Mag One Products Inc. Investor Presentation

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CSE: MDD | FSE:304 | OTCQB: MGPRF

Stock Symbols:CSE: MDDFrankfurt/Xetra: 304OTCQB: MGPRF

INVESTOR PRESENTATION24 October 2016

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FORWARD-LOOKING STATEMENTDisclaimerMag One is listed on the CSE with the symbol, “MDD”, the Börse Frankfurt stock exchange (“Frankfurt”) and the Xetra, both with the ticker

symbol “304” and the OTCQB with ticker symbol "MGPRF". The listings on the Frankfurt and OTCQB exchanges provide the company

exposure to the European and U.S. markets and potential investors. .Certain statements contained in this presentation may constitute

"forward–looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the

Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future

performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar

expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are

based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ

materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing

and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company

is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise,

except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should

not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information

contained herein. This presentation does not constitute an offer of securities for sale in the United States. CSE has not reviewed this

news release and does not accept responsibility for the adequacy or accuracy of the content of this news release. . For additional risks

and uncertainties that could impact the Company’s forward-looking statements, please see the Companies filings with the CSE and which

may be viewed at www.sedar.com

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Overview• As a production and technology company, our Target Business is to produce Magnesium (“Mg”) metal

and Mg-related compounds, byproducts and co-products (MgO, Li, Si, Ni, etc.)

• Game-changing, patented, proprietary technology will allow us to produce Mg at a cost 35% less than our competitors and in a more environment-friendly way.

• 50 Million tonnes of 23% Mg ore (tailings), already mined and under contract paid for at $1.00/tonne (+CPI) as it is used.

• Equates to 11 Million tonnes of Mg metal, equivalent to 22 Million oz. of Gold (Au)

• Optimum serviced plant site, on road and rail and adjoining the tailings stockpile.

• Experienced management team and local skilled labour force.

• Unique, modular, low capex, rapid commercialization and expansion concept.

• Adjoins world’s largest Mg market and with NAFTA, no countervailing duties to export to the USA.

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Magnesium: Uses

• The primary uses of Mg are in aluminum alloying, Mg die-casting, desulfurization of steel, titanium production and synthesis of special Mg chemicals and is now being considered for use as a Lithium replacement in batteries.

• Mg is the lightest of all structural metals with a density 78% lower than steel and 35% lower than aluminum.

• Currently China produces more than 80% of the world’s supply of Mg, using an environmentally unfriendly and labor-intensive technology (the Pidgeon Process).

• High import duties have restricted the use of Chinese Mg (metal, wallboard, etc. in the U.S.

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Why Magnesium?

• Some materials are able to impact our current techno-lives and Magnesium, Magnesium Oxide and Lithium are three such materials. The auto and steel industry are two of the main users of Mg.

• Automakers, with an aim to decreasing weight without sacrificing strength, are increasing their use of Mg in order to improve both fuel economy and mileage with the new U.S.A. EPA/CAFE emissions standards.

“….estimates that by 2020, 250 pounds of magnesium will replace 500 pounds of steel and 90 pounds of magnesium will replace 130 pounds of aluminum per vehicle, resulting in an overall 15% weight reduction.”

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Aerial photo of Mag One’s Pilot Plant site and tailings stockpile in Quebec

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50 Million-tonne Stockpile of Ongrade Serpentinite Ore

• Danville, Quebec, Canada

• Already-mined ore, sitting on the surface in terraces

• All infrastructure requirements and skilled local labour force

• Local and Provincial Government encouragement

• Lowest electricity costs in North America and on road and rail

• Ore costs $1.00/tonne, paid as Mag One uses it

• Ore content: ~22%Mg = 11,000,000 tonnes of Mg metal (equivalent to 22Million oz. Au)

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CSE: MDD | FSE:304 | OTCQB: MGPRF BUSINESS DIRECTION AND PLANS FOR PROJECTS

• Mag One’s original concept was to have an operating MgO plant (by early 2017) producing 5000 tonnes/year of magnesium oxide, (“MgO”) and/or magnesium hydroxide, (“Mg(OH)2”. This plant was to be followed by the initial Mg metal plant producing 5000 tonnes/year, (“tpy”).

