Robex Resources : Other Documents and Corporate PolicyCorporate Presentation

TSXV:RBX

FRA:RB4

Corporate Presentation

June 2022

Disclaimer

This presentation contains statements that may be considered "forward looking information" or "forward looking statements" in terms of security legislation. These forward looking statements are subject to uncertainties and risks, some of which are beyond the control of Robex. Achievements and final results may differ significantly from forecasts made implicitly or explicitly. These differences can be attributed to many risk factors, including, without limitations, geopolitical risk, market volatility, the impact of the exchange rate and interest rate fluctuations, mispricing, the environment (hardening of regulations), unforeseen geological situations, unfavourable operating conditions, political risks inherent in mining in developing countries, changes in government policies or regulations (laws and policies), an inability to obtain necessary permits and approvals from government agencies, or any other risk associated with mining and development. In particular, this presentation contains forward looking statements concerning the completion of the proposed acquisition of the Kiniero Project, the potential development and exploitation of the Kiniero Project and the Company's existing mineral properties and business plan, including the completion of feasibility studies or the making of production decisions in respect thereof. Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the ability of the Company to complete conditions precedent to the acquisition, including the receipt of regulatory approvals, the completion of the Company's due diligence review in relation to the proposed acquisition, and the Company's ability to complete the planned funding to undertake its future work programs, and results of future exploration activities by the Company. There can be no assurance that the circumstances set out in these forecasts will occur, or even benefit Robex, if any. The forecasts are based on the estimates and opinions of the Robex management team as at May 22, 2022. Robex makes no commitment to make any updates or changes to these forecasts based on new information or events, or for any other reason, except as required by applicable security laws.

Completion of the Transaction is subject to a number of conditions, including but not limited to, the TSX Venture Exchange acceptance. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as further disclosed in a subsequent news release in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of the Company should be considered highly speculative.

Risks and uncertainties about Robex' business are more fully discussed in the disclosure materials filed with the securities regulatory authorities in Canada, which are available‐ on SEDAR (www.sedar.com) under Robex' issuer profile. Readers are urged to read these materials and should not place undue reliance on any

forward looking statement and information contained in this Presentation.

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Contents

1. Corporate Overview
2. Merger Key Terms & Rationale
3. South Mali: Production (Nampala) & Exploration Assets
4. Guinea Asset: Kiniero Development
5. West Mali: Exploration Assets
6. Development Timeline and Strategy

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Financials & Asset Overview: Mali & Guinea

Assets in Mali and Guinea

	Production
	Development
	Exploration
Exploration
Sanoula
Diangounté
Kolomba	PRODUCTION
	NAMPALA
Bamako	Prod: >50kozpa
	MRE: 936koz .71g/t
	Exploration
	Mininko
Conakry	Gladié
Kamasso
Development
KINIERO DISTRICT
Resources**: 3.4Moz

		Mali		Guinea
Extractive industry	GDP : 6% / exports : 61% /	18% / 79% / 30%
	Government budget16%
Investment in gold	US$97.8m in 2020 (1.17% world	US$12m in 2020 (0.32% world gold
exploration	gold exploration)	exploration)
Mining code	‒	6% royalty	‒	3% royalty
	‒	10% government free carried	‒	15% government free carried

*Source: EITI, https://eiti.org/

**Historical resources: see slide 8 for the full definition

Robex Gold: Overview

Capital Markets

as of 03/06/2022

Financials

as of 31/12/2021

Share price

CAD 0.40

Operating Cash Flows

CAD 33.8m

Shares outstanding

599 million / 1002***

Net Income

CAD 16.1m

Market capitalization

CAD 239m / 400.8***

Earnings per share

CAD 0.026

Operations

Development

Asset

Nampala

Asset

Kiniero

Production

46,002 oz

Production

120+ koz

AISC*

1056

$/oz

AISC*

PFS $/oz

LOM

8 years

LOM

10+ years

Resources

788 Koz @ 0.75g/t

Historical Resources

3.4 Moz @ 1.04/t

EBITDA

40,2

39,7

Net Cash Flow

Dividend

21,5

26,5

27,1

USm

18,6

4,63

4,58

5,66

(0,36)

(4,07)

2017

2018

2019

2020

2021

Exploration Assets (total of 449 km2)

Mali :Senegalo Malian Shear Zone		Mali : Nampala
Sanoula	31.5 km2	Mininko	62 km2
Diangounté	52 km2	Gladié	52 km2
Guinea: Kiniero		Kamasso	102 km2
North block	150 km2
Mansounia South	54 km2		*All-in-sustaining cash cost excluding exploration3
			***maximum issued shares pursuant of the SPA

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Built on Strong Core Values & milestones

Communities

• Provide water supply (water well)
• Improve accessibility by constructing / rehabilitating rural road network
• Sports events (cycling, soccer)
• Support local women associations
• Nampala awarded cimara trophy first for Mining

company in Mali

• Providing medical screening

• Sourcing 75% of goods and services locally

• Fostering entrepreneurship around the mine (livestock farms & vegetables)
• Focus on education and training

• Targeting small business development

Sustainability

• Renewable Energy reducing CO2 by 6,300 tonnes per annum
• 65,000 hours of literacy training for 126 employees and nearby communities in partnership with the

Swiss Cooperation

Environment

• In accordance with international standards
• Signatory of The International Cyanide Management Institute
• Closed water circuit
• 35% of the electric energy needs will come from renewable energy

• Establish an environmental culture to prevent pollution

• Work closely with the mining authorities DNGM and National Health Laboratory
• Communicate and consult with affected and interested parties on the environmental impact of activities
• Transparency to the local community

Health & Safety

• Only mine in Mali certified 45001:2018 - Occupational Health and Safety Management

Systems

• Record of 7 millions hours worked without injuries (TRIFR and LTIFR) for a total of 11 millions hours with no LTI since 5 years.
• Support to COVID-19 plan in local villages and at state level while the mine was confined
• Rigorous worker health surveillance extended to subcontractor's employees

Employees

• Lean management
• Work method based on collective decision
• 800 employees (regional)
• 7 expatriates (non-African)
• 44 Malian managers, 4 from the sub region
• 14 Malian managers trained in Canada
• The School Mine Concept
• • 5,476 hours of training per year
  • 32,500 hours of literacy per year
• 38% of the workforce unionised with 3 diff. unions

Security

• Privately trained security
• Support from the government Gendarmes and

National Guard

• Gold transport and storage overseas by a renowned international firm

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