Jade Gas Holdings Limited · ASX:JGH
Jade Gas — Shareholder Meeting (May 2022)
33 slides from Jade Gas's shareholder meeting presentation, May 31, 2022
Slide 1: 2022 Annual General Meeting
For personal use only 2022 Annual General Meeting (ASX: JGH) 31 May 2022
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Jade Gas Holdings Limited (“Jade” or the “Company”), with the purpose of providing general information about the Company. This presentation contains certain statements which may constitute “forward-looking statements”. Such stat
Slide 3: Contents
Contents For personal use only Chairman’s Address Managing Director’s Presentation Financial Statements and Reports Resolutions Contacts 3
Slide 4: Chairman’s Address
Chairman’s Address For personal use only Dennis Morton – Non-Executive Chairman Mr Morton has over 40 years’ experience in the oil and gas industry, including seven years as founding CEO and Managing Director at Eastern Star Gas Limited. Mr Morton is a geologist with extensive experience in the mana
Slide 5: Managing Director’s Presentation
Managing Director’s Presentation For personal use only Chris Jamieson – Managing Director and Chief Executive Officer Mr Jamieson has over 25 years’ experience in the resources and corporate finance industries having previously held senior roles with ASX Listed Beach Energy Ltd, Normandy Mining Ltd
Slide 6: Milestones and Catalysts
Milestones and Catalysts For personal use only Key milestones delivered quickly following listing with further near-term catalysts in progress SUCCESSFUL CAPITAL RAISING $6.7m to fund 2022 program Near-term catalysts for TTCBM Project, new permit drilling and items for PERMEABILITY AND GAS SATURATIO
Slide 7: Quality Portfolio of Mongolian CBM Permits
Quality Portfolio of Mongolian CBM Permits For personal use only Three high quality permits covering in excess of 18,000 km2 in existing coal basins Tavan Tolgoi Coal Bed Methane project ▪ Jade (60%), Erdenes Methane LLC (40%), permit area 665 km2 ▪ Four wells completed in six well drilling program
Slide 8: Recent Successful Capital Raising
Recent Successful Capital Raising For personal use only $6.7m to fast track and expand exploration and appraisal of TTCBM Project and new permits TTCBM PROJECT SHIVEE GOBI EASTERN GOBI 2023 PROGRAM CORP/ADMIN $3.3 million $0.3 million $0.3 million $0.5 million $2.3 million ▪ Upgraded 2022 ▪ Further
Slide 9: Investment Highlights
Investment Highlights For personal use only 1 2 3 4 5 6 COMPELLING DEFINED WORK NEW PERMITS MONGOLIAN TEAM IN PLACE STRATEGIC OPPORTUNITY PROGRAM ADD SCALE TO ENERGY MARKET WITH THE RIGHT PARTNERSHIP WITH TO DEVELOP NEW CURRENTLY EXISTING TTCBM POSITIVE EXPERIENCE TO MONGOLIAN GAS ASSETS UNDERWAY PR
Slide 10: Appendices - Assets
For personal use only Appendices - Assets 10
Slide 11: TTCBM Project
TTCBM Project For personal use only High gas content and composition with thick gas bearing coal seams of interest ▪ TAVANTOLGOI-XXXIII Production Sharing Agreement (PSA): 665 km2 area over the Tavan Tolgoi coal field (Jade 60%) ▪ Eight wells drilled by Jade in 2019 defined targets for current drill
Slide 12: TTCBM Project Drilling Program – 2021/22
TTCBM Project Drilling Program – 2021/22 For personal use only Current six well drilling program focused on delivering contingent resource certification Red Lake-1 ▪ Total depth (“TD”) at 1,012 metres; 145 metres of coal core recovered; 58 metres gas bearing ▪ Gas composition: 98% methane in seam II
Slide 13: TTCBM Project Drilling Program – 2021/22
TTCBM Project Drilling Program – 2021/22 For personal use only Safety Briefing Coal processing at Red Lake-1 TTCBM Project Camp Red Lake-1 Drilling Winter Drilling Prep Mobile Lab Mobile Lab Operations Technical Team 13
Slide 14: Shivee Gobi
Shivee Gobi For personal use only Significant CBM potential with third largest coal mine within permit boundary ▪ 100% ownership of Prospecting Agreement permits (PA) ▪ Permit area of 8,317 km2 ▪ Located approximately 300 kilometres south of Ulaanbaatar ▪ Contains the Shivee Ovoo coal mine as well a
Slide 15: Eastern Gobi Permit
Eastern Gobi Permit For personal use only Areally extensive permit with known coal deposits offering significant CBM potential ▪ 100% ownership of PA ▪ Permit area 9,691 km2 ▪ Located approximately 500 kilometres south of Ulaanbaatar ▪ Coal core drilling commenced by Mongolian coal companies ▪ Known
Slide 16: Business of the Meeting: The Financial Reports of the Directors and Auditors