• Based on results of testing of the tailings, the Company hired SNC-Lavalin* to do a scoping study/review of Mag One’s business plan. Based on SNC’s recommendations and along with additional geological work, coupled with certain governmental permitting conditions, the current direction of Mag One has been modified accordingly.

• The Company’s 50 million-tonne tailings stockpile has a grade of 23% Mg representing 11,500,000 tonnes of available magnesium for recovery. These tailings also contain 38.5% Silica (SiO2), 5% Iron (Fe) and potentially, commercial amounts of Nickel (Ni).

• The Company has developed a novel process for recovery of high purity MgO, a silica based product, an iron product and a nickel precipitate from the tailings material. The MgO is expected to be a high-value product and forms the feedstock to the Company’s future production of Mg metal. The silica product is expected to be saleable to the high-performance concrete industry and may also form a basis for the manufacture of high-value silicon products.

• *SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's teams provide engineering, procurement construction, completions and commissioning services together with a range of sustaining capital services to clients in our four industry sectors, oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.


MgO Pilot Plant

• It was determined that a pilot plant was required to fully explore the market, financial benefits and commercial viability of producing a range of products from the tailings. The added benefit to the Company is to convert the majority of the tailings into saleable products which will minimize the requirement for ongoing waste management at the site in Quebec, Canada

• Working closely with our partners and advisors in the Mg and concrete industries, and based on the keen interest of several potential buyers/users in exploring offtake agreements, as well as potential investors, all expressed they would like to see the quality of the products as produced with the pilot plant, in order to consider both offtake agreements and/or more serious investment in the Company.

• The SNC-Lavalin study team believes that the economic feasibility of the pilot plant for tailings leaching, benefits significantly from larger scale. With SNC’s advice and with input on permitting requirements for a tailings leaching plant, the BASE CASE processing plant size has been set at 18,000 tonnes/year of MgO product. The Company will continue to evaluate the “right size” for investment and production at their site.

• The Quebec Government has encouraged the Company to first construct Phase I. of the tailings leaching pilot plant. City and local governments at the Mag One site also strongly support the pilot and commercial development plans of the Company.

• The design of the Company’s flagship Mg metal production process will continue in parallel. It is understood that the first step necessary in producing high quality, high purity (99%) Mg metal, is to produce high quality MgO (99%).

• Mag One has already selected the land/site for the pilot plant near the tailings site and equipment selection, procurement and construction is expected to start immediately.

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Use of Equity Proceeds

Magboard Products Inc.: ROK-ONTM magboard/sheathing plant:

$3,000,000.

MgO, Mg(OH)2 pilot plant (two phases) 2,000,000.

18,000 tonnes/year MgO plant 10,000,000.

Modular Mg metal plant (5,000 tonnes/year) 35,000,000.

TOTAL: $50,000,000.00

For more information contact [email protected]

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PROJECT I: Magnesium Wallboard Panels • Mag One, via its wholly-owned Quebec operating subsidiary,

Mag One Operations Inc., has a 50:50 Joint Venture with MagBoard LLC, a private California company.

• The JV is called, Magboard Products Inc. (“MPI”) A building has been secured adjoining the tailings site in Quebec, in which MPI will be assembling Mg-based wallboard panels, specifically the ROK-ONTM Structural Insulated Sheathing. These panels are basically fire, rot and termite-proof and can be used structurally. At the moment, only China produces Mg-based wallboards.

• The North American wallboard market exceeds 30 Billion square feet annually. MPI’s capacity it set for 30Million sq.ft/year, (or only 0.1% of the current market).

• As this sheathing conforms to all N. American building codes, in addition to being a superior product, has a cost less than conventional gyproc/plywood panels and with fewer stages, projects are finished faster. The CAPEX is budgeted at $4Million and producing only 5,000,000 sq.ft a year is targeted to net $2.5Million in the first full year of production.

