EMIR MINERAL RESOURCES CORPORATION

Vessel : MV "RUI NING" VN. 2308

Loadport : HOMONHON ISLAND, GUIUAN, EASTERN SAMAR, PHILS.
Date/Time : APRIL 06, 2023 @ 1330 - 1430 HRS.
Sea Condition : MODERATE

INITIAL DRAFT SURVEY REPORT

Fwd Mid Aft

3.860 m 5.620 m 7.390 m
Starboardside 3.860 m 5.780 m 7.460 m
Mean Draft 3.860 m 5.700 m 7.425 m
Draft Corrections -0.018 m -0.004 m 0.306 m
Mean Draft ( Corrected ) 3.842 m 5.696 m 7.731 m

Mean Draft Fore & Aft 5.7863 m Distance Bet Fwd. 0.850 m
Mean Draft Midships 5.6956 m Distance Bet Aft 14.400 m
Draft Mean of Means 5.74095 m Apparent Trim 3.565 m
Quarter Mean 5.696288 m Corrected Trim ( Tt ) 3.889 m
Corresponding Displacement 27,133 MT TPC 51.396 m
1st Trim Correction -807 MT LCF -7.398 m
2nd Trim Correction 134 MT MTC ( +50 ) 603.896 m
Displacement Corrected to Trim 26,460 MT MTC ( -50 ) 571.303 m
SW Density Correction 103 MT DM / DZ 32.592 m
Displacement Corrected to SW 26,358 MT Length Bet. Perpen. 183.250 m
Non Cargo Weights 14,735 MT Length Bet. Dft. Marks 168.000 m
Final Corrected Displacement 11,623 MT Sea Water Density 1.0210
FTC -807 MT
STC 134 MT

Quantity to be loaded ( + ) 51,500 MT Non - Cargo Weights

A-a 11,623 MT Fuel Oil 914.00 MT
Lightship 11,108.60 MT Diesel Oil 68.30 MT
Calculated Constant 515 MT Fresh Water 190.00 MT
Declared Constant 515 MT Ballast Water 13,562.40 MT
Others/LO 0.00 MT
TOTAL 14,734.70 MT

Remarks : INITIAL DRAFT SURVEY WAS CONDUCTED TOGETHER W/ THE VESSELS CHIEF OFFICER.
WANG DONGSHENG MARK V. ABALES
Chief Officer SURVEYOR
 EMIR MINERAL RESOURCES CORPORATION

Vessel : MV "RUI NING" VN. 2308

Loadport : HOMONHON ISLAND, GUIUAN, EASTERN SAMAR, PHILS.
Date / Time : MARCH 31, 2023 @ 1450-1550 HRS.
Sea Condition : MODERATE

FINAL DRAFT SURVEY REPORT

Fwd Mid Aft

Portside 5.380 m 7.300 m 8.920 m
Starboardside 5.470 m 7.620 m 9.200 m
Mean Draft 5.425 m 7.460 m 9.060 m
Draft Corrections -0.018 m -0.004 m 0.312 m
Mean Draft ( Corrected ) 5.407 m 7.456 m 9.372 m

Mean Draft Fore & Aft 7.389 m Distance Bet Fwd. 0.850 m
Mean Draft Midships 7.456 m Distance Bet Aft 14.400 m
Draft Mean of Means 7.4223 m Apparent Trim 3.635 m
Quarter Mean 7.41693 m Corrected Trim ( Tt ) 3.965 m
Corresponding Displacement 36,134 MT TPC 53.117 m
1st Trim Correction -588 MT LCF -5.120 m
2nd Trim Correction 150 MT MTC ( +50 ) 661.077 m
Displacement Corrected to Trim 35,696 MT MTC ( -50 ) 626.025 m
SW Density Correction 139 MT DM / DZ 35.052 m
Displacement Corrected to SW 35,557 MT Length Bet. Perpen. 183.250 m
Non Cargo Weights 14,721 MT Length Bet. Dft. Marks 168.000 m
Final Corrected Displacement 20,835 MT Sea Water Density 1.0210
FTC -588 MT
STC 150 MT

Cargo to be loaded ( + ) 51,500 MT Non - Cargo Weights

A-a 11,623 MT Fuel Oil 908.00 MT
Lightship 11,108.60 MT Diesel Oil 68.30 MT
Total Cargo loaded: 9,212 MT Fresh Water 184.00 MT
PREVIOUS 6,593 Ballast Water 13,561.00 MT
TODAY 2,619 Others/LO 0.00 MT
BALANCE 42,288 TOTAL 14,721.30 MT

Remarks : FINAL DRAFT SURVEY WAS CONDUCTED TOGETHER WITH THE VESSELS CHIEF OFFICER.

