Colonial Coal International Corp. · TSXV:CAD

Colonial Coal International — Investor Presentation (April 2020)

20 slides from Colonial Coal International's investor presentation, Apr 14, 2020

  1. Slide 1: Colonial Coal International Corp.

    TSX-V: CAD Colonial Coal International Corp. Western Canada’s Leading Coking Coal Developer April 2020 Investor Presentation

  2. Slide 2: Legal Disclaimers

    Legal Disclaimers This presentation may contain forward-looking statements, and forward -looking information under applicable securities laws including management’s expectations of future production, cash flow, and earnings. These statements are based on current expectations that involve a number of

  3. Slide 3: Investment Highlights

    Investment Highlights Unparalleled Investment Opportunity Project Location Map ● Provides exposure to a long-term Asian growth story  Increasing demand for high quality coking coal driven by long-term Asian growth Dawson  Western Canadian coal projects have cost-advantaged access to Creek East Asi

  4. Slide 4: Market Overview: Metallurgical Coal

    Market Overview: Metallurgical Coal Western Canadian Coal Miners are Poised to Supply Asian Markets BC Metallurgical Coal Production Western Canadian Coal Overview 35 ● The value of coal production in BC is forecast to exceed CAD$6.71 billion in 2019 up from CAD$6.31 billion in 30 31.5 31 2018 30 28

  5. Slide 5: Management Team and Board of Directors

    Management Team and Board of Directors ● Co-founder of Colonial Coal Corp., Western Coal Corp. (WCC), and Northern Energy & Mining Inc. (NEMI) David Austin ● One of the three founders credited for the success on the production of WCC projects Chairman, President & CEO (WCC was sold CAD$3.3 billion t

  6. Slide 6: Western Canada Met Coal Project Comparison

    Western Canada Met Coal Project Comparison ● In February 2019, Hancock Prospecting Pty Ltd announced that it had offered to acquire all of the outstanding ordinary shares of Riversdale Resources Limited that it did not already own ● Implies a TEV of AUS$737 million for Riversdale (100.0% basis) ● Ri

  7. Slide 7: Company Overview: Colonial Coal

    Company Overview: Colonial Coal Colonial’s Projects: Two of the Largest Hard Coking Coal Deposits in the Region ● Huguenot has a contained resource of 277.7 million tonnes of combined Measured and Indicated resources plus 119.2 million tonnes of Inferred resources, making it one of the largest depos

  8. Slide 8: Peace River Coalfield

    Peace River Coalfield Chetwynd WILLOW Suska - Resource Definition Willow Creek - Producing CREEK Resources: 103 Mt HD Int’l. Reserves : 11.0 Mt Sukunka - EA Application SUSKA Production (2019) : 82,000 Mt ROM Resources : 185 Mt Murray River - Approved Mine Permit Brule - Producing BRULE Target Produ

  9. Slide 9: Colonial Projects Overview: Conceptual Infrastructure Development Plan

    Colonial Projects Overview: Conceptual Infrastructure Development Plan HUGUENOT PRC Rail Loadout Possible Flatbed Rail Loadout  2018 PEA contemplates an 85 km, 3rd party built rail Murray River Loadout Area spur that would be available for use by other Paved Highway (36 km) potential producers in t

  10. Slide 10: Huguenot

    Colonial Projects Overview: HUGUENOT TSX-V: CAD www.ccoal.ca 9

  11. Slide 11: Company Overview: Colonial Coal - Huguenot Property

    Company Overview: Colonial Coal HUGUENOT PROPERTY  Situated adjacent to the proposed Belcourt South open pit Rail Line (owned by PRC/Anglo): Similar coal characteristics  Trucking distance of ~111 road-km from Quintette and PRC loadouts - also accessible by ~85 km rail spur (or combination rail an

  12. Slide 12: 2020 PEA Highlights (Open Pit Only)

    Company Overview: Colonial Coal HUGUENOT PROPERTY 2020 PEA Highlights (Open Pit Only)  The 2020 study used previously reported surface mineable resources to Huguenot Project develop a revised conceptual mine plan utilizing a stand-alone open pit. NPV (millions) at Varying Discount Rates with IRR 

  13. Slide 13: 2020 PEA Highlights (Open Pit Only)

    Company Overview: Colonial Coal HUGUENOT PROPERTY 2020 PEA Highlights (Open Pit Only)  Measured and Indicated surface mineable coal resources total 132.0 million tonnes, with an additional Inferred resource of 0.5 million tonnes. Not included for mining in the 2020 PEA are in-situ underground minea

  14. Slide 14: 2018 PEA Highlights (Open Pit and Underground Mine)

    Colonial Projects Overview: HUGUENOT PROPERTY 2018 PEA Highlights (Open Pit and Underground Mine) Huguenot Project  The Huguenot Project has an indicative after-tax (and royalty) net PEA 2018 present value (NPV) of US$1,166 million (CAD$1,516 million) using a Coal NPV (millions) at Varying Discount

  15. Slide 15: Huguenot Project Coal Quality Comparison

    Colonial Projects Overview: Huguenot Project Coal Quality Comparison The Huguenot Project is projected to produce a clean premium hard coking coal (HCC) product with low ash, low sulfur, low phosphorus, and High FSI Coal Quality Comparison: Huguenot HCC VS. Canadian Export Coking Coals Huguenot HCC1

  16. Slide 16: Flatbed

    Company Overview: Colonial Coal FLATBED TSX-V: CAD www.ccoal.ca 15

  17. Slide 17: Gordon Creek Metallurgical Coal Project (Flatbed Property)

    Colonial Projects Overview: Gordon Creek Metallurgical Coal Project (Flatbed Property) PROJECT SUMMARY PRC Possible ● Proximal to supportive Rail Loadout Flatbed Rail Loadout infrastructure such as existing rail line, power, Provincial Murray River Proposed Bearhole highway, town of Tumbler Loadout

  18. Slide 18: Gordon Creek (Flatbed) 2018 PEA

    Colonial Projects Overview: Gordon Creek Metallurgical Coal Project (Flatbed Property) Gordon Creek Project (Flatbed) 2018 PEA PEA 2018 Gordon Creek Project (Flatbed) Highlights NPV (millions) at Varying Discount Rates with IRR Overall Average Coal Price/Tonne • The Gordon Creek Project has an indic

  19. Slide 19: Gordon Creek Coal Quality Comparison

    Colonial Projects Overview: Gordon Creek Metallurgical Coal Project (Flatbed Property) Premium clean hard coking coal product (Seams B, D, F (combined F1 and F2), and Seam G, totalling 71.4% of the reported resources) plus a premium pulverized coal injection (PCI) product (Seams J and K, totalling 2

  20. Slide 20: Access to World Class Infrastructure

    Access to World Class Infrastructure ● Production from Huguenot and Flatbed would be shipped by rail to one of the three export terminals Dawson Creek on the west coast of British Columbia Canada Chetwynd ● Access to deep water export terminals, including the Neptune and Westshore terminals in Vanco

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