CANADIAN METALSA SUSTAINABLE DEVELOPMENT REFERENCE

CANADIAN METALS INC.CSE: CME

W W W. C A N A D I A N M E TA L S I N C . C O M

Some statements contained herein may constitute "forward-looking statements". All statements in this document that relate to future events, situations or results, including the prefeasibility study, the feasibility study, its funding, its timetable, the hybrid �ex project, jobs, investments to realize the project and the potential performance of the project, production and environmental footprint of the silicon plant, are forward-looking statements. We recognize the forward-looking nature of these statements in the use of verbs such as "may", "must", "anticipate", "think", "hope", "estimate", "believe" or "continue" Conditional, or the use of terms such as "plan" or "future" or variants, including the negative. These forward-looking statements are based on certain management assumptions and analyzes based on our experience and perception of historical trends, current conditions and expected future developments, and such other factors as we consider appropriate given the circumstances. These statements involve risks, uncertainties and assumptions such as those described in the continuing disclosure documentation available under the Company's SEDAR pro�le (www.sedar.com). Many of these risks and uncertainties are beyond the control of the Company and could cause actual results to di�er materially from those expressed or implied by such forward-looking statements. In making forward-looking statements, management relies on a number of factors and assumptions, based on information currently available, but there can be no assurance that such information will prove to be accurate. All forward-looking statements are expressly quali�ed as a result of the foregoing cautionary statement. The Company is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information or future

events, unless speci�cally required by applicable law.

BAIE-COMEAU SILICON PLANT A MODEL OF INTEGRATION

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Silicon: a product supportingsustainable development

Hydroelectricity as a sourceof renewable energy

Hiring and development of the local and regional workforce

Use of existing transportinfrastructure

Partnership with the localcommunity

Advanced technologies

Business valuation of co-products

A MODEL OF INTEGRATION

BUILDING A WORLD CLASS COMPANY

Canadian Metals, Baie-Comeau, Canada

IN THE SILICON INDUSTRY

BAIE-COMEAU SILICON PLANT A MODEL OF INTEGRATION

AN OVERVIEW OF THE PROJECT

PROMOTERCanadian Metals Inc.

CHOSEN SITEPort industrial zone of Baie-Comeau

THE PLANT PHASE 1One electric arc furnacePower from the Hydro-Quebec network

RAW MATERIALSQuartzCoalWood chips

PRODUCTION PROCESSReduction of silicon oxide (contained in quartz ore) in electric arc furnaces

PRODUCTSSilicon (10 to 100 mm)Silica fume (co-product used as an additive in concrete)Slag (co-product used for manganese alloys)

BAIE-COMEAU SILICON PLANT A MODEL OF INTEGRATION

AN OVERVIEW OF THE PROJECTPRODUCTION CAPACITY

18,000 tons of silicon per year4,000 tons of silica fume per year (by-product)1,000 tons of slag per year (by-product)

PRIMARY CLIENTELEProducers of aluminum-silicon alloys, silicone materials and silicon forphotovoltaic applications (solar energy)

MARKETGlobal

INVESTMENTApprox. $150 million CAD

PLANNED SCHEDULE2019: Beginning of the construction2021: Startup of the first furnace2023: Expansion

JOBSFor construction: about 450Direct (operation of the plant): about 75Indirect (transport, subcontracting, services, etc.): approximately 300

BAIE-COMEAU SILICON PLANT A MODEL OF INTEGRATION

AN INVESTMENT OF $ 150 MILLIONS CADCANADIAN METALS INC. intends to build a silicon plant in Baie-Comeau. The plant will have a production capacity of 18,000 tons per year. It will be equipped with one electric arc reduction furnace of 25 MW .

BUILDING A

SILICONPLANT

WORLD CLASS

Canadian Metals is a Quebec company

Our team at Canadian Metals has a wealth of experience in the development of industrial and mining projects.The Baie-Comeau plant will benefit from this know-how in addition to using the latest technologies available.

A strategic location

The Canadian Metals plant will be built in the Baie-Comeau industrial port zone, away from residential areas. This site also benefits from the proximity of industrial partners and an efficient infrastructure for maritime transport as well as rail and road transport.