WANG DONGSHENG MARK V. ABALES

Chief Officer SURVEYOR
 EMIR MINERAL RESOURCES CORPORATION

Vessel: MV "RUI NING" VN. 2308

Loadport: HOMONHON ISLAND, GUIUAN, EASTERN SAMAR, PHILS.
Commenced: MARCH 23, 2023 @ 1925H
Completed: MARCH 31, 2023 @ 1430H

DRAFT SURVEY REPORT

INITIAL SURVEY FINAL SURVEY
Date (mm/dd/yy) Time APRIL 06, 2023 @ 1330 - 1430 HRS. MARCH 31, 2023 @ 1450-1550 HRS.
At (berth/terminal/port) EMRC LOADING ANCHORAGE EMRC LOADING ANCHORAGE
Water Condition at Draft Reading MODERATE MODERATE
Density 1.0210 1.0210
Mean Draft Forward (Corrected) 3.842 m 5.407 m
Mean Draft Aft (Corrected) 7.731 m 9.372 m
Mean Draft Fore and Aft 5.786 m 7.389 m
Draft Midship Port (Corrected) 5.620 m 7.300 m
Draft Midship Stbd (Corrected) 5.780 m 7.620 m
Mean Draft Midship 5.696 m 7.456 m
Corrected Mean (Q/M) 5.696288 m 7.416930 m
Corresponding Displacement 27,133.000 MT 36,134.000 MT
Displacement Corrected for Trim 26,460.000 MT 35,696.000 MT
Displacement Corrected for Density 26,358.000 MT 35,557.000 MT
Non-Cargo Weights 14,735.000 MT 14,721.000 MT
Final Corrected Displacement 11,623.000 MT 20,836.000 MT
QUANTITY LOADED 9,213.000 WMT

Ship's General Particulars Non-Cargo Weights

Port of Registry HONGKONG Particulars Initial (MT) Final (MT)
IMO NO. 9454656 Fuel Oil 914.000 908.000
Call Sign VRGG3 Diesel Oil 68.300 68.300
LOA/LBP 189.99 m/185.00 m Fresh Water 190.000 184.000
Breath/Depth 32.26 m / 18.00 m Ballast Water 13,562.400 13,561.000
Gross / Net 32,983 Tons/19,191 Tons Lube Oil 0.000 0.000
Lightship 11,108.600 MT Others
Declared K 515.000 MT
Calculated K 515.000 MT Total 14,734.700 14,721.300

Remarks : Initial and Final Draft readings were conducted jointly with the vessel's Chief Officer.
Cargo calculation is based on the vessel's Hydrostatic table and other related data provided on board.
The swell was about 1.50 meter to 1.80 meter swell.

WANG DONGSHENG MARK V. ABALES

Vessel's Chief Officer SURVEYOR
 EMIR MINERAL RESOURCES CORP.

Vessel/Voyage No. MV "RUI NING" VN. 2308

Loadport : HOMONHON ISLAND, GUIUAN, EASTERN SAMAR, PHILS.
Commenced : APRIL 06, 2023 @ 1330 - 1430 HRS.
Completed : DEC. 12, 2023 @ 1000 - 1100 HRS.

DRAFT SURVEY WORKSHEET A

( Fill up accordingly. Cross out boxes or items not applicable with one horizontal stroke.)

