7/31/2019 The Gold Coast Resources Showcase 2011
1/35
Hannans Reward Ltd (ASX:HNR)presenta tion to the
7/31/2019 The Gold Coast Resources Showcase 2011
2/35
Hannans Group Struc ture
2
Hannans(ASX:HNR)
Hannans Reward
Australian Explora tion
Inte rna tiona l Explora tion
(Resourc es & Rewards)
Hanna ns InvestmentManagement
Equities Inve stm entsCash
Co nvertib le Notes
Co rporat e Boa rd Servic es
Transac tion Services &Corpo rate Mana gem ent
7/31/2019 The Gold Coast Resources Showcase 2011
3/35
3
Nic kel a ndGoldexplorationin theGoldfieldsReg ion o f
WesternAustralia
Three
ma jor b eltpositions
7/31/2019 The Gold Coast Resources Showcase 2011
4/35
4
Exploringthe northernextension ofthe roc k
units tha thostoperatingworld c la ss(gra d e isking ) nic kelmines
Nic kel p ric eUSD22,250/ t
7/31/2019 The Gold Coast Resources Showcase 2011
5/35
5
Ma jor foc us isgold
Geochemistry,geo log y &geophysics
c omp leted byHNR a t MtGordon.highlyencouraging
gold a noma liesrec eived **
7/31/2019 The Gold Coast Resources Showcase 2011
6/35
6
** Signific a nt g old -in-soil results d efinehigh p riority g oldtargets
Deep d rillingp la nned a imingfor ore-g ra d e goldinterc ep ts overmea ningful wid ths
Deta iled LJ gold
ASX relea sep la nned onc omp letion ofinterpretation
7/31/2019 The Gold Coast Resources Showcase 2011
7/35
7
RC a nd
diamonddrillingp la nned fornextQua rter toid entify amanganeseresource
7/31/2019 The Gold Coast Resources Showcase 2011
8/35
8
Projec t Prospec t Work c ompleted last Q Positive Results Proposed Ac tivities Sc heduleForrestania
(1,153 km 2)
SkeletonRocksProspect
(Ni + Au)
Field rec onna issanc e,roc k c hip sam plingand XRF read ingsta ken from selec ted Fe
ta rge t a rea s.Samp les c ollec tedfrom interpretedultrama fic unit innorthern pa rt o fprospec t a rea.
A numb er of haem at itic iron ric hridges ov er la te ritised BIF unitsidentified.
XRF rea d ings c ollec ted with
va lues >50% Fe, m ax rea d ing is60% Fe.
XRF read ings c onfirm ultramaficunit to the north on E77/1784.
Furthe r field rec onna issanc e,ma pp ing a nd sam pling.
RC drilling p rop osa l to bec omp leted during the
c oming q uarter.Auge r sam pling overultram afic unit.
RC percussion drilling 1 st
Q 2011/ 12.
Auge r sam pling o verultram afic unit 1 st Q
2011/ 12
Sto rmb rea kerProspec t (Ni)
RC perc ussion d rillingc omp leted (11 holesfor 2,670 metres).
Infill auger samp lingcomp leted atSto rmbreaker West a ndSto rmbreaker NW.
Aug er samp lingcommenced a tSto rmbreaker North.
Field rec onna issanc e,roc k c hip sam plingand XRF read ingsta ken from selec ted Feta rge t a rea s.
RC drilling intersected komatiiticlithologies.
FSRC035 inte rsec te d 35m @ 47.6%Fe highlighting the po tential forhae ma tite rich iron ore ma terial inthe area.
Histo ric a l TEM a nomaly has bee nident ified for d rill testing a tSto rmbreaker West.
Aug er sam pling ha s ident ifiedad ditional kom at iitic lithologies atSto rmbreaker West.
Aug er sam pling at Sto rmb rea kerNW has ident ified a rob ust Cuanomaly.
