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1
Advantage Lithium
Creating one of the Next
Lithium Producers
TSX-V: AAL│OTCQX:AVLIF
April 2017
2
DISCLAIMER & TECHNICAL INFORMATION
Advantage Lithium Corp. │ TSX-V: AAL
The following information may contain forward-looking statements. Forward-looking statements address future events and conditions
and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such
statements.
The Cauchari inferred resource, from the combined northern and southern resource areas, contains an estimated 230 million cubic
metres of brine at ~380 mg/l Li and 3,700 mg/l K. This is equivalent to 470,000 tonnes of lithium carbonate (~88,000 tonnes lithium
metal) and 1.62 million tonnes of potash (KCl - equivalent to ~840,000 tonnes of potassium).
The Lithium Americas’ estimated measured and indicated resource of 3,804 million cubic meters of brine at 585 mg/l Lithium equates to
11.8mt of lithium carbonate. (source: http://lithiumamericas.com/filings/technical-reports/)
All historical resource estimates were completed prior to the implementation of NI 43-101 and the Company has not done the work
necessary to verify the classification of the resource or reserve, they should not be relied upon or considered a defined resource
according to NI 43-101; Except for those properties where NI 43-101 have been completed.
The Cauchari exploration target is defined with a range of 0.25 to 5.6 mt of LCE and 0.9 mt to 16 mt of potash and target grade range of
260 mg/L Li and 2550 mg/L K and 537 mg/L for Li and 5350 mg/l K for the lower and upper ranges. Exploration targets are not mineral
resources. The potential quantity and grade of the exploration target is conceptual in nature, and there has been insufficient exploration
to define a Mineral Resource in the volume where the Exploration Target is outlined. It is uncertain if further exploration drilling will
result in the determination of a Mineral Resource in this volume.
The technical information in this corporate presentation has been prepared in accordance with the Canadian regulatory requirements
set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. Director and Technical Advisor
for Advantage Lithium Corp., a qualified person.
3Advantage Lithium Corp. │ TSX-V: AAL
Market View
Source: Orocobre, March 2017
4
Partnership with one of Argentina’s leading lithium producers
Cauchari JV – 470,000 tonnes1 LCE Inferred Resource2
Top Tier assets in Argentina & Nevada
Ability to Fast Track Development
Track Record of Discovery Success
Top Management & Technical Team, Local Lithium Expertise
Top Tier Lithium Explorer
Advantage Lithium Corp. │ TSX-V: AAL
1See disclaimer and technical information on slide 2
2Lithium Carbonate Equivalent
5
Management & Directors with Record of Success
David Sidoo, BA, OBC, CEO, President & Director
 Strong track record of taking companies from start-up to successful
sale, delivering substantial shareholder value
 Founder and largest shareholder of American Oil & Gas (sold to
Hess in all stock transaction valued at $630M+)
Nick Demare, CPA, CA, Chief Financial Officer
 20+ years of financial administration and management for public
companies in the resources sector
Callum Grant, P. Eng., Non-Exec Director, VP Project Development
 Broad experience from exploration to production with a focus on
South America, and Argentina in particular
 Expertise in exploration, engineering, development and project
management related to lithium and potash in brine
Richard Seville , M.EngSc, MAusIMM, BSC, ARSM. Non-Exec Director
 Since IPO in December 2007, Chief Executive Officer and Managing
Director of Orocobre Ltd, ASX200 company and now major lithium
carbonate producer
 Geologist and Geotechnical engineer with over 30 years experience
Advantage Lithium Corp. │ TSX-V: AAL
Rick Anthon, BA, LLB, FAIM, MAICD, Non-Exec Director
 Over 30 years experience in both corporate and
commercial law as a practicing lawyer
 Extensive experience in the resource sector, as a
director and as legal advisor including project
acquisition and development, capital raising and
corporate governance
Miguel Peral, P. Geol., Non-Exec Director, VP Exploration
 Over 20 years experience in South America
 Exploration Manager for Orocobre
 Part of discovery team for Salar Olaroz, Salar
Cangrejillos, Salar Incahuasi and Salar del Rincon
6
Leading Technical Team
Callum Grant, P. Eng., Non-Executive Director and VP Project Development
 Broad experience from exploration to production with a focus on South America, and
Argentina in particular
 Project expertise in exploration, engineering, development, project management and
economics related to industrial commodities, including lithium and potash in brine
Ross McElroy, P. Geol., Technical Advisor
 PDAC 2014 Bill Dennis Award, The Northern Miner “Mining Person of the Year”
 President, COO and Chief Geologist for Fission Uranium, leading team to success with 2 major
discoveries in 3 years
 Professional geologist with 30 years of experience in mining industry
Miguel Peral, P. Geol., non-executive director, VP Exploration
 Part of discovery team for Salar Olaroz, Salar Cangrejillos, Salar Incahuasi and Salar del Rincon
 Exploration Manager for Orocobre
 Director and General Manager of South American Salars S.A.
