Parkway Corporate Limited · ASX:PWN
Parkway Corporate — Parkway Minerals NL — Merger or Acquisition (August 2019)
26 slides from Parkway Corporate's merger presentation, Aug 5, 2019
Slide 1: Strategic Acquisition - Acquisition Presentation
For personal use only STRATEGIC ACQUISITION Attractive Projects § Karinga Lakes – K (SOP) Acquisition Presentation Value-Creation § New Mexico Lithium – K (MOP), Li Platform § Lake Seabrook Potash – K (SOP) CPC ™ § Dandaragan Trough – K (SOP), P Technology Portfolio CONSOLIDATED § aMES™ - brine proc
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only. Neither this presentation nor the information contained in it constitute an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may not be distributed in
Slide 3: Presentation Overview
Presentation Overview Transaction Overview For personal use only § Transaction Rationale 4 § Strategic Portfolio Expansion – Synergies 5 § Transaction Structure & Acquisition Consideration 6 § Pro-Forma Capital Structure & Board 7 § Overview of Consolidated Potash Corp. (CPC) 8 CPC Projects § Karing
Slide 4: Transaction Rationale
Transaction Rationale For personal use only Overview CPC ™ § Parkway has executed a Binding Terms Sheet to acquire 97.79% of Australian CONSOLIDATED unlisted public company, Consolidated Potash Corp. (CPC) and will move to Potash Corporation compulsorily acquire the remaining 2.21%. Attractive Proje
Slide 5: Strategic Portfolio Expansion – Synergies
Strategic Portfolio Expansion – Synergies For personal use only PWN to Acquire 100% of CPC CPC ™ § PWN has executed binding Terms CONSOLIDATED Sheets to acquire 97.79% of CPC. Potash Corporation Technology Strategic Investments Projects Projects Technology K-Max® Technology (100% PWN) Davenport Reso
Slide 6: Transaction Structure & Acquisition Consideration
Transaction Structure & Acquisition Consideration Transaction Overview For personal use only § Parkway has agreed to acquire 97.79% of CPC by issuingi the Acquisition Consideration, and intends to concurrently complete a capital raising. § Post-completion, Parkway will move to compulsorily acquire t
Slide 7: Pro-Forma Capital Structure & Board
Pro-Forma Capital Structure & Board Present Structure Post-Transaction Completion Structure (pro-forma) For personal use only Ordinary Shares (PWN) 633,932,540 Ordinary Shares (PWN) 1,220,515,080 Frankfurt Code (A1JH27) Includes placement of 12-Month Range $0.003 – 0.010 $0.005 90,000,000 PWN Market
Slide 8: Overview of Consolidated Potash Corp. (CPC)
Overview of Consolidated Potash Corp. (CPC) CPC CPC Shareholdersi ™ For personal use only CONSOLIDATED § 44.23% Lions Bay Capital (TSX-V: LBI) Potash Corporation § 42.52% Activated Logic Pty Limitedii § 7.05% Rhodes Mining Limited § 3.87% Kalina Power (ASX: KPO) Projects Technology § 2.33% Minority
Slide 9: Karinga Lakes Potash Project (KLPP) – Overview
CPC ™ CONSOLIDATED Potash Corporation Karinga Lakes Potash Project (KLPP) – Overview For personal use only Introduction § CPC has earned an initial 15% interest in the KLPP, and has the right to acquire up to 40% through staged investment of further $2 million. § CPC holds a conditional optioni to a
Slide 10: Karinga Lakes – Project Appraisal
CPC ™ CONSOLIDATED Potash Corporation Karinga Lakes – Project Appraisal For personal use only Projecti Appraisal § The KLPP has undergone comprehensive appraisal and represents a highly prospective sulphate of potash (SOP) brine project. § Verdant Minerals have been exploring the KLPP area since May
Slide 11: Karinga Lakes (KLPP) – Forward Plan
CPC ™ CONSOLIDATED Potash Corporation Karinga Lakes (KLPP) – Forward Plan For personal use only Overview § On 18 February 2019, Lions Bay Capital and Verdant Minerals announced that CPC had satisfied all of the Key Performance Indicators (including the delivery of a Scoping Study based on the aMES™
Slide 12: Case Study – Unlocking Value from the KLPP
CPC ™ CONSOLIDATED Potash Corporation Case Study – Unlocking Value from the KLPP For personal use only Overview aMES™ Flowsheet Development (SOP Processing) § Well defined sulphate of potash (SOP) project in central Australia (NT). § CPC has performed extensive studies on the KLPP, § Extensive proje
Slide 13: New Mexico Lithium Project (NMLP) - Overview
CPC ™ CONSOLIDATED Potash Corporation New Mexico Lithium Project (NMLP) - Overview For personal use only Introduction § CPC has acquired an initial 50% interest in the NMLP, and has the right to acquire up to 100% through staged investment. § Project covers 40km2 on federal BLM claims – no royalties
Slide 14: Lake Seabrook (100% PWN)
Lake Seabrook (100% PWN) For personal use only Introduction § The Lake Seabrook project is a salt lake in the Wheatbelt region of Western Australia, northeast of Southern Cross, very close to the Perth-Kalgoorlie rail line. The Company has approximately 101 square kilometres of granted tenure over t
Slide 15: Dandaragan Trough (100% PWN)
Dandaragan Trough (100% PWN) For personal use only Overview § The Dandaragan Trough hosts one of the world’s largest glauconite/greensands deposits, containing abundant P and K. § Widths greater than 20km § Many intersections greater than 40m thick § Regionally extensive - extends ~150km along strik
Slide 16: Davenport Resources
Davenport Resources (ASX: DAV) For personal use only Overview § Davenport Resources is a pure-play potash company with a globally significant potash resource inventory (largest in Western Europe), in an established potash mining district of Central Germany. PWN Shareholding PWN is the largest shareh
Slide 17: Why Invest in PWN?