At - (Anchorage) At - (Anchorage)
Before - (loading) After - (loading)
FORMULAE PARTICULARS
Apr 27, 2018 @ 0820H May 15, 2018 @ 1330H
Sea Condition Mod Sea Condition Mod
P 3.860 m 5.380 m
Correction of Observed Drafts to Perpendiculars Fwd Draft (as read)
S 3.860 m 5.470 m
Position of Draft Marks Relative to Stern A Mean Draft Dist. To Per. (A1) 3.860 0.850 5.425 0.850
Head Trim
Perpendicular Trim P 7.390 8.920
After Draft (as read)
Forward - + S 7.460 m 9.200 m
Aft + - B Mean Draft Dist. To Per. (B1) 7.425 14.400 9.060 14.400
Observed Trim from = ( A diff B ) C Observed Trim between Dft Marks 3.565 m 3.635 m
Calculate/Measure distance between D = H- (A1+B1)
D Length Between Dft Marks 168.000 m 168.000 m
A1 and B1
Correction to Fwd. PP = A1 x C Correction Forward -0.018 m -0.018 m
D E Fwd Correction Draft 3.842 m 5.407 m
Correction to Aft PP = B1 x c Correction Aft 0.306 m 0.312 m
D F Aft Correction Draft 7.731 m 9.372 m
Trim between Perp. = ( E diff F ) G Corrected Trim 3.889 m 3.965 m
Length between Perp. (from ship's data) H L.B.P. 183.25 m 183.25 m
Trim by Trim by P 5.620 m 7.300 m
Pstn of LCF abt Midships Midship Draft (as read)
Stern Head S 5.780 m 7.620 m
Fwd + - I Mean Draft Dist. To Per. I1 5.700 0.206 7.460 0.206
Aft - + Correction Midship -0.004 m -0.004 m
I1 x C
Correction to Midship Perp. = J Midship Corrected Mean Draft 5.696 m 7.456 m
D
E + (6xJ) + F
Correction for Hull Deformation = K Corrected Mean of Means (Q/M) 5.69629 m 7.41693 m
8
Tabulation Density L Corresponding Displacement / DWT 27,132.922 MT 36,134.066 MT
If trim coefficient is G x N x O x Trim. Coeff.
M = M Total Trim Correction -672.423 MT -438.033 MT
available then H 9,212.131
Trim Correction Formulae
IMPERIAL METRIC N L.C.F (Fwd or Aft of Midship) -7.398 F -5.120 A
G (FT) x N x O x 12 + G2 (FT) x 6 x P G (m) x N x O x 100 + G2 (m) x 50 x P
TPC 51.396 MT 53.117 MT
H H H H
DM/DZ (P) x Calculation for use above O DM / DZ 32.592 MT 35.052 MT
IMPERIAL METRIC P FTC -806.894 MT -588.389 MT
MTC 1in. (for K + 6 ins) - MTC 1in. (for K + 50 cm) - Q STC 134.471 MT 150.356 MT
MTC 1in. (for K - 6 ins) MTC 1in. (for K - 50 cm)
R TTC -672.423 MT -438.033 MT
or or
30TPI2(K+^ins) -TPI2 (K-6ins) 7.2[TPC2(K+0.50m) - TPC2
S 26,460.499 MT 35,696.033 MT
(K-0.50m] Displacement/DWT Corrected for Trim
Breadth in ft Breadth in meters
T Heel Correction - -
Heel Correction (MT)=6x(a-b)x(c-d) (always +ve)
a) TPI/TPC at deeper draft c) Deepest draft U Displacement/DWT Corrected for Heel - -
b) TPI/TPC at lighter draft d) Lightest draft V App. Density 1.021 1.021
App Density = Kilo / Ltr. W
Disp(V) x App. Density (W) X Displacement/DWT Corrected for Density 26,358.000 MT 35,556.731 MT
Density Correction =
Tabulated Density (Ship's Data) Y Non-Cargo Weights 14,734.700 MT 14,721.300 MT
(Affix ship's stamp. Signature over printed name.) Net Displacement 11,623.300 MT 20,835.431 MT
Cargo Loaded / Discharged 9,212.131
MARK V. ABALES Z Bill of Lading 9,212.131
ITS Attending Surveyor(s) MV "RUI NING" VN. 2308
Master/Ch. Officer
"Voy 113
WANG DONGSHENG Rep.
 EMIR MINERAL RESOURCES CORP.