 Geological consulting, accomplished prospector and exploration manager
Murray Brooker, P. Geol.
 Principal lithium and potash consultant geologist and hydrogeologist at Hydrominex
Geoscience - exploring and developing salt lake lithium, potassium (SOP and MOP) and borate
projects globally.
 Extensive experience as a lithium consultant, in industrial minerals, brine and groundwater
assessment, base metals and gold exploration and development through South America,
Australia and Asia.
Doug Leishman, BSc. ARSM, Advisory Board Chair
 30+ years in the mining industry. Director of several successful resource companies
 Director of several successful companies, incl, Fortress Minerals Corp. & Terrane Metals Corp.
Advantage Lithium Corp. │ TSX-V: AAL
7
Argentina: Premier Property Portfolio
Advantage Lithium Corp. │ TSX-V: AAL
8
Cauchari JV: Major Growth Potential
Advantage Lithium Corp. │ TSX-V: AAL
Drilling planned April 2017. Permits in
place allowing for up to 12 diamond drill
and 5 rotary holes.
Key exploration target defined with a
range of 0.25 to 5.6 mt of LCE and 0.9
mt to 16 mt of potash.1
Potential to add significant brine volume
at depth and laterally.
Cauchari brines similar to Olaroz
(currently in production) in all important
aspects, including a low magnesium to
lithium ratio.
Exploration target based around total
surface area of 55.44 km2 compared to
the resource of 31km2
1See disclaimer and technical information on slide 2
9Advantage Lithium Corp. │ TSX-V: AAL 9
Cauchari JV North West Exploration Target
Not yet tested and directly south of Orocobre Olaroz,
with same aquifer units interpreted to be present
Cauchari JV Inferred Resource
• Based on 6 shallow drill holes
• Potential Resource untested at depth
Cauchari Cross Section: Exploration Target
Potential
Resource
untested
by drilling
Lithium Americas
Indicated/Measured
Resource
11.8 mt LCE1
Cauchari JV
Inferred Resource
Potential
Resource
untested
by drilling
0m
450m
170m
(1) See pg. 2
10 km
10
Cauchari JV: Accelerated Development Potential
Advantage Lithium Corp. │ TSX-V: AAL
 12 diamond drill and 5 rotary hole exploration program has potential to expand Resource
 Budgeted spending US$7-10 million over next 36 months
 Local expertise with experience on permitting, government and community relations
 Chemistry is similar to nearby Olaroz deposit therefore compatible for processing
 Regional infrastructure allows for accelerated development
 Partnership with Orocobre provides development options
Q4, 2016
Initial Resource Estimate
Technical Report
Q1, 2017
Drill Program Focused on
Major Exploration Target
Q1, 2018
Updated Resource
Estimate & Pre-Feasibility
Q1, 2019
Feasibility Study &
Permitted Project
11
Antofalla
Advantage Lithium Corp. │ TSX-V: AAL
 10,653 ha in the prospective Antofalla salar in
the Salta and Catamarca Provinces
 Pit samples returning results of 250 ppm
lithium & 2,500 ppm potassium
 Albemarle anticipates their recent acquisition
will host one of the largest lithium resources
in Argentina
12
Incahuasi
Advantage Lithium Corp. │ TSX-V: AAL
 Located in Salta province
 Property Area: 9,843 ha
 Pit sampling returning results up to 326
ppm lithium & 13,200 ppm potassium
 Highest potassium values among the
Argentine salars
13
Guayatayoc
Advantage Lithium Corp. │ TSX-V: AAL
 Located in Jujuy province, 30 km north of
Salinas Grandes salar
 Property Area: 21,276 ha
 Pit samples returning results of 200 ppm
lithium & 7,000 ppm potassium
 Low Magnesium/Lithium ratio
14Advantage Lithium Corp. │ TSX-V: AAL
5 Projects In Clayton Valley Region, Nevada
Home to Albemarle’s Silver Peak Mine – North America’s Only Lithium Producer
15Advantage Lithium Corp. │ TSX-V: AAL
Drilling Success at Clayton NE
Clayton NE project
 Immediately adjacent to
Albemarle’s Silver Peak Lithium
production.
