LiTHIUM X is a lithium resource exploration and development company with a focus on becoming a low cost supplier for the burgeoning lithium battery industry. Learn more at www.LiTHIUM-X.com

1. Charging Our World, Fuelling the Future

2. FORWARD LOOKING STATEMENTS
This Presentation includes andis basedon forward-lookinginformation andstatements thatare subjecttorisks anduncertainties
thatcould cause actual results todiffer. Factors thatmightcause or contribute tosuch differences include, butare notlimitedto,
economic conditions globally, the impactof competition, political andeconomic developments in the countries in which the Company
operates, regulatorydevelopments in Nevada andinternationallyandchanges in lithiumpricesandin the margins for the Company’s
products. These expectations, estimates andprojections are generallyidentifiable bystatements containingwords such as
"expects", "anticipates","targets", "goals", "projects","intends", "plans","believes","seeks", "estimates", variations of such words,
andsimilar expressions. Importantfactors thatcouldcause actual results todiffer materiallyfromthose expectations include,
amongothers, economic andmarketconditions in the geographic areas andindustries thatare or will be major markets for the
Company’s businesses, lithiumprices, marketacceptance of new products andservices, changes in governmentalregulations,
interestrates, fluctuations in currencyexchange rates andsuch other factors as maybe discussedfromtime totime. Although the
Companybelieves thatits expectations andthe information in this Presentation were basedupon reasonable assumptions atthe
time when theywere made, itcan give noassurance thatthose expectations will be achievedor thatthe actual results will be as set
out in this Presentation. The Companyis notmakinganyrepresentation or warranty, expressedor implied, astothe accuracy,
reliabilityor completeness of the information in the Presentation, andneither the Companynor anyof its directors, officers or
employees will have anyliabilitytothe reader or anyother persons resultingfromthe reader's use of the information in the
Presentation. The Companyundertakes noobligation topubliclyupdate or revise anyforward-lookinginformation or statements in
the Presentation. The reader shouldconsultanyfurther disclosures the
Companymaymake in documents itfiles with the applicable securities regulators.
The Presentation is intendedfor educational andinformational purposes onlyanddoes notreplace independentprofessional
judgment. Statements of factandopinions expressedare those of the participants individually. The information is notdesignedto
provide financial, tax planning, accounting, investment, businessor legal advice, in anywaywhatsoever. The reader shouldconsult
with a lawyer, accountantandother professionals in respectof contents hereof. Furthermore, the information in nowayshouldbe
construedor interpretedas, or as a partof, an offeringor solicitation of securities. Investors are advisedtodiscuss anytradingwith a
registeredsecurities broker or personal finance professional prior toinvesting.
The technical information containedin this presentation has been reviewedandapprovedbyWilliamRandall, P.Geo, whois a
QualifiedPerson as definedunder NI 43-101. As Vice-PresidentProjectDevelopmentof the Company, Mr. Randall is notconsidered
independent.
2/21

3. 3/21
LiTHIUM X
Mission:
Build a world class management team and acquire best in class assets, giving investors
exposure to a pure play lithium company with multiple assets across diverse jurisdictions
Lithium X
acquires CVL
claims resulting
in largest land
position in
Clayton Valley
Lithium X
raises $3.2m
with follow on
financing
Lithium X
raises $1.85m
with initial
financing
Paul Matysek
joins Lithium
X as Executive
Chairman and
largest initial
financing
participant
Brian Paes-
Braga and
Frank Giustra
enter lithium
space
announcing LOI
Lithium X
acquires Sal de
Los Angeles
project in Salta
Province,
Argentina

4. 4/21
WHY INVEST?
1. TIMING 2. TEAM 3. ASSETS
The energy storage revolution is generating
high demand for lithium, with some
analysts forecasting order-of-magnitude
demand increases.
Battery giants are scaling up lithium-ion
production with mega factories and actively
acquiring raw materials through long-term
offtake agreements.
Companies already producing lithium are
attempting to increase production.
However, the majority of current
production (both brine and hard—rock
operations) are capacity constrained with
geopolitical risk affecting some of the
world's major production areas.
The LITHIUM X team has created
several multi-billion dollar companies
from scratch and has access to a global
network of business, government and
philanthropic leaders.
The team are major shareholders in
LiTHIUM X and are focused on
maintaining a sound share structure
and financing the company in ways that
benefit existing and future
shareholders.
The technical and project personnel are
leading experts, having lead
exploration and development projects
in Nevada’s Clayton Valley and
throughout South America.
LiTHIUM X has two strategically located
assets:
1. Sal de Los Angeles, located in the
“Lithium Triangle” in mining
friendly Salta Province, Argentina
covers 95% of Salar de Diablillos, a
well known salar with positive
historic economics, grade and size
2. The Largest land position in
Clayton Valley, Nevada adjacent to
and surrounding the only
producing lithium operation in
North America.
Management continues to actively
pursue strategies to enhance its project
portfolio.

