RENASCOR RESOURCES LIMITED — AGM Information 2016

Nov 24, 2016

ASX Announcement

25 November 2016

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Managing Director’s Annual General Meeting 2016 Presentation to Shareholders

Attached please find a copy of the Managing Director’s presentation to be delivered today at the company’s AGM in Adelaide.

BACKGROUND INFORMATION

Renascor Resources is an Australian-based company focused on the discovery and development of economically viable mineral deposits. Renascor has an extensive tenement portfolio, holding interests in projects in key mineral provinces of South Australia, the Northern Territory and Western Australia, including significant graphite projects near Arno Bay, South Australia and at Munglinup, Western Australia.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr David Christensen

Managing Director +61 8 8363 6989 info@renascor.com.au

Mr Angelo Gaudio

Company Secretary

ACN 135 531 341 36 North Terrace, Kent Town, SA 5067 Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989 Email: info@renascor.com.au

ASX code: RNU

www.renascor.com.au

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Renascor Resources Limited ASX code: RNU

Annual General Meeting Presentation

Adelaide 25 November 2016 David Christensen Managing Director

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Important notices

Forward Looking Statements

This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those expected in the forward-looking statements or may not take place at all.

No Offer to Sell or Invitation to Buy

This Presentation is not, and should not be considered to, constitute any offer to sell, or solicitation of an offer to buy, any securities in the Company, and no part of this Presentation forms the basis of any contract or commitment whatsoever with any person. The Company does not accept any liability to any person in relation to the distribution or possession of this Presentation from or in any jurisdiction.

Disclaimer

Whilst care has been exercised in preparing and presenting this Presentation, to the maximum extent permitted by law, the Company and its representatives make no representation, warranty or undertaking, express or implied, as to the adequacy, accuracy, completeness or reasonableness of this Presentation; accept no responsibility or liability as to the adequacy, accuracy, completeness or reasonableness of this Presentation; and accept no responsibility for any errors or omissions from this Presentation

Competent Persons Statement

The exploration results in this Presentation, insofar as they relate to mineralisation, are based on information compiled by Mr G.W. McConachy (fellow of the Australasian institute of Mining and Metallurgy) who is a director of the Company. Mr McConachy has sufficient experience relevant to the style of mineralisation and type of deposits being considered to qualify as a competent person as defined by the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC code, 2012 edition). Mr McConachy consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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Renascor Resources

Highlights

Recent Drilling Nearly Quadruples Resource

• 60.8 million tonnes @ 7.8% (Total Graphitic Carbon) TGC for 4.7 million tonnes of contained graphite

• Higher-grade mineralisation of 22.2 million tonnes @ 10.0% TGC for 2.2 million tonnes of contained graphite

• Considerable scope to add to resource with follow-up drill program (currently underway)

High Quality Deposit

• Globally competitive size

• Ideally located in Australia: low sovereign risk jurisdiction

• Unique shallow, tabular orientation delivers potential for low strip ratio, low-cost mining

• In progress metallurgical tests confirm recovery of high purity (99% TGC) and coarse (+300µm/+50 mesh) concentrates

Material Upside

• Siviour is a recent discovery and trades at a material discount to its peers

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• Several near term catalysts offering scope to align valuation with peers

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Renascor corporate profile

ASX code RNU Shares currently on issue 438.1M Shares to be issued to acquire EPM 42.0M Options to be issued to acquire EPM 15.0M Fully diluted (after EPM acquisition) 495.1M *Cash (31 Oct 16) $2.66M Share price (22 Nov 16) $0.031 12 month range $0.009-$0.060 Market capitalisation (22 Nov 16) $13.6M Top 20 shareholding (22 Nov 16) 41% Board shareholding (22 Nov 16) 23%

*Pending shareholder approval being sought today’s annual general meeting, Renascor will acquire remaining 51% interest (thereby taking its interest to 100%) in Eyre Peninsula Minerals Pty Ltd (EPM) in exchange for approximately 42M shares and 15M options at $0.05 (exercisable prior to November 2019). EPM has an option to acquire 100% of Ausmin Pty Ltd, which holds the underlying rights to the Arno Graphite Project.

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Experienced board & management team

Stephen Bizzell, Non-Executive Chairman

Stephen is highly experienced in the fields of corporate restructuring, debt and equity financing, M&A and has over 20 years corporate finance and public company management experience in the resources sector in Australia and Canada. Stephen was a founder and executive director of Arrow Energy from 1999 to until its acquisition in 2010 by Royal Dutch Shell and PetroChina for $3.5 billion. Stephen is the Chairman of boutique corporate advisory and funds manager, Bizzell Capital Partners and serves as a director of a number of other ASX listed companies.

David Christensen, Managing Director

David is an experienced mining executive, with recent successful experience managing mining and marketing companies in Australia and the United States. Prior to founding Renascor, David served as Chief Executive Officer of Heathgate Resources and Quasar Resource, where he oversaw the operations of the Beverley uranium mine and the development of the Four Mile uranium mine. David also has extensive marketing and trading experience, including having served as President of Nuclear Fuels Corporation.

