African Mining & Exploration Plc Investor Presentation March 2013
Disclaimer These presentation slides (“the Slides”) do not comprise an admission document, listing particulars or a prospectus relating to African Mining & Exploration plc (“the Company”) or any subsidiary of the Company, do not constitute an offer or invitation to purchase or subscribe for any securities of the Company and should not be relied on in connection with a decision to purchase or subscribe for any such securities. The Slides and the accompanying verbal presentation do not constitute a recommendation regarding any decision to sell or purchase securities in the Company. The Slides and the accompanying verbal presentation are confidential and the Slides are being supplied to you solely for your information and may not be reproduced or distributed to any other person or published, in whole or in part, for any purpose. No reliance may be placed for any purpose whatsoever on the information contained in the Slides and the accompanying verbal presentation or the completeness or accuracy of such information. No representation or warranty, express or implied, is given by or on behalf of the Company or their respective shareholders, directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in the Slides and the accompanying verbal presentation, and no liability is accepted for any such information or opinions (including in the case of negligence, but excluding any liability for fraud). The Slides contain forward-looking statements, which relate, inter alia, to the Company’s proposed strategy, plans and objectives. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such forward-looking statements. Accordingly, you should not rely on any forward-looking statements and the Company accepts no obligation to disseminate any updates or revisions to such forward-looking statements. The Slides are directed only at persons in member states of the European Economic Area who are “qualified investors” within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC). In addition, in the United Kingdom, these slides are being directed only at persons who fall within the exemptions contained in Articles 19, 48, 49 and 50A of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (such as persons who are authorised or exempt persons within the meaning of the Financial Services and Markets Act 2000 and certain other persons having professional experience relating to investments, high net worth companies, unincorporated associations or partnerships, the trustees of high value trusts and self-certified sophisticated investors) and persons to whom distribution may otherwise lawfully be made. Any investment, investment activity or controlled activity to which the Slides relates is available only to such persons and will be engaged in only with such persons. Persons of any other description, including those that do not have professional experience in matters relating to investments, should not rely or act upon the Slides. The Slides should not be distributed, published, reproduced or otherwise made available in whole or in part by recipients to any other person and, in particular, should not be distributed to persons with an address in the United States of America, Australia, the Republic of South Africa, the Republic of Ireland, Japan or Canada or in any other country outside the United Kingdom where such distribution may lead to a breach of any legal or regulatory requirement. No securities commission or similar authority in Canada has in any way passed on the merits of the securities offered hereunder and any representation to the contrary is an offence. No document in relation to the Placing has been, or will be, lodged with, or registered by, The Australian Securities and Investments Commission, and no registration statement has been, or will be, filed with the Japanese Ministry of Finance in relation to the Placing or the Shares. Accordingly, subject to certain exceptions, the Shares may not, directly or indirectly, be offered or sold within Canada, Australia, Japan, South Africa or the Republic of Ireland or offered or sold to a resident of Canada, Australia, Japan, the Republic of South Africa or the Republic of Ireland The Securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “US Securities Act”) or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered or sold within the United States or to, or for the account or benefit of, any US Person as that term is defined in Regulation S under the US Securities Act. The Company has not been registered and will not register under the United States Investment Company Act of 1940, as amended. The Slides and their contents are confidential and should not unless otherwise agreed in writing by the company be copied, distributed, published or reproduced (in whole or in part) or disclosed by recipients to any other person. 2 March 2013 l African Mining & Exploration l Investor Presentation
African Mining & Exploration plc is a gold exploration company focussed on West Africa. Its initial focus is on advancing its solid portfolio of assets in Mali up the resource development curve and evaluating exploration investment opportunities and partnerships to expand its geographical focus and provide significant value uplift potential for investors. 3 March 2013 l African Mining & Exploration l Investor Presentation
Company Snapshot AIM quoted West African gold exploration company with solid portfolio of assets in Mali, Africa's third largest gold producer Portfolio of projects including flagship 207 sq km Kossanto Gold Project Defined exploration and development programme to delineate a maiden JORC compliant resource in H1 2013 Well funded for future exploration with in house RAB drilling capabilities to de-risk future work and investment Premier gold district hosting major gold deposits. Regional operators include: Randgold Resources - 12.5Moz Loulo mine AngloGold Ashanti - 12.0Moz Sadiola mine Teranga Gold - 3.0Moz Sabodala mine Evaluating additional projects Proven Board with a track record of developing world class resource projects globally 4 March 2013 l African Mining & Exploration l Investor Presentation
Key Data Major Shareholders Market AIM Ticker AME Share Price (as at 15.03.13) 4.125p Market Capitalisation £3.47m Shares in issue 84,213,306 Cash (as at 31.12.12) £1.76m Warrants outstanding 58,940,493 Options 8,690,000 Shares not in public hands 38.8% Praetorian Portfolio holding L.P - 20.1% Fiske - 12.4% New City Investment Managers - 7.9% Other Shareholders -59.6% 5 March 2013 l African Mining & Exploration l Investor Presentation
Strategy “AME’s goal is to establish a leading gold exploration company in West Africa, utilising the strengths of experienced professionals and partners to deliver significant investment return with managed risk ” Rapidly advance primary Kossanto project Delineate a resource of over 500,000oz Au within the next two years Use its knowledge of working in emerging economies to continue to expand its portfolio of assets through the judicious selection and acquisition of projects with low entry costs Control costs Build shareholder value 6 March 2013 l African Mining & Exploration l Investor Presentation
Recommend
More recommend
