Albany ‘High Purity’ GRAPHITE Deposit

Albany ‘High Purity’ GRAPHITE Deposit

• ZEN IPO Dec. 2010; Cliffs Natural Resources assistance

• Raised $10 million @ $0.60 with Jennings & GMP

• Exploration in 2011 discovered a very rare GRAPHITE deposit

Zenyatta Ventures Ltd. presentation may include or incorporate by reference certain “forward-looking statements” within the meaning of applicable Canadian securities laws. All of the forward-looking statements made by Zenyatta in this presentation, express or implied, are qualified by these cautionary statements. Statements regarding, without limitation, potential mineralization and reserves, prospective results of operations, financial position and cash flows, financial outlook, future economic conditions, intended courses of action, future plans or objectives of Zenyatta may be considered to be forward-looking statements. Words such as “expect”, “anticipate”, “estimate”, “contemplate”, “target”, “plan”, “continue”, “budget”, “schedule”. “may”, “will”, “should”, “intend”, “believe” and other similar expressions indicate forward-looking statements. Forward-looking statements are not guarantees of future results and performance but rather reflect Zenyatta’s current views with respect to future events. Results are subject to risks, uncertainties, assumptions and other factors, and actual results and future events could differ materially from the conclusions, forecasts, projections or results anticipated in these forward-looking statements.

Forward-looking statements are made as of the date of this presentation based on available information. Certain material factors or assumptions were applied in drawing conclusions or making forecasts or projections. Although considered reasonable by Zenyatta as at the date of the presentation, the forward-looking information is inherently subject to significant business, economic and competitive uncertainties and contingencies. Some of the material risks, factors and assumptions that could cause actual results to differ materially from Zenyatta’s expectations include, but are not limited to, ability to stake mineral claims prior to competing businesses, staking of mineral claims on land unsuitable for development or land which does not encompass key mineral reserves, inability to raise or allocate sufficient capital to perform intended exploration and development or to maintain minimum yearly exploration expenses and consequent loss of mining claims, fluctuations in currency markets, fluctuations in spot and forward prices of minerals and other commodities, changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada and internationally, other business opportunities that may be presented to or pursued by Zenyatta, change in management or control of the company, activities of competing businesses, operating or technical difficulties in connection with mining, exploration or development activities, employee relations, availability and costs of mining and exploration inputs, labour and equipment, risks of obtaining necessary licences and permits, diminishing quantities or grades of mineral reserves, ability to meet operational expenses, contests over title or right to properties or mineral claims, conflicting aboriginal land claims and aboriginal rights, environmental regulations, the risks and hazards associated with mineral exploration and development, environmental hazards, industrial accidents, unusual or unexpected geological formations or pressures, flooding, inaccessibility of lands, inclement weather conditions and the risk of inadequate insurance or inability to obtain insurance. Certain risks and assumptions and are also disclosed under the heading “Risk Factors” in the presentation and elsewhere in documents filed from time to time with the Canadian provincial securities regulators, such as the Zenyatta Management Discussion and Analysis made available to the public on www.sedar.com.

Zenyatta disclaims any intention or obligation to withdraw, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by applicable laws. An additional cautionary note to readers - no part of this Zenyatta presentation is intended to be deemed as an offering of its securities to investors outside of Canada or is to be relied on by residents of the United States of America or other jurisdictions outside of Canada. Certain terms such as “resource”, “measured resource”, “indicated resource” and “inferred resource” are recognized under Canadian securities laws, however, the United States Securities and Exchange Commission may not recognize such terms. All maps, information, diagrams etc. obtained from internet are assumed to be accurate but can not be guaranteed.

