Avenira Limited · ASX:AEV

Avenira — Corporate Update (May 2016)

18 slides from Avenira's corporate update, May 25, 2016

1. Slide 1: Baobab Project - Pictorial Update

   25 May 2016 BAOBAB PROJECT - PICTORIAL UPDATE Avenira Limited ('Avenira' or the 'Company') is pleased to provide a pictorial update from the Baobab Phosphate Project in Senegal. The update demonstrates the solid progress being made on the removal of overburden and the construction of waste stockpile

2. Slide 2: Gadde Bissik Mine Site Visit May 2016

   Baobab Mining and Chemicals Corporation SA Gadde Bissik Mine Site Visit May 2016

3. Slide 3: Baobab Project Port of Dakar Small Mine Permit Area

   Baobab Project Port of Dakar Small Mine Permit Area Gadde Bissik Sealed highway

4. Slide 4: Main entrance

   Main entrance

5. Slide 5: Site offices and accommodation rooms installed

   Site offices and 18 accommodation rooms installed

6. Slide 6: Overburden removal

   Overburden removal

7. Slide 7: Overburden removal

   Overburden removal Reese

8. Slide 8: Dump truck returning from Waste stockpile

   Dump truck returning from Waste stockpile

9. Slide 9: Waste stockpile area

   Waste stockpile area — a $ >

10. Slide 10: Project leadership with local community leader

    Project leadership with local community leader Paul Sub-Prefect Manar BA Richardson Lambaye

11. Slide 11: EIS Committee site meeting

    EIS Committee site meeting

12. Slide 12: EIS Committee site tour

    EIS Committee site tour

13. Slide 13: Process plant planning

    & Process plant planning

14. Slide 14: Process plant design

    Process plant design

15. Slide 15: Structural concrete foundations for Process plant

    Structural concrete foundations for Process plant

16. Slide 16: Structural concrete foundations for Process plant

    Structural concrete foundations for Process plant

17. Slide 17: Gadde Bissik SMP - Ongoing resource definition drill program

    Northing (WGS84) 1645500 1646000 1646500 1645000 1644500 1644000 Gadde Bissik SMP - Ongoing resource definition drill program - May 2016 SMP background UAV imagery acquired April 2016 a as a a | aT a | it eT @ Existing drill hole al 1 Proposed drilling, ram in ress INDICATED RESOURCE oP ng, prog pro

18. Slide 18: Avenira Limited contact details

    Avenira Limited ABN: 48 116 296 541 www.avenira.com Ground Floor, 20 Kings Park Road West Perth, WA 6005 AUSTRALIA PO Box 1704 West Perth WA 6872 AUSTRALIA +61 8 9264 7000 [email protected] © 2016 Avenira Limited

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