Page 167 - ANC20-Proceedings-Presentations-Full

COMPANY HISTORY

Since our 2006 IPO, we have acquired well, advanced projects quickly and
1
generated >A$110M in after-tax proceeds from asset sales

2012 2020
Zara Gold Project in Major Ni-Cu-
Eritrea sold for PGE discovery
2006 2016
$7.5M raised in IPO ~US$114M (pre-tax) Cameron at Julimar
on ASX to progress 2009 Gold Project 2018 Project
Chalice & Zara Gold Project A$0.10ps / ~A$25M in Ontario sold Staked 2020
Higginsville Projects in Eritrea acquired capital return to for ~A$25M Julimar Nickel- A$30M raised
shareholders
for ~A$7M (pre-tax) Copper-PGE to progress
Project in
Western Julimar
Australia

2 0 0 6 2 0 0 8 2 0 1 0 2 0 1 2 2 0 1 4 2 0 1 6 2 0 1 8 2 0 2 0

2017 2019
2009-2011
2007 ~A$43M raised Acquired East Quebec Gold
Chalice & to progress Zara to Cadillac Gold Projects sold to
Higginsville DFS Project in O3 Mining
Projects sold 2013 Quebec and
for ~A$12M Cameron Gold staked
(pre-tax) Project in Ontario Pyramid Hill 2018
acquired for Gold Project A$0.04ps /
~A$8M in Victoria ~A$10.6M
capital return to
shareholders
1 As of 15 June 2020 24