5. 5/21

6. 6/21
“What if I Told You … Lithium is the New Gasoline”

7. 7/21
GLOBAL SUPPLY

8. 8/21
“Pricesof lithium carbonate have jumped about 250
percent in China in the past year” [160,000 Yuan / ton
or US$24,600]

9. 9/21
INVESTOR DILEMMA?
Lithium is not commoditized. There is a lack of investment vehicles that
give pure play exposure to the growth of the lithium market.
THE BIG THREE PRODUCERS
They are large cap, diversified chemical companies with only a small
portion of revenue generated from lithium
$5.38B
Market Cap
15%
LithiumRevenue/ Revenue
$5.5B
Market Cap
12%
LithiumRevenue/ Revenue
$4.68B
Market Cap
7%
LithiumRevenue/ Revenue
*Lithium is Albemarle’s highest margin (41%), highest growth (2-3x GDP) business segment
(Source: Albemarle Lithium Day)

10. 10/21
MANAGEMENT HAS DONE IT BEFORE
Paul Matysek
Executive Chairman
Corporate entrepreneur,
professional geochemist and
geologist with over 30 years of
experience in the mining
industry. Has built three
companies in the past decade
and sold all three for
aggregate proceeds of over
$2.3 billion including Lithium
One in 2012.
Brian Paes-Braga
Founder & CEO
Spent almost a decade in the
international financial sector
working with firms ranging in
services from underwriting,
mergers and acquisitions, asset
management, venture capital
and private equity.
Daniel Kriznic
CFO
Chartered Professional
Accountant by trade who
spent 10 years at Deloitte as a
Senior Manager before
joining and building Canada’s
largest privately held
education company to over
$500 million in net asset value
as Executive VP and CFO.
Will Randall
VP Project Dev.
Professional geologist and
qualified person with extensive
exploration and development
experience in the lithium
industry including drill
campaigns in Nevada’s Clayton
Valley and high-altitude salars
in South America.
Fiore Advisory
Corporate Finance
A corporate advisory
company, lead by Gord Keep
and Frank Giustra, responsible
for equity financings,
corporate structures in
creation of new natural
resource companies and
public company
administration

11. Salar de Diablillos
8,156 ha covering the nucleus of Salar de Diablillos
and situated in mining friendly Salta Province
• Access to trucking routes, fresh water, and
sufficient acreage on property for pond
construction
Approximately C$16.2M invested in work on the
property between2010 to 2015:
• Extensive drilling campaign
• 140 Augerholes, 23 Reverse Circulation, 7 Diamond
drill holes, 16 Pumping & Monitoring wells
• Pre-production well & pump tests completed
• 15% effective porosity and high transmissivity
confirmed
• Gravity & seismic survey
• Basin solute transport & production model
Next steps include an updated resource estimate
to measured and indicated followed by a
feasibility study
11/21
SAL DE LOS ANGELES
*Information from January 2011 Rodinia Lithium NI 43-101 completed by AMEC (see
last slide for more information)

12. 12/21
INFRASTRUCTURE WELL ESTABLISHED
Antofagasta port
Industrial Park with
access to natural gas
and rail
Sal de los Angeles
project

