Looking Forward Statements

This presentation contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended. The estimated resources at the Western Rare Earths’ projects, including but not limited to the La Paz Rare Earth project, potential recoverability of resources, estimated homogeneous distribution of minerals, any economic assessments including but limited to the estimated Initial Capex, NPV, payback period, initial Life of Mine, Life of Mine gross revenue, Life of Mine OpEx, production profile, projected revenue sources and projected operating expenditures, the potential scandium, hafnium, zirconium, uranium, and thorium mineralization at any property, anticipated inclusion of non-REEs, and uranium in future economic analyses, possible whole rock recoveries, anticipated climate, labor and regulation at any Western Rare Earths’ project, potential market, demand and values for REEs, including ytterbium, neodymium, praeseodymium, dysprosium, terbium, erbium, holmium, thulium, lutetium and thorium, and the likely business friendly environment in Arizona, Wyoming and/or Nevada are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of mineralized material and mineral resource estimates, risks related to projected and estimated economics not reflecting actual economic results due to the uncertainty of mining processes, potential non-uniform sections of mineralized material, potential mining hazards and accidents, changes in equipment and labor costs, changes in projected REE prices and demand, competition in the REE industry, risks related to project development determinations, the inherently hazardous nature of mining-related activities, potential effects on the Company’s operations of environmental regulations, risks due to legal proceedings, liquidity risks and risks related to uncertainty of being able to raise capital on favorable terms or at all, as well as those factors discussed in documents filed with the U.S. Securities and Exchange Commission. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, the Company assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.