For personal use only
RIU Explorers
Conference,
Fremantle
15-17 February 2022
Presenter:
GREG MILES, CEO
CASPIN RESOURCES LTD
www.caspin.com.au
ASX CODE: CPN
DISCLAIMER
For personal use only
The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular Investment Needs, Objectives And Financial Circumstances.
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Caspin Resources Ltd, their directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.
Competent Persons Statement
The information in this report that relates to Exploration Results is based on information compiled or reviewed by Mr Greg Miles, a Competent Person who is an employee of the company. Mr Miles is a Member of the Australian Institute of Geoscientists and has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Miles consents to the inclusion in this report of the matters based on information in the form and context in which it appears.
The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results information included in this report from previous Company announcements (including drill results extracted from the Company's Prospectus) announced to the ASX on 23 November 2020 and on 30 March 2021, 28 April 2021, 24 May 2021, 16 June 2021, 5 July 2021, 19 August 2021, 21 September 2021, 26 November 2021, 24 January 2022 and 9 February 2022.
Forward Looking Statements
Some statements in this report regarding estimates or future events are forward-looking statements. Forward-looking statements include, but are not limited to, statements preceded by words such as "planned", "expected", "projected", "estimated", "may", "scheduled", "intends", "anticipates", "believes", "potential", "could", "nominal", "conceptual" and similar expressions. Forward-looking statements, opinions and estimates included in this announcement are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward-looking statements are provided as a general guide only and should not be relied on as a guarantee of future performance. Forward-looking statements may be affected by a range of variables that could cause actual results to differ from estimated results expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to liabilities inherent in exploration and development activities, geological, mining, processing and technical problems, the inability to obtain exploration and mine licenses, permits and other regulatory approvals required in connection with operations, competition for among other things, capital, undeveloped lands and skilled personnel; incorrect assessments of prospectivity and the value of acquisitions; the inability to identify further mineralisation at the Company's tenements, changes in commodity prices and exchange rates; currency and interest rate fluctuations; various events which could disrupt exploration and development activities, operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions; the demand for and availability of transportation services; the ability to secure adequate financing and management's ability to anticipate and manage the foregoing factors and risks and various other risks set out in the Prospectus. There can be no assurance that forward-looking statements will prove to be correct.
Statements regarding plans with respect to the Company's mineral properties may contain forward looking statements. Statements in relation to future matters can only be made where the Company has a reasonable basis for making those statements.
Authorised for release to the ASX by Greg Miles, Chief Executive Officer.
2
Corporate Overview
Backed by strategic shareholders and well funded for exploration
only | Capital Structure (14 February 2022) | Details | CPN - ASX 6 Month Share Price Performance | VOLUME | ||||||
ASX Code | CPN | $1.60 | 4,000,000 | |||||||
Volume | Close $ | |||||||||
Total Ordinary Shares on Issue | 1 | 74,740,710 | $1.40 | 3,500,000 | ||||||
use | ||||||||||
Unlisted Options & Performance Rights 2 | 5,492,750 | |||||||||
$1.20 | 3,000,000 | |||||||||
Share Price (close 14 February 2022) | $0.93 | |||||||||
