Nuinsco Resources Limited · CSE:NWI
Nuinsco Resources — Shareholder Meeting (June 2013)
9 slides from Nuinsco Resources's shareholder meeting presentation, Jun 28, 2013
Slide 1: Building on 40 Years of Exploration Success
Building on 40 Years of Exploration Success AGM June 28, 2013 Questions? TSX:NWI sean.stokes@rogers.blackberry.net
Slide 2: Disclaimers
2 Disclaimers This document contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information. This f
Slide 3: Accomplishments 2012/2013
3 Accomplishments 2012/2013 TSX:NWI
Slide 4: Financing Options
4 Financing Options Nuinsco is an exploration company Exploration companies typically do not generate operating cash Cash to fund activities comes from: Sale of shares This is really not a viable option in the current equity markets Sale of projects Values extremely low because of curr
Slide 5: Financial Position as at March 31, 2013
5 Financial Position as at March 31, 2013 Working Capital $2.6 million Add: Credit Facility Available $1.5 million Adjusted Funds Available $4.1 million Balance of Loan to Victory Nickel ($1.5 million) Net Funds Available $2.6 million TSX:NWI
Slide 6: Victory Nickel $2.5 Million Loan – Why?
6 Victory Nickel $2.5 Million Loan – Why? Fully secured Value to Nuinsco: Share Equivalent Income @ $0.025/share Set-up Fee $250,000 10,000,000 Standby fee – 1.5% (6 months) $18,750 750,000 Interest @ 12% $300,000 12,000,000 Total Fees & Interest $568,750 22,750,000 Annualized Return 22.75% Assu
Slide 7: Financial Position Including Participating Interest
7 Financial Position Including Participating Interest Minimum Maximum Working Capital $2.6 million Add: Credit Facility Available $1.5 million Adjusted Funds Available $4.1 million Balance of Loan to Victory Nickel ($1.5 million) Net Funds Available $2.6 million $2.6 million Participating Interest i
Slide 8: 2013-2014 objectives
8 2013-2014 objectives Ensure that every dollar spent is productive Advance projects to the extent possible given the current financial environment Continue process testing at Prairie Lake and evaluate production of marketable concentrates Continue to seek partners for CBay projects Contin
Slide 9: Questions?
Building on 40 Years of Exploration Success AGM June 28, 2013 Questions? TSX:NWI sean.stokes@rogers.blackberry.net