Colonial Coal International Corp. · TSXV:CAD

Colonial Coal International — Investor Presentation (December 2020)

20 slides from Colonial Coal International's investor presentation, December 2020

  1. Slide 1: Colonial Coal International Corp.

    TSX-V: CAD Colonial Coal International Corp. Western Canada’s Leading Coking Coal Developer December 2020 Investor Presentation

  2. Slide 2: Legal Disclaimers

    Legal Disclaimers This presentation may contain forward-looking statements, and forward -looking information under applicable securities laws including management’s expectations of future production, cash flow, and earnings. These statements are based on current expectations that involve a number of

  3. Slide 3: Investment Highlights

    Investment Highlights Unparalleled Investment Opportunity Project Location Map ● Provides exposure to a long-term Asian growth story ◼ Increasing demand for high quality coking coal driven by long-term Asian growth Dawson ◼ Western Canadian coal projects have cost-advantaged access to Creek East Asi

  4. Slide 4: Market Overview: Metallurgical Coal

    Market Overview: Metallurgical Coal Western Canadian Coal Miners are Poised to Supply Asian Markets BC Metallurgical Coal Production Western Canadian Coal Overview 35 ● The value of coal production in BC is forecast to exceed CAD$6.71 billion in 2019 up from CAD$6.31 billion in 30 31.5 31 2018 30 28

  5. Slide 5: Management Team and Board of Directors

    Management Team and Board of Directors ● Co-founder of Colonial Coal Corp., Western Coal Corp. (WCC), and Northern Energy & Mining Inc. (NEMI) David Austin ● One of the three founders credited for the success on the production of WCC projects Chairman, President & CEO (WCC was sold CAD$3.3 billion t

  6. Slide 6: Western Canada Met Coal Project Comparison

    Western Canada Met Coal Project Comparison ● In February 2019, Hancock Prospecting Pty Ltd announced that it had offered to acquire all of the outstanding ordinary shares of Riversdale Resources Limited that it did not already own ● Implies a TEV of AUS$737 million for Riversdale (100.0% basis) ● Ri

  7. Slide 7: Company Overview: Colonial Coal

    Company Overview: Colonial Coal Colonial’s Projects: Two of the Largest Hard Coking Coal Deposits in the Region ● Huguenot has a contained resource of 277.7 million tonnes of combined Measured and Indicated resources plus 119.2 million tonnes of Inferred resources, making it one of the largest depos

  8. Slide 8: Peace River Coalfield

    Peace River Coalfield Chetwynd WILLOW Suska - Resource Definition Willow Creek - Producing CREEK Resources: 103 Mt HD Int’l. Reserves : 11.0 Mt Sukunka - EA Application SUSKA Production (2019) : 82,000 Mt ROM Resources : 185 Mt Murray River - Approved Mine Permit Brule - Producing BRULE Target Produ

  9. Slide 9: Conceptual Infrastructure Development Plan

    Colonial Projects Overview: Conceptual Infrastructure Development Plan HUGUENOT PRC Rail Loadout Possible Flatbed Rail Loadout ◼ 2018 PEA contemplates an 85 km, 3rd party built rail Murray River Loadout Area spur that would be available for use by other Paved Highway (36 km) potential producers in t

  10. Slide 10: HUGUENOT

    Colonial Projects Overview: HUGUENOT TSX-V: CAD www.ccoal.ca 9

  11. Slide 11: Huguenot Property

    Company Overview: Colonial Coal HUGUENOT PROPERTY ▪ Situated adjacent to the proposed Belcourt South open pit Rail Line (owned by PRC/Anglo): Similar coal characteristics ▪ Trucking distance of ~111 road-km from Quintette and PRC loadouts - also accessible by ~85 km rail spur (or combination rail an

  12. Slide 12: Huguenot 2020 PEA Highlights (Open Pit Only)

    Company Overview: Colonial Coal HUGUENOT PROPERTY 2020 PEA Highlights (Open Pit Only) ▪ The 2020 study used previously reported surface mineable resources to Huguenot Project develop a revised conceptual mine plan utilizing a stand-alone open pit. NPV (millions) at Varying Discount Rates with IRR ▪

  13. Slide 13: Huguenot 2020 PEA Highlights (Open Pit Only)

    Company Overview: Colonial Coal HUGUENOT PROPERTY 2020 PEA Highlights (Open Pit Only) ▪ Measured and Indicated surface mineable coal resources total 132.0 million tonnes, with an additional Inferred resource of 0.5 million tonnes. Not included for mining in the 2020 PEA are in-situ underground minea

  14. Slide 14: Huguenot 2018 PEA Highlights (Open Pit and Underground Mine)

    Colonial Projects Overview: HUGUENOT PROPERTY 2018 PEA Highlights (Open Pit and Underground Mine) Huguenot Project ▪ The Huguenot Project has an indicative after-tax (and royalty) net PEA 2018 present value (NPV) of US$1,166 million (CAD$1,516 million) using a Coal NPV (millions) at Varying Discount

  15. Slide 15: Huguenot Project Coal Quality Comparison

    Colonial Projects Overview: Huguenot Project Coal Quality Comparison The Huguenot Project is projected to produce a clean premium hard coking coal (HCC) product with low ash, low sulfur, low phosphorus, and High FSI Coal Quality Comparison: Huguenot HCC VS. Canadian Export Coking Coals Huguenot HCC1

  16. Slide 16: FLATBED

    Company Overview: Colonial Coal FLATBED TSX-V: CAD www.ccoal.ca 15

  17. Slide 17: Gordon Creek Metallurgical Coal Project (Flatbed Property)

    Colonial Projects Overview: Gordon Creek Metallurgical Coal Project (Flatbed Property) PROJECT SUMMARY PRC Possible ● Proximal to supportive Rail Loadout Flatbed Rail Loadout infrastructure such as existing rail line, power, Provincial Murray River Proposed Bearhole highway, town of Tumbler Loadout

  18. Slide 18: Gordon Creek Project (Flatbed) 2018 PEA

    Colonial Projects Overview: Gordon Creek Metallurgical Coal Project (Flatbed Property) Gordon Creek Project (Flatbed) 2018 PEA PEA 2018 Gordon Creek Project (Flatbed) Highlights NPV (millions) at Varying Discount Rates with IRR Overall Average • The Gordon Creek Project has an indicative after- Coal

  19. Slide 19: Gordon Creek Coal Quality Comparison

    Colonial Projects Overview: Gordon Creek Metallurgical Coal Project (Flatbed Property) Premium clean hard coking coal product (Seams B, D, F (combined F1 and F2), and Seam G, totalling 71.4% of the reported resources) plus a premium pulverized coal injection (PCI) product (Seams J and K, totalling 2

  20. Slide 20: Access to World Class Infrastructure

    Access to World Class Infrastructure ● Production from Huguenot and Flatbed would be shipped by rail to one of the three export terminals Dawson Creek on the west coast of British Columbia Canada Chetwynd ● Access to deep water export terminals, including the Neptune and Westshore terminals in Vanco

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