Coeur Mining, Inc. · NYSE:CDE
Coeur Mining — Merger or Acquisition (November 2013)
12 slides from Coeur Mining's merger presentation, Nov 25, 2013
Slide 1: Coeur Mining Creates Coeur Capital and Announces Definitive Agreement to Acquire Global Royalty Corporation
NYSE: CDE | TSX: CDM November 24, 2013 Coeur Mining Creates Coeur Capital and Announces Definitive Agreement to Acquire Global Royalty Corporation
Slide 2: Cautionary Statements
NYSE: CDE | TSX: CDM 2 Cautionary Statements This presentation contains numerous forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements regarding the anticipated closing of the Global Royalty transaction, strategic priorities and
Slide 3: Coeur Capital Offers Complementary Business Model
NYSE: CDE | TSX: CDM 3 Coeur Capital Offers Complementary Business Model Enhances Coeur’s Cash Flow • Anticipated higher margin, less volatile free cash flow1 • Scalable business model • Requires no capital expenditures, no exploration expense, and minimal G&A expenses • Provides additional diversif
Slide 4: Existing Coeur Mining Assets to be Held by Coeur Capital
NYSE: CDE | TSX: CDM 4 Existing Coeur Mining Assets to be Held by Coeur Capital Endeavor: lead/zinc/silver mine operated by a subsidiary of Toho Zinc in Australia ▪ Coeur owns 100% of the silver production and reserves (4.8 million of 20 million payable ounces delivered) ▪ Produced 665,816 payable o
Slide 5: Global Royalty Corp (GRC)
NYSE: CDE | TSX: CDM 5 Global Royalty Corp (GRC) ▪ Privately held; based in Vancouver ▪ Key royalty assets: ▪ McEwen Mining’s El Gallo complex, Sinaloa State, Mexico (see slide 6) ▪ Dynasty Metals & Mining’s Zaruma project, Ecuador (see slide 7) ▪ Mark Kucher, CEO and Director ▪ 25 years of resource
Slide 6: El Gallo Complex – Open Pit, Heap Leach Operation
NYSE: CDE | TSX: CDM 6 El Gallo Complex – Open Pit, Heap Leach Operation 3.5% NSR on next 275,000 gold equivalent ounces produced1; 1.0% thereafter over LOM June 30, 2013 Metric Tonnes (000) Gold Silver Grade (g/t) Ounces Grade (g/t) Ounces Measured & Indicated Resources El Gallo 1 13,900 1.54 691,5
Slide 7: Zaruma Gold Operation
NYSE: CDE | TSX: CDM 7 Zaruma Gold Operation 1.5% gold net smelter royalty over LOM: ▪ Pre-commercial production with processing of ore to doré at the Zaruma processing plant ▪ Zaruma produced 15,245 ounces of gold during first nine months of 2013 ▪ Underground mine development continues; commercial
Slide 8: GRC Transaction Highlights
NYSE: CDE | TSX: CDM 8 GRC Transaction Highlights Consideration ▪ Consideration of $23.8 million; payable in approximately $0.3 million in cash and $23.6 million in Coeur Mining common stock, approximately 2.1 million shares ▪ Coeur Capital will assume approximately $3.9 million of existing GRC liab
Slide 9: Coeur Capital: Driving Returns with Minimal Capital
NYSE: CDE | TSX: CDM 9 Coeur Capital: Driving Returns with Minimal Capital ▪ Future growth expected to be largely self-funded and eminently financeable at a relatively low cost of capital ▪ Will seek high-return opportunities expected to improve the quality of Coeur’s cash flow and increase overall
Slide 10: Appendix
Appendix (Sr COEUR MINING
Slide 11: Select Mineral Reserves and Resources
NYSE: CDE | TSX: CDM 11 Year End 2012 Short tons Silver Grade (ounce/ton) Silver Ounces (contained) Proven Reserves 2,258,000 4.32 9,757,000 Probable Reserves 2,508,000 1.43 3,588,000 Total Proven and Probable Reserves 4,766,000 2.80 13,345,000 Measured Resources 10,639,000 1.98 21,088,000 Indicated
Slide 12: Contact Information
NYSE: CDE | TSX: CDM 12 Head Office: Coeur Mining, Inc. 104 S. Michigan Avenue Chicago Main Tel: (312) 489-5800 Stock Tickers: CDE: NYSE; CDM: TSX Warrant Tickers: CDE.WS: NYSE; CDM.WT: TSX Website: www.coeur.com Bridget Freas Director, Investor Relations bfreas@coeur.com Contact Information Donna M