Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (November 2024)
24 slides from Metal Bank's investor presentation, Nov 4, 2024
Slide 1: Executing Saudi & Jordan Copper Strategy
ASX: MBK GOLD & COPPER RESOURCES EXECUTING SAUDI & JORDAN COPPER STRATEGY UNLOCKING VALUE IN AUSTRALIAN PROJECTS For personal use only
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Purpose of this document This investor presentation dated 28 October 2024 has been prepared by Metal Bank Limited ACN 127 297 170 (MBK) for general information purposes using the information available to MBK at the time of publication. Summary information By reviewin
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer Forward looking information and Future Performance This Presentation contains “forward-looking statements”. Forward-looking statements can generally be identified by use of words such as “may”, “should”, “could”, “foresee”, “plan”, “aim”, “will”, “expect”, “intend”,
Slide 4: Corporate Overview: Experienced and Proven Leadership Team
CORPORATE OVERVIEW Experienced and Proven Leadership Team Company ASX Code MBK Share Price as at 31/10/2024 $0.017 Ines Scotland - Executive Chair For personal use only Ordinary Shares on Issue ~359m Ms Scotland has worked in the mining industry for over 25 years for large scale gold and copper comp
Slide 5: Why Invest in MBK?
Why Invest in MBK? MBK’s focus: Advancing its Middle East North Africa (MENA) Strategy in Saudi Arabia and Jordan Unlocking value from its Australian Projects with JORC Resources for Gold & Copper For personal use only MENA – Saudi Arabia & Jordan Working to secure copper and other critical mine
Slide 6: Entitlement Offer Overview
Entitlement Offer Overview Offer Structure and size A fully underwritten pro-rata non-renounceable Entitlement Offer of 1 New Share for every 4 shares held by eligible shareholders to raise ~$1.56M Entitlement Offer includes a top-up facility for existing eligible shareholders who take up their
Slide 7: Entitlement Offer Timetable
Entitlement Offer Timetable Event Date Announcement of the Entitlement Offer 4 November 2024 For personal use only Lodgement of Cleansing Notice and Appendix 3B Entitlement Offer “Ex” Date 6 November 2024 Record Date for the Entitlement Offer 5pm (AEDT) 7 November 2024 Despatch of Offer Document and
Slide 8: Saudi Arabia
For personal use only SAUDI ARABIA Geology Experience Contacts 8
Slide 9: Saudi Arabia
Saudi Arabia Ines Scotland is the former CEO of Citadel Resource Group which in partnership with Central Mining Holding Company (CMH) explored and developed the Jabal Sayid copper mine in the Kingdom of Saudi Arabia For personal use only MBK has formed a JV Company with CMH1 to pursue opportunities
Slide 10: Jordan: Malaqa, Area 47 & Area 65
Jordan: Malaqa, Area 47 & Area 65 Since entering into two agreements with the Jordan Ministry for Energy and Mineral Resources (MEMR) in July 2023 MBK has: For personal use only Three copper project areas granted Conducted five field programs including mapping, stream, rock chip and channel samp
Slide 11: Australian Asset Portfolio
Australian asset portfolio Unlocking Value Livingstone Project (WA) Gold resources in a prolific region For personal use only Livingstone Gold Project 140km NW of Meekatharra, WA encompasses 395 km2 of the MILLENNIUM PROJECT (Cu-Co-Au) western arm of Bryah-Padbury Basin The Bryah-Padbury Basin i
Slide 12: Livingstone Project
Livingstone Project Existing Resources, multiple prospects, potential for significant expansion Two shallow (<75m) Au Resources and For personal use only multiple large Au prospects including: Homestead – Inferred Resource of 40,300oz Au1 (JORC 2012) – with 83% Indicated Resource Kingsley – Infe
Slide 13: Livingstone Project: Homestead Resource
Livingstone Project Homestead Resource At/near surface, dominantly oxide Au Mineral For personal use only Resource Estimate (MRE) of 880Kt @ 1.42g/t Au for 40.3koz Au1 (JORC 2012) MRE 0.5g/t Au cut, <75m depth only 83% Indicated Resource, open at depth and along strike to the east Simple met
Slide 14: Livingstone Project: Kingsley Resource
Livingstone Project Kingsley Resource Blind discovery by Kingston 12km W of Homestead in large soil Au anomaly rapidly converted to JORC For personal use only 2012 MRE by MBK in 20221 Results to 18m @ 7.7g/t Au from 12m, KLRC029 At/near surface, oxide-only JORC 2012 MRE of 669Kt @ 1.42g/t Au f
Slide 15: Livingstone Project - Exploration Potential
Livingstone Project - Exploration Potential Range of Au targets in extensive Au in soil anomalism poorly/inconclusively tested1: VHF – drilling to 3m @ 2.23g/t Au, TLM00976 Kerba Ni target on the NW basin boundary Stanley – 5m @ 2.76g/t Au, ST22RC009 Several banded iron formations with >60%
Slide 16: Millennium Project
Millennium Project Mt Isa Inlier – World Class Minerals Province – Major Projects Located within Mt Isa-Cloncurry copper region of NW Queensland ~19km from the Rocklands For personal use only copper-cobalt deposit and processing facility Near term at surface/shallow high-grade copper & cobalt re
Slide 17: Management and Technical
Management and Technical The Right Team and Skills to Deliver Exploration Success For personal use only Trevor Wright – General Manager - Exploration Mr Wright is a geologist with over 20 years of mineral exploration and business experience in Australia, New Zealand, USA, China and the South West Pa
Slide 18: Management and Technical
Management and Technical The Right Team and Skills to Deliver Exploration Success For personal use only Jon Black – Executive General Manager – Environment, Social and Government Jon is an experienced senior executive across several sectors including water, environment and energy management, and tra
Slide 19: Summary of Key Risks
Summary of Key Risks Introduction There are a number of risk factors that could potentially impact the Company and any investment in the Company. Shareholders and prospective new Investors should consider the risk factors described below, together with the publicly available information about the Co
Slide 20: Summary of Key Risks - continued
Summary of Key Risks - continued Title, permit and approval risks The mineral tenements and permits held by the Company are subject to the applicable mining acts and regulations in Australia and in Jordan. Mineral tenements and permits are also subject to periodic renewal. There is no guarantee that
Slide 21: Summary of Key Risks - continued
Summary of Key Risks - continued Regulatory and government risks The exploration and mining industry is subject to extensive legislation, regulation and supervision by a number of federal, s tate and regulatory bodies, including regulations regarding exploration, mining, health and safety, employmen
Slide 22: Appendix – Underwriting Agreement
Appendix – Underwriting Agreement Taylor Collison Limited is acting as lead manager and Underwriter under an Offer Management & Underwriting Agreement (Underwr iting Agreement). The Underwriting Agreement includes terms usual and customary in these types of agreements, a summary of which follows: (a
Slide 23: Appendix continued – Underwriting Agreement
Appendix continued – Underwriting Agreement • Legal proceedings against the Company, any other Group Member or against any director of the Company or any other Group Member in that capacity is commenced or any regulatory body commences any enquiry or public action against a Group Member. • The Compa
Slide 24: Metal Bank Limited
Metal Bank Limited For personal use only Registered Office Metal Bank Limited Suite 506, Level 5, 50 Clarence Street, Sydney NSW 200 Email: info@metalbank.com.au 24