The Baie-Comeau site brings together all the elements that allow Canadian Metals to truly implement its model of integration:

Possible industrial synergiesAbundance of ligneous material nearbyVertical Integration of the Supply Chain

Reliable and Competitive Power SupplyAdditional quartz supply

SILICON PRODUCTS

THE GLOBAL SILICON MARKET

Aluminum

Machines

Electricity

Packaging

Automotive

Construction

Consumer goods

Silicones

Medical applications

Beauty products

Construction

Electronics

Technical textiles

Electrical insulation

Culinary applications

Transport applications

Photovoltaics

Solar panels

Computer chips

The aluminum market currently accounts for almost 50% of the silicon outlets. In 10 years,photovoltaic applications will become the primary market.

BAIE-COMEAU SILICON PLANT A MODEL OF INTEGRATION

Canadian Metals will team up with partners in the region to ensurebeneficial integration of its activities for both the community

and the company.

As a first step, Canadian Metals will carry out its definitive feasibility study for its industrial project in Baie-Comeau. In pursuing the implementation

of its integration model, Canadian Metals will rely on:

Vertical integration for the production of

very high purity silicon alloy

Hiring and development of local and regional

workforce

The commercial valuation of co-products

The recovery of ligneous material

Partnerships with the community

Acquisition of goods and services in the region

Use of maritime transport and rail

infrastructure

PHASE1

PRE-FEASIBILITYSite selection

Market research

Technical andfinancial studies

PHASE2

DECISION Project Notification

Implementation of an operational office inBaie-Comeau

PHASE3

FEASIBILITYEvaluation of supplysources

Detailed engineering

Financial arrangement

PHASE4

DECREEGovernmentauthorizationto build

PHASE5

CONSTRUCTIONPlanned in 2019-2020

Duration: about 15 months

PHASE6

EXPLOITATIONProgressive start-up

1st furnace 2021

Full production: 1-5 years

Project Implementation Phases

BAIE-COMEAU SILICON PLANT A MODEL OF INTEGRATION

Stéphane Leblanc Chief Executive O�cer, Director

President

Mr. Leblanc is an entrepreneur with over 16 years of experience. He participated in activities of all aspects from sales and market-ing, public relations, communications, corporate �nance; including strategic advisory services, mergers and acquisitions, raising private capital, savings (Initial Public O�erings and RTO), listing on the Toronto Stock Exchange, Canadian Stock Exchange, OTC and other international exchanges. Mr. Leblanc has participated in many small-cap companies successes as VP of business under his personal holding company development.Mr. Leblanc also collaborated with several companies: Pershimco Resources, Focus Graphite, Adventure Gold, Glen Eagle Resources, Knick Exploration, Active Growth Capital and several other companies for the sale of properties.

Patsie Ducharme CPA, CGA

SENIOR MANAGEMENT

VP Finance, Chief Financial O�cer

Patsie Ducharme is a CPA with over 27 years of work experience, mainly spent in the manufacturing sector of pulp, paper, forest-ry and packaging. She has over 10 years of experience as a Chief Financial O�cer with the following private and public entities: Elopak Inc., Fibrek Inc. and Malette Industries Inc. Previously, she held various progressive �nancial positions for 12 years with Tembec Inc, which was also a public company. Ms. Ducharme is also a Board Member and Audit Committee Member of Kruger Specialty Papers Holding, representing Investissement Québec. In addition to her business mindset and extensive experience in manufacturing operations, she held lead roles in �nancing, investor relations and mergers and acquisitions. Throughout her career, Ms. Ducharme has actively and successfully participated in the development and execution of strategic plans that includ-ed many large construction projects and major capital expenditures. Canadian Metals will bene�t from her �nancial knowledge linked to strategic development and execution in natural resource and commodity sectors.

René Boisvert

Mr. René Boisvert is an electrical engineer graduated from Laval university in Quebec City in 1980. He has 30 years of experience in the production of ferrosilicon and silicon. He has also been responsible for the design and construction of many di�erent production units. After 5 years as project engineer and �eld manager for CMQC in Port-Cartier and F.A. Tucker in Laval, he started in ferroalloys in 1986 for SKW Canada Inc. in Becancour as electrical engineer. He was promoted to Technology Manager in 1995 and Engineering and Technology Manager in 1997. In 2001 he became Vice-President Operations of the plant and President and CEO of Becancour Silicon Inc ( Quebec Silicon LP ) from 2006 to 2016. Furthermore from 2005 to 2012 Mr. Boisvert was responsible for international sales to all the major accounts of the foundry, aluminum, silicones, polysilicon and solar industries. Mr. Boisvert obtained many patents on electrode design and silicon puri�cation and is the author of numerous papers and presentations at the most important meetings on arc furnaces, silicon, ferrosilicon and solar silicon.

