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COMPANY OVERVIEW
ASX:MII
January 2009
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Strategy Two Level Strategy For the Development of Meridian
Stage One
Acquire small scale operating or mothballed gold or copper mine to
provide a cash flow before the end of 2009 Develop shareholder base, increase liquidity and drive share price
based upon increased news flow and operational focus
Build a portfolio of gold and copper projects from distressed assetsales
Fund exploration utilising cash flow from operation Stage Two
Acquire medium scale gold or copper project at Scoping or FeasibilityStudy Stage
Put project in to production within 2 years of acquisition
Undertake synergistic acquisitions or mergers
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Goals Short Term
Acquire operating or mothballed gold or copper project
Finance acquisition through equity
Generate positive cash flow within 12 months Maintain tight capital structure in order to maximize capital
growth for shareholders
Significantly outperform the All Ords
Long Term Acquire medium size gold or copper project at Scoping Study or
Pre-Feasibility stage and capture upside in project through growingthe defined resource base
Grow a focused project and exploration portfolio around project
Build a medium size mining company
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Management Team
Managing Director Jeremy Read
20 years experience in domestic and international mineralexploration & project development
11 years with BHP Minerals Exploration, 2 years as AustralianExploration Manager
In 1992 Discovered Cairn Hill Fe-Cu-Au deposit currently beingdeveloped by IMX Resources
Founding Managing Director of Discovery Metals Limited (DML)
Secured Boseto Copper Project for Discovery Metals in NWBotswana
Raised >AUD$15M in funding for DML in 2007
Commenced feasibility study on Boseto Copper Project
Increased DML share price by 300% and market cap by 400% in 2007
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Directors Chairman Ray Miller
30+ years experience in the international resources industry
CFO for MIM, VP Finance BHP Steelmaking and Energy Materials
Diverse domestic and international experience in operations, strategydevelopment, finance and M&A activities
Non Executive Director Michael Howard
Mining Engineer with 30+ years experience management and operations
27 years with BHP in coal and copper operations and new projects
Manager Business Development for Roche Mining COO for MidWest Corporation
Non Executive Director - Morrice Cordiner
Lawyer with 20 years experience in the broking and resources industry
Founding Director of Andean Resources (ASX:AND) and Discovery Metals
(ASX: DML)
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Directors cont.
Non Executive Director Paul Niardone
Founding Chairman of Bellevue Resources
Executive Director of Professional Public Relations
Experienced in marketing, investor relations and strategic planning
Exploration Manager- Quinton Hills
Experienced in copper and gold mineral exploration having worked forTeck-Cominco and CopperStrike in Nth QLD and western New SouthWales
Ran the exploration team which defined the Zeta and Plutus CopperResources (46.1 Mt @ 1.4% ECu) for Discovery Metals
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Skill Set Summary Multi Commodity mineral exploration
Project generation
Geological, geophysical and geochemical activities
Gold, base metal and coal project assessments Project feasibility studies and risk assessments
Company and project financing
ASX and AIM listings
Investor relations Extensive Investment banking contacts
Project management
Project construction
Operational excellence
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Capital Structure
Shares Prior to Dec Capital Raising 75,666,666*
SPP December 2008 3,120,000
Total Shares Post Dec Capital Raising 78,786,666
Tradeable Shares 51,895,816
Total Options 51,000,000
Tradeable Options 28,814,767
Market Cap @ A$0.05 A$3.9 M
* 35% of shares held inescrow until Dec 2009
Top 20 67%Management 23%
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Major Shareholders and Cornerstone Investors Cornerstone Investors
Teck Australia Pty Ltd
Mithril Resources Limited
Mr. R. A. Healy Macquarie Bank
Major Shareholders
Mithril Resources 10.2% Teck Australia Pty Ltd 8.1%
Mr. R. A. Healy 6.3%
Macquarie Bank 4.9%
Trindis Pty Ltd 4.5%
Jeremy Read 4.1%
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Conclusions Vision
To be one of Australias most successful junior project
development company unlocking value and creating wealth for
shareholders
Capitalize on uncertain times to secure quality operating andadvanced project (s)
Stage One Strategy of securing a positive cash flow asset to fundfuture growth and exploration
Stage Two Strategy of obtaining an advanced project with significantupside to be captured during feasibility studies
Management and Board skills covering all aspects from discovery toproduction
Objective of leveraging skills and contacts to build a medium sized
mining company
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Jeremy Read
Managing Director
Phone: 07 3844 6444
Email: [email protected]
www.meridianminerals.com.au