Ecora Royalties Plc · LSE:ECOR
Ecora Royalties — Anglo Pacific Group — Merger or Acquisition (March 2020)
10 slides from Ecora Royalties's merger presentation, March 2020
Slide 1: Incoa Financing
Anglo Pacific Group PLC INCOA FINANCING March 2020
Slide 2: Important Disclaimer
2 IMPORTANT DISCLAIMER Certain statements in this presentation, other than statements of historical fact, are forward-looking statements based on certain assumptions and reflect the Company’s expectations and views of future events. Forward- looking statements (which include the phrase ‘forward-look
Slide 3: Transaction Summary: Incoa Financing Overview
3 TRANSACTION SUMMARY INCOA FINANCING OVERVIEW • Anglo Pacific Group PLC (“Anglo Pacific” or the “Company”), together with Orion Mineral Royalty Fund LP – Series 1 and Orion Mineral Royalty Fund LP – Overflow Series 1 (collectively “Orion”) has entered into a financing agreement with Incoa Performan
Slide 4: Investment Highlights
4 INVESTMENT HIGHLIGHTS FURTHER DIVERSIFIED COMMODITY EXPOSURE • Portfolio further diversified to include industrial minerals • Exposure to a broad range of high-volume products PRODUCING ROYALTY AT THE TIME OF FUNDING • Anglo Pacific investment to occur after construction is complete and the operat
Slide 5: Project Overview
5 PROJECT OVERVIEW (1) Transportation from Port Operations in the Shipping from Port to US Mining Operations Mine to Port Dominican Republic Processing Facility • Located in the Dominican • Bulk mineral transported in • Bulk mineral to be loaded onto a • Bulk mineral transported to Republic covered
Slide 6: Company Overview
6 COMPANY OVERVIEW LEVERAGING ITS HIGH QUALITY DEPOSIT, INCOA INTENDS TO PRODUCE HIGH QUALITY GROUND CALCIUM CARBONATE PRODUCTS IN THE UNITED STATES. OVERVIEW (1) LOCATION (1) • Incoa is a portfolio company of Peterson Partners, a Salt Lake City- NC OK TN Canada based private equity and venture capi
Slide 7: Calcium Carbonate Market Overview
7 CALCIUM CARBONATE MARKET OVERVIEW CALCIUM CARBONATE OVERVIEW (1) CALCIUM CARBONATE MARKETS (1) • Typically found in chalk, marble and limestone deposits and used in a Particle Size (2) Value Illustrative Applications variety of low and high value end markets • Food • Rubber High Value • Beverages
Slide 8: Community Support, Health and Safety, and Environmental Responsibility
8 COMMUNITY SUPPORT, HEALTH AND SAFETY, AND ENVIRONMENTAL RESPONSIBILITY ANGLO PACIFIC HAS CARRIED OUT THOROUGH DUE DILIGENCE IN ACCORDANCE WITH THE COMPANY’S ESG POLICIES AND IS SUPPORTIVE OF INCOA'S APPROACH TOWARDS ACHIEVING BEST ESG PRACTICES. IFC PERFORMANCE STANDARDS COMMUNITY INVOLVEMENT (2)
Slide 9: Royalty Portfolio Exposure
9 ROYALTY PORTFOLIO EXPOSURE COMMODITY EXPOSURE GEOGRAPHIC EXPOSURE Broker consensus NAV (1) Broker consensus NAV (1) COKING COAL (2) 33% AUSTRALIA 50% IRON ORE 22% NORTH AMERICA 27% THERMAL COAL (2) 13% SOUTH AMERICA 20% BASE METALS (3) 12% EUROPE 2% URANIUM 8% OTHER 1% VANADIUM 8% GOLD (4) 2% OTHE
Slide 10: Geographic and Commodity Exposure
10 GEOGRAPHIC AND COMMODITY EXPOSURE 16 PRINCIPAL ROYALTY AND STREAMING RELATED ASSETS OVER FIVE CONTINENTS. PRODUCING ROYALTY COMMODITY OPERATOR LOCATION ROYALTY RATE / IRON ORE STREAM VOLUME 1 COMPANY OF CANADA KESTREL 2 COKING & EMR CAPITAL / AUSTRALIA 7 – 15% GRR MCCLEAN LAKE THERMAL COAL PT ADA
Anglo Pacific Group — Merger or Acquisition (March 2020) on 6ix