Market Capitalisation | ~$70M | $1.00 | 2,500,000 | |||||||
Cash Balance (31 December 2021) | $12.3M | $0.80 | 2,000,000 | |||||||
Debt (31 December 2021) | nil | |||||||||
$0.60 | 1,500,000 | |||||||||
1. Includes 4.92M Shares held by Board and Management - subject to ASX escrow until 25/11/2022. | ||||||||||
2. 2.5M Board & Management 5 year Options at $0.30 strike price. | ||||||||||
2M Lead Manager 5 year Options at $0.30 strike price. | $0.40 | 1,000,000 | ||||||||
1,233,724 Management and Employee Performance Rights (various vesting conditions). | ||||||||||
All subject to escrow | $0.20 | 500,000 | ||||||||
personal | No. | Substantial Shareholders | No. (m) | % | $- | - | ||||||||||||||||||||||||||||||
1 | Chalice Gold Mines Ltd | 6.9 | 9.2% | |||||||||||||||||||||||||||||||||
2 | Tinci (HK) Limited | 5.6 | 7.5% | |||||||||||||||||||||||||||||||||
Board and Management | ||||||||||||||||||||||||||||||||||||
3 | Mr Buxiao Yu | 4.5 | 6.1% | |||||||||||||||||||||||||||||||||
4 | Atasa Holdings Pty Ltd; | Mr Cliff Lawrenson - Non-Executive Chair | ||||||||||||||||||||||||||||||||||
For | & Tjandra Pramoko + Simone Suen | 4.2 | 5.7% | |||||||||||||||||||||||||||||||||
Mr Greg Miles - Chief Executive Officer | ||||||||||||||||||||||||||||||||||||
5 | Mr Sufan Siauw | 3.4 | 4.5% | |||||||||||||||||||||||||||||||||
Dr Jon Hronsky - Non-Executive Director | ||||||||||||||||||||||||||||||||||||
6 | Colin Iles | 3.0 | 4.1% | |||||||||||||||||||||||||||||||||
Highly experienced | ||||||||||||||||||||||||||||||||||||
Ms Simone Suen - Non-Executive Director | ||||||||||||||||||||||||||||||||||||
Total Substantial Shareholders | 27.6 | 37.1% | ||||||||||||||||||||||||||||||||||
exploration, corporate and | ||||||||||||||||||||||||||||||||||||
Balance of Top 20 | 16.8 | 22.4% | Mr Justin Tremain - Non-Executive Director | |||||||||||||||||||||||||||||||||
Balance of Board & Management 1 | 5.3 | 7.1% | capital markets team | |||||||||||||||||||||||||||||||||
Mr Steven Wood - CFO & Company Secretary | ||||||||||||||||||||||||||||||||||||
1. Excludes 4.2M shares (5.7%) held by Atasa Holdings Pty Ltd & Tjandra Pramoko + Simone | ABOVE: Steven Wood, Cliff Lawrenson, Jon Hronsky, Justin Tremain, Simone Suen & Greg Miles | |||||||||||||||||||||||||||||||||||
Suen. Includes Escrow shares in %'s. |
Caspin's Fundamentals
For personal use only
THE TEAM
- Highly credentialed technical and corporate expertise
- Exploration
- Development
- M&A
- Capital markets
- Australia and overseas
STRONG SUPPORT
- Well-fundedwith backing from local and foreign strategic investors
- $9.75M raised July 2021
PROJECTS IN
EMERGING REGIONS
- On the doorstep of world class discoveries
- Highly leveraged to battery metals thematic
- Proven prospectivity
- The right rocks in the right address
AN ACTIVE EXPLORER
- Applying first-class geoscience
- Active Exploration programs
- RC Drilling
- Diamond Drilling
- Soil Geochemistry
- Aerial Electromagnetics
- Providing immediate exposure to discovery
4
only1) usepersonal2) For
Overview of Assets
Two highly prospective and complementary projects in Tier 1 jurisdiction
Yarawindah Brook (80% interest) - PGE-Ni-Cu
- Large, strategic position in the West Yilgarn, 40km north from
Chalice Mining's Gonneville PGE-Ni-Cu deposit - Actively exploring with excellent Ni-Cu & PGE results from latest drilling
- Developing a pipeline of prospects across the project
Mount Squires (100% interest) - Au, Ni-Cu
- Large scale 750km2, greenfield gold project - one of the last unexplored WA gold provinces
- Shallow significant intercepts prove potential:
- 20m @ 1.27g/t Au from 23m (including 7m @ 2.54g/t Au)
- 15m @ 2.30g/t Au from 31m (including 9m @ 3.25g/t Au)
- Exciting Au-Cu-Mo-Pb geochemistry at the Duchess Prospect
- Ni-Cupotential: strike continuity to OZ Minerals' West Musgrave Project, Nebo-Babel DFS well advanced
5
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Caspin Resources Ltd. published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 21:33:09 UTC.