COBALT BANKERS C O R P. TSX-V: BANC FSE: BC2 OTCQB: NDENF. Socially Responsible COBALT & COPPER in Democratic Republic of Congo and Namibia

Transcription

1 C O R P. BANKERS COBALT TSX-V: BANC FSE: BC2 OTCQB: NDENF Socially Responsible COBALT & COPPER in Democratic Republic of Congo and Namibia Corporate Presentation January

2 Disclaimer & Cautionary Note Disclaimer The material in this presentation has been prepared by Bankers Cobalt Corp. (BANC) and is general background information about BANC s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. All securities and financial product or instrument transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to BANC s businesses and operations, market conditions, results of operation and financial condition, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to place undue reliance on these forward looking statements. BANC does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside BANC s control. Past performance is not a reliable indication of future performance. Cautionary Note The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 1933 Act ), or the Securities laws of any state and will not be offered or sold within the United States except to accredited investors (as defined in rule 501(a) of Regulation D under the 1933 Act) in reliance upon the applicable exemptions from the registration requirements of the 1933 Act. 2

3 About Bankers Cobalt -DRC BANKERS COBALT CORP. (TSX.V:BANC) ( BANC or the Company ) is a cobalt and copper (Co-Cu) exploration and development company focused on advancing its high quality portfolio of permitted concessions in the Democratic Republic of Congo (DRC) and Namibia. BANC aims to generate a reliable, certified, and socially responsible supply of Co-Cu for existing and new processors in the DRC and Namibia. Proven team experienced across the entire spectrum of Co-Cu exploration & development and in-country experience backed by geopolitical know-how Exploring and developing a leading portfolio of high-grade Co-Cu projects to exacting Canadian mining standards and transparency in the Central African Copperbelt Building a portfolio of assets that will provide clean, certified and non-conflict Co- Cu supply in a symbiotic relationship with DRC based processors with existing excess capacity and a lack of available certified resources to meet burgeoning market demands 191 km 2 portfolio Co-Cu concessions in the DRC and 1,078 km 2 in Namibia one of the early movers actively exploring and developing Co-Cu in the DRC and Namibia 3

4 About Bankers Namibia - Diversification BANC is opportunistic and has acquired options on a 135 km2 and a 942 km2 exploration permit in politically stable Namibia to diversify the portfolio and reduce country risk. The property has visible copper staining on surface and is located on a trend with known copper and cobalt mineralization. Same management team used in the DRC will be developing the project; no duplication of cost or effort and can be efficiently and effectively managed. Politically stable country with an independent judiciary; clear mining laws; politically stable and eager for mining development; reduces country risk Large land package has the size and scale to be a potential major project; has visible copper staining and on a known trend 4

5 C O R P Why Bankers Cobalt? BANKERS COBALT BANC is one of the only juniors conducting CDN-style exploration and development in the DRC which produces 65% of the annual world supply of cobalt. PORTFOLIO OF 12 Concessions Strategically Located with Clean Title PROVEN TEAM with In-Depth Knowledge and working experience in the DRC and Namibia NO GOVERNMENT INVOLVEMENT Concessions are Either 100%- Owned or Private JV s with reputable partners SOLVE CERTIFIED Co-Cu and excess capacity Issue For Existing Smelters BANC s Value Proposition ACQUIRE, EXPLORE & DEVELOP Valuable Co-Cu Assets Globally SELL Clean, Conflict-Free High Quality Supply to Smelters MAINTAIN ON GOING AND SYNERGETIC RELATIONSHIPS with Existing Smelters 5

6 C O R P Business Model BANKERS COBALT BANC is filling a void in the resources supply chain and reasonably expects to receive a premium for its efforts. This model has been strongly endorsed by the affected parties in the mining industry in the DRC. We have a strong team in place already implementing this model and will continue to add new members to strengthen our team. This approach will be beneficial to BANC and all stakeholders. ACQUIRE We acquire high quality projects in the DRC and Namibia and develop them by applying Canadian standard highly professional exploration techniques DEVELOP Develop certified cobalt and copper resources. SELL Sell them to existing processors with excess capacity avoiding capex risk 6

