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05/27West Wits Mining Secures Up to $54 Million Financing Facility
05/27West Wits Mining Limited announced that it expects to receive AUD 75 million in funding from SBC Global Investors
05/25West Wits Mining to Trade on US OTCQB Market
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West Wits Mining : 2021 AGM Presentation

12/16/2021 | 01:19am EDT

West Wits Mining Investor Presentation

Progressing strategic transformation as mid-tier gold producer

use only


Witwatersrand Basin Project (WBP), S.A.

Mt Cecelia Project, AUS


This Announcement includes "forward-lookingstatements" as that term within the meaning of securities laws of applicable jurisdictions. Forward-lookingstatements involve known and unknown risks, uncertainties and other factors that are in some cases beyond West Wits Mining Limited's control. These forward-lookingstatements include, but are not limited to, all statements other than statements of historical facts contained in this presentation, including, without limitation, those regarding West Wits Mining Limited's future expectations. Readers can identify forward-lookingstatements by terminology such as "aim," "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "potential," "predict," "project," "risk," "should," "will" or "would" and other similar expressions. Risks, uncertainties and other factors may cause West Wits Mining Limited's actual results, performance, production or achievements to differ materially from those expressed or implied by the forward-lookingstatements (and from past results, performance or achievements).
objectives and other investment considerations, as well as other matters not yet known to West Wits Mining or not currently considered material by the company.
West Wits Mining accepts no responsibility to update any person regarding any error or omission or change in the information in this presentation or any other information made available to a person or any obligation to furnish the person with further information.
This presentation may contain certain forward-lookingstatements that have been based on current expectations about future acts, events and circumstances. These forward-lookingstatements are, however, subject to risks, uncertainties and assumptions that could cause those acts, events and circumstances to differ materially from the expectations described in such forward-lookingstatements. These factors include, among other things, commercial and other risks associated with estimation of resources, the meeting of

onlyuseThese factors include, but are not limited to, the failure to complete and commission the mine facilities and related infrastructure in the time frame and within estimated costs

currently planned; variations in global demand and price for gold and silver; fluctuations in exchange rates between the U.S. Dollar, South African Rand and the Australian Dollar; the ersonalfailure of West Wits Mining Limited's suppliers, service providers and partners to fulfil their obligations under construction, supply and other agreements; unforeseen geological,

physical or meteorological conditions, natural disasters or cyclones; changes in the regulatory environment, industrial disputes, labour shortages, political and other factors; the inability to obtain additional financing, if required, on commercially suitable terms; and global and regional economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. The information concerning possible production in this announcement is not intended to be a forecast. They are internally generated goals set by the board of directors of West Wits Mining Limited. The ability of the Company to achieve any targets will be largely determined by the Company's ability to secure adequate funding, implement mining plans, resolve logistical issues associated with mining and enter into any necessary off take arrangements with reputable third parties. Although West Wits Mining Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.


Investor High Potential Snapshot

Stage 1 - more than USD $1.1 billion revenue opportunity1


South Africa, Witwatersrand

Witwatersrand Basin Project (WBP)

Significant resource: 4.28 million ounces of gold


JORC Mineral Resource @ 4.58g/t Au2 ; 69% of

MRE in Measured and Indicated categories;

includes declared Ore Reserves

Early Mining: Near production opportunity; first

ore expected in Feb 2022 aiming to produce

approx. 5,000 - 8,500 tonnes per month


CAPEX: Low due to historical mine works and

planned toll processing; competitive on AISC

Production Potential: Over 95,000 oz per annum3

of which Stage 1 will deliver up to 55,000 oz per



Western Australia, Eastern Pilbara

Mt Cecelia Project

Up to $10M Farm-In & JV Agreement:

Rio Tinto5

Location: Highly prospective area in Paterson Province

SkyTEM HEM survey: Eight exploration targets identified4

MLTEM survey: Four high-priority targets confirmed

Maiden drilling program: Commences in 2022

Company Highlights

Opportunity for significant Share Price Growth


Capital Structure

Shares on Issue

Market Capitalisation6

At closing share price of 3.3 cents on 15/12/2021


as at 17/11/2021 useEnterprise Value

JORC Mineral Resource Estimate2 (Gold)

