Ragnar Metals Limited · ASX:RAG
Ragnar Metals — Investor Presentation (May 2026)
23 slides from Ragnar Metals's investor presentation, May 2026
Slide 1: Highly prospective Swedish exploration backed by Australian production
Highly prospective Swedish exploration backed by Australian production Investor Presentation MAY 2026
Slide 2: Disclaimers & Compliance Statements
Disclaimers & Compliance Statements DISCLAIMER NOT INVESTMENT ADVICE The information contained in this presentation or subsequently provided to any recipient of Each recipient of the Presentation should make its own enquiries and investigations this presentation whether orally or in writing by or on
Slide 3: Investment Highlights
Investment Highlights Diversified, gold-focused strategy High-Grade Swedish Strategic Gold Asset equity stakes historically producing Harnäs in Kaiser Reef (ASX:KAU) & gold project in Sweden High-Tech Metals (ASX:HTM) Exploration Additional upside shots on goal in Sweden backed by investment lithium
Slide 4: Capital structure
Capital structure SHARE PRICE 0.05 CAPITAL STRUCTURE 0.04 ASX Code RAG Share Price (4 May 26) $0.026 0.03 Shares on Issue 488.5 M 0.02 Market Capitalisation $12.70 M Cash & Investments $10.97 M 0.01 EV $1.37 M 0.00 Options & performance rights 134.4M VOLUME 7 Millions 6 MAJOR SHAREHOLDERS 5 INVESTOR
Slide 5: Board and Management
Board and Management MR. STEVE FORMICA MR. EDDIE KING MR. DAVID WHEELER NON-EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Mr Formica brings to the Company Mr. King is a qualified Mining Engineer. Mr Wheeler has more than 30 years of practical management and business Mr. King holds a B
Slide 6: Technical Team
Technical Team Leo is Ragnar’s primary Technical Advisor and a technical geologist with 24 years’ global experience across precious, base, battery and rare earth metals, diamonds and uranium. He has worked across Canada, Australia, SE Asia, South America, Africa and Europe, and led high-grade uraniu
Slide 7: Projects & Investments
Projects & Investments Harnäs Gold Project Sweden Gladhammar Copper and Gold Project Sweden Orrvik and Bergom Lithium Projects Sweden Olserum North REE Project Sweden Tullsta Nickel Project (NSR only) Sweden Leeds Project Western Australia INVESTOR PRESENTATION High-Tech Metals (ASX: HTM) Western Au
Slide 8: Top-tier jurisdiction – globally and locally
Top-tier jurisdiction – globally and locally Harnäs INVESTOR PRESENTATION Harnäs Mine Location Värmland County Source : mindat.org 8
Slide 9: Harnäs Gold Project
Harnäs Gold Project High-grade, historically producing gold project in southwestern Sweden • Option to earn up to 75% (1,094ha across two licences) • ~5,290oz of historic gold production from shallow 20m open pit • Orogenic quartz–pyrite vein system, open along strike & at depth • Excellent infrastr
Slide 10: Harnäs gold project
Harnäs gold project Reprocessing of Historical IP Identified several new targets along strike from Harnäs High-resolution UAV magnetics 25m-spaced UAV magnetic survey to refine structural targets High grade channel sampling Identified extensive mineralization along the edge of the pit of up to 3.3 g
Slide 11: Drill Plan Map
11 INVESTOR PRESENTATION Drill Plan Map
Slide 12: Regional Targets
INVESTOR PRESENTATION 12 Regional Targets
Slide 13: Kaiser Reef: Strategic Equity Position in Growing Gold Producer
Kaiser Reef (ASX:KAU) Strategic Equity Position in Growing Gold Producer • Ragnar holds 33.4M shares (5.6%) + 16.7M options ARGONAUT RESEARCH – ($0.22, exp. Jul 2028) -- KAU ~$150M market cap @ $0.25 Jan 2026, share price target 74c • Exposure to multi-asset Australian gold producer (Victoria & Tasm
Slide 14: High-Tech Metals
High -Tech Metals Strategic Position in Emerging WA Gold Developer targeting 2026 production • Ragnar holds 5M shares (4.75%) – HTM ~$28m market cap @ $0.26 • Exposure to Mt Fisher (100%) & Mt Eureka (75%) projects in WA • Combined JORC Resource: 3.52Mt @ 1.65g/t Au for 187koz Wagtail – High-Grade D
Slide 15: Next steps
Next steps Newsflow Harnäs Gold Gladhammar Developments Project Copper/Gold Project Milestones • Assays pending from maiden • Geophysics, mapping, targeting • Ongoing production & diamond drilling program magnetic anomalies & drill developments milestones target definition INVESTOR PRESENTATION from
Slide 16: Investment Highlights
Investment Highlights Diversified, Gold- High-Grade Swedish Strategic Focused Strategy Gold Asset Equity Stakes Direct and indirect exposure to Historically producing Harnäs in Kaiser Reef (ASX:KAU) & High-Tech gold projects across Sweden and gold project in Sweden Metals (ASX:HTM) Australia Explora
Slide 17: Contact us
Contact us P: +61 8 6245 2050 Eddie King – Executive Director E: info@ragnarmetals.com.au Ragnar Metals W: ragnarmetals.com.au
Slide 18: Appendix
INVESTOR PRESENTATION 18 Appendix
Slide 19: Olserum-Gladhammar Copper/Gold Project
Olserum -Gladhammar Copper/Gold Project • 159 km² IOCG-focused landholding in Southern Sweden • Centred on historic Gladhammar Cu–Au mine within emerging IOCG corridor • Geological signature consistent with Fennoscandian IOCG systems High-Grade Surface Results • Domstugan: 0.8% Cu, 1.2 g/t Au, 48 g/
Slide 20: Lithium projects
Lithium projects Orrvik Lithium Project The Orrvik Lithium Project covers an area of 36km² of highly prospective ground. The project includes two documented spodumene occurrences from shallow drilling that are at surface and 5km apart. The Orrvik occurrence is located in a highly prospective distric
Slide 21: Klockartorpet Uranium Project
Klockartorpet Uranium Project High-Grade Surface Discovery Highlight Rock-Chip Results • Up to 0.29% U₃O₈ • Additional assays of 0.15% U₃O₈ and 0.12% U₃O₈ • Associated Zr–Hf–Ag mineralisation suggests potential magmatic linkage District-Scale Upside • Reprocessed radiometrics define a ~1km uranium a
Slide 22: Olserum North Project
Olserum North Project Olserum North HREE Project The project tenure covers an area of 21 km², strategically located 8.5 kilometres north of the Olserum HREE deposit. This area has a high potential for rare earth element (REE) deposits, as indicated by rock assays from Hylleled’s Prospect, where rock
Slide 23: WA Gold Project
WA Gold Project • 80% interest in the Leeds Gold Project, Western Australia • Located in the prolific Norseman–Wiluna Greenstone Belt, ~20km from St Ives Gold Camp • Covers 3.94km² across two granted prospecting licences • Mining Lease application underway, advancing towards development • Positioned