 All six holes hit lithium brine,
with five holes hitting over 200
ppm Lithium values with strong
brine flow and wide intercepts.
 Hole CNE-16-04 hits 243.44 mg/l
over 426.72 meters March ‘17*
100% drilling success rate, strong grades and brine flow and 5.54km mineralized brine
trend
* 1 mg/l = 1 ppm
16
SHARE STRUCTURE
Advantage Lithium
Shares Outstanding
Daily Trading Average
Market Cap
Cash
March 31, 2017
TSX-V: AAL
134,311,471*
408,470
$65.7M Cdn
~$21M Cdn
Advantage Lithium Corp. │ TSX-V: AAL
* 41.6% insider ownership in pooling lockup agreement over 18 months
17Advantage Lithium Corp. │ TSX-V: AAL
 One of Argentina’s leading lithium producers and one of the world’s five primary producers.
 Currently producing from its advanced brine project in Olaroz, Argentina (JV with JEMSE [8.5%] and Toyota
Tsusho [25%]).
 Highly efficient and profitable operation at Olaroz thanks to advanced design and experienced workforce.
 Olaroz Plant: 17,500 tpa capacity and recently announced plans to expand to 35,000 tpa.
 Approximately 80% utilization rate and profit margins in excess of USD$6500/t.
 Dominant land package in Argentina’s lithium triangle and strong working relationships with government and
local communities.
Orocobre: Advantage Lithium’s New Partner
APPENDIX
18
Cauchari JV: Resource Overview
Advantage Lithium Corp. │ TSX-V: AAL
 Inferred resource based on 6 drill holes drilled in north and south zones
 Exploration target open at depth and laterally
 Attractive chemistry, similar to nearby Olaroz and LAC Cauchari
Brine body Parameters Average Resource
Concentrations
Tonnes Contained
Inferred
Resource Area
Area
(km2)
Average
Thickness (m)
Mean Specific
Yield (%)
Brine Volume
(million m3)
Lithium
(mg/L)
Potassium
(mg/L)
Lithium Potassium Lithium
Carbonate
Potash (KCI)
North 0-170m 19.69 170 6.1 204 400 3,800 81,000 780,000 430,000 1,500,000
South 0-50m 11.35 50 4.6 26.0 260 2,500 7,000 60,000 40,000 120,000
Combined 31.04 230 380 3,700 88,000 840,000 470,000 1,620,000
Current Resources
Exploration Target
 Potential for continuation of the Olaroz brine hosting aquifers directly into the Cauchari
tenements beneath the Archibarca alluvial fan.