7 Leading Advantage in the DRC BANC is an early mover company with necessary permitting to actively conduct exploration work 6 years researching & assembling a high quality portfolio of concessions 12 concessions with clean title and no government involvement: 6 are 100%-owned by Bankers 6 under private JVs with reputable partners 7

8 Bankers Strategic Change 2019 Due to the volatility in the metals and equity markets and in Africa, Bankers has changed its strategy to one of being more nimble, lower overhead cost, and creating value in the shortest time frame at the lowest cost adding value to stakeholders promptly and efficiently The change in strategy has resulted in an 80% reduction in overhead cost Portfolio adjusted to avoid all high cost concessions that do not have short term value Increased focus on Namibia to continue to diversify risk Focus in DRC on more advanced projects with near term cash flow potential Pursue projects with existing and expandable resources 8

9 Bankers Cobalt Plan Q1-Q REPUBLIC OF NAMIBIA Additional preliminary preparation work leading to RC drill program on high potential Kamanjab project, Namibia to assess near term cash flow and resource potential Assess and acquire additional and more advanced exploration permits in Namibia to continue to diversify and reduce country risk of portfolio Assess and qualify JV partners DEMOCRATIC REPUBLIC OF CONGO Diversify portfolio to include more advanced properties with near term cash flow potential to reduce dependence on equity financing and finance capital cost through available off take agreements Conduct test RC drill program on concession 292 which is drill ready and high potential for polymetallic mineralization results based on sampling showing copper, cobalt, and silver Assess and acquire projects of merit with a focus on impact plays using superior relationships already established Become the demonstrated leader in social responsibility for mining companies in the DRC 9

10 Concession Kamanjab - Namibia Concession: Kamanjab EPL 6277 and EPL 4477 Ownership: 70/30 JV between Bankers and private Namibian counterparts Size & Location: 1,078 km 2 90 km from serviced town of Kamanjab with good access Geology: Dolomites and quartzites of the Nosib and Epupa groups have multiple outcrops of supergene copper mineralisation on the licence over several kms of strike. Mineralization: Multiple outcrops of malachite copper mineralisation are present and are known to also host gold, silver and lead and Zinc. Work Program: Reconnaissance site visit recently completed; grab sample results complete (see next slide), additional work programs planned and RC drilling expected in early

11 Concession Kamanjab - Namibia Kamanjab Project Locations & Grab Samples 1 Best results 24.60% Cu and 98 g/t Ag and 16.6% Cu and 239 g/t Ag ALS Labs assay results show potential for a large high-grade supergene copper zone in the Dolomite sequence Malachite-Chrysocolla mineralization varies with mineralization in Zone A approximately 40 m in width Dolomite sequence hosting the copper-silver mineralization extends continuously to Zone B for about 7km of strike (implying copper-silver prospectivity) 1 Grab samples are selective in nature and are not necessarily representative of mineralization hosted on the property 11

12 Concession Kamanjab - Namibia Malachite Mineralisation Kamanjab Project Locations & Grab Samples by Minrom Consulting 12

13 Concession Kamanjab - Namibia Galena Malachite Mineralisation Kamanjab Project Locations & Grab Samples by Minrom Consulting Dioptase and Malachite 13

14 Concession - Comipad Comima CMTC Concession: Comipad/ Comima/CMTC (ZEA 292) Ownership: 70/30 JV between BANC and three cooperatives Size & Location: 6 km 2-35 km southwest of Likasi with access by paved road & tracks Geology: Located on a major E-W striking fault, Mines Subgroup Strata, pinch-and-swell structures over 2.7 kms across the two concessions Mineralization: Located 10km east of Mwomba prospect, with cobalt, nickel, gold, platinum and palladium content ZEA 292 Work Program: Reconnaissance geophysics, mapping, geochemical soil sampling and subsequent trenching completed and drill ready 14