Vice President, Corporate DevelopmentSean Tu�ord

Sean has an extensive background within the capital markets, with exceptionally loyal relationships, being a known entity already within the mining industry and has worked in a similar capacity with other development and production staged mineral resource companies in Canada, USA, and Mexico including Linear Metals, Linear Gold, Brigus Gold, GoGold Resources, and Zephyr Minerals. He has many years of experience in the investor relations and capital markets realm, with strong personal connections to the international �nancial community and a defensible track record of increasing market cap in di�cult times, analyst cover-age, writer’s coverage, and powerful lasting relationships for previous companies.

BAIE-COMEAU SILICON ALLOY PLANT A MODEL OF INTEGRATION

Michel G. Gagnon, IAS.A – DirectorMichel G. Gagnon is a renowned businessman who has held the position of Vice President of Finance and Business Development at Aluminerie Alouette, one of the largest aluminum smelters in the world. Lately, he was President of a large energy project based in the province of Quebec and is currently back into the light metal industry. He is a specialist of corporate governance and sits on the board of several private and public companies. He is a member of the Institute of Corporate Director.

Victor Cantore – DirectorMr. Cantore began his investment career in 1992 as an advisor for Tasse & Associates. In 1993 he moved to RBC Dominion Securities, one of the largest brokerage �rms in Canada. Since 1999, Mr. Cantore has worked with both public and private companies organizing and structuring �nancings mainly in the resource and high tech sector. Mr. Cantore has held directorships on the board of various companies both private and public, Mr. Cantore work for Nemaska Lithium (Investor Relations).

BOARD OF DIRECTORS

Paul Dumas – DirectorExecutive Vice President, Finance & CFO at Osisko Metals Incorporated, Mr. Dumas has over 35 years of Corporate Finance and Investment Banking experience. Since 2008 and until its recent name change and successful reorganization to Osisko Metals Incorporated, Mr. Dumas was President and Chief Executive O�cer of Bowmore Exploration Ltd. Prior to that, he was owner and President of Dumas Asset Management, a private corporation providing �nancial advisory and consulting services since 1996. Formerly, he was an Investment Advisor at RBC Dominion Securities Inc, as well as an accountant for Price Waterhouse Coopers LLP. Mr. Dumas has served as Director and held Executive positions for numerous public companies in the mining industry as well as the technology sector. Mr. Dumas holds a Bachelor’s degree in Commerce with an Accounting major.

Ghita Ouaziz. – Director

Ghita Ouaziz, holds currently the position of COO at Shawinigan Aluminum Inc and is in charge of Production, Technical services and Environment. Ms. Ouaziz obtained a Bachelor’s degree in Mechanical Engineering, specialised in Aerospace from “École Polytechnique de Montréal”. She got a Master’s degree in Applied Science from the Department of Metallurgical Engineering and graduated in 2013 from HEC Montreal, with a specialised graduate diploma in Management. Ms. Ouaziz s an engineer of the “Ordre des ingénieurs du Québec”.

Guy Simard – Director

Mr. Simard has more than twenty years as CEO and business development o�cer for organizations in the areas of economic and regional development in Quebec. He has assisted many entrepreneurs and small and medium enterprises in the realization of investment projects and technical feasibility studies in various business sectors, mainly in the natural ressources (mining,forest-ry,energy) and metallurgy. He is currently the industrial development director for Innovation & development Manicouagan on the north shore region of Quebec. Mr. Simard is an o�cer on numerous boards of directors of public and private companies. He has been chairman of the Manicouagan regional health and social services, an organization of 1 350 employees and has an oper-ating budget of $100M million for the waiver health service for a population of over 50,000 people.