RC Percussion d rillingta rge ting TEM a nom aly,ma gne tic high features andkoma tiitic lithologies a tSto rmbreaker West.
Ad ditional auge r sam pling a tSto rmb rea ker NW to b et terdefine the C u anom aly.
Further mapping of BIFc orrido rs to a ssess thepo tential for hae ma tite ric hiron ore a nd RC d ill ta rge ts.
RC drilling a tSto rmbreaker West t oc omm ence thisc urrent Qor 1 st Q 2011/ 12.
Infill aug er samp ling a tSto rmbreaker NW toc om me nc e this c urrentQ.
Lucy RocksProspect
(Ni)
RC drilling completeda t Beaut iful Sund ayWest (5 ho les for 1,054metres).
POW ap plic at ion forRAB drilling submittedto DMP and DEC.
BIF intersec ted in a numb er ofholes c onfirming t he p resenc e ofgreenstone lithologies at de pt h.
Ap prova l for RAB drilling rec eived
from the DEC.
RAB drilling.
Ad d itiona l RC drilling to te stgreenstones a t Bea utifulSund ay West.
RAB drilling toco mmence April/ May2011.
RC d rilling t o c om menc e
this c urrent Q or 1st
Q2011/ 12.
7/31/2019 The Gold Coast Resources Showcase 2011
9/35
9
Projec t Prospec t Work c ompleted last Q Positive Results Proposed Ac tivities Sc hedule
QueenVictoriaRocks
(395 km2
)
BenariProspect
(Ni)
Nil Nil Geologic a linterpretation.
Airc ore d rilling to define
geochemicalanomalies.
Geo log ic al interpreta tion to b ec om pleted this c urrent Q.
Airc ore drilling to c omm enc e 2 nd Q
2011/ 12.
HorseshoeProspect
(Ni)
Surfac e TEM c om pleted .
Field c hec king ofgeoc hemica l anoma liescompleted.
Kom atiitic litho logiesc onfirme d in the prospe c tarea.
Nil Nil
Spargo s
North(Ni)
Surfac e TEM c om pleted
ov er selec te d VTEManomalies.
Surfac e TEM andgeoc hemica l anoma liesfield chec ked.
Surfac e TEM ha s
c onfirmed a number ofVTEM ano malies.
Furthe r field c hec king
of TEM andgeochemicalanomalies required.
Field c hec king a nd m ap ping to b e
c om pleted during this c urrent Q .
Spargo sProspect
(Ni)
Review of d rilling andgeoc hemica l da ta
completed.Geologicalinterpretationcompleted.
Preliminary inspection ofhisto rica l diam ond d rillcore.
Field reconnaissancecompleted.
Basal co nta c t co nfirme dfrom histo rica l d iamond
drilling, inte rp rete d lavac hannel ha s a strikelength of ~1km.
Dissem inat ed Ni sulphid esc onfirme d in drill holeQVD010 on b asa lcontact .
Three DHEM anomaliesc onfirmed c lose to b asalc ontac t p osition.
Dissem inated Typ e IInickel sulphide sc onfirme d internal toultrama fic unit in holeQVD008.
Re-logg ing o f histo rica ldiam ond drill c ore.
Selec te d surfac e TEMsurveys.
Plan d iamo nd d rillingprogram.
Re-log ging to be c om plete d t his c urrentQ.
Surfac e TEM to b e c om pleted this c urrentQ.
Diam ond drilling to c omm enc e 1 st Q2011/ 2012
Spargo sSouth
(Ni)
Surfac e TEM c om pletedove r the ultram afic unit.
No signific ant ano ma liesgenerated from thesurvey.
Nil Nil
7/31/2019 The Gold Coast Resources Showcase 2011
10/35
10
Projec t Prospec t Work c ompletedlast Q
Positive Results Proposed Ac tivities Sc hedule
LakeJohnston
(380 km 2)
ErnestProspect
(Au)
Nil Nil Orienta tion geoc hemic a lsurveys to the ea st o f theErnest prospect to assessthe large g rav ity fea ture.