15 BANC Management Team STEPHEN BARLEY Chairman & CEO, Director 35+ years experience in public corporate markets, corporate finance & regulatory compliance/reporting Formerly Executive Chairman of TSX-listed copper exploration and development company Formerly on the boards and a senior officer of multiple public companies GRANT DEMPSEY President & COO One of most respected engineer's and senior mining executives in DRC leading projects from start-up to operations in multiple metals Formerly Senior Technical Adviser to DRC State owned mining company and with excellent sector relationships and 17 years experience in DRC MURRAY FLANIGAN CFO 20+ years experience in corporate finance, M&A, international taxation, risk management, banking, corporate restructuring & accounting. CPA, CA, CFA Charter holder. Managing Principal and CFO of Kepis & Pobe Financial Group SHU ZHAN Director 30+ years experience in exploration geology in Asia, Australasia, Africa and the DRC Qualified person for reporting exploration results in Australia and Canada Former VP of M&A & Chief Geologist for Pengxin International Mining Limited KEVIN TORUDAG President & CEO Bankers DRC 26+ years experience in capital markets Specializes in identifying and developing resources Five years of experience in the DRC managing and fostering local community relationships DRC Resident Status; Fluent in English and French SIMON TUMA-WAKU Director 20+ years experience in the mining industry Former Chief Strategy Officer and Chairman of Nikanor PLC where he managed relations with DRC government Former DRC Minister of Mines & Petroleum & responsible for overseeing the drafting and publishing of DRC Mining Code CESARE FAZARI Director Founder Northwood Development a successful real estate development company for over 30 years Advisor to multiple private and public companies Director of public merchant bank Fountain Asset Corporation ROYSTON DENYSSCHE N Director Head metals trader for Africa for Transamine Trading since 2010 Extensive relationships with copper and cobalt processors in DRC Assessment for investments and acquisitions skill set 15

16 DRC Senior Operating Team KEVIN TORUDAG President & CEO Bankers DRC 26+ years experience in capital markets Specializes in identifying and developing resources Five years of experience in the DRC managing and fostering local community relationships DRC Resident Status; Fluent in English and French GRANT DEMPSEY President & COO Bankers CDN One of most respected engineer's and mining executives in DRC Active in extraction of Cobalt, Copper, Gold, Diamonds, Antimony, Tin, and other metals with 17 years experience in DRC YVES KABONGO Chairman Experienced and active businessman in the DRC and Canada : raised US$74M in Kasai West Province (DRC) largest private investment up to 2016 Held several senior financial management positions in the Canadian banking system and has extensive relationships in the DRC and Africa FRANK JEAN- SCHMIDT PIERRE MUPATAIE CFO 20+ years experience in financial controls and DRC financial reporting regulatory system Held numerous senior financial management positions for major mining companies operating in the DRC Fluent in English, French, Swahili and Lingala Grant Dempsey President & COO Bankers CDN 16

17 Technical Advisory Board SHU ZHAN GREG HALL JOE SANDBERG Geologist with over 35 years experience and Qualified Person for NI and JORC 7 years in DRC as chief geologist for M&A for large China based trading company Key relationships with Chinese owned companies operating in the DRC Fluent in Mandarin Director of Bankers Geological Consultant with Golden Phoenix International PTY Ltd Chief Geologist with Placer Dome Exploration Manager CSR Limited in Western Australia until 1988 Exploration Manager Placer Dome Western Australia Discovered Rio Tinto Yandi iron ore mine Discovered Gold Field s Granny Smith gold mine Extensive experience in DRC Professional Geologist and MBA 45+ years experience in exploration most recently on copper porphyry systems President and CEO of a TSX-listed copper exploration company Qualified Person for Canada and the USA 17

18 1 8 Capital Structure. Capitalization Table Item Shares Total Issued & Outstanding Shares 107,163,648 Share Purchase Warrants 46,466,120 Incentive Stock Options 7,520,000 Post Amalgamation Shares (Fully Diluted) 161,149,768 18

19 C O R P. TSX-V: BANC FSE: BC2 OTCQB: NDENF CONTACT US: CORPORATE CONTACT info@bankerscobalt.com BANKERS COBALT 19