Vessel/Voyage No. MV "RUI NING" VN. 2308

Loadport : HOMONHON ISLAND, GUIUAN, EASTERN SAMAR, PHILS.
Commenced : APRIL 06, 2023 @ 1330 - 1430 HRS.
Completed : DEC. 12, 2023 @ 1000 - 1100 HRS.

DRAFT SURVEY WORKSHEET B

( Fill up accordingly. Cross out items / units not applicable. Ensure units are properly used. Use additional sheet if necessary.)

INITIAL SURVEY FINAL SURVEY

Tank Date APRIL 27 ,2018 Sea Date MAY 10 ,2018 Sea
0.00 0.00
No. Time 0820H-0920H Condition Time 1030H-1130H Condition
Sounding (M / ft ) Volume SG / Sounding (M / ft ) Volume SG /
MT / LT MT / LT
Apparent Correct (m3 / ft3) Density Apparent Correct (m3 / ft3) Density
FPT 0.03 0.569 1.020 0.580 0.62 33.000 1.020 33.660
DBT1P 17.93 1,156.000 1.020 1,179.120 0.08 32.000 1.020 32.640
S 17.88 1,136.000 1.020 1,158.720 0.08 32.000 1.020 32.640
2P 17.20 1,486.000 1.020 1,515.720 0.03 31.000 1.020 31.620
S 17.10 1,417.000 1.020 1,445.340 0.03 31.000 1.020 31.620
3P 17.00 1,605.000 1.020 1,637.100 0.06 40.000 1.020 40.800
S 18.20 1,606.000 1.020 1,638.120 0.06 40.000 1.020 40.800
4P 17.85 1,539.000 1.020 1,569.780 0.06 38.000 1.020 38.760
S 17.00 1,512.000 1.020 1,542.240 0.06 38.000 1.020 38.760
5P 15.58 851.000 1.020 868.020 0.10 14.000 1.020 14.280
Ballast Water

S 15.55 844.000 1.020 860.880 0.10 14.000 1.020 14.280

APT 5.88 519.000 1.020 529.380 0.01 0.137 1.020 0.140

13,671.569 1.020 14,114.000 343.137 1.020 350.000

FWTP Gauge 100.000 1.000 200.000 Gauge 75.000 1.000 75.000
DWTS Gauge 100.000 1.000 95.000 Gauge 75.000 1.000 75.000
Fresh Water

295.000 150.000
F.O. 906.300 640.000
D.O. 102.560 15.000
L.O.
Others
TOTAL ( MT/ LT ) 15,417.860 TOTAL ( MT/ LT ) 1,155.000

WANG DONGSHENG MARK V. ABALES

Vessel Chief / Cargo Officer SURVEYOR
 EMIR MINERAL RESOURCES CORPORATION

Vessel : MV "RUI NING" VN. 2308

Loadport : HOMONHON ISLAND, GUIUAN, EASTERN SAMAR, PHILS.
Date / Time : APRIL 06, 2023 @ 1330 - 1430 HRS.

PRE - LOADING HOLD(S) / HATCHES INSPECTION REPORT

THIS IS TO REPORT THAT Vessel Holds Nos. 1, 2, 3, 4 and 5 were inspected by the undersigned
jointly with the vessel's Chief / Cargo Officer and COTECNA CARGO SURVEYOR, while said vessel
lay afloat and safely secured at CANAWAYON, HOMONHON IS., GUIUAN, EASTERN SAMAR, PHILS.,

prior to loading a cargo designated and said to be NICKEL ORE in (√ ) bulk ( ) bags
( ) others (pls. Specify) . .

By careful visual inspection where accessible and free for direct examination, said hold(s) were found to be
apparently free from loose rust and sales, residue of previos cargo, free water and other foreign objects.

( ) The bilges were opened by deckhands, subsequently inspected and were found to be with nil or with
( √ ) The bilges were not opened by deckhands, hence, not inspected due to, NO VISIBLE SIGNS OF
OVERFLOWN WATER ON TOP OF BILGE'S COVER.