Why Invest in PWN? For personal use only Overview CPC ™ § Parkway has executed a Binding Terms Sheet to acquire 97.79% of Australian CONSOLIDATED unlisted public company, Consolidated Potash Corp. (CPC) and will move to Potash Corporation compulsorily acquire the remaining 2.21%. Attractive Projects
Slide 18: Building a Platform for Growth
Building a Platform for Growth For personal use only Indicative Transaction Timeline Parkway anticipates the key milestones relating to the completion of the CPC acquisition transaction, are as follows: Parkway’s § Notice of Meeting sent to Shareholders Friday 9 August 2019 Acquisition of CPC is sub
Slide 19: Appendices
APPENDICES For personal use only Appendix 1 § 1A - Director Profiles 20 Adrian Griffin § 1B Project Location Map 21 Non-Executive Chairman Appendix 2 § 2A – Generalised Water Balance – Mining Industry 22 § 2B – aMES™ - Solving Problems & Creating Value 23 Patrick McManus Bahay Ozcakmak § 2C – aMES™
Slide 20: Appendix 1A - Board of Directors
Appendix 1A Board of Directors Board of Directors – Current Board of Directors – Post Acquisition of CPC For personal use only Adrian Griffin – Non-Executive Chairman Adrian Griffin – Non-Executive Chairman § Adrian is an Australian-trained mining professional, has had exposure to metal mining and p
Slide 21: Appendix 1B - Project Location Map
Appendix 1B Project Location Map For personal use only CPC ™ PWN has executed Binding CONSOLIDATED Terms Sheet to acquire CPC. Potash Corporation PWN is the largest shareholder of ASX: DAV. NMLP DAV LSPP DTP KLPP Lordsburg Playa South Harz Lake Seabrook Dandaragan Trough Karinga Lakes - commodity: M
Slide 22: Appendix 2A - Generalised Water Balance – Mining Industry
CPC ™ Appendix 2A The CPC opportunity to commercialise the aMES™ technology CONSOLIDATED Potash Corporation Generalised Water Balance – Mining Industry For personal use only Desalination Waste Brine* Waste Brine § For every litre of freshwater output, desalination plants - chemicals produce on avera
Slide 23: Appendix 2B - aMES™ - Solving Problems & Creating Value
CPC ™ Appendix 2B The CPC opportunity to commercialise the aMES™ technology CONSOLIDATED Potash Corporation aMES™ - Solving Problems & Creating Value For personal use only aMES™ - Advantages Waste Brine § Improvements in mineral recovery and product quality. - chemicals aMES § Opportunity for substa
Slide 24: Appendix 2C - aMES™ - Key Technological Innovations
CPC ™ Appendix 2C The CPC opportunity to commercialise the aMES™ technology CONSOLIDATED Potash Corporation aMES™ - Key Technological Innovations For personal use only Selective & Precise Impact § Multilayered aMES™ process design provides several degrees of control. § Higher quality products. § Ran
Slide 25: Appendix 2D - aMES™ - Value Creation Strategy
CPC ™ Appendix 2D The CPC opportunity to commercialise the aMES™ technology CONSOLIDATED Potash Corporation aMES™ - Value Creation Strategy For personal use only Overview aMES™ Application Evaluation – Business Model § The aMES™ technology has attracted the interest of several major OEM For each typ
Slide 26: Contact Details
For personal use only Contact Details Adrian Griffin Patrick McManus Bahay Ozcakmak Patrick Power Chairman Managing Director Executive Director - nominee* Non-Executive Director - nominee* +61 (0) 418 927 658 +61 (0) 408 956 798 +61 (0) 414 596 007 +1 (604) 218 8772 adrian.griffin@parkwayminerals.co
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