 The exploration target defined is based around a total surface area of 55.44 km2 compared to
the resource of 31km2
 Target quantity range of 0.25 to 5.6 mt of LCE and 0.9 mt to 16 mt of potash and target grade
range of 260 mg/L Li and 2550 mg/L K and 537 mg/L for Li and 5350 mg/l K for the lower and
upper ranges 1
1See disclaimer and technical information on slide 2
APPENDIX
19
CONTACT ADVANTAGE LITHIUM
David Sidoo – david@advantagelithium.com
Max Sali – max@advantagelithium.com
Head Office
1305-1090 West Georgia, Vancouver, BC,
Canada V6E 3V7
Email: info@advantagelithium.com
Phone: +1 778 788 5584
Nick Demare, CFO, Corporate Secretary
ndemare@chasemgt.com
Advantage Lithium Corp. │ TSX-V: AAL
Further maps and information covering all of our assets
can be found on the projects page of our website: www.advantagelithium.com

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Advantage Lithium Corporate Presentation

  • 1. 1 Advantage Lithium Creating one of the Next Lithium Producers TSX-V: AAL│OTCQX:AVLIF April 2017
  • 2. 2 DISCLAIMER & TECHNICAL INFORMATION Advantage Lithium Corp. │ TSX-V: AAL The following information may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Cauchari inferred resource, from the combined northern and southern resource areas, contains an estimated 230 million cubic metres of brine at ~380 mg/l Li and 3,700 mg/l K. This is equivalent to 470,000 tonnes of lithium carbonate (~88,000 tonnes lithium metal) and 1.62 million tonnes of potash (KCl - equivalent to ~840,000 tonnes of potassium). The Lithium Americas’ estimated measured and indicated resource of 3,804 million cubic meters of brine at 585 mg/l Lithium equates to 11.8mt of lithium carbonate. (source: http://lithiumamericas.com/filings/technical-reports/) All historical resource estimates were completed prior to the implementation of NI 43-101 and the Company has not done the work necessary to verify the classification of the resource or reserve, they should not be relied upon or considered a defined resource according to NI 43-101; Except for those properties where NI 43-101 have been completed. The Cauchari exploration target is defined with a range of 0.25 to 5.6 mt of LCE and 0.9 mt to 16 mt of potash and target grade range of 260 mg/L Li and 2550 mg/L K and 537 mg/L for Li and 5350 mg/l K for the lower and upper ranges. Exploration targets are not mineral resources. The potential quantity and grade of the exploration target is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource in the volume where the Exploration Target is outlined. It is uncertain if further exploration drilling will result in the determination of a Mineral Resource in this volume. The technical information in this corporate presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. Director and Technical Advisor for Advantage Lithium Corp., a qualified person.
  • 3. 3Advantage Lithium Corp. │ TSX-V: AAL Market View Source: Orocobre, March 2017
  • 4. 4 Partnership with one of Argentina’s leading lithium producers Cauchari JV – 470,000 tonnes1 LCE Inferred Resource2 Top Tier assets in Argentina & Nevada Ability to Fast Track Development Track Record of Discovery Success Top Management & Technical Team, Local Lithium Expertise Top Tier Lithium Explorer Advantage Lithium Corp. │ TSX-V: AAL 1See disclaimer and technical information on slide 2 2Lithium Carbonate Equivalent
  • 5. 5 Management & Directors with Record of Success David Sidoo, BA, OBC, CEO, President & Director  Strong track record of taking companies from start-up to successful sale, delivering substantial shareholder value  Founder and largest shareholder of American Oil & Gas (sold to Hess in all stock transaction valued at $630M+) Nick Demare, CPA, CA, Chief Financial Officer  20+ years of financial administration and management for public companies in the resources sector Callum Grant, P. Eng., Non-Exec Director, VP Project Development  Broad experience from exploration to production with a focus on South America, and Argentina in particular  Expertise in exploration, engineering, development and project management related to lithium and potash in brine Richard Seville , M.EngSc, MAusIMM, BSC, ARSM. Non-Exec Director  Since IPO in December 2007, Chief Executive Officer and Managing