White Energy Company Limited · ASX:WEC
White Energy — Investor Presentation (November 2025)
30 slides from White Energy's investor presentation, Nov 19, 2025
Slide 1: Building Australia's Next Copper Discovery
Building Australia’s Next Copper Discovery INVESTOR PRESENTATION // 19 NOVEMBER 2025 Not for release to US wire services or distribution in the United States whiteenergyco.com ASX: WEC OTC: WECFF Rock Chip Sample – Specimen Hill
Slide 2: Legal Disclaimers
Legal Disclaimers This presentation (Presentation) is dated 19 November 2025 and has been prepared by White Energy Company Limited ACN 071 527 083 (Company) This Presentation has been prepared in relation to a pro rata non-renounceable entitlement offer of new fully paid ordinary shares in the Compa
Slide 3: Legal Disclaimers
Legal Disclaimers Industry data Certain market and industry data used in connection with this Presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither the Company nor its representatives have independently v
Slide 4: Disclaimer
Disclaimer Forward-Looking Statements This presentation contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operation
Slide 5: Offer details
Offer details Offer size and structure Capital raising of approximately $3.5 million (before costs) via a 5 for 12 (5 new shares (Offer Shares) for every 12 existing shares held at the record date) partially underwritten, non-renounceable pro rata entitlement offer to eligible shareholders at an iss
Slide 6: Offer details
Offer details Director participation Brian Flannery together with his associated entities Ilwella Pty Ltd and Ganra Pty Ltd will take up their full entitlement. Each of Vince O’Rourke and Keith Whitehouse intend to take up part of their entitlement. Major shareholder participation The two substantia
Slide 7: Sources & use of funds
Sources & use of funds Sources of Funds A$ Uses of Funds A$ Entitlement Offer 3,505,723 Exploration & evaluation expenditure 1,228,142 General corporate purposes 1,485,750 Costs of the Offer 291,831 Working capital2 500,000 Total 3,505,723 Total 3,505,723 2. The Company may enter into an unsecured l
Slide 8: Indicative timetable
Indicative timetable EVENT DATE Announcement of Entitlement Offer Wednesday, 19 November 2025 Ex date for Entitlement Offer Friday, 21 November 2025 7:00 p.m. (AEDT) on Monday, 24 Record date for Entitlement Offer November 2025 Entitlement Offer opens Wednesday, 26 November 2025 Offer Booklet and En
Slide 9: Corporate Snapshot
Corporate Snapshot Corporate Structure ASX Share Price Performance ($A) 0.08 A$0.030 311.62m 0.07 0.06 Share price Shares on issue 0.05 18 November 2025 18 November 2025 0.04 52 week high $0.06, low $0.028 0.03 A$9.3m A$2.0m 0.02 0.01 0 Market capitalisation Cash balance 3/1/25 4/1/25 5/1/25 6/1/25
Slide 10: Leadership
Leadership White Energy’s Board has extensive experience in the energy and resources sector with vast expertise in project acquisition and development Greg Sheahan Brian Flannery Vincent O’Rourke AM Mike Chapman Keith Whitehouse Peter Beier Chief Executive Officer Non-Executive Chairman Non-Executiv
Slide 11: Investment Highlights
Investment Highlights Targeting major copper-gold systems underpinned by high-tech exploration in proven belts Near-term Tier-1 Evidence Copper Experienced Technology- copper discovery geological of a large market leadership driven potential setting system tailwinds team exploration (QLD) (NT) (QLD
Slide 12: Specimen Hill Project
Specimen Hill Project Near-Term Drilling in an Emerging Copper Region Advancing a flagship copper-gold discovery opportunity in Central Queensland • Located within the mineral-rich New England Orogen - host to major deposits including Mount Morgan (50 Moz Au)1 • Strategically positioned ~13km south
Slide 13: Specimen Hill Project
Specimen Hill Project 3.1% Cu 1.36% Cu Evidence of a Large Copper-Rich Rock chip samples from System Specimen Hill Historical work confirms strong copper and gold potential • Extensive copper mineralisation confirmed across the tenement, with multiple untested anomalies • Rock-chip sampling returned
Slide 14: Specimen Hill Project
Specimen Hill Project Active Program Testing Copper Anomalies Six-week core-drilling campaign underway targeting high-priority zones • Drilling commenced October 2025, with initial focus on Mt Rainbow and Mt Walturn • Targeting IP, magnetic and geochemical anomalies and verifying historical copper a
Slide 15: Specimen Hill Project
Specimen Hill Project Active Program Testing Copper Anomalies Six-week core-drilling campaign underway targeting high-priority zones • Two holes have been drilled on the Mt Rainbow site. The hole targeted an IP anomaly. Without significant mineralisation in the target zone the hole was terminated at
Slide 16: Tindal Project
