CONFIDENTIAL INVESTOR OVERVIEW | PRIVATE DEBT OFFERING

Company: MWAMBA Legal Counsel: DLA Piper

Location: Tanzania Contact: Curtis Mo, Global Securities
Sector: Mining Phone: +1 310 203 2911
Website: www.mwambamining.com Email: Curtis.mo@us.dlapiper.com
Contact: Thomas@mwambamining.com Placement Agent: Boustead Securities
Offering: Debt Contact: Jordan Estra, Head of Mining/Metals
Repayment: 3 years Website: www.Boustead1828.com
term:

Mwamba is a Tanzanian gold mining company dedicated to the acquisition, development and operation of late-stage resource properties in Tanzania.
Mwamba has partnered with local mid-sized miners to develop 2 joint venture mines, Kadidi and Masabi, totaling 655,264oz Au in fully drilled, JORC
compliant resources. Both mines are ready for immediate development, with drilling completed and regulatory approvals in place. Production is expected to
begin within the first year of capital availability.

Mwamba has agreed to provide 100% of development capital and manage both operations in return for a 75% and 80% of the profits from the Kadidi and
Masabi projects respectively. Mwamba’s JV partners will only start receiving dividends once Mwamba’s initial development capital has been recuperated.
Mwamba’s joint venture strategy is a cost-effective method of acquiring late-stage projects. The JV model also makes for a reduced political risk profile,
supporting government initiatives to empower Tanzanian nationals to participate in the local mining economy and eliminate mercury in small-scale mining
communities (explanation of mercury eradicating activities in bottom section).

Mwamba’s JV partners are Tanzanian nationals with extensive experience in the local mining sector and strong relationships in Tanzanian government. The
Directors of Kadidi Mining Limited and Shangaza Golden Group, Mwamba’s 2 JV partners, were formerly Senior Geologists & Exploration Managers for
Resolute Mining’s Golden Pride Mine and AngloGold Ashanti’s Geita Gold Mine, two of the largest Tanzanian gold mining operations to date.

OFFERING CONSIDERATIONS
• Mwamba seeks to raise USD$20 million in secured debt
• Capital raised is expected to finance the development of both mines through the start of production
• Both mines are expected to begin producing 9-12 months after financing
• Management projects that production may exceed 50,000oz Au in year 1 and reach 70,000oz/year thereafter
• Funding will be collateralized by resources, projects, processing plant and equipment

Production Schedule
Calculated Using $1,750 USD per ounce gold price and assumed 85% processing efficiency.

The above data and calculations represent an estimate by management based on the information that is currently available and are speculative. Actual results will likely differ from these projections.

Eradicating Mercury | Building Communities | Improving Lives

Mwamba has agreements to purchase ore from small-scale mining communities adjacent to its mines. This engagement supplements Mwamba’s production
while eliminating the need for small-scale miners to process ore independently using crude mercury methods that are both toxic and inefficient. Mwamba has
partnered with the UN to affect this initiative. Small-scale gold mining pollutes 1,400+ tons of mercury annually (UNEP), a dire health concern for regions
where this style of mining is found. Mwamba aims to support the growth and stability of Tanzania starting with the responsible stewardship of small-scale
mining operations, strong environmental practices, and fair employment opportunities. We believe this focus mitigates the political risk traditionally associated
with mining projects.