w w w . a l t u s - s t r a t e g i e s . c o m

David Netherway - Non-executive Chairman

Mining engineer with > 40 years’ experience with involvement

in developing 3 gold mines in Africa.

Steven Poulton - Chief Executive Officer

Geologist and co-founder of Altus Strategies, African Aura,

Ariana Resources & Stellar Diamonds.

Matthew Grainger - Executive Director

Geologist and co-founder of Altus Strategies and Ariana

Resources; former COO of African Aura.

Robert Milroy - Non-Executive Director

Capital markets’ specialist with > 40 years’ experience in

investment and mining.

Michael Winn - Non-Executive Director

Geologist with > 35 years’ experience. Chairman of EMX

Royalties; former Director of Sprott & Reservoir.

Karim Nasr - Non-Executive Director

Resources management professional with > 25 years’

experience. CEO of La Mancha.

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Capital Structure (as of February 2020)

Toronto Stock Exchange Listing (2018) TSX-V: ALTS

London Stock Exchange Listing (2017) AIM: ALS

Shares outstanding 70,091,601

Market capitalisation (TSX-V / AIM) C$14.2M / £8.6M

Warrants C$0.225 (exp. 18.04.21) 911,861

Warrants C$0.30 (exp. 18.04.23) 27,391,616

Options None

Boards shareholding 20.29%

Directors & substantial shareholders(> 10 % of issued capital)

55.74%

Board

JV partners incl:

Shareholders incl:

Generating diversified

income

Short term: through JV milestones payments, partner

equity, project sales and spin-outs; Long term from project

royalty payments

Returns accelerated and risks reduced from a portfolio

managed by a team who have ‘skin in the game’ and a

track record of discovering and monetising assets in Africa

Delivering superior

returns to shareholders

Growing our project &

royalty pipeline

Accelerated land banking, making new discoveries and

executing project transactions

The platform for resource investing in Africa

Project Portfolio

PROJECT 3rd PARTY METAL COUNTRY #

Leopard Rock Avesoro Gold Liberia 1

Birsok Canyon Aluminium Cameroon 2

Pitiangoma Resolute Gold Mali 3

Lakanfla Glomin Gold Mali 4

Tigray-Afar - Copper Ethiopia 5

Agdz - Copper Morocco 6

Bikoula - Iron Cameroon 7

Laboum Corben Gold Cameroon 8

Daro - Copper Ethiopia 9

Diba - Gold Mali 10

Djelimangara Desert Gold Gold Mali 11

Sebessounkoto Sud Desert Gold Gold Mali 12

Tabakorole Glomin Gold Mali 13

Takzim - Zinc Morocco 14

Prikro - Gold Ivory Coast 15

Ammas - Zinc Morocco 16

Zaer - Copper Morocco 17

Zager - Gold Ethiopia 18

Zenoula - Gold Ivory Coast 19

Toura Firering Nickel Ivory Coast 20

GLOMIN