Geoff McConachy, Executive Director

Geoffrey is an accomplished geologist with over thirty years of Australian and international experience in the mining industry assessing a wide range of commodities. Geoffrey is a fellow of the Australasian Institute of Mining and Metallurgy and a former Director of the Uranium Information Centre.

Richard (Dick) Keevers, Non-Executive Director

Dick has over 40 years experience in the resource sector, having previously held senior executive positions with Broken Hill South Ltd and Newmont Mining Ltd. His experience includes advancing multiple producing mines from discovery phase through development, including the Telfer gold and copper mine, the Phosphate Hill phosphate mine and the Baal Gammon copper mine. Dick also was a substantial shareholder of and served as an executive director for Pembroke Josephson Wright Limited, an Australian share brokerage firm. Dick has served on boards of several ASX-listed resource companies, and he is currently a non-executive director of Santana Minerals Limited.

Andrew Martin, Non-Executive Director

Andrew is an executive with Deutsche Bank with over 15 years experience, predominately advising in the infrastructure, utilities and natural resources sectors. Andrew has a Bachelor of Economics (Hons) from the University of Sydney and is a founder and Alternate Director of ASX listed Stanmore Coal Limited (having been a Director from 2009 to 2014) and unlisted St Lucia Resources International Pty Limited.

Chris Anderson, Non-Executive Director

Chris is an experienced geophysicist with over 30 years in mineral exploration in Australia (with a focus in South Australia) and abroad. Chris is a graduate of Adelaide University (BSc, Geology and Geophysics) (Hons), and is a fellow of Australasian Institute of Mining and Metallurgy.

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Rapid transition to graphite development

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Siviour graphite deposit

Siviour graphite deposit in South Australia has quickly emerged as a potential commercial graphite development with several key components already established

Deposit size and quality Australia’s largest graphite resource with ample scope to grow to globally competitive scale Location

Secure mining jurisdiction: South Australia Near port, rail, established workforce Flake size and distribution Petrology shows over 60% in super-jumbo (+500µm) category

Product purity Preliminary bench flotation tests confirm recovery of recovery of high purity (99% TGC) and coarse (+300µm/+50 mesh) concentrates; full-scale tests to follow

Off-take

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Product testing in progress Time-frame to production Scoping study underway

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Re-rating potential

Renascor currently trades at a significant discount to its peers on an enterprise value per tonne basis given the recent and rapid progress at Siviour. Potential riggers for share price re-rating:

• Market recognition of new Siviour discovery

• Expansion of Siviour resource

• Definitive mineral processing

• Scoping study

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Renascor Resources

Why graphite in Australia?

Graphite market needs secure supply

• China dominates current supply

• Significant emerging production from Africa

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Renascor aims to
provide secure supply
from Australia
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Source: Company data, Macquarie Research, November 2015

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Graphite market

High tech growth areas are adding to historical industrial uses and driving increased demand for flake graphite

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Lithium Ion batteries Graphene Expandable graphite Super capacitors Green technologies Pebble bed reactors

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Siviour graphite deposit

Located centrally in Australian graphite corridor

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Siviour graphite deposit: location

Optimal location for development and production

Favourable jurisdiction

• South Australia

• Supportive government

• Freehold land

Port, Road, Rail, Power

• Established ports -- Port Lincoln, Whyalla

• Highway - 10km

• Railhead - 16km

• Power - on main grid

Established workforce

• Whyalla (23,000), Port Lincoln (15,000), Port Augusta (13,000)

• Arno Bay, Cleve, Cowell, Tumby Bay

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Renascor Resources

Siviour graphite deposit

Large-scale

JORC-compliant Mineral Resource of 60.8Mt @ 7.8% TGC for 4.7Mt of contained graphite*

Higher-grade portion : 22.2Mt @ 10.0% TGC for 2.2Mt of contained graphite*

Open along-strike

Horizontal orientation

N-S distance of 300m Average true thickness: 20m Average grade: 11%

Attractive potential strip ratios

High-quality flake

Petrology shows over 80% in the high-value super-jumbo (+500µm), jumbo (+300µm) and large (+180µm) categories

In progress met confirms recovery 99% purity flake concentrate

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• See Appendix 1 of RNU ASX release dated 26 Oct 2016. The information has not materially changed since first being reported.

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Siviour is Australia’s largest graphite deposit

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Siviour – Ample scope to grow resource

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	Category	Mineralisation (Mt)	TGC	Contained graphite (Mt)
	Indicated*	33.4	8.2%	2.7
	Inferred*	27.4	7.4%	2.0
	Total*	60.8	7.8%	4.7

Siviour remains open at shallow depths

Undrilled high conductivity target extending north from western portion of Indicated Resource

Open along strike to north and east of Indicated Resource

• See Appendix 1 of RNU ASX release dated 26 Oct16. The information has not materially changed since being first reported.

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Siviour deposit – Flat-lying and near-surface

Siviour has unique shallow, flat-lying orientation

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Siviour deposit – Flat-lying and near-surface

Other graphite deposits are deeper, more