Investor Memorandum. SIKA Resources Inc. Set your Goals. We ll make them Happen.

Transcription

1 Investor Memorandum SIKA Resources Inc. Set your Goals. We ll make them Happen.

2 DISCLAIMER The following presentation contains certain forward-looking statements and forward-looking information, within the meaning of applicable securities law, which are based on the management s current expectations, estimates, projections, assumptions and beliefs. By their nature, forward-looking statements involve a number risks and uncertainties, because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These forward-looking statements may be identified by words such as believes, expects, anticipates, projects, projected, pro forma, intends, forecasted, forecast, assumed, should, continue, seeks, may, will", "estimates, estimated, future, could, probably or similar words or expressions or by discussion of strategy, goals, plans, intentions or projections of revenues, earnings, segment performance, cash flows, contract awards, market size, industry trends, expenses and future financing. The forward-looking statements and forward-looking information are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements and information. Therefore, actual future results and trends may differ materially from what is forecasted in the forward-looking statements due to a variety of factors, including, without limitation: Pricing and product initiatives of competitors; Legislative and regulatory developments including changes in taxes, laws, and regulations; The impact of domestic and global economic and business conditions; An inability to successfully complete the development and implementation of products or services; Delay or inability in obtaining regulatory approvals or bringing products to market; Regulatory approvals received could be cancelled, qualified, altered, or revoked; Uncertainties in the discovery, development, marketing or marketing of new products or new uses of existing products; Loss of or inability to obtain adequate protection for intellectual property rights; Legal claims and litigation; Uncertainties involved in interpreting market sample testing results and other data; Changes in the rate of technological changes; Uncertainties relating to the availability and costs of financing needed in the future; Uncertainties relating to the quality, efficiency, and effectiveness of employees performing the roles in the manner in which was planned or anticipated; Uncertainties related to suppliers products, their prices, and their continued supply and level of quality; The possibility of project delays and cost overruns or unanticipated costs and expenses; Loss of key executives or other employees; and Adverse publicity or news coverage. The management believes the expectations reflected in the forward-looking statements and forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct, and such forward-looking statements and information should not be unduly relied upon, because the actual future results may differ materially from the plans, goals, and expectations set forth in such forward-looking statements. The forward-looking information and statements are only as of the date they are made. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the company s behalf are qualified by the cautionary statements in this section. There is no undertaking or assumption of any obligation to update or revise any of the included forward-looking statements or information, whether as a result of new information, changes in expectations or circumstances, future events or otherwise. The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorized, in particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in Canada and in the United States to or for the benefit of any person being residents of the United States or Canada, or partnerships or corporations organized under the laws of the United States or Canada.This document contains certain forward-looking information, assumptions, and estimates. Any forward-looking statements are not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statements, assumptions, and estimates. The reader is cautioned not to place undue reliance on such forward-looking statements, assumptions, and estimates. 2

3 $1,000,000 Offering SIKA Resources Inc. SIKA is a privately held Canadian Junior mineral exploration company. It is an exploration and development company focused solely on African mineral properties, concentrating on projects in stable countries and known gold producing areas, and jurisdictions with low mine development costs. 3

4 Competitive Advantages Core Strengths and Advantages 4 highly prospective gold projects in the prolific Lake Victoria Goldfields, Tanzania Experienced management with: A history of gold discovery, finding ounces in the ground Extensive African experience, and specific Tanzanian experience Public company experience Stable and Investor Friendly Jurisdiction in Tanzania Strong local relationships, and socially responsible 4

5 Tanzania Geology of Tanzania The geology of Tanzania comprises a mosaic of geological provinces of different ages and characteristics The Tanzanian Craton (pink) is renowned for its gold and diamond deposits (including the world s largest kimberlite), many of which have been discovered by Canadian companies Younger terrains host a variety of metallic and gemstone deposits including nickel, uranium, sapphire and ruby, emerald and alexandrite, topaz, tourmaline, tsavorite and other garnets and the world famous gemstone, tanzanite, which is only found in commercial quantities near the city of Arusha in northeastern Tanzania 5