Said hold(s) were noted to be equipped with ( ) Mc Gregor Chain Type ( √ ) Mc Gregor Folding Type
( ) Steel Pontoon Type ( ) Others, (pls Specify) steel hatch cover(s).
The steel hatch cover(s) and access manholes were observed to be with apparently ( √ ) adequate fittings
( ) inadequate fittings due to

The Vessel's Hold Nos. 1, 2, 3, 4 & 5 were inspected and passed on MARCH 06, 2023 at 1830Hrs.

Remarks:

( √ ) Photographs were taken to form an integral part of this report.

( ) Photogragphs were not taken due to .

The present report reflects our findings determined at the time and place of inspection only and does not
report as to any other matter.

WANG DONGSHENG MARK V. ABALES

Vessel's Chief Officer SURVEYOR
DEGREES TANGENT BREADTH
32.26 SEA CONDITION (M.) (M.)
0.1 0.00174533 32.26 0.056 CALM 0 0
0.2 0.00349067 32.26 0.113 CALM RIFFLED 0 0.1
0.3 0.00523604 32.26 0.169 SMOOTH (WAVELESS) 0.1 0.5
0.4 0.00698143 32.26 0.225 SLIGHT SEA 0.5 1.25
0.5 0.00872687 32.26 0.282 MODERATE 1.25 2.5
0.6 0.01047236 32.26 0.338 ROUGHT SEA 2.5 4
0.7 0.01221791 32.26 0.394 VERY ROUGHT SEA 4 5
0.8 0.01396354 32.26 0.450 SWELL HIGH 5 6
0.9 0.01570926 32.26 0.507 SWELL VERY HIGH 6 above
1.0 0.01745506 32.26 0.563
1.1 0.01920098 32.26 0.619
1.2 0.02094701 32.26 0.676
1.3 0.02269317 32.26 0.732
1.4 0.02443947 32.26 0.788
1.5 0.02618592 32.26 0.845
1.6 0.02793253 32.26 0.901
1.7 0.02967931 32.26 0.957
1.8 0.03142627 32.26 1.014
1.9 0.03317342 32.26 1.070
2.0 0.03492077 32.26 1.127
2.1 0.03666834 32.26 1.183
2.2 0.03841612 32.26 1.239
2.3 0.04016415 32.26 1.296
2.4 0.04191242 32.26 1.352
2.5 0.04366094 32.26 1.409
2.6 0.04540973 32.26 1.465
2.7 0.04715880 32.26 1.521
2.8 0.04890816 32.26 1.578
2.9 0.05065781 32.26 1.634
3.0 0.05240778 32.26 1.691
3.1 0.05415806 32.26 1.747
3.2 0.05590868 32.26 1.804
3.3 0.05765964 32.26 1.860
3.4 0.05941095 32.26 1.917
3.5 0.06116262 32.26 1.973
3.6 0.06291467 32.26 2.030
3.7 0.06466710 32.26 2.086
3.8 0.06641993 32.26 2.143
3.9 0.06817316 32.26 2.199
4.0 0.06992681 32.26 2.256
4.1 0.07168089 32.26 2.312
4.2 0.07343541 32.26 2.369
4.3 0.07519038 32.26 2.426
4.4 0.07694581 32.26 2.482
4.5 0.07870171 32.26 2.539
4.6 0.08045809 32.26 2.596
4.7 0.08221497 32.26 2.652
4.8 0.08397235 32.26 2.709
4.9 0.08573024 32.26 2.766
5.0 0.08748866 32.26 2.822
5.1 0.08924762 32.26 2.879
 EMIR MINERAL RESOURCES CORPORATION

VESSEL : MV "RUI NING" VN. 2308

DATE: 16-Mar-23

HATCHWISE

CH1 CH2 CH3 CH4 CH5 TL

TODATE 0 3279 3314 1135 1484 150
PREVIOUS 0 3279 3314 0 0
TODAY 0 0 0 1135 1484 TF
BALANCE 11000 7721 4086 9865 9616 17.46

T-CH1 0 C-CH1 11000 QUANTITY 51500

T-CH2 0 C-CH2 11000 TODATE 9212
T-CH3 0 C-CH3 7400 PREVIOS 6593
T-CH4 65 CCH4 11000 TODAY 2619
T-CH5 85 C-CH5 11100 BALANCE 42288

MARK V. ABALES
SURVEYOR