Director of Orocobre Ltd, ASX200 company and now major lithium carbonate producer  Geologist and Geotechnical engineer with over 30 years experience Advantage Lithium Corp. │ TSX-V: AAL Rick Anthon, BA, LLB, FAIM, MAICD, Non-Exec Director  Over 30 years experience in both corporate and commercial law as a practicing lawyer  Extensive experience in the resource sector, as a director and as legal advisor including project acquisition and development, capital raising and corporate governance Miguel Peral, P. Geol., Non-Exec Director, VP Exploration  Over 20 years experience in South America  Exploration Manager for Orocobre  Part of discovery team for Salar Olaroz, Salar Cangrejillos, Salar Incahuasi and Salar del Rincon
  • 6. 6 Leading Technical Team Callum Grant, P. Eng., Non-Executive Director and VP Project Development  Broad experience from exploration to production with a focus on South America, and Argentina in particular  Project expertise in exploration, engineering, development, project management and economics related to industrial commodities, including lithium and potash in brine Ross McElroy, P. Geol., Technical Advisor  PDAC 2014 Bill Dennis Award, The Northern Miner “Mining Person of the Year”  President, COO and Chief Geologist for Fission Uranium, leading team to success with 2 major discoveries in 3 years  Professional geologist with 30 years of experience in mining industry Miguel Peral, P. Geol., non-executive director, VP Exploration  Part of discovery team for Salar Olaroz, Salar Cangrejillos, Salar Incahuasi and Salar del Rincon  Exploration Manager for Orocobre  Director and General Manager of South American Salars S.A.  Geological consulting, accomplished prospector and exploration manager Murray Brooker, P. Geol.  Principal lithium and potash consultant geologist and hydrogeologist at Hydrominex Geoscience - exploring and developing salt lake lithium, potassium (SOP and MOP) and borate projects globally.  Extensive experience as a lithium consultant, in industrial minerals, brine and groundwater assessment, base metals and gold exploration and development through South America, Australia and Asia. Doug Leishman, BSc. ARSM, Advisory Board Chair  30+ years in the mining industry. Director of several successful resource companies  Director of several successful companies, incl, Fortress Minerals Corp. & Terrane Metals Corp. Advantage Lithium Corp. │ TSX-V: AAL
  • 7. 7 Argentina: Premier Property Portfolio Advantage Lithium Corp. │ TSX-V: AAL
  • 8. 8 Cauchari JV: Major Growth Potential Advantage Lithium Corp. │ TSX-V: AAL Drilling planned April 2017. Permits in place allowing for up to 12 diamond drill and 5 rotary holes. Key exploration target defined with a range of 0.25 to 5.6 mt of LCE and 0.9 mt to 16 mt of potash.1 Potential to add significant brine volume at depth and laterally. Cauchari brines similar to Olaroz (currently in production) in all important aspects, including a low magnesium to lithium ratio. Exploration target based around total surface area of 55.44 km2 compared to the resource of 31km2 1See disclaimer and technical information on slide 2
  • 9. 9Advantage Lithium Corp. │ TSX-V: AAL 9 Cauchari JV North West Exploration Target Not yet tested and directly south of Orocobre Olaroz, with same aquifer units interpreted to be present Cauchari JV Inferred Resource • Based on 6 shallow drill holes • Potential Resource untested at depth Cauchari Cross Section: Exploration Target Potential Resource untested by drilling Lithium Americas Indicated/Measured Resource 11.8 mt LCE1 Cauchari JV Inferred Resource Potential Resource untested by drilling 0m 450m 170m (1) See pg. 2 10 km
  • 10. 10 Cauchari JV: Accelerated Development Potential Advantage Lithium Corp. │ TSX-V: AAL  12 diamond drill and 5 rotary hole exploration program has potential to expand Resource  Budgeted spending US$7-10 million over next 36 months  Local expertise with experience on permitting, government and community relations  Chemistry is similar to nearby Olaroz deposit therefore compatible for processing  Regional infrastructure allows for accelerated development  Partnership with Orocobre provides development options Q4, 2016 Initial Resource Estimate Technical Report Q1, 2017 Drill Program Focused on Major Exploration Target Q1, 2018 Updated Resource Estimate & Pre-Feasibility Q1, 2019 Feasibility Study & Permitted Project