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Production of Magnesium Oxide, (“MgO”) and Magnesium Hydroxide, Mg(OH)2 of various grades (from 80% to 99.5% purity)

PROJECT II: MgO Plant

Mag One’s proprietary technology is to be used to process the 23% Mg serpentinite tailings. Initial emphasis will be on high-value, high-purity (in excess of 99%) MgO and Mg(OH)2.

Wide range of uses for both products and Mag One has overcome the traditional difficulty of economically achieving 99% purity. Ultrapure grade is used to produce Mg metal and specialty needs such as smoke suppressants and fire-fighting agents. Lower grades are used in the manufacturing of Mg wallboards, fertilizers, de-icing agents, etc.

Initial processing plant capacity: 18,000 tonnes/annum of MgO. Construction start in 2017.

Additional byproducts have been identified: Silica, Ferrosilicon and Nickel, via a peer review by SNC-Lavalin. As a result of SNC’s work, Mag One will be producing a pilot plant with the support of the Quebec Government to determine the commercial feasibility of these byproducts.

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PROJECT III: Magnesium Metal• Mag One’s proprietary, game-changing, Mg-processing technology is targeted to

produce 99.9% wt. pure Mg metal at a cost much lower than its competitors, and perhaps lower than Al, using its own production of MgO in Quebec.

• Cost reduction due in part to the modular-plant expansion strategy to keep capital expenditures lower than traditional plants, as well as infrastructure and other benefits for the operation being located in Quebec, Canada.

• Basically free ore, ongrade and a 100+ year supply (based on expected Mg production aim of 100,000 tonnes/annum capacity).

• Increase in demand for Mg, such as automotive, aerospace, batteries, smartphones, etc.

• Largest customer, USA, and with NAFTA, no huge countervailing duties to export there (as the Chinese have).

• Initial 5,000 tonne/year modular plant has a projected CAPEX of $35 Million OPEX of $1400/tonne. Mag One plans to build up to 20 modules as demand and sales increase and financing is arranged.

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Management | Co-Founders

James G. Blencoe, Ph. D. | Chief Technology Officer

Blencoe earned a B.S. degree in Mining Engineering and a Ph.D. degree in Geology from Stanford University. He has more than 40 years of experience designing, constructing, operating and maintaining specialized equipment for advanced chemical production. Prior to entering the private sector in 2007 as Founder, President and CEO of Orion Laboratories, LLC, Blencoe spent 24 years working at the Oak Ridge National Laboratory and 9 years working at The Pennsylvania State University. Blencoe has been inventing advanced processing techniques for Mg production for more than a decade. He has published more than 50 articles and reports in leading peer-reviewed scientific journals and technical magazines, and he is the lead author of three U.S. patents on magnesium production.

Nelson M. Skalbania, B.Ap.Sc., M.Sc., P.Eng. | Chairman

A professional engineer and graduate from UBC and the California Institute of Technology (CalTech), he began his career as a structural engineer then formed McKenzie Snowball & Skalbania Engineering firm.For almost 20 years Mr. Skalbania was president and majority owner of this successful firm and grew the company to over 100 staff in four locations. Mr. Skalbania then expanded into an extensive and highly successful real estate career where he owned and operated properties all over North America.In addition, he has been an owner of 10 different professional sports teams and involved in over 100 businesses including technology, mining, manufacturing, and oil services to name a few.

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Management

Lucky Janda| CEO Mag One Products

Mr. Janda is President of the Janda Group which is a family owned real estate company that also develop & own Shopping Centres & makes investments in new ventures. In addition, Mr. Janda is the President and CEO of AmeriCan Agri Co Inc., JGWealth Management Corp., CanAmeri Agri Co & AAN Ventures Inc. & serve as a director of Maxtech Ventures Inc. Mr. Janda has previously served as the CEO and director of numerous public companies over the past 25 years. Mr. Janda is a businessman with over 25 years’ experience in public companies and real estate development. He has served as a Senior Officer with board positions within public companies and has held numerous positions with several community charitable organizations. Mr. Janda holds a Bachelor of Economics from the University of British Columbia.