Tindal Project 11,600 km² Copper-Gold-Rare Earth Element Project in NT Large, underexplored ground in the McArthur Basin • 22 contiguous tenements,16 granted, covering 11,629 km² in a proven mineral province • Located within the McArthur Basin, host to world-class deposits including McArthur River Z
Slide 17: Tindal Project
Tindal Project Proven Basin With World-Class Analogues Irish type Pb-Zn Exploration program guided by deep deposit, hosted in crustal mapping carbonate sedimentary rocks • Located in the Beetaloo Sub Basin of the McArthur Basin, along the Mallapunyah Fault and Daly Arch, structural features, with de
Slide 18: Copper Market Outlook
Copper Market Outlook Strong Long-Term Demand Growth Driving Exploration Upside • Global copper demand is forecast to double by 2050, driven by electrification, renewable energy and electric vehicles1 • Structural supply deficit emerging from 2026 onward as new discoveries and mine expansions lag co
Slide 19: Leveraging AI & Structural Geophysics for Discovery Advantage
Leveraging AI & Structural Geophysics for Discovery Advantage White Energy, through its research partnership with INRS* applies deep-crustal imaging and AI modelling of geochemistry and geophysics to pinpoint high-potential mineral systems We have been impressed with the results obtained from the de
Slide 20: Binderless Coal Briquetting (BCB) Technology
Binderless Coal Briquetting (BCB) Technology White Energy is the exclusive worldwide licensee of a technology that transforms coal and coal fines into more valuable, higher energy briquettes (without binders) • White Energy is assisting its joint venture partner Proterra Investment Partners with a B
Slide 21: Additional Projects
Additional Projects Diversified Portfolio Positioned for Tier-1 Copper and Critical Mineral Discoveries Across Australia Robin Rise (SA) • IOCG within Olympic Dam G9 Structural Corridor and high potential Geoscience Australia IOCG Domain Lora Creek (SA) • IOCG-U-style potential, early-stage work ong
Slide 22: Robin Rise Project, SA
Robin Rise Project, SA Underexplored, prospective for copper and IOCG-style Positioned in South Australia’s world-class copper corridor • Located in the Gawler Craton giving exposure to South Australia’s G2 structural corridor • Highly prospective for copper and gold due to its position in the Olymp
Slide 23: Lora Creek Project
Lora Creek Project Early-Stage IOCG-U-Style Potential Exploration ground in South Australia’s Olympic Dam Structural Corridor Coober Pedy • Tenement acquired on similarities in Town Centre deep crustal geophysics with Tier 1 IOCG-U-style deposits in South Australia observed by INRS • Basement is exp
Slide 24: Maranoa Project, QLD
Maranoa Project, QLD Under explored, geologically and structurally prospective region close to Brisbane. Extensive historic small-scale workings for multiple commodities Stream sediment sampling geochemistry has confirmed anomalous responses in Cu, Co, Au, Ag, Zn, Pb, and rare earth elements • Initi
Slide 25: Summary
Summary Large-scale copper potential • Specimen Hill shows evidence of a porphyry/IOCG-style system; Tindal adds 11,629 km² in the McArthur Basin with historic Cu/Zn intersections Drilling underway at Specimen Hill • Program in progress with assays due Q4 2025,testing anomalies and twinning historic
Slide 26: Risk Factors
Risk Factors Risk Factors The activities of the Company, as in any business, are subject to risks, some of which are specific to the Company and the coal and mineral exploration industries in general, which may impact on its future performance. The Company has appropriate actions, systems and safegu
Slide 27: Risk Factors (continued)
Risk Factors (continued) • The Company has previously disclosed, including in its 2025 Annual Report, that on 16 July 2025 its 51%-owned subsidiary, River Energy JV UK Limited (REUK) appointed liquidators to undertake a members voluntary liquidation. REUK is the former holding company of the Group’s
Slide 28: Risk Factors (continued)
Risk Factors (continued) • The Group’s binderless coal briquetting (BCB) technology may be impacted by emerging alternative technologies or delays in commercialisation. The Group’s financial performance may also be adversely affected if it cannot maintain competitive technological advantages. The BC
Slide 29: Risk Factors (continued)
Risk Factors (continued) • Climate change presents climate-related risks and opportunities for the Group and its customers. Climate-related transition risks include changes in government regulations in the countries where the Group operates, which could restrict coal usage and negatively impact long
Slide 30: Contact
Contact Greg Sheahan Chief Executive Officer White Energy Company Limited Lobby 1, Level 2 76 Skyring Terrace Newstead Queensland 4006 Phone: +61 7 3229 9035 info@whiteenergyco.com ASX: WEC OTC: WECFF whiteenergyco.com
White Energy Company — Investor Presentation (November 2025) on 6ix