Ramelius Resources Limited · ASX:RMS
Ramelius Resources — Merger or Acquisition (March 2023)
16 slides from Ramelius Resources's merger presentation, Mar 20, 2023
Slide 1: Recommended Takeover Offer for Breaker Resources
Ramelius Resources Limited For personal use only Mark Zeptner Tim Manners Managing Director Chief Financial Officer ASX:RMS Recommended Takeover Offer for Breaker Resources March 20231 BREAKER RESOURCES TAKEOVER OFFER • MARCH 2023
Slide 2: Forward Looking Statements
QUALIFICATION Forward Looking Statements For personal use only This presentation contains certain forward looking statements with respect to Ramelius Resources Ltd’s (Ramelius) financial condition, results of operations, production targets and other matters that are subject to various risks and unce
Slide 3: Corporate Summary
CORPORATE SUMMARY Corporate Structure Gold Guidance For personal use only Market Cap1 A$987M @ A$1.13 per share FY22 Production 258,625oz @ AISC A$1,523/oz Cash & Gold2 A$154.0M FY23 Guidance3 240,000 – 280,000oz @ AISC of A$1,750 – 1,950/oz Debt2 Nil (Undrawn A$100M facility) Mineral Resources4 6.2
Slide 4: Breaker Resources Offer
For personal use only BREAKER RESOURCES OFFER BREAKER RESOURCES TAKEOVER OFFER • MARCH 2023 4
Slide 5: Acquisition on Strategy
ACQUISITION ON STRATEGY For personal use only BREAKER RESOURCES TAKEOVER OFFER • MARCH 2023 5
Slide 6: Ramelius Offer to Acquire Breaker Resources NL
RAMELIUS OFFER TO ACQUIRE BREAKER RESOURCES NL ➢ Ramelius to acquire Breaker Resources NL (ASX:BRB), owner of the For personal use only Lake Roe Gold Project (Lake Roe) in Western Australia, via recommended all-scrip off-market takeover offer ➢ Lake Roe Mineral Resources of 32 Mt @ 1.6 g/t Au for 1.
Slide 7: Key Offer Details
KEY OFFER DETAILS • Ramelius to offer to acquire all the issued and outstanding ordinary shares in Breaker, by way of an all-scrip For personal use only off-market takeover offer (the “Offer”) • Offer unanimously recommended by Breaker Board of Directors who have made Statements of Intent to Structu
Slide 8: Attractive Offer Premiums
ATTRACTIVE OFFER PREMIUMS1 For personal use only 1 Breaker VWAPs above are up to and including trading on 17 March 2023 BREAKER RESOURCES TAKEOVER OFFER • MARCH 2023 8
Slide 9: Benefits to Breaker Shareholders
BENEFITS TO BREAKER SHAREHOLDERS Highly attractive premiums and • The Offer Price represents an attractive premium to recent trading in Breaker shares For personal use only 1 synergies with existing Rebecca • A joint Lake Roe and Rebecca development project is underpinned by a complementary and expa
Slide 10: Strategic Rationale for Ramelius
STRATEGIC RATIONALE FOR RAMELIUS • Ramelius’ long-term strategy is to continue achieving growth and create shareholder value through For personal use only acquiring assets that are either in production (e.g. Edna May) or have significant potential to become Increased scale of almost 3Moz operations
Slide 11: Lake Roe Gold Project - Overview
LAKE ROE GOLD PROJECT - OVERVIEW ➢ Tier 1 location For personal use only ▪ ~100km east from Kalgoorlie, in Australia’s premier gold province ▪ Southern end of the Keith – Kilkenny Tectonic Zone ➢ Bombora & Crescent-Kopai deposits ▪ 1.7 million ounce Mineral Resource (32Mt @ 1.6g/t Au) ▪ Bombora depo
Slide 12: Lake Roe Gold Project - Synergies with Rebecca
LAKE ROE GOLD PROJECT - SYNERGIES WITH REBECCA For personal use only ➢ 50km Southwest of Rebecca, connected by station and Shire roads ➢ Ability to combine exploration and ultimately development & operational infrastructure and teams ➢ Complimentary open pit and underground potential that allows for
Slide 13: Lake Roe Gold Project - Exploration Potential
LAKE ROE GOLD PROJECT - EXPLORATION POTENTIAL ➢ Project lies on Keith-Kilkenny Lineament that For personal use only hosts the Carosue Dam Operation to the north and Karonie to the south ➢ Regional Targets ▪ Manna Gold ▪ Booty ▪ Bombora East ▪ Winward ➢ Bombora ▪ 1.5Moz (25.8Mt @ 1.8g/t Au) – Lake Ro
Slide 14: Thank You
THANK YOU For personal use only Ramelius Resources Limited ASX Code: RMS Level 1, 130 Royal Street East Perth WA 6004 Authorised for release to the ASX by the Managing Director. For further information contact: Investor enquiries: Media enquiries: Mark Zeptner Tim Manners Luke Forrestal Managing Dir
Slide 15: Appendix - 2022 Mineral Resource Statement
APPENDIX 1 - 2022 MINERAL RESOURCE STATEMENT For detailed information relating to Mineral For personal use only Resources see ASX Releases (RMS) “Resources and Reserves Statement 2022”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affect
Slide 16: Appendix - 2022 Ore Reserve Statement
APPENDIX 2 - 2022 ORE RESERVE STATEMENT For detailed information relating to Ore Reserves For personal use only see ASX Releases (RMS) “Resources and Reserves Statement 2022”, 13 September 2022. The Company confirms that it is not aware of any new information or data that materially affects the info
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