Gillian Holcroft, B.Eng., M.Eng. | CEO Mag One Operations, Inc.

Ms. Holcroft is a bilingual executive chemical engineer with 25 years of experience. Her vast experience includes Mining and Metallurgical process development and operations (including magnesium metal production), the commercialization of advanced technology, green field EPC project management, US Department of Defence as well as International Trade. She is recognized for her strong planning abilities as demonstrated by negotiating and directing large and extremely complex projects. As a senior executive and board member in a market leading environmental technology company she provided leadership and strategic direction and was recognized for her excellent communication skills and vision in opening up new markets. She played a vital role in taking a private company public through financing efforts in Canada and Europe.

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Management

David Dreisinger, Ph.D. | Advisor

Dr. Dreisinger holds the position of Professor and Chairholder of the Industrial Research Chair in Hydrometallurgy at the University of British Columbia (UBC). He has published extensively and has received (with coworkers) 19 U.S. patents, numerous awards. Dr. Dreisinger is a director of PolyMet Mining and Search Minerals and an officer of Baja Mining and Tri Metals Mining. He is consulting for the Company and coordinates the research, science and operations teams.

Jagmohan Singh, Ph.D. | Geochemist Consultant

Experienced geochemist with more than 14 years’ experience in field and laboratory research in geological sciences including experimental work on thermodynamic properties of binary mixtures of H2O-CO2-CH4-N3 at the Oak Ridge National Laboratory, TN, USA, field and laboratory research on mineralogy of Ni-Cu-Co deposit of Labrador, Canada (at University of Toronto), experimental mineralogy and petrology at University of Hannover, Germany and field and laboratory research on deformation of sulfides in low grade metamorphic rocks of Lesser Himalaya (Panjab University, India. More than 10 years’ experience in information technology: managed projects with combined budgets of millions of dollars. As a key consultant for Mag One, Dr. Singh is working with our Chief Technology Officer in Tennessee, refining our technology process, testing and researching whether our Mg technology could be adapted for Lithium (Li) production.

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Value Proposition • Mag One Products Inc., (“Mag One”) is not a mining company but a technology and

production company.• Magnesium is often referred to as “the metal of the future” with demand expected

to increase 5% each year.

• Our mandate is to produce, very economically, magnesium-based panels, (ROK-ONTM structural insulated sheathing), various grades of magnesium oxide (MgO) and magnesium hydroxide (Mg(OH)2) as well as ultrapure magnesium (Mg) metal and certain saleable Mg-compounds and Mg-byproducts and co-products (Si, Ni, etc.)

• In addition, we are currently researching whether our proprietary processing technology used in the production of Mg, could be adapted to produce Lithium (Li).

• Mag One’s two main assets are not reflected in the balance sheet due to the method of acquisition. The 50 Million-tonne “mined” ore is only paid for at the rate of $1.00/tonne as we use it. Secondly, the patented, patents-pending proprietary technology is owned by the Company—no royalty or lease payments. Moreover, the technology is only paid for when Mag One generates net earnings from use of the technology.

• The scope of operation is unlimited due to the vast amount of Mg-rich tailings. There is sufficient ore (already owned or available) to supply the Global Magnesium and Mg-compounds for an indefinite period of time. Furthermore, the size of Mag One’s operations will be limited only by its ability to raise the necessary funding.

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CSE: MDD Frankfurt: 304,equity

OTCQB: MGPRF

MAGBOARDS * MAGNESIUM OXIDE * MAGNESIUM METAL

#145 925 Georgia Street West, Vancouver, B.C. CANADA V6C3L2

T: +1.604.669.4771 F: +1.604.669.4731

E: [email protected] [email protected] [email protected]

www.MagOneProducts.com

CSE: MDD FRANKFURT/XETRA: 304 OTCQB: MGPRF

http://www.magoneproducts.com/

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Mag One Products Inc. Investor Presentation

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