Geoc hemical sam pling to be c omp letedthisc urrent Q .
HardcoreProspect
(Au)
RC percussiondrilling c om pleted(4 ho les fo r 1,110metres).
High grad e g old intervalsintersec ted in holes HCRC005(1m @ 14.4 g/ t Au) a ndHCRC009 (4m @ 6.93 g / t Au).
Data review anddetailed geologicalinterpretation.
Final g eo log ic al interpreta tion t o bec omp leted this c urrent Q.
Mt Gordo nProspect
(Au)
Gravity surveyco mpleted overthe Mt Gordo nProspect area.
Infill soil samplingcommenced.
Gravity survey shows a strongc orrelation b etwe en g oldanomalies and gravity lows,which possibly represent smallinternal granitoid bodies.
Gravity low s off-set by NWtrending structures.
GeologicalInterpretation.
Infill soil samp ling to becompleted.
RC percussion drilling.
Geo logica l interpreta tion to b ec omp leted this c urretn Q.
RC drilling during 1 st Q 2011/12.
MaggieHayes South
Prospec t (Ni+ Au)
Nil Nil Surfac e TEM over thesout hern portion of theultram afic unit.
Geologicalinterpretation.
Field rec onna issanc e toasses Au a nomalies.
Surfac e TEM t o c om me nc e t his c urrentQ.
Jigalong
(2,589 km 2)
Hill 616Prospect(Mn)
Marumaru(Mn)
Zeb ra Bore
(Mn)
Consultantengaged to helpprog ress theregionalmanganeseexploration.
Preliminary Zincendowmentreview.
Potentia l rem ains for Mc ArthurRiver style zinc mineralisationin the reg ion.
Plan a nd imp lementd rilling a t Hill 616.
Field ma pp ing o fselected ma nga neseta rge t a rea s.
Zinc exploration strate gy
to be c ompleted.
Field m ap ping to b e c omp leted thisc urrent Q.
Drilling a t Hill 616 to b e c om pleted 1 st Q2011/ 12.
7/31/2019 The Gold Coast Resources Showcase 2011
11/35
11
Hannans Cash Expenditure & Share Price(All Qua rte rs sinc e ASX Listing)
92144
99 109 118 104 97 10624
265 268
13569
305 281219
292
30
145
13
228142
207 235 194149 172 139 158
240
330158 261
158
390
77193 143
246
339
131
245
667
403418
272
661
386
541
1,347
69
45
196
721
546
388
475
1,121
1,364
1,640
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.90
1.00
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Dec 2003 Jun 2004 Dec 2004 Jun 2005 Dec 2005 Jun 2006 Dec 2006 Jun 2007 Dec 2007 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010
Ad ministration & Ot herExploration a nd Evalua tionHNR Sha re Price
Cash Expenditure HNR Share Pric eA$
7/31/2019 The Gold Coast Resources Showcase 2011
12/35
12
Hannans Reward
1st Quarter 2nd Quarter 3rd Quarter Year-to-da te
Geolog ic a l ac tivities 176,695 23.60% 231,981 16.60% 201,922 15.70% 610,599 17.80%
Geoc hemic a l ac tivities 100,910 13.50% 193,321 13.80% 143,428 11.20% 437,659 12.80%
Geophysic a l ac tivities 203,381 27.20% 65,909 4.70% 105,478 8.20% 374,769 10.90%
Drilling 3,120 0.40% 571,986 41.00% 712,728 55.60% 1,287,834 37.60%Field Supp lies 41,390 5.50% 152,301 10.90% 32,733 2.60% 226,424 6.60%