  • 11. 11 Antofalla Advantage Lithium Corp. │ TSX-V: AAL  10,653 ha in the prospective Antofalla salar in the Salta and Catamarca Provinces  Pit samples returning results of 250 ppm lithium & 2,500 ppm potassium  Albemarle anticipates their recent acquisition will host one of the largest lithium resources in Argentina
  • 12. 12 Incahuasi Advantage Lithium Corp. │ TSX-V: AAL  Located in Salta province  Property Area: 9,843 ha  Pit sampling returning results up to 326 ppm lithium & 13,200 ppm potassium  Highest potassium values among the Argentine salars
  • 13. 13 Guayatayoc Advantage Lithium Corp. │ TSX-V: AAL  Located in Jujuy province, 30 km north of Salinas Grandes salar  Property Area: 21,276 ha  Pit samples returning results of 200 ppm lithium & 7,000 ppm potassium  Low Magnesium/Lithium ratio
  • 14. 14Advantage Lithium Corp. │ TSX-V: AAL 5 Projects In Clayton Valley Region, Nevada Home to Albemarle’s Silver Peak Mine – North America’s Only Lithium Producer
  • 15. 15Advantage Lithium Corp. │ TSX-V: AAL Drilling Success at Clayton NE Clayton NE project  Immediately adjacent to Albemarle’s Silver Peak Lithium production.  All six holes hit lithium brine, with five holes hitting over 200 ppm Lithium values with strong brine flow and wide intercepts.  Hole CNE-16-04 hits 243.44 mg/l over 426.72 meters March ‘17* 100% drilling success rate, strong grades and brine flow and 5.54km mineralized brine trend * 1 mg/l = 1 ppm
  • 16. 16 SHARE STRUCTURE Advantage Lithium Shares Outstanding Daily Trading Average Market Cap Cash March 31, 2017 TSX-V: AAL 134,311,471* 408,470 $65.7M Cdn ~$21M Cdn Advantage Lithium Corp. │ TSX-V: AAL * 41.6% insider ownership in pooling lockup agreement over 18 months
  • 17. 17Advantage Lithium Corp. │ TSX-V: AAL  One of Argentina’s leading lithium producers and one of the world’s five primary producers.  Currently producing from its advanced brine project in Olaroz, Argentina (JV with JEMSE [8.5%] and Toyota Tsusho [25%]).  Highly efficient and profitable operation at Olaroz thanks to advanced design and experienced workforce.  Olaroz Plant: 17,500 tpa capacity and recently announced plans to expand to 35,000 tpa.  Approximately 80% utilization rate and profit margins in excess of USD$6500/t.  Dominant land package in Argentina’s lithium triangle and strong working relationships with government and local communities. Orocobre: Advantage Lithium’s New Partner APPENDIX
  • 18. 18 Cauchari JV: Resource Overview Advantage Lithium Corp. │ TSX-V: AAL  Inferred resource based on 6 drill holes drilled in north and south zones  Exploration target open at depth and laterally  Attractive chemistry, similar to nearby Olaroz and LAC Cauchari Brine body Parameters Average Resource Concentrations Tonnes Contained Inferred Resource Area Area (km2) Average Thickness (m) Mean Specific Yield (%) Brine Volume (million m3) Lithium (mg/L) Potassium (mg/L) Lithium Potassium Lithium Carbonate Potash (KCI) North 0-170m 19.69 170 6.1 204 400 3,800 81,000 780,000 430,000 1,500,000 South 0-50m 11.35 50 4.6 26.0 260 2,500 7,000 60,000 40,000 120,000 Combined 31.04 230 380 3,700 88,000 840,000 470,000 1,620,000 Current Resources Exploration Target  Potential for continuation of the Olaroz brine hosting aquifers directly into the Cauchari tenements beneath the Archibarca alluvial fan.  The exploration target defined is based around a total surface area of 55.44 km2 compared to the resource of 31km2  Target quantity range of 0.25 to 5.6 mt of LCE and 0.9 mt to 16 mt of potash and target grade range of 260 mg/L Li and 2550 mg/L K and 537 mg/L for Li and 5350 mg/l K for the lower and upper ranges 1 1See disclaimer and technical information on slide 2 APPENDIX
  • 19. 19 CONTACT ADVANTAGE LITHIUM David Sidoo – david@advantagelithium.com Max Sali – max@advantagelithium.com Head Office 1305-1090 West Georgia, Vancouver, BC, Canada V6E 3V7 Email: info@advantagelithium.com Phone: +1 778 788 5584 Nick Demare, CFO, Corporate Secretary ndemare@chasemgt.com Advantage Lithium Corp. │ TSX-V: AAL Further maps and information covering all of our assets can be found on the projects page of our website: www.advantagelithium.com