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GROUP PROFILEGROUP PROFILE

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INTRODUCTION

African Mining Solutions “AMS” a company focused on mining development and civils construction investments throughout sub-Saharan Africa. The AMS Group has incorporate interests across Southern Africa including a number of wholly-owned core mining service businesses and select investments that provide mine support services, operating in central and southern Africa. With growth objectives including the operation and production from their own mines, AMS’ strategic investment approach is vertically integrated throughout the mining & support industry sectors.

AMS has experienced stable growth is due to years of experience in the African market coupled with developed client and supplier relationships throughout the mining supply chain. All management policies and implementation procedures strictly adhere to global best-practices, in full compliance with current international capital markets and risk management criteria.

The AMS team possesses material combined expertise, experience and skills managed through an international structure. This wealth of experience gained over the last 18 years from many successful contracts with large mining houses within the region of Zambia and DRC.

AMS has concluded joint venture agreements for concessions across copper, cobalt, tin, tantalite, and gold prospects, mainly in the Democratic Republic of Congo and Zambia. AMS’ skill in concession acquisitions, their commitment to robust due diligence and enabling artisanal engagement positions the group for long term presence in the region.

“Our people, backed by our equipment, systems and processes, drive “Our people, backed by our equipment, systems and processes, drive

our performance.” – Group CEO, Ian Le Rouxour performance.” – Group CEO, Ian Le Roux

VISION:

To lead Sub-Saharan Africa in mining & process innovation

through strategic investments in our technology, partners,

and people, with a dedication to sustainable community

development throughout the region.

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KATANGA CONTRACTING SOLUTIONS AND JVCHANTETE EARTHWORKS LIMITED are wholly owned by AMS, each active in contract mining and civil construction activities in their respective country of focus.

Capabilities include:

CONCESSION ACQUISITION

EXPLORATION

MINE DEVELOPMENT PLANNING

DRILLING AND BLASTING

MINING

ORE PREPARATION

EXTRACTION

PROCESSING.

CONCESSION

ACQUISITION

EXPLORATION

PROCESSING

MINE DEVELOPMENT

PLANNING

DRILLING & BLASTINGMINING

ORE PREPARATION

EXTRACTION

AMS CORE BUSINESS

Through its strategic and vertically

integrated investment approach,

AMS has the capability to take mining

projects from concession acquisition to

production and export.

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TERRAMEC PLANT HIRE SARL

Terramec was established in 2011 to serve the agricultural, mining and infrastructure development sectors of the DRC. It provides services for plant hire, bush clearing, bulk earth works, road construction and civil works projects.

HQ: Lubumbashi, DRC

TECHNICAL SUPPORT GROUP SARL

TSG was established in 2015 and is a world class laboratory facility off ering support for oil analysis, specialising in the interpretation of the data collected. Services are technologically orientated, data centric and results driven to improve clients’ machine maintenance programs.

HQ: Lubumbashi, DRCTechnical Support Group

CONGO REPAIRS & TYRE MANAGEMENT

CRT was founded in Lubumbashi in 2015 and is still the only local company with tyre repair and re-tread capabilities. The facilities were built with support from the Leader Rubber Company. CRT is a distributor for Magna tyres.

Head Offi ce: Lubumbashi DRC

PHIL’S ENGINEERING SARL

Phil’s Engineering was established in 2015 and brings quality workmanship in support of the mining and related industries in the DRC by rendering the highest quality of mechanical engineering services including; reconditioning and repair of buckets, ADT bins, bulldozer and grader blades, repair of excavator booms and wheel loader H-frames. These services are facilitated either at the workshop located in Lubumbashi or at aclient’s operations in the Katanga Province.

HQ: Lubumbashi, DRC

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SUPPORTING SUBSIDIARIES

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UNIMARK PROPERTIES LIMITED

Unimark Properties’ main aims are to maintain and enhance the value of property-related assets and to optimise rental revenue for the group by providing tailor-made infrastructure solutions to AMS’ operating divisions and associate companies within Zambia.

