Albany ‘High Purity’ GRAPHITE Deposit

1. Albany ‘High Purity’ GRAPHITE Deposit

2. 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

3. Forward Looking Statement • 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. Apr, 2013

4. Unique Natural Graphite Introduction • VEIN Graphite: • Purest form in nature • Purity Usually: 95 – 99% C • Very Rare: <1% of world output • Easiest to Process • Demands best graphite price • 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 Zenyatta Sri Lanka - world’s only mine Source: Industrial Minerals’ Natural Graphite Report 2012

5. Unique Natural GRAPHITE • VEIN (Hydrothermal) Graphite: • Purest form in nature • Very Rare: <1% of world output • Easiest to Process & Upgrade • Demands best graphite price Borrowdale ZEN Sri Lanka - world’s only mine Source: Industrial Minerals’ Natural Graphite Report 2012

6. 0 100 Location Albany GRAPHITE Deposit kilometres Hearst Geraldton Constance Lake Ontario CANADA Thunder Bay Wawa Toronto Detroit USA

7. GRAPHITE Deposit Gas Pipeline Hydro Line HEARST CANADIAN NATIONAL RAILWAY • HORNEPAYNE Infrastructure CONSTANCE LAKE Trans Canada Highway

8. Rail Line

9. Geophysics & Geological Interpretation

10. Drill Section Sri Lankan Mine Vein – 5cm wide

11. Drill Core Graphite Breccia (‘Vein Type’)

12. Vein Type – High Grade Graphite Hole#5 - 6.6% C over 170 metres

13. Scanning Electron Microscope (SEM) feldspar graphite quartz Dr. Conly - Lakehead University, Thunder Bay

14. SEM Graphite Dr. Conly - Lakehead University, Thunder Bay

15. ‘vein-type’ (hydrothermal) Graphite • Mineralizing fluids - CO₂ + CH₄ • Unusually High Carbon Content of Magma • Absence of Significant Degassing of Carbon • Major Structural Control

16. Plans 2013 • 43-101 Resource by mid- 2013 • Optimized metallurgical testing by end of 2nd quarter • Preliminary Economic Assessment to start in 3rd quarter

17. 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

18. GRAPHITE – Synthetic & Natural GRAPHITE • Synthetic • 1.5 Mt / yr • ~$8,500 / t • Natural • 1.0 Mt / yr • ~$ 2,000 / t • Vein • highest price • Flake • medium price • Amorphous • lowest price

19. GRAPHITE – Synthetic & Natural 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).

20. 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.

21. Graphite Demand (Natural & Synthetic) Demand Estimate – Annual Tonnes of Graphite

22. Critical Strategic & Critical for industrial nations including USA & European Commission

23. Traditional Uses Electric arc furnaces use graphite electrodes to generate heat required to melt scrap during production of steel Brake linings

24. NEW Uses Li-ion Battery Anode - GRAPHITE Cathode - Li oxide Electrolyte - lithium salts • smaller, lighter & more powerful

25. Li-ion Battery Tesla Model S • 24kWh Battery • ~40 kg GRAPHITE • 85kWh Battery • ~140kg GRAPHITE

26. 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

27. 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

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

29. 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

30. Graphene “NEW WONDER MATERIAL” • 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

31. Graphene • Thinner, transparent, flexible & more powerful technology • Samsung, IBM, Sony, Sharp

32. Graphene • 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

33. 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.

34. Advisory Board • 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

35. Share Structure Shares Issued – 48,385,862 Warrants (Expire June23/13; @ $1.00/share) - 5,740,000 Warrants (Expire Dec 23/15; @ $1.50/share) - 1,000,000 Options (Expire Dec 23/15; @ $0.60/share) - 2,100,000 Options (Expire Feb 06/18; @ $1.27/share) - 1,325,000 Options (Expire Oct 10/17; @ $0.44/share) - 250,000 Options (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%)

36. Summary • Large, Ultra-High Purity ‘GRAPHITE Deposit’ • Easy Access & Great Infrastructure • Strong, Experienced Management Team • Bullish GRAPHITE Market

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