOOK FOR SUPPLY ALTERNATIVES

GEOMEGA APPROACH & INNORD SEPARATION TECHNOLOGY

• Modular and gradual approach starting from recycling and progressing to the mine is strongly supported by end

users and traders alike

• The sector is of the opinion that all SX alternative technologies are interesting but none has stood out to date as a

potential replacement or competing technology. The alternative separation race remains up for grabs.

• Electrophoresis based separation attracted high interest with two main questions asked:

• Is the pricing going to be competitive with SX separation in China?

• When can material be produced to begin qualification testing?

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• Latest status update in June 2016

• Two working prototypes

• Higher throughput achieved but targeting more

• Cost of unit reduced (1/10 of 2014)

• 18 fold higher REE concentration

• Energy savings

• Current activities

• Design: electric field and flow

• Increasing concentration & throughput

• Chelate agent

• pH and temperature

• Energy

• Main objectives for 2017

• Demonstrate separation at significantly higher concentrations

• Achieve 1 kg/day throughput

• Process commercial REO concentrates

• Process REO secondary feeds

• Provide samples to end users for qualification testing

• Demonstrate high purity

Move on to Step 6

PURIFY & PRODUCTION

• Add modules• Increase throughput • Low volume, high purity

production • End user agreements• Industrial applicability

GEOMEGA REVERSE REE APPROACH Current status: working on scale-up Objective – 1 kg/day processing capacity

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GOLD EXPLORATION: GéoMégA Unlocks its Gold Assets Value

• Transaction closed March 24, 2017

• GéoMégA received $2.5M in shares (17,857,143) of Kintavar Exploration Inc. (KTR.V)

• GéoMégA to distribute to its shareholders 0.0625 KTR shares per 1 GMA share (See press release May 1, 2017)

• Three main reasons behind the transaction:

Focusing on REE & separation technology

Reduction of burn rate & cash maximization• GMA and KTR will have shared management and technical teams

• Will allow more money to go directly to technology development

Source of financing & helps avoid dilution• Shares of KTR could be used as a source of financing in the short to long term

• Strong exploration portfolio combined with a clean share structure

• An experienced exploration focused board of directors

• Well financed for a very active year of drilling and field work

Kiril Mugerman, CEO – Previously exploration geologist with Gold Fields Ltd. andmining analyst (industrial minerals) with IAS.

Alain Cayer, P.Geo, M. Sc., VP Exploration – Previously Sr. Project Geologist atVirgina Mines (Éléonore gold deposit). Recipient of the PDAC Bill Denis Award (‘05).

Ingrid Martin, CPA, CA, CFO – Over 10 years experience in the junior miningand exploration sector. Serves as CFO of three other junior companies.METALLURGY, PROCESSING, SEPARATION & EXTRACTION

Pouya Hajiani, Ph.D., CTO - Ph.D. in Chemical Engineering and M. Sc. in processdesign with strong background in physical separation. Inventor of both theproprietary FFE separation technology and the low acid and power metallurgicalprocess for Montviel.

BOARD OF DIRECTORSPatrick Godin, Eng. - COO and VP of Stornoway Diamond Corp.

Denis Hamel, Eng. - Executive general manager for Glencore at the Zinc MountIsa Mines, Australia.

Paul-Henri Couture, CFA - Over 35 years experience as a financial manager and investment professional (Minvest Capital, Sentient Group (CA), Caisse de dépôtet placement du Québec).

Gilles Gingras, CPA - Audit and advisory services partner at Deloitte LLP 1987 to2013 (board of dir. and finance, risk management and gov. committees ’02-’10)

Vicky Lavoie, M. Sc. - President and founder of Nexolia Inc., largest shareholderof GéoMéga.

Sébastien Vezina, Corp. Sec. - Chair of Lavery’s Energy and Natural ResourcesGroup.

MANAGEMENT TEAM

DYNAMIC TEAM: Driven by skilled and experienced professionals from top to bottom

Mario Spino, M. Sc. - Previously principal advisor with KPMG consulting services,advisor in market risk management at Caisse Centrale Desjardins.

Outstanding

Shares 78,233,049

Warrants 12,104,131

Options 4,590,000

Total 94,927,180

Cash & AR (as of February 28, 2017) $414,039

March 3, 2016 – Invest. of $500,000 by Plan Nord, SDBJ & ARBJ

Holds 17M shares of KTR.V ($0.20 as of 04/27/2017)

0.0625 KTR shares per 1 GMA shares (PR 05/01/2017)

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Contact Us

+1 450 641 5119

www.geomega.ca

info@geomega.ca

GéoMégA75 Boul. de MortagneBoucherville, QC, J4B 6Y4Canada

Kiril Mugerman, President & CEOkmugerman@geomega.ca

Alain Cayer, VP Explorationacayer@geomega,ca

Dr. Pouya Hajiani, CTOphajiani@geomega,ca

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