Forward Looking Statement

Apr, 2013

Source: Industrial Minerals’ Natural Graphite Report 2012

Unique Natural Graphite VEIN Graphite:

• Purest form in nature • Purity Usually: 95 – 99% C• Very Rare: <1% of world

output• Easiest to Process• Demands best graphite

price

Sri Lanka - world’s only mine

Zenyatta

• Largest & Only ‘High Purity’ (hydrothermal) GRAPHITE Deposit being Developed in the World

• Close to surface, easy access & great infrastructure

• Metallurgical Testing by SGS Lakefield yielded 99.96% Carbon Purity

• Targeting $13 Billion Synthetic GRAPHITE Market

Introduction

Source: Industrial Minerals’ Natural Graphite Report 2012

Unique Natural GRAPHITE

VEIN (Hydrothermal) Graphite:• Purest form in nature • Very Rare: <1% of world

output• Easiest to Process &

Upgrade• Demands best graphite

price

Sri Lanka - world’s only mine

ZENBorrowdale

Location

Thunder Bay

Geraldton

Hearst

Constance Lake

Wawa

OntarioCANADA

AlbanyGRAPHITEDeposit

Toronto

0 100kilometres

DetroitUSA

Infrastructure

HORNEPAYNE

HEARST

CANADIANNATIONALRAILWAY

Gas Pipeline Hydro Line

GRAPHITEDeposit

CONSTANCE LAKE

Trans Canada Highway

Rail Line

Geophysics & Geological Interpretation

Drill Section

Sri Lankan Mine Vein – 5cm wide

Drill Core

Graphite Breccia (‘Vein Type’)

Vein Type – High Grade Graphite

Hole#5 - 6.6% C over 170 metres

Scanning Electron Microscope (SEM)

quartz

feldspar

graphite

Dr. Conly - Lakehead University, Thunder Bay

SEM

Graphite

Dr. Conly - Lakehead University, Thunder Bay

‘vein-type’ (hydrothermal) Graphite

• Mineralizing fluids - CO₂ + CH₄

• Unusually High Carbon Content of Magma

• Absence of Significant Degassing of Carbon

• Major Structural Control

Plans 2013

• 43-101 Resource by mid- 2013

• Optimized metallurgical testing by end of 2nd quarter

• Preliminary Economic Assessment to start in 3rd quarter

Why GRAPHITE?

• Unique chemical, electrical & thermal properties

• Stable & strong in excess of 3600°C

• Resistant to chemical corrosion, thermal shock & oxidization

• One of the lightest reinforcing elements

• High lubricating abilities

• Great conductor of heat & electricity

GRAPHITE – Synthetic & Natural

GRAPHITE

Natural• 1.0 Mt / yr• ~$ 2,000 / t

Synthetic• 1.5 Mt / yr• ~$8,500 / t

Vein• highest price

Flake• medium price

Amorphous• lowest price

Annual global production of graphite in 2010:Synthetic ~ 1,500,000 tonnes (~$13 Billion)

Natural ~ 1,000,000 tonnes (~ $2 Billion)

Synthetic graphite (>99%):Current pricing from US$7,000/tonne - $20,000/tonne (Industrial Minerals).

Natural graphite (70-97%): Current pricing from US$500/tonne - $2000/tonne (Industrial Minerals).

GRAPHITE – Synthetic & Natural

• Synthetic - To turn petroleum (needle) coke into graphite requires extensive thermal treatment (3000°C) to burn off contaminants & re-arrange graphite layers. Very costly (4-5x) to make and environmental issues with this process as well.

• Natural (high purity) graphite has advantages:Natural graphite anode has higher specific capacities than

synthetic graphite.Natural graphite is highly crystalline leading to high quality for

new tech.

GRAPHITE – Synthetic & Natural

2012

2013

2014

2015

2016

2017

2018

2019

2020

0500000

100000015000002000000250000030000003500000400000045000005000000

Total DemandNew Demand

Graphite Demand(Natural & Synthetic)

Demand Estimate – Annual Tonnes of Graphite

Critical

Strategic & Critical for industrial nations including USA & European Commission

Electric arc furnaces use graphite electrodes to generate heat required to melt scrap during production of steel

Brake linings

Traditional Uses

Anode - GRAPHITECathode - Li oxide Electrolyte - lithium salts

NEW Uses

• smaller, lighter & more powerful

Li-ion Battery

• 85kWh Battery • ~140kg GRAPHITE

Li-ion Battery

Tesla Model S

• 24kWh Battery• ~40 kg GRAPHITE

Li-ion Battery

• 200 million e-bikes in China • Sales expanding rapidly in India• Sales forecast - e-bikes, e-motorcycles & e- scooters >450 million by 2016

Pebble Bed Reactors

Uranium embedded in graphite balls; smaller, safer & less costly.