6 Unique Specifications Tanzania is Africa s 3 rd largest gold producer with a stable, democratically elected government Huge world class gold deposits with many more new discoveries Lake Victoria Goldfields is a prolific gold producing area with over 60 Moz Capital expenditures are fully deductible 100% depreciation allowance with loss carryovers Tax deductible royalties 4% on gold 6% on diamonds No capital gains taxes No requirement for local equity partners 6

7 Properties SIKA s Excellent Property Locations: Lake Victoria Goldfields District Gold resources in Tanzania in excess of 60 million ounces All active mines in Tanzania are still exploring, leaving the top end of their reserves open-ended SIKA Gold Projects Ntundu Gold Property - SIKA s Priority Project Iselenge Gold Property Shibiso-Igwema Gold Property 7

8 Location of Properties Along a northwest-southeast structural trend within which the Geita, Bulyanhulu, Buzwagi and Golden Pride gold mines are found. 8

9 Ntundu Gold Property Along a northwest-southeast structural trend within which the Geita, Bulyanhulu, Buzwagi and Golden Pride gold mines are found Contiguous to Jubilee Reef mine 40 km south of 17+ Moz Bulyanhulu 42.6 sq km in size 100% owned by SIKA (no royalty to vendor) 40 km south of Bulyanhulu and 30 km north of Buzwagi gold mines, along the eastern edge of the Kahama greenstone belt (host to both Bulyanhulu and Geita gold deposits) Formerly part of Barrick s Buzwagi land package Immediately east of the past producer Jubilee Reef gold mine and immediately south of an active artisanal gold mining camp Has not been the recipient of any significant, documented historical exploration work 9

10 Jubilee Reef: Siga Hills 10

11 Jubilee Reef Mine: Contiguous to Ntundu High gold values: 46 g/t First discovered in 1898 in German East Africa Mineralization occurs in shear zones Within the shear zone, gold quartz veins are localized in sub-parallel faults Potential for open pit mine 11

12 Jubilee Reef: Potential for Open Pit RC drill results reported by Liontown and Currie Rose March 22, 2012, above 100 m: Hole 18: g/t from 40 m, including g/t from 56 m Hole 19: g/t from 8 m Hole 24: g/t from 72 m, including g/t from 72 m Hole 25: g/t from 40 m Earlier results reported by Liontown: g/t g/t 12

13 Geophysical Structures Geophysical Structures on Jubilee Reef Continuous on Ntundu SIKA PROPERTY 13

14 Iselenge Gold Property Located along a northwest-southeast structural trend within which the Geita, Bulyanhulu, Buzwagi and Golden Pride gold mines are found 12.3 sq km in size 100% owned by SIKA (no royalty to vendor) Located 60 km west of the Golden Pride mine at the west edge of the Nzega greenstone belt Sheared mafic volcanics, phyllites and banded iron formation have been documented on the property, most of which is covered by laterite Active Artisanal gold workings have been reported, located 1 km east of the property 14

15 Shibiso - Igwema Gold Property Located along a northwest-southeast structural trend within which the Geita, Bulyanhulu, Buzwagi and Golden Pride gold mines are found 2 contiguous prospecting licences (PLs) totalling 132 sq km 100% owned by SIKA (no royalty to vendor) Hosted in granitic terrain with slivers of greenstone and banded iron formation, similar to the Buzwagi gold mine, less than 25 km to the north Iselenge, Shibiso, and Igwema: just 25 km south of Barrick Gold s 4.5 Moz Buzwagi deposit Properties formerly part of Barrick s Buzwagi land package 15

16 Geophysical Structures North-South Structures in Line with Buzwagi Mine 25 km Directly North 16

17 Experienced Management Team Kim F. Harris, MA, President and CEO Founder and former President and CEO of Midlands Minerals Corporation, a TSX-V and OTCQX-listed company. Over 30 years of international business and exploration experience across Africa. Paul E. Singer, CA, Chief Financial Officer Over 30 years of experience as a Chartered Accountant in private practice. A founder and former Chief Financial Officer of Midlands Minerals Corporation. Mark Fedikow, BSc, MSc, PhD, PEng, PGeo, CPG, MMI Geological Consultant Professional geologist with extensive experience in soil geochemical analyses and interpretation of Mobile Metal Ions (MMI) surveys. Possess on the ground Tanzania experience. Avrom E. Howard, MSc, FGA, PGeo, Geological Consultant A professional geologist (also a certified gemologist) with over 25 years of international exploration experience, including Tanzania. Constantine A. Moshy, BSc, Geologist and Country Manager (Tanzania) Extensive Tanzanian exploration experience, including a history of discoveries International, including, UN exploration experience Trained in New Zealand and the Netherlands 17

