Disclaimer

This presentation (the “Presentation”) has been prepared by Strategic Minerals Europe Corp. (“Strategic Minerals Europe” or the “Company”) solely for informational purposes. None of Strategic

Minerals Europe, its affiliates or any of their respective employees, directors, officers, contractors, advisors, members, successors, representatives or agents make any representation or warranty as to the accuracy or completeness of any information contained in this Presentation and shall have no liability for any representations (expressed or implied) contained in, or for any omissions from, this

Presentation. This Presentation shall not constitute an offer, nor a solicitation of an offer, of the sale or purchase of securities. This Presentation does not constitute an offering of securities of Strategic Minerals Europe and under no circumstances is it to be construed as a prospectus or advertisement or public offering of securities.

The information contained in this presentation does not purport to contain all the information that may be necessary or desirable to fully and accurately evaluate an investment in securities of the Company and is not to be considered as a recommendation by the Company that any person make an investment in the Company. The information in this presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. This presentation should not be construed as legal, financial or tax advice to any individual, as each individual’s circumstances are different. Readers should consult with their own professional advisors regarding their particular circumstances.

Market and Industry Data

This Presentation includes market and industry data that has been obtained from third party sources. Strategic Minerals Europe believes that the industry data is accurate and that the estimates and assumptions are reasonable, but there is no assurance as to the accuracy or completeness of this data. Third party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there is no assurance as to the accuracy or completeness of included information. Although the data is believed to be reliable, Strategic Minerals Europe has not independently verified any of the data from third party sources referred to in this Presentation or ascertained the underlying economic assumptions relied upon by such sources. References in this Presentation to research reports or to articles and publications should be not construed as depicting the complete findings of the entire referenced report or article. Strategic Minerals Europe does not make any representation as to the accuracy of such information.

Cautionary Statement Regarding Technical Information – PENOUTA and ALBERTA II

This Presentation contains information regarding mineral resources estimated at the Company’s mineral projects, the Penouta Project and the Alberta II Project, referenced herein, as extracted from Strategic Minerals Europe’s filing statement dated December 6, 2021 and available on www.sedar.com (the “Filing Statement”). Mineral resources are not mineral reserves and do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, socio-political, marketing, or other relevant issues. In particular, the quantity and grade of reported inferred mineral resources are uncertain in nature and there is insufficient exploration to define these inferred mineral resources and an indicated or measured mineral resource in all cases. It is uncertain in all cases whether further exploration will result in upgrading the inferred mineral resources to an indicated or measured mineral resource category.

For the key assumptions, parameters and methods used to estimate the mineral resources presented in respect of the Penouta Operations, please see the technical report pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) on the Penouta Tin Deposit, Ourense, Galicia, Spain, with a report date of April 29th 2021 and an effective date of March 5th, 2021 prepared for Strategic Minerals Europe (the “Penouta Technical Report”). For the purposes of the Penouta Technical Report, Martin Pittuck, C.Eng, FGS, MIMMM, Corporate Consultant (Mining Geology), SRK Consulting (UK) Limited is the qualified person.

The Company disclaims with equal prominence that (i) a “Qualified Person”, as defined in NI 43-101, has not done sufficient work at the Company’s Alberta II property to classify the historical estimate as current mineral resources or mineral reserves; and (ii) the Company is not treating the historic estimate as current mineral resources or mineral reserves. The reader is specifically referred to the additional disclosure on historical reserves contained in the Appendix at page 19.

Forward-Looking Statements

This presentation, together with any supplements and any other information that may be furnished to prospective investors by the Company, contains “forward-looking information” under applicable securities laws, which may include, but is not limited to, statements with respect to strategies, expectations, planned operations, future actions or the future financial or operating performance of the Company and its projects. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that the Company anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Strategic Minerals Europe to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors are based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Forward-looking statements contained herein are made as of the date of this presentation and Strategic Minerals Europe disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The forward-looking information contained in this presentation is expressly qualified by this cautionary statement. Investors are cautioned not to unduly rely on this forward-looking information and encouraged to read Strategic Minerals Europe’s continuous disclosure documents, including its Filing Statement and most recent MD&A, which collectively contain a more complete list of the risk factors associated with the business of Strategic Minerals Europe and which are available on SEDAR at www.sedar.com.

Strategic Minerals Europe’s securities have not been approved or disapproved by any provincial or other securities regulatory authority, nor has any provincial or other securities regulatory authority passed on the accuracy or adequacy of this Presentation.