Javier Bullón, Eng. – Technical AdvisorMr. Javier Bullón, a professional engineer with a Mechanical Engineering Degree from the University of Madrid in Spain, has 41 years of experience in ferroalloys and specializes in the production of silicon metal. After 10 years as a plant manager in the Sabon silicon plant in Spain, where the new electrode technology Elsa-composite was developed, he became the R&D General Manager of the FerroAtlántica Group, the �rst global silicon metal producer in the world. During the last 20 years as R&D Manager, he has had the opportunity to visit and work in many western world silicon plants to change the electrode in the most important companies of this sector. He also devel-oped other important technologies like the copper casting machine, the microsilica market, the factory automation, etc. In the last 10 years he developed the Project of the metallurgical way for the silicon solar quality. He strongly participated in FerroAtlántica's important acquisition of Hidro Nitro (manga-nese plant) and Pechiney Electrometallurgy, today FerroPem as well as many other due dilligence and other companies like Timminco Solar, Emix in France, etc. He has patents and also presented many publications and papers at the most important silicon and ferroalloy congress. He is now a consultant and a professor “ad honorem” at the Santiago de Compostela Univer-sity and a renowned technical expert in France.

ADVISORY BOARD

Pierre Renaud – AdvisorMr. Pierre Renaud, counsel and head of the Environmental Law Group for the Québec region at McCarthy Tetrault LLP, has 29 years of experience in environmental law. He acts as a strategic advisor to clients and provides guidance from the earliest project stages on matters such as sustainable development, social acceptability, the environmental authorization process, consultation and public participation processes. As former president of the Bureau d’audiences publiques sur l’environne-ment (BAPE) from 2007-2012, he was in charge of appointing and monitoring over 40 commissions of inquiry (public hearings/mediation), in addition to managing and tabling reports with Québec’s environment minister on a variety of speci�c initiatives.

BOARD OF DIRECTORS

Roger Urquhart – DirectorRoger Urquhart is a graduate of McGill University in Montreal, he received his B.Eng./M.Eng. Metallurgy in 1968 and 1970. He also received his Ph.D. Metallurgy from the University of Witwatersrand, Johannesburg in 1973. He worked as Research Engineer from 1970-74 at Mintek in Johannesburg and from 1974-76 at QIT-Fer et Titane in Tracy. He then joined Chromasco in Beauharnois as Plant Metallurgist and Director of Metallurgy from 1976-80. From 1980 to 2012, at Fenco Lavalin, SNC-Lavalin and Hatch, in various functions as Director of Metallurgy and Vice-President he participated and was responsible for numerous feasibility studies, project executions and due diligence. Much of his career is dedicated to ferroalloys including many silicon projects. He is the author of numerous technical papers and presentations at all the major metallurgy conferences.

BAIE-COMEAU SILICON PLANT A MODEL OF INTEGRATION

CONTACT US

www.canadianmetalsinc.com

RENÉ BOISVERTPRESIDENTRBOISVERT@CANADIANMETALSINC.COM

SEAN TUFFORDVICE PRESIDENT, CORPORATE DEVELOPMENTSEAN@CANADIANMETALSINC.COM

PATSIE DUCHARMEVP FINANCE & CHIEF FINANCIAL OFFICERPDUCHARME@CANADIANMETALSINC.COM

STÉPHANE LEBLANCCHIEF EXECUTIVE OFFICERSLEBLANC@CANADIANMETALSINC.COM

STOCK INFORMATION CAPITAL STRUCTURE

CSE : CMEShare Price (12 mo range): $0,05 - $0,20

Common shares: 115,12,37Warrants + Options: 46.3 M Fully Diluted: 161.9 M Debt: ?? convertible debenture

About Canadian Metals

Canadian Metals is a diversified resource company focused on creating shareholder value through the development of

large-scale industrial mineral portfolios in specific commodities and jurisdictions that will fuel the new energy economy. The

Company is uniquely positioned to pursue this strategy and controls significant interest in silicon and base metal assets through-

out North America. Our main activities are directed towards the development of Langis project, a high-purity silica deposit locat-

ed in the province of Quebec with fully permitted with the BEX and the certificate of authorization from the MDDELCC. The

Company is rapidly positioning itself as a supplier of high-purity silica and silicon alloy in North America. Silicon-based materials

can be formulated to provide a broad range of products from more durable, faster building materials with smarter electronic

devices, solar panels, and more efficient wind turbines. We expect to become a global supplier for a number of industries and

applications but without limitation: glass, ceramics, lighting, oil and gas, paint, plastic, and rubber. We also want to become an

integrated supplier to metallurgical industries including foundries, and participate in a wide range of civil, industrial, environmen-

tal, and related applications. These target markets are an integral part of the lives of millions of people every day.