Mark V Caruso Mark V Caruso MINERAL COMMODITIES LTD MINERAL - PowerPoint PPT Presentation

Mark V Caruso Mark V Caruso MINERAL COMMODITIES LTD MINERAL COMMODITIES LTD Executive Chairman ANNUAL GENERAL MEETING - 30 MAY 201 8

DISCLAIMER AND COMPETENT PERSON STATEMENT DISCLAIMER AND COMPETENT PERSON STATEMENT The information in this report that relates to the Ore Reserve This document has been prepared by Mineral Commodities Ltd (MRC Subject to any continuing obligation under applicable law or any Statement, has been compiled in accordance with the guidelines relevant listing rules of the ASX, MRC disclaims any obligation or or the Company) and comprises written materials / slides for a of the Australasian Code for Reporting of Exploration Results, undertaking to disseminate any updates or revisions to any forward presentation concerning MRC. This is not a prospectus, disclosure Mineral Resources and Ore Reserves (The JORC Code – 201 2 document or offering document. looking statements in these materials to reflect any change in Edition). expectations in relation to any forward looking statements or any This document is for information purposes only and does not The information, if any, in this presentation that relates to change in events, conditions or circumstances on which any constitute or form part of any offer or invitation to acquire, sell or metallurgy for the Munglinup Graphite Project is based on otherwise dispose of, or issue, or any solicitation of any offer to sell statement is based. Nothing in these materials shall under any information compiled and reviewed by Mr David Pass, who is a circumstances create an implication that there has been no change in or otherwise dispose of, purchase or subscribe for, any securities, nor Member of AusIMM. Mr Pass is an employee of Battery Limits Pty does it constitute investment advice, nor shall it or any part of it nor the affairs of MRC since the date of this presentation. Ltd. Mr Pass has sufficient experience relevant to process plant the fact of its distribution form the basis of, or be relied on in The information, if any, in this presentation which relates to exploration and infrastructure design thereof to qualify as a Competent Person results or mineral resources for the Tormin Mineral Sands Project and connection with, any contract or investment decision. as defined by the JORC Code, 201 2 Edition. Mr Pass consents to the Munglinup Graphite Project is based on information compiled by Mr Certain statements in this presentation are forward looking the inclusion in the presentation of the matters based on the statements. You can identify these statements by the fact that they Adriaan du Toit, who is a Member of the Australasian Institute of Mining reviewed information in the form and context in which it appears. and Metallurgy (“AusIMM”) and an independent consultant to Mineral use words such as “anticipate”, “estimate”, “expect”, “project”, The information, if any, in this presentation which relates to “intend”, “plan”, “believe”, “target”, “may”, “assume” and words of Commodities Ltd. Mr du Toit is the director and principal geologist of exploration results, mineral resources or ore reserves for Xolobeni similar import. These forward looking statements speak only as at the Aemco Pty Ltd and has over 26 years’ of exploration and mining Mineral Sands Project is based on information compiled by Mr experience in a variety of mineral deposits and styles. Mr du Toit has date of this presentation. These statements are based on current Allen Maynard, who is a Member of the Australian Institute of expectations and beliefs and, by their nature, are subject to a number sufficient experience which is relevant to the style of mineralisations Geoscientists (“AIG”), a corporate member of AusIMM and of known and unknown risks and uncertainties that could cause the and type of deposits under consideration and to the activity which he is independent consultant to Mineral Commodities Ltd. Mr Maynard undertaking to qualify as a Competent Person as defined in the 201 2 actual results, performances and achievements to differ materially is the director and principal geologist of Al Maynard & Associates from any expected future results, performance or achievements Edition of the Australasian Code for Reporting of Exploration Results, Pty Ltd and has over 37 years’ of exploration and mining expressed or implied by such forward looking statements. No Mineral Resources and Ore Reserves (the “JORC Code, 201 2 Edition”). experience in a variety of mineral deposit styles. Mr Maynard has The information from Mr du Toit was prepared under the JORC Code, representation, warranty or assurance (express or implied) is given or sufficient experience which is relevant to the style of made by MRC that the forward looking statements contained in this 201 2 Edition. Mr du Toit consents to inclusion in the presentation of the mineralisation and type of deposit under consideration and to the matters based on this information in the form and context in which it presentation are accurate, complete, reliable or adequate or that activity which he is undertaking to qualify as a Competent Person appears. they will be achieved or prove to be correct. Except for any statutory as defined in the 2004 Edition of the “Australasian Code for liability which cannot be excluded, each of MRC, its related The Ore Reserve referred to and used in this report was prepared by reporting of Exploration Results, Exploration Targets, Mineral Mr Daniel Hastings, who is a Member of the Australasian Institute of companies and the respective officers, employees and advisers Resources and Ore Reserves” (JORC Code, 2004 Edition). This Mining and Metallurgy (AusIMM). Mr Hastings is an employee of expressly disclaim any responsibility for the accuracy or information was prepared and first disclosed under the JORC completeness of the forward looking statements and exclude all Hastings Bell Pty Ltd and a consultant to the Company. Mr Hastings has Code, 2004 Edition. It has not been updated since to comply with sufficient experience relevant to the type of deposit under liability whatsoever (including negligence) for any director in direct the JORC Code, 201 2 Edition on the basis that the information has consideration to qualify as a Competent Person as defined by the 201 2 loss or damage which may be suffered by any person as a not materially changed since it was last reported. Mr Maynard consequence of any information in this presentation or any error or Edition of the Australasian Code for Reporting of Exploration Results, consents to inclusion in the presentation of the matters based on Mineral Resources and Ore Reserves (the JORC Code, 201 2 Edition). omission there from. this information in the form and context in which it appears. Mr Hastings consents to the inclusion in the report of the matters based on the reviewed information in the form and context in which it appears. 2

SUBSTANTIAL SHAREHOLDERS SUBSTANTIAL SHAREHOLDERS CORPORATE PROFILE CORPORATE PROFILE Au Mining Limited Au Mining Limited 26.7% 26.7% ASX : MRC ASX : MRC Zurich Bay Holdings Pty Ltd Zurich Bay Holdings Pty Ltd 18.6% 18.6% SHARES ON ISSUE SHARES ON ISSUE 418,441,571 Tormin Holdings Limited Tormin Holdings Limited 14.8% 14.8% PERFORMANCE RIGHTS PERFORMANCE RIGHTS M&G Investment Management Limited M&G Investment Management Limited 8.8% 8.8% 3,450,000 OPTIONS OPTIONS Mr & Mrs Anthony C Lowrie Mr & Mrs Anthony C Lowrie 6.6% 6.6% 5,000,000 Top 20 Shareholders Hold 90.73% Top 20 Shareholders Hold 90.73% MARKET CAPITALISATION MARKET CAPITALISATION A$108.8m @ A$0.26cps (1) BOARD OF DIRECTORS BOARD OF DIRECTORS CASH BALANCE CASH BALANCE US$9.3M @ 31 March 2018 Mark Caruso Mark Caruso Executive Chairman/Chief Executive Officer Executive Chairman/Chief Executive Officer BORROWINGS BORROWINGS Joseph Caruso Joseph Caruso Non Non-Executive Director Executive Director US$3.6M @ 31 March 2018 Peter Torre Peter Torre Non-Executive Director/Company Secretary Non Executive Director/Company Secretary Ross Hastings Ross Hastings Non Non-Executive Director Executive Director (1) Share price at close of business 25 May 2018 Guy Walker Guy Walker Non Non-Executive Director Executive Director 3