13. An Appreciable and High Grade Resource
• Historic NI 43-101 resource
of 2.8 million tonnes
lithium carbonate
equivalent (LCE) & 11.3
million tonnes of potassium
chloride (KCl)
• High grade brine of 592
mg/L Li average
• High grade core >640 mg/L
• Majority of resource in
northern portion of salar
• High production capacity
from wells
• Potential to expand resource
by further drilling of
northern claims
Resource open to
the north
*Figures from January 2011 Rodinia Lithium NI 43-101 completed by AMEC
Lithium X is treating this mineral resource as a historical. This historical estimate also uses descriptions such as "in-situ inferred resource" and "recoverable inferred resource"
that are not recognized terms under the 2014 CIM Definition Standards on Mineral Resources and Mineral Reserves. A qualified person has not done sufficient work to
classify this historical estimate as current mineral resources and the Company is not treating the historical estimate as a current mineral resource for the Sal de los Angeles
Project. Lithium X will be completing an up-to-date mineral resource estimate and technical report done in accordance with current NI 43-101 and CIM standards within 180
days of this press release and will reflect or update the results reported in the PEA.
13/21
SAL DE LOS ANGELES

14. 14/21
SAL DE LOS ANGELES
Production Case: 15,000 tpa LC 25,000 tpa LC
Estimated CapitalInvestment: US$144 million US$220 million
Estimated Operating Expenses:
per tonneLC
per tonneLC with co-productcredits
per tonneKCl
US$1,519/t
(US$703)/t
US$170/t
US$1,486/t
(US$762)/t
US$160/t
Net Present Value (8%): US$561 million US$964 million
IRR: 34% 36%
AnnualAverageCash Flow: US$89 million US$150 million
ProjectedPayback (8%): 1.6 years 1.5 years
Estimated MineLife: 20+ years 20+ years
*Table above from December 2011 Rodinia Lithium PEA completed by SRK Consulting
The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied
to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.
Historic Positive Project Economics

15. Company MarketCapitalization Flagship Asset Ownership Stage Production Potential
Orocobre $462.6 million Olaroz 66.5% Production P1: 17,500 tpa
P2: 20,000 tpa
(January 2016: 699 tons)
Galaxy Resources $246.6 million Sal de Vida 100% Feasibility Study 25,000 tpa
Western Lithium $115 million Cauchari -
Olaroz
100% Feasibility Study 20,000 tpa
Lithium X Energy $37.2 million Sal De Los
Angeles
Option to
earn up to
80%
Preliminary
Economic
Assessment
P1: 15,000 tpa*
P2: 25,000 tpa*
15/21
COMPARABLES
LITHIUM PROJECTS IN ARGENTINA
*Numbers above based on December 2011 Rodinia Lithium PEA completed by SRK Consulting
The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied
to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.

16. 16/21
COMPARABLES
AREA MAP

17. Mining is concentrated primarily in three pro-mining provinces: Salta, San Juan & Santa Cruz
Federal tax incentives include:
• (I) construction IVA re-imbursements, (II) accelerated depreciation of fixed assets (60/20/20),
(III) Fiscal Stability Certificate, (IV) repatriation of funds via loans and dividends
Effective floating of Argentine Peso
• Argentine Pesohas devalued by ~35% against the US Dollar since December following new
President Marci’s appointment, lowering US$ equivalent cost on AR$ operational
denominated costs improving competitiveness for Argentina
Elimination of 5% export duty on lithium carbonate products
(2/24/2016) Major creditorsnear $5 billion deal with Argentina over defaulted bonds
“Ending the litigation would be an historic step for Argentina”
17/21
ARGENTINA
Favorable Conditions and Improved Government
Policy Changes in the past 10 years
>500,000
employedin the mining industry
>10 MINES
put into production

18. 18/21

19. 19/21
CLAYTON VALLEY
HISTORY
1967 2004
2014
First lithium production began
at Silver Peak in Clayton Valley Rockwood Holdings acquired
the property which has been
producing for over 40 years
Rockwood Holdings was
purchased by Albemarle
Corporation for US$6.2 billion
Clayton Valley is known to contain
at least 5 lithium-rich aquifers
Grades ranging from 180 to 420 ppm Li,
and approximately 1:1 Mg:Li ratioLI
Host to the only producing lithium operation in North America,
Albemarle’s Silver Peak

20. 20/21
CLAYTON VALLEY
LiTHIUM X is advancing the largest land package in Clayton Valley
covering approximately 15,020 acres

21. 21/21
CAPITAL STRUCTURE
LIX
ticker
43.8M
issued and outstanding
49.2M
fully diluted
$0.85
price
0
warrants
$4M
cash
$37.2M
market cap
3.6M
options
25%
insider ownership
*All numbers are approximate