Field c amp and travel 43,907 5.90% 43,592 3.10% 29,644 2.30% 117,143 3.40%
Environmenta l 4,200 0.60% 51,158 3.70% 2,640 0.20% 57,998 1.70%
Rehab ilita tion 3,759 0.50% 15,889 1.10% 7,970 0.60% 27,618 0.80%
Annua l tenement rent 31,036 4.20% 30,583 2.20% 17,074 1.30% 78,693 2.30%
Annua l tenement ra tes 69,868 9.30% 18,547 1.30% 2,228 0.20% 90,644 2.60%Tenement administra tion 34,771 4.70% 12,242 0.90% 6,377 0.50% 53,390 1.60%
Tenement app lic a tion fees 34,477 4.60% 8,317 0.60% 8,595 0.70% 51,388 1.50%
Pena lty & exemption fees - 0.00% - 0.00% 11,806 0.90% 11,806 0.30%
Tota l 747,513 100.00% 1,395,826 100.00% 1,282,625 100.00% 3,425,963 100.00%
Cash Basis (Append ix 5B) 1121000 1,364,000 1,640,000 4,125,000Timing Diffe renc e -373,487 31,826 -357,375 -699,037
The a mo unts show n in the ta ble a bo ve ha ve b een p rep ared on a n Ac c ruals Basis and are unaud ited
Exp lora tion Exp end iture2010/ 2011
7/31/2019 The Gold Coast Resources Showcase 2011
13/35
13
Resourc es & Rew ards Pty Ltd is a 50/ 50 joint venture w ith a wholly ow nedsub sidiary o f Sc and inavian Resources Ltd (ASX:SCR)
Concept b ased on the p ooling of highly comp etent Australian a ndSc and inavian g eo sc ient ists to ident ify op portunities to ac c ess ec onomicdeposits of minera ls (ex-Australia and ex-Sc and ina via) a ll Australian
opportunities go into ASX:HNR & a ll Sc and ina vian o pportunities go into ASX:SCR Stag e of de velop ment ad vanced exploration for prec ious, ba se and b ulk
commodities Corpo rate strateg y c o-fund ac quisition/ ap plic ation, ad d value through field
explora tion, ra ise third -pa rty funding to c ontinue exp lora tion tha t ma y lea d to
ma jor ec onom ic minera ls d isc overy & therea fter distribute bene fits to Hannansshareholders Country and p rojec t a ssessments have taken p lac e within South West Asia and
the Pac ific Rim; op portunities ha ve been p resented from within South East Asia
InternationalExploration
7/31/2019 The Gold Coast Resources Showcase 2011
14/35
14
Mr Don Huntly, GeologistMr Huntly hold s a Ma sters Degree in Sc ienc e (Ore Dep osit Geology a ndEva lua tio n) fro m t he Unive rsity o f We ste rn Austra lia , a Ba c he lo r o f Ap p lie dScience (Geology) and is a full member of Aust ra lian Inst itute of Geosc ient ist s
(MAIG) as well as a Registered Professional Geosc ientist (RPGeo). Mr Huntly is ane xp e rie nc e d g eo lo g ist ha ving he ld se nio r e xp lo ra tio n p o sitio ns w ith m a jo rc ompa nies including Xstrata Nickel Australasia, Jubilee Mines NL, Goldfields ofSouth Africa (Agnew Gold Operat ion) and WMC Resources Ltd (Leinster Nickelopera t ion). Mr Hunt ly p layed a ma jo r ro le in the d iscovery o f the Sinc la ir Nicke lDeposit owned by Xstra ta . He is a member of the Austra lian Institute ofGeosc ientists a nd is a Reg istered Professiona l Geosc ientist.
