Company Overview

Clean Air Metals Inc. is a Canadian mineral exploration and development company operating in the critical minerals and precious metals sectors. The company’s primary focus is the exploration and potential development of platinum group metals (PGMs)—notably platinum and palladium—along with nickel and copper, metals that are used in catalytic converters, electric vehicles, and other clean-energy technologies. Clean Air Metals is publicly listed on the TSX Venture Exchange under the symbol AIR.V and is positioned as a supplier candidate for metals supporting emissions reduction and electrification trends.

The company’s core asset is the Thunder Bay North Critical Minerals Project, which underpins virtually all of its current value and activity. Clean Air Metals’ strategy centers on advancing this project through exploration, resource definition, and economic studies. The company was established in its current form around 2020 following the acquisition of the Thunder Bay North assets from a major mining company, marking a transition from an exploration-stage vehicle into a focused critical minerals developer.

Business Operations

Clean Air Metals’ business operations are concentrated in mineral exploration and project advancement, with no commercial production as of the most recent public disclosures. Its activities include geological modeling, drilling programs, metallurgical testing, and preliminary economic assessments designed to define and de-risk mineral resources. Revenue is not currently generated from operations; funding is primarily obtained through equity financing and capital markets.

All operational activity is tied to the Thunder Bay North Critical Minerals Project, which hosts multiple mineralized zones containing platinum, palladium, nickel, and copper. The company controls exploration licenses and associated surface rights necessary for development. There are no verified producing subsidiaries or joint ventures currently generating operating income. Data on additional subsidiaries or material joint ventures is inconclusive based on available public sources.

Strategic Position & Investments

Strategically, Clean Air Metals is focused on positioning its flagship project as a potential low-carbon, North American source of PGMs and battery-related metals. Growth initiatives are centered on expanding and upgrading mineral resources, advancing economic studies, and evaluating development scenarios that align with environmental and permitting expectations in Canada. The company has emphasized responsible mining practices and proximity to existing infrastructure as competitive advantages.

The company’s principal investment is its continued capital deployment into the Thunder Bay North Critical Minerals Project. No major acquisitions beyond the original asset acquisition have been publicly confirmed in recent filings. Clean Air Metals is not known to maintain a diversified portfolio of external investments; its strategy remains asset-focused. Participation in emerging sectors is indirect, through exposure to electric vehicle supply chains and emissions-control technologies via its metal mix.

Geographic Footprint

Clean Air Metals’ operations are entirely based in Canada, with its principal asset located in Ontario, near the city of Thunder Bay. The project benefits from access to established transportation corridors, skilled labor, and mining-friendly infrastructure. Corporate headquarters and management are also based in Canada, consistent with its domestic operational focus.

While the company does not operate internationally, its strategic relevance is global due to the international demand for PGMs, nickel, and copper. The company’s metals are positioned to serve North American and global markets, particularly those linked to automotive manufacturing, clean energy, and electrification supply chains.

Leadership & Governance

Clean Air Metals is led by an executive team with experience in mineral exploration, mine development, and capital markets. Leadership has emphasized disciplined capital allocation, technical rigor, and alignment with long-term critical minerals demand trends. Governance follows Canadian public company standards applicable to TSX Venture Exchange issuers.

Key executives publicly identified include:

• Mike Garbutt – President & Chief Executive Officer

Information regarding additional current executives, such as the Chief Financial Officer or other senior officers, is inconsistent across public disclosures. Data inconclusive based on available public sources.