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Palo

04/29/18 11:08 AM

#28 RE: Palo #27

GraphmadaGraphite Mine 100% owned, debt free, fully recommissioned large flake graphite mine producingpremium graphite concentrates

• 40 year mining & environmental permits

• 20 year landholder agreements

• ~90% in-situ large flake graphite

• Off-take agreement in place

• Established logistics & infrastructure 382kt of contained graphite estimated (JORC)

• Primary Deposit (Mahefedok) 3.5 Mt @ 4.2% TGC1 • Secondary Deposit (Loharano) 5.7 Mt @ 4.1% TGC2

• Exploring Mahela & Andapa

• Ambatofafanadeposit delineated