SLIDE 1
(TSX:LFX)
2017 ANNUAL GENERAL MEETING OF SHAREHOLDERS
RE-IMAGINING LEAD
June 28, 2017
FORWARD LOOKING STATEMENTS
7/4/2017
STRICTLY CONFIDENTIAL - NOT FOR FURTHER DISTRIBUTION
Certain statements contained in this Presentation are forward-looking information within the meaning of applicable securities laws. All statements included herein (other than statements of historical facts) which address activities, events or developments that management anticipates will or may occur in the future are forward-looking statements, including statements as to the following: the timing and length of care and maintenance at the Paroo Station mine or Burgin Mine and future sales, opportunities to sell excess real estate, future targets and estimates for production and sales, the receipt and timing of required additional financing to restart and operate the Paroo Station mine, statements relating to the business and future activities of, and developments related to LeadFX and its subsidiaries, including the development of water, lead, silver and industrial minerals and aggregates assets, future future business acquisitions, future lead production, the timing and future benefits of the transaction and agreement with InCoR Technologies Limited and InCoR Energy Materials Limited, the anticipated benefits of the technology at Paroo Station, the possible extension of mine life from application of the technology, the anticipated cost and timing of delivery of the Definitive Feasibility Study, the application of the technology to future projects and strategic endeavors, the timing of exercising the warrants, the feasibility, cost and timing of constructing a refinery at Paroo Station, the Company’s ability to meet its working capital needs and debt repayments in the near term, the circumstances or timing and costs surrounding a restart of the Paroo Station mine, forbearance by Sentient IV pursuant to the Bridging Facility, as amended, projections with respect to cash flows and working capital, the cost and timing for completion of capital projects necessary for any future operations, the Company’s ability to comply with the transportation and operating conditions for the Paroo Station mine, capital expenditures,
- perating costs, cash costs, Mineral Resources, Mineral Reserves, life of mine, recovery
rates, grades and prices, business strategies and measures to implement such strategies, competitive strengths, estimated goals and plans for LeadFX’s future business operations, commodity prices outlook and other such matters. Forward-looking statements are often, but not always, identified by the use of words such as ‘‘seek’’, ‘‘anticipate’’, ‘‘contemplate’’, ‘‘target’’, ‘‘believe’’, ‘‘plan’’, ‘‘estimate’’, ‘‘expect’’, and ‘‘intend’’ and statements that an event or result ‘‘may’’, ‘‘will’’, ‘‘can’’, ‘‘should’’, ‘‘could’’ or ‘‘might’’ occur or be achieved and
- ther similar expressions. Forward-looking information by its nature requires assumptions
and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information, and readers are cautioned not to place undue reliance on such information. These statements are based upon certain reasonable factors, assumptions and analyses made by management in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements are based upon certain reasonable factors, assumptions and analyses made by management in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the
- circumstances. However, whether actual results and developments will conform with
management’s expectations is subject to a number of risks and uncertainties, including the potential benefits from the technology, the ability to deploy or prove up the technology on a commercial scale, expected concentrate sales when in operations, the costs and other capital expenditures required to maintain operations and transportation, the timing, need and ability to raise any additional financing and the risks relating to ramping up mining and milling throughput and operations, funding requirements, the need to secure approval of secured creditor and majority shareholder,
- perations
being placed on care and maintenance, the restart of mining and milling operations, matters relating to regulatory compliance and approvals, shareholder dilution from the warrants, matters relating to public opinion, presence of a majority shareholder and management services agreements with Enirgi Group, matters related to the Esperance settlement and shipments through the Port of Fremantle, regulatory proceedings and litigation and general operating risks such as metal price volatility, lead carbonate concentrate treatment charges, exchange rates, the fact that the Company has a single production stage mineral property, health and safety, environmental factors, mining risks, metallurgy, labour and employment regulations, government regulations, insurance, dependence on key personnel, constraints on cash distribution from the Paroo Station mine, the nature
- f
mineral exploration and development and common share price volatility. While we are not aware of any misstatements regarding any industry data presented in this Presentation, the lead and silver industries involves risks and uncertainties and is subject to change based on various
- factors. Additional factors and considerations are discussed in the Company’s annual
information form dated as of February 23, 2017, elsewhere in other documents filed from time to time by LeadFX with Canadian securities regulatory authorities. While LeadFX considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These factors may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and there can be no assurance that the actual results or developments anticipated by management will be realized or, even if substantially realized, that they will have the expected results on the Company. Undue importance should not be placed on forward looking information nor should reliance be placed upon this information as of any other
- date. Except as required by law, while it may elect to, LeadFX is under no obligation and
does not undertake to update this information at any particular time. All statements, opinions and views contained in this Presentation are solely those of LeadFX and/or Rosslyn Hill Mining Pty Ltd. and do not constitute any written or public oral statement of the Sentient Group of Global Resource Funds or any other third party. 2