Requires 3000 tonnes of Graphite for startup & 1000 tonnes annually for 1GW reactor

Fuel Cells

Large-scale fuel cell applications are being developed that could consume as much graphite as all other uses. (USGS Jan 2012)

Vanadium Redox Battery

Energy storage solution for renewable energy such as solar & wind

GRAPHITE - key component; 300 tonnes graphite per 1,000 megawatts of storage

Graphene

• 1 Atom thick; 1mm = 3 million sheets graphene

• Unique Properties:• 1000 x electrical capacity of Cu• 200 x stronger than structural steel• 10 x heat conductivity of Cu

“NEW WONDER MATERIAL”

Graphene

• Thinner, transparent, flexible & more powerful technology

• Samsung, IBM, Sony, Sharp

• 2012 - 10,000 research papers published, 6000 patents

• European Union - 1 Billion euro program • South Korea - $350 million on commercialization• UK - £50 million in a new commercialization hub

Graphene

Board & Management• Aubrey Eveleigh, President & CEO, Director; B.Sc., P.Geo. (Memorial)

28 yrs mineral exploration experience

• Peter Wood, VP Exploration; M.Sc., P.Geo. (Toronto)30 yrs mineral exploration experience

• Barry Allan, Director; B.Sc., MBA (Dalhousie)30 yrs experience; Senior VP & Director, Mining Analyst, Mackie

Research

• Cliff Davis, Director; B.Sc., P.Eng (Royal School of Mines)40 yrs experience; Director of Agnico-Eagle Mines since June, 2008.

• Brian Davey, Director (Trent)28 yrs on First Nation issues related to economic & business

development

• Peter Ravenscroft, Director; M.Sc. (Paris School of Mines)30 yrs experience as a Mining industry executive

• Tom Mustapic, CFO; B. Comm. (Lakehead) 20 yrs experience as a Certified General Accountant.

• Donald Bubar, M.Sc., P.Geo., (McGill & Queens) 30yrs experience (former VP Exploration Aur Resources; President of Avalon Rare Metals)

• Roland Butler, B.Sc., (Memorial) 20yrs experience (Founder, former VP & Director of Altius Minerals; President of Callinan )

• David Fox, B.Comm., LL.B, (McGill) 25yrs securities experience (former VP Institutional Sales TD Securities & Research Capital)

• Don Hains, B.Sc., MBA, P.Geo., (Queens & Dalhousie) 30yrs experience as an industrial minerals & marketing specialist, including graphite )

• Dr. John Morganti, P.Geo., Ph.D. (UBC) 40yrs experience (former VP with Teck & Exploration Manager for Placer Dome )

• Jason Mychasiw, HB. Comm, CFA, (Lakehead) TD Bank Manager Commercial Credit; formerly Mining group Analyst - GMP Securities

Advisory Board

Shares Issued – 48,385,862

Warrants (Expire June23/13; @ $1.00/share) - 5,740,000Warrants (Expire Dec 23/15; @ $1.50/share) - 1,000,000Options (Expire Dec 23/15; @ $0.60/share) - 2,100,000Options (Expire Feb 06/18; @ $1.27/share) - 1,325,000Options (Expire Oct 10/17; @ $0.44/share) - 250,000Options (Expire Jan 30/18; @ $0.94/share) - 100,000

Fully Diluted – 58,900,862

Major Shareholders:

Cliffs Natural Resources (12%)Directors, Management, Advisors (23%)Institutional (10%)Retail (55%)

Share Structure

Summary

• Large, Ultra-High Purity ‘GRAPHITE Deposit’

• Easy Access & Great Infrastructure

• Strong, Experienced Management Team

• Bullish GRAPHITE Market

Zenyatta Ventures Ltd., 1224 Amber Drive, Thunder Bay, Ontario , CANADA Tel: 807-346-1660