Admiralty Resources NL — Shareholder Meeting (November 2013)

5 slides from Admiralty Resources NL's shareholder meeting presentation, Nov 27, 2013

Slide 1: Agenda: Board change, achievements and direction
For personal use only 3 Where is the Board taking ADY? 2 What has the new Board of Directors achieved? 1 Why the change in Board of Directors?
Slide 2: Why the change in Board of Directors?
Why the change in Board of Directors? For personal use only Mr Zhong Wang, a shareholder owning more than 5% of shares on issue, gave notice in accordance with section 203D of the Corporations Act to change the 1 Board of Directors. Over the past ten years the share price has fallen from approximate
Slide 3: ADY – Monthly share price over 10 years
ADY – Monthly share price over 10 years For personal use only 2007/2008 – ADY ownership of VIC increases to 60% 2010/2011 – ADY sells VIC and ADY takes over control of management
Slide 4: What has the new Board of Directors achieved?
What has the new Board of Directors achieved? For personal use only We have reduced total Directors’ remuneration and related party transactions by over 50%. 1 Sourced funding of US$3million through a convertible loan facility. 2 Executed a Memorandum of Understanding with Australis in an effort to
Slide 5: Where is the Board taking ADY?
Where is the Board taking ADY? For personal use only Subject to the satisfactory completion of due diligence, ADY may negotiate with Australia to reacquire an interest in VIC, along with additional tenements and port 1 concessions. ADY is seeking to obtain expressions of interest from third parties