Mountain Lake Acquisition II ^{Filed Terms, Nasdaq: MLAAU}

We are a blank check company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We may pursue an initial business combination target in any business or industry or at any stage of its corporate evolution. Our primary focus, however, will be in completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team. Our management team has an extensive track record of acquiring attractive assets at disciplined valuations, investing in growth while fostering financial discipline and improving business results. Based on our management’s experience, including with prior special purpose acquisition companies, we have developed the following non-exclusive investment criteria that we intend to use to screen for and evaluate prospective target businesses: Leading Industry Position with Supportive Long-Term Dynamics and Competitive Market Advantage; Stable Free Cash Flow, Prudent Debt and Financial Visibility; Benefit Uniquely from a Business Combination with a Special Purpose Acquisition Company; Would Benefit Uniquely from our Capabilities; Proprietary and/or Optimally Positioned Transactions; Committed and Capable Management Team; Preparedness for the Process and Public Markets.