Com pe tent Persons State me ntThe informat ion in this document tha t re la tes to explora t ion resu lt s is based oninfo rma tion compiled by Mr Dona ld Huntly, Exp lo ra t ion Manage r who is a FullMemb er of the Australian Institute of Geosc ientists and a Registered ProfessionalGeosc ient ist . Mr Hunt ly is a full-t ime employee with Hannans Reward Ltd . MrHuntly has suffic ient experience, which is relevant to the style of mineralisat ion
a nd typ e s o f d e po sits und e r c o nsid e ra tio n a nd to t he a c tivity w hic h ha s b e enunde rt aken to qua lify as a Compe tent Pe rson as de fined by the 2004 ed ition o fthe Australian Code for the Reporting of Exploration Results, Mineral Resourc esa nd Ore Reserves . Mr Huntly c o nsents to the inc lusio n in the re port o f thema tt ersbased on the info rma tion in the fo rm and context in which it appea rs.
Explora tion Manager
Co nta c t: +61 8 9324 3388
7/31/2019 The Gold Coast Resources Showcase 2011
15/35
Hannans Group Struc ture
15
Hannans(ASX:HNR)
Hannans Reward
Australian Explora tion
Inte rna tiona l Explora tion
(Resourc es & Rewards)
Hanna ns InvestmentManagement
Equities Inve stm entsCash
Co nvertib le Notes
Co rporat e Boa rd Servic es
Transac tion Services &Corpo rate Mana gem ent
7/31/2019 The Gold Coast Resources Showcase 2011
16/35
16
Hannans Investment ManagementValua tion o f EquitiesCompa ny Type Number Pric e Va lue
AGO FPO 6,401,334 $3.50 $22,404,669SCR FPO 1,835,001 $0.49 $899,150
Other FPO 20,000 $0.22 $4,400$23,304,253
Convertib le Notes Amount ConversionPric e Interest Ra teSCR $2.5m $0.33 12.5% p aSCR $1.25m $0.66 12.5% p a
Ha nna ns Rew ard Ltd Ca p ital Struc ture
Type Number Exp iryFPO 131,648,715Options (ex. 80c) 2,250,000 30-Jun-11Options (ex. 20c) 2,000,000 31-Jul-11Options (ex. 80c ) 1,000,000 30-Jun-12Options (ex. 40c ) 100,000 30-Jun-12Options (ex. 80c ) 1,000,000 30-Jun-13Options (ex. 20c ) 300,000 20-Jul-13Options (ex. 75c) 300,000 20-Jul-13
Options (ex. 100c) 300,000 20-Jul-13Fully d ilute d FPO 133,948,715
HNR marketc ap ita lisa tion a t $0.17 $22,380,282
7/31/2019 The Gold Coast Resources Showcase 2011
17/35
Hannans Group Struc ture
17
Hannans(ASX:HNR)
Hannans Reward
Australian Explora tion
Inte rna tiona l Explora tion
(Resourc es & Rewards)
Hanna ns InvestmentManagement
Equities Inve stm entsCash
Co nvertib le Notes
Co rporat e Boa rd Servic es
Transac tion Services &Corpo rate Mana gem ent
7/31/2019 The Gold Coast Resources Showcase 2011
18/35
18
Wholly owned b usiness unit of Hannans CBS revenue red uces Hannans fixed c osts CBS offers Hannans shareho lders op portunities to ac c ess new offerings
(e.g. Sc and ina vian Resourc es Ltd ) CBS utilises expertise of Hannans c orpora te tea m to p rovide transac tion
servic es and c orpo ra te managem ent servic es to listed and unlistedp rivate a nd p ublic c ompa nies
Authorised Rep resenta tive of AFSL holder in p rog ress CBS offering is c om plime nta ry to Hannans business mo del CBS c urrently provid es on-going c orpora te ma nag ement servic es to