Mineral Resources include declared Ore Reserves

Enterprise Value per ounce

Listed Options ersonal$0.12 expiring 10/08/2022

Unlisted Options

(26M @ $0.05 & 2.5M @ $0.012 / Proforma + 75M @ $0.05)

Performance Rights

(Issued to Executive Team with various performance hurdles)

WWI Shareholding in Operating Entity



1.57b 1.83b

A$51.9m A$60.5m

A$4.7m A$12.1m

A$47.2m A$48.4m

4.28Moz 4.28Moz

A$11.03 A$11.32

93.5m 110m

28.5m 103.5m

15.75m 15.75m

66% 66%


Well positioned for 2022 upside

West Wits Mining SA

(Pty) Ltd

*Proforma Capital Structure allows for the full subscription of shares under the Rights Issue (net of costs) and issue of Placement Options and Broker Options as announced to the ASX on 17/11/2021.9

Experienced Leadership

Michael Quinert



ASX-experienced commercial lawyer with

extensive involvement in assisting and

advising publicly listed mining companies

Hulme Scholes

Non-Executive Director

One of SA's top legal professionals


specialising in mining and mineral law

Tozama Kulati Siwisa

Head of Corporate Affairs

BCom with MBA and broad experience


in leading transformation projects from

development through to execution

Luvuyo Jafta

General Manager - Mining

B-Tech (Mine Engineering) with wealth

of managerial and technical experience

in resources companies


Jac van Heerden

Managing Director

Mining Engineer with MBA and operations and project experience in South Africa, DRC and Zimbabwe



Peter O'Malley

Non-Executive Director

US-based investment finance executive with wide-ranging experience advising on M&A, debt/equity transactions and capital optimisation strategies in multiple jurisdictions

Tim Chapman

Non-Executive Director

Director of Corporate Broking at PAC with experience in financial services and capital markets

Simon Whyte

CFO & Company Secretary

CA with extensive experience in mining, commodities and logistics

Martin Bevenlander

Head of Geology & Exploration

BSc. Hon. (Geology) with mining experience across mining cycle from greenfield exploration to production

This is an excerpt of the original content. To continue reading it, access the original document here.


West Wits Mining Limited published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 06:18:06 UTC.

© Publicnow 2021
05/27West Wits Mining Secures Up to $54 Million Financing Facility
05/27West Wits Mining Limited announced that it expects to receive AUD 75 million in funding..
05/25West Wits Mining to Trade on US OTCQB Market
04/28WEST WITS MINING : Quarterly Activities and Cashflow Reports - period ended 31 March 2022
04/19WEST WITS MINING : Half Yearly Report and Accounts - period ended 31 December 2021
04/19WEST WITS MINING : Quarterly Activities and Cashflow Reports - period ended 31 December 20..
04/19WEST WITS MINING : Quarterly Cashflow Report - period ended 30 September 2021
04/19WEST WITS MINING : Quarterly Activities Report - period ended 30 September 2021
04/19WEST WITS MINING : Annual Report - year ended 30 June 2021
04/19WEST WITS MINING : Quarterly Cashflow Report - period ended 31 March 2021
More news
Sales 2021 - - -
Net income 2021 -0,34 M -0,24 M -0,24 M
Net cash 2021 0,90 M 0,65 M 0,65 M
P/E ratio 2021 -310x
Yield 2021 -
Capitalization 49,6 M 35,5 M 35,5 M
EV / Sales 2020 156x
EV / Sales 2021 -
Nbr of Employees 5
Free-Float 75,7%
Duration : Period :
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Income Statement Evolution
Managers and Directors
Jac van Heerden Managing Director & Director
Simon Whyte Chief Financial Officer & Joint Secretary
Michael Quinert Executive Chairman
Tim Chapman Non-Executive Director
John Hulme Scholes Non-Executive Director
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