HQ: Kitwe, Zambia

AFQUIP LEASING ZAMBIA

Afquip Leasing Zambia off ers a new lease on a wide variety of equipment and vehicles. Its primary target markets include; the mining, construction, agricultural, industrial and manufacturing sectors.

Services include automotive leasing and instalment sales on new and used equipment.

HQ: Kitwe, Zambia

Leasing Zambia LtdAFQUIP

STRATA HOLDINGS LIMITED

Strata Holdings is the shared services hub for management, administrative, human resources, and IT & data management functions for the AMS Group.

HQ: Kitwe, Zambia

PROLINE TRADING

Proline Trading is the procurement and logistics hub for the AMS Group. Proline is the reliable partner in sourcing everything from heavy machinery replacement parts, automotive parts, and materials provisioned for delivery to all African countries.

HQ: Johannesburg, South Africa.

111010

SUPPORTING SUBSIDIARIES

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KATANGA CONTRACTING

SERVICES

TERRAMEC

TECHNICAL SERVICES

GROUP

PHILS ENGINEERING

CONGO RETREADING

AND TYRE

DEMOCRATIC REPUBLIC OF

CONGO

ZAMBIA

STRATA HOLDINGS

UNIMARK PROPERTIES

JVCHANTETE

AFQUIP LEASING ZAMBIA

SOUTH AFRICA

PROLINE

LOCATION DIAGRAM

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TOMPWE

Our mining operation in Tompwe, is situated near the remote town of Mitwaba in Haut-Katanga province, approx. 510 Km North of Lubumbashi. Tompwe is an attractive growth, diversifi cation, and investment opportunity. Roughly 15 hours is required to drive to site, although there is a functional airstrip in Mitwaba suitable for large aircrafts. The concession, spanning more than 110 square kilometers, holds signifi cant tantalite and cassiterite deposits. Project execution will be led by AMS and KCS as operating partners.

The project is jointly owned between AMS and the concession holder, TSM Enterprises, and Rimitso Mining Services. Exploratory and geological fi eld work is in process and the initial tests indicate a viable, long-term project, capable of early production, with low capital expenditures and favorable return on investment.

AMS’s artisanal mining team, acting through KCS, is training and incorporating local communities by introducing low cost mining methods and establishing multiple artisanal washing facilities on site, in conjunction with more formalized mining and mineral processing activities. AMS is currently establishing the civil works required to address operational challenges. Nearest to completion is the engineering and installation of a 12-meter span bridge to access the concession and to assist with local infrastructure.

Initial, small scale Production to commence in October 2017

MINING VENTURES

As part of AMS’ vertically integrated investment strategy, we are now investing in our own mining operations and have already taken sizable interest in two separate concessions in the Democratic Republic of Congo. Community development initiatives, relevant to each location, are being designed so that AMS can continue to have a positive and sustainable impact on the local communities in which we operate.

MUTUMBA

Our mining operations in the Haut-Lomani province include a joint venture with Canadian-based Clairemont Metals. The Mutamba mine is located 2 hours South of Kamina and spans 290 square kilometers. The geologists have identifi ed copper and cobalt mineralization througout the concession .

The accessibility of the concession combined with the impressive initial recoveries make it an attractive investment opportunity. With the new partnership, AMS and Clairmont have laid out a clear plan to initial production.

The defi ned path for mine development involves the establishment of a DMS plant and a small mining fl eet that will be used to produce the concentrate. The concentrate will then be sent to Lubumbashi to be processed into blister copper for export.

AMS believes Mutumba can become a world class copper mine and we are dedicated to stimulating sustainable growth in the region as we become an effi cient mine owner. Production expected to commence in October 2017.

COMPANY DETAILSCOMPANY DETAILS

Registered Address: Alexander HouseRegistered Address: Alexander House

35 Cybercity, Ebene, Mauritius35 Cybercity, Ebene, Mauritius

Website: www.africanminingsolutions.comWebsite: www.africanminingsolutions.com