one ASX listed c om pany (expec ted to inc rea se to two during 4 thQuarter)
CBS p layed an imp ortant role in ma nag ing IPO p roc ess for Na rac ootaResourc es Ltd whic h lod ged a $5m p rospec tus with ASIC during Ap ril2011
Transac tion Servic es &Corporate Management
7/31/2019 The Gold Coast Resources Showcase 2011
19/35
A wholly owned subsidiary of
Scandinavian Resources Ltd (ASX:SCR) June 2011
Transaction Services &Corporate Management
provided by
7/31/2019 The Gold Coast Resources Showcase 2011
20/35
2
Transport a premium quality magnetite concentrate to the Port of Narvik, Norwayvia rail or pipeline
Mine iron from a number of 50 - 100Mt iron deposits within the world-class KirunaIron District, Sweden
To compile significant quantities of iron within the shadow of Europes largest ironmine through exploration, joint venture, acquisition and application
Port of Narvik, Norway
7/31/2019 The Gold Coast Resources Showcase 2011
21/35
3
7/31/2019 The Gold Coast Resources Showcase 2011
22/35
4
7/31/2019 The Gold Coast Resources Showcase 2011
23/35
5
7/31/2019 The Gold Coast Resources Showcase 2011
24/35
6
The Kiruna mine isowned by LKAB and isthe largest iron mine inEurope
LKAB have been
producing iron fromKiruna continuously for100 years
Premium quality ironpellets are railed toNarvik, Norway
Orebody is ~4km inlength, dips underneaththe town, mining istaking place at ~1.7kmunderground; orebody is
interpreted to increaseat depth The town (in the yellow
ellipse) will be moveddue to the deformationof the surface resultingfrom the mining method
Hans Lindberg 2011
7/31/2019 The Gold Coast Resources Showcase 2011
25/35
7
ASX Release Date Tonnes (Mt) Exploration TargetTonnes (Mt)Exploration
Target GradeRange (% Fe)
Notes
28 June 2010 98 Tasma n JV & Interna l
11 October 2010 125 150 33 37 Ta sma n JV & Interna l
15 November 2010 87.7 25 35 25 36 Ra kkuri Ac q uisition
8 June 2011 244 271 32 52 Gra ngesb erg Ac q uisition
Total 185.7 394 456 25 52
Projec t Tonnes (M) % IronEkstrmsberg 65 - 72 47 - 52Tjrrjokka 47 - 52 46 - 51kosjegge 67 - 74 32 - 35
Pattok 61 - 68 41 - 45Eustilljkk 4 - 5 34 - 37
Total 244 - 271 32 52
The JORC Exploration Target1
from the Grngesberg Acquisition is comprised of:
The table below does not include results from Phase 1 drilling (10,000m) which will form the basis for a JORC inferred mineralresource and exploration target update towards the end of July 2011. The pre-Phase 1 global resource and exploration targetsummary (incorporating Grangesberg Acquisition) is as follows:
(1) The Ekstrmsberg, Tjrrjokka, kosjegge, Pattok and Eustilljkk prospects which comprise the JORC Exploration Target have been subjectedto diamond drill testing, ground geophysics and interpretation by the Geological Survey of Sweden reviewed by Mr Thomas Lindholm, of GeoVistaAB. The potential quantity and grade of the exploration targets is conceptual in nature, there has been insufficient interpretation to define a JORCMineral Resource and it is uncertain if further interpretation will result in the determination of a JORC Mineral Resource.
