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Message: CRE vs. CLQ - Quick comparison

So this is what CRE is in a nutshell:

· New NI 43-101 Indicated resource 26.5 MM tones @ 1.30% Li2O EQ + Inferred resource 10.7 MM tonnes @ 1.14% Li2O EQ

· Total resource increase of 273% in tonnage from previous NI 43-101

· Total of 869 803 tonnes of Li2CO3 Eq + Total of 12.9 MM pounds of Ta2O5

· Metal value of $6000/tonne of Li2CO3 Eq and $118/lb of Ta2O5

· Large Subsurface deposit

· High potential to increase tonnage with additional drilling

Versus Canada Litium (CLQ) at 17Mt at 0.94% Li2O with a recovery of 80%.

The whisper numbers I have heard for recovery at CRE are close to 95% which will be in a pre-Feasibility study that is in the works at the moment. Moreover, CRE has a deposit that is flat (0-80m depth so far) whereas CLQ is a plug type intrusive that runs deep which means that CRE will likely be much less expensive to mine out.

So CRE at a market cap of $25MM has a lot of catching up to do with the CLQ market cap of $160MM (almost $500MM at it’s peak).

Given these metrics, I will likely be adding to my position on weakness and selling into some volume spikes.

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