Vault Minerals Limited · ASX:VAU
Vault Minerals — Silver Lake Resources — Merger or Acquisition (May 2024)
15 slides from Vault Minerals's merger presentation, May 31, 2024
Slide 1: Scheme Meeting – Chairman's Address and Presentation
SCHEME MEETING – CHAIRMAN’S ADDRESS AND PRESENTATION 31 May 2024 Silver Lake Resources In accordance with ASX Listing Rule 3.13.3, attached to this announcement is the Limited Chairman’s address to be presented at the meeting of the shareholders of Silver Lake Resources Limited (“Silver Lake”) being
Slide 2: Chairman's address: background to the Scheme
Attachment: Chairman’s address Good morning, ladies and gentlemen. I am David Quinlivan, the non-executive chairman of Silver Lake Resources Limited. Welcome, and thank you for your attendance today. I would also be grateful if you could all please check that your mobile phone is switched off. In th
Slide 3: Scheme consideration and Independent Expert's conclusion
Pursuant to the Scheme, Red 5 is to acquire all of the fully paid ordinary shares on issue in Silver Lake in consideration for the issue of 3.434 new Red 5 shares for every Silver Lake share. If the Scheme is implemented, Silver Lake shareholders will own approximately 48.3% of the larger, longer li
Slide 4: Potential reasons to vote for or against the Scheme
Potential reasons to vote for or against the Scheme The Silver Lake Directors have identified several reasons as to why shareholders should vote in favour of the Scheme and, for balance, potential reasons why shareholders may wish to vote against it. These are all explained in detail in the Scheme B
Slide 5: Scheme Meeting - 31 May 2024
Scheme Meeting - 31 May 2024 Delivering today, Developing for tomorrow, Discovering for the future
Slide 6: Important Notices
Important Notices Disclaimer - Silver Lake Resources Limited (“Silver Lake” or “the Company”) has prepared this presentation based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information,
Slide 7: Directors and management
Directors and management ▪ David Quinlivan – Non-executive Chairman ▪ Luke Tonkin – Managing Director ▪ Kelvin Flynn – Non-executive Director ▪ Rebecca Prain – Non-executive Director ▪ Len Eldridge – Corporate Development Officer ▪ David Berg – General Counsel & Company Secretary 3
Slide 8: Overview of the Scheme
Overview of the Scheme ▪ On 5 February 2024, Silver Lake Resources Limited (Silver Lake) entered into a scheme implementation deed under which Silver Lake and Red 5 Limited (Red 5) will merge via a Silver Lake scheme of arrangement ▪ If the scheme is approved by Silver Lake shareholders and the cour
Slide 9: Reasons to vote for the Scheme
Reasons to vote for the Scheme The Scheme will create a leading diversified mid-tier gold company The increased scale and asset diversification of the Merged Group with complementary operations and growth opportunities in tier 1 has the potential to drive enhanced market significance and jurisdictio
Slide 10: Reasons to vote against the Scheme
Reasons to vote against the Scheme You may disagree with the unanimous recommendation of the SLR You may consider that a SLR Superior Proposal may materialise in Directors or the conclusion of the Independent Expert in relation to the the future were SLR to continue as an independent company. Scheme
Slide 11: Scheme Resolution
Scheme Resolution “That, pursuant to and in accordance with section 411 of the Corporations Act, the scheme of arrangement proposed between SLR and the holders of its ordinary shares as contained in and more particularly described in this Scheme Booklet of which this Notice of Scheme Meeting forms p
Slide 12: Scheme Resolution - Valid Proxies
Scheme Resolution - Valid Proxies Validly appointed proxies For Against Open Abstain Scheme Resolution - Votes 522,112,945 17,087,491 666,932 1,423,848 Scheme Resolution - Headcount 763 223 67 17 8
Slide 13: Questions
Questions silverlake RESOURCES.
Slide 14: Key dates
Key dates Event Date and Time Scheme meeting 10:00 am (WST time) Friday, 31 May 2024 Second court hearing to approve the Scheme Thursday, 6 June 2024 Effective date (Silver Lake shares to be suspended on ASX) Close of trade on Friday, 7 June 2024 Scheme consideration shares commence trade on ASX on
Slide 15: Scheme Meeting - 31 May 2024
Scheme Meeting - 31 May 2024 Delivering today, Developing for tomorrow, Discovering for the future
Silver Lake Resources — Merger or Acquisition (May 2024) on 6ix