18 Board of Directors David Unger, BSc, BEd (Independent) David Unger has over 25 years of international experience as a geologist, including field experience and geological due diligence for global corporate finance transactions. Mr. Unger has reviewed numerous feasibility studies, prepared and analyzed discounted cash flow models, and as a field geologist has been responsible for target identification and program generation. With a BSc in Geology and a BEd in Science and Mathematics from the University of Toronto, Mr. Unger also brings solid field experience in Tanzania. Mr. Unger is currently a teacher of mathematics and physical geography at a high school in the Toronto District School Board. Kim F. Harris, MA Kim Harris is the President, CEO, and founder of SIKA Resources, Inc. Ms. Harris has over 25 years of exploration experience in Africa, and a track record of proving resources. She is the founder and former CEO and Vice Chair of Midlands Minerals Corporation, a TSX Venture company. In addition to her exploration and public company experience, Kim Harris has an additional 10 years of international experience with Ontario International Corporation, where she was Director of Africa. Ms. Harris has a Master s degree from the University of Toronto, postgraduate certificates in International Management from the School of Business at the University of Western Ontario, and the Management Program for Public Executives from the School of Business at Queen s University, and a Bachelor s degree from Simon Fraser University, which she earned after completing her A-levels at Canterbury Girls Grammar School in Kent, UK. 18

19 Board of Directors Ernest J. Royden (Independent) Mr. Royden is a specialist in corporate finance, with over 40 years of international experience, raising hundreds of millions of dollars for public companies. After attending McGill University, Mr. Royden had decades of additional experience leading institutional sales. He was a Director of Canadian General Investments (TSX: CGI) and Chair of the Audit Committee from 1993 to 2001, and a Director of the Toronto Humane Society and Treasurer of the corporation from June 1997 until November Mr. Royden worked with D & D Securities Company since 2000 (formerly Dominick and Dominick Securities Inc.), and he was most recently with Euro Pacific Canada. Karl Schmed (Independent) Mr. Schmed is a founding Director of SIKA Resources Inc. A former Director and Audit Committee member of a TSX Venture company, Karl brings years of experience in public companies and African affairs. He played a key role in successful public company financings, with over $40 million of capital raised in a period of five years. Mr. Schmed owned, operated, and founded SQS Inc., an international leader in graphic arts, where he developed cutting edge software and generated millions of dollars in annual sales, later being bought by a global graphic arts company. He is currently the President of a marketing consulting firm, and the longest serving board member of the Digital Imaging Association; an Ontario based nonprofit organization of which he is a founder. He received his education in Switzerland and at the Juventus School of Business in Zürich. Edward A. (Ted) Harris Ted Harris has over 35 years of experience in the financial sector, including 25 years as a portfolio manager for institutions and private clients. He has worked with companies including the Canada Life Assurance Company, Guaranty Trust, Dominion Securities, Royal Bank Investment Management Inc., and most recently McLean Budden Limited. He is currently a board member of numerous private companies, and a Director of Lewa Wildlife Conservancy, a non-profit organization focused on the preservation of wildlife in Kenya. Mr. Harris has a Bachelor of Arts degree from Simon Fraser University. 19

20 Use of Proceeds Category Percentage Amount Exploration 77.5 $ 775,000 Working Capital 22.5 $ 225,000 Total 100 $1,000,000 20

21 Matthew J. McGrath, CFA President and CEO Optimize Capital Markets TD Canada Trust Tower 161 Bay Street, 26th Floor Toronto, ON M5J 2S1 (416) Set your Goals. We ll make them Happen.