7/31/2019 The Gold Coast Resources Showcase 2011
26/35
8
Damian Hicks, Director and Markus Bachmann, Director with magnetite ore at Sautusvaara(left); Olof Forslund, Director and Amanda Arrowsmith, Exploration Manager on LKAB
InfoMineTour highlighting magnetic properties of LKAB ore (right)
Hans Lindberg 2011
Hans Lindberg 2011
7/31/2019 The Gold Coast Resources Showcase 2011
27/35
9
Kiruna Iron AB will initiate studies into:
Railing a magnetite concentrate to Narvik Most probable apply for rail slots on an
annual basis alongside LKAB and NorthlandResources (TSX:NAU) utilising the existingrail network
Most preferable apply for rail slots on anexpanded double track network
Piping a magnetite slurry to Narvik Feasibility study required to assess economics
of constructing, operating and maintaining a180km slurry pipeline from Kiruna to Narvik
Magnetite slurry pipelines exist fordistances 220km Onshore and offshore arctic pipelines
exist in the energy sector
Hans Lindberg 2011
7/31/2019 The Gold Coast Resources Showcase 2011
28/35
10
MILESTONE NOTES PLANNED DATE* CORPORATETARGET**
Exploration Update Drilling to date April 2011
Resource Update Inferred July 2011 200-250MtEnvironmental Studies 2011
Logistics MOU Port and Pipeline / Rail 2011
Resource UpdatesInferred /
Indicated / Measured 2012/2013 250Mt 1Bt
Reserve Updates Probable / Proven 2013 / 2014
Start-up Production 2014 / 2015 5-10Mt/annum
* Preliminary estimate only and subject to change** This is not a JORC resource or a JORC exploration target. It is merely an internal corporate
target and has no relationship to existing, potential or future mineral resources.
7/31/2019 The Gold Coast Resources Showcase 2011
29/35
11
Damian HicksChairman
Founding director Founding director of Hannans
Reward Ltd in 2002, currentlyManaging Director
Bachelor of Commerce(Accounting & Finance) fromUniversity of Western Australia
Admitted as Barrister & Solicitor inWestern Australia
Olof ForslundTechnical Director
Founding director Geophysicist with extensive
international experience in themineral exploration industry
Majority of career with GeologicalSurvey of Sweden (SGU); commencedin 1966
Previously Regional Manager of SGUMineral Resources Information Office
Ian GregoryDirector & Company Secretary
Over 25 years experience in theprovision of company secretarialservices in the exploration, mining,mineral processing, and otherindustries
Paul ThomasNon-Executive Director
Metallurgist in the mining industry for25 years Managing Director of
OM Holdings Ltds(ASX: OMH) subsidiary, OMManganese
Markus BachmannNon-Executive Director
Corporate finance professionaland founding partner of CratonCapital
Craton Capital awarded FundManager of the Year at the Mining
Journals OutstandingAchievement Awards duringDecember 2010
7/31/2019 The Gold Coast Resources Showcase 2011
30/35
12
Competent Persons StatementThe information in this document that relates to exploration results is based on information compiled by Mrs.Amanda Arrowsmith, Exploration Manager, Scandinavian Resources Ltd,who is a Member of the Australian Institute of Mining and Metallurgy. Mrs. Arrowsmith is a full-time employee of Scandinavian Resources Ltd. Mrs. Arrowsmith hassufficient experience, which is relevant to the style of mineralisation and types of deposits under consideration and tothe activity which has been undertaken to qualify as a Competent Person as defined by the 2004 edition of theAustralian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mrs. Arrowsmithconsents to the inclusion in the report of the matters based on the information in the form and context in which itappears.
Hans Lindberg 2011
7/31/2019 The Gold Coast Resources Showcase 2011
31/35
13
ScandinavianResources Ltd
(ASX:SCR)
ScandinavianResources AB
Kiruna Iron AB
100%
100%
Precious & Base Metals
Bulk Commodities
Incubating mineralsprojects from public andprivate databases
7/31/2019 The Gold Coast Resources Showcase 2011
32/35
14
Major Shareholders %
Equity & Royalty Investments 32OM Holdings Ltd 19
Craton Capital Funds 10
Top 20 Shareholders (approx.) 80
ASX Codes SCR &SCRO
Total Ordinary Shares 66,376,996Total Options (Ex 20c 75c) 65,948,642
Fully Diluted Market Cap @ A$0.50 A$66M**Includes all in-the-money options
& pre-GIAB share issue
7/31/2019 The Gold Coast Resources Showcase 2011
33/35
7/31/2019 The Gold Coast Resources Showcase 2011
34/35
7/31/2019 The Gold Coast Resources Showcase 2011
35/35
17