Business of the Meeting: The Financial Reports of the Directors and Auditors For personal use only For Consideration The Company’s Annual Report for the period ending 31 December 2021 was released on 31 March 2022 The Annual Report is available for download from the Company’s website at the followin
Slide 17: Business of the Meeting: Resolutions
Business of the Meeting: Resolutions For personal use only Resolutions • Resolution One: Adoption of the Remuneration Report • Resolution Two: Ratification of Prior Issue of Placement Shares • Resolution Three: Approval of Issue of Placement Shares to Director Joseph Burke • Resolution Four: Electio
Slide 18: One: Adoption of the Remuneration Report
Resolution One: Adoption of the Remuneration Report For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as a non-binding resolution: “That, for the purposes of section 250R(2) of the Corporations Act 2001 (Cth) and for all other purposes,
Slide 19: Two: Ratification of Prior Issue of Placement Shares
Resolution Two: Ratification of Prior Issue of Placement Shares For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders ratify
Slide 20: Three: Approval of Issue of Placement Shares to Director Joseph Burke
Resolution Three: Approval of Issue of Placement Shares to Director Joseph Burke For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 10.11 and for all other purposes, S
Slide 21: Four: Election of Director – Peter Lansom
Resolution Four: Election of Director – Peter Lansom For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Article 12.8 of the Company's Constitution and for all other purposes, Mr Peter
Slide 22: Five: Election of Director – Chris Jamieson
Resolution Five: Election of Director – Chris Jamieson For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Article 12.6 of the Company's Constitution and for all other purposes, Mr Chri
Slide 23: Six: Employee Incentive Plan
Resolution Six: Employee Incentive Plan For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purpose of Listing Rule 7.2 Exception 13(b) and for all other purposes, the Company is authorised to gran
Slide 24: Seven: Ratification of the Issue of 4,000,000 Unlisted Options Under 7.1
Resolution Seven: Ratification of the Issue of 4,000,000 Unlisted Options Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all oth
Slide 25: Eight: Ratification of the Issue of 4,000,000 Unlisted Options Under 7.1
Resolution Eight: Ratification of the Issue of 4,000,000 Unlisted Options Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all oth
Slide 26: Nine: Ratification of the Issue of 12,000,000 Unlisted Options Under 7.1
Resolution Nine: Ratification of the Issue of 12,000,000 Unlisted Options Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all oth
Slide 27: Ten: Ratification of the Issue of 5,000,000 Unlisted Options Under 7.1
Resolution Ten: Ratification of the Issue of 5,000,000 Unlisted Options Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all other
Slide 28: Eleven: Ratification of the Issue of 5,000,000 Unlisted Options Under 7.1
Resolution Eleven: Ratification of the Issue of 5,000,000 Unlisted Options Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all ot
Slide 29: Twelve: Ratification of the Issue of 16,000,000 Performance Rights Under 7.1
Resolution Twelve: Ratification of the Issue of 16,000,000 Performance Rights Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all
Slide 30: Thirteen: Ratification of the Issue of 8,000,000 Performance Rights Under 7.1
Resolution Thirteen: Ratification of the Issue of 8,000,000 Performance Rights Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for al
Slide 31: Fourteen: Ratification of the Issue of 1,000,000 Performance Rights Under 7.1
Resolution Fourteen: Ratification of the Issue of 1,000,000 Performance Rights Under ASX Listing Rule 7.1 For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for al
Slide 32: Fifteen: Approval of Issue of Equity Securities for the Purpose of 7.1A
Resolution Fifteen: Approval of Issue of Equity Securities for the Purpose of ASX Listing Rule 7.1A For personal use only To consider and, if thought fit, pass, with or without amendment, the following resolution as a special resolution: “That, for the purposes of ASX Listing Rule 7.1A and for all o
Slide 33: Contacts
For personal use only Contacts Chris Jamieson Justin Green Investor Relations Managing Director and Financial Controller and Elvis Jurcevic Chief Executive Officer Company Secretary ej@jadegas.com.au cjamieson@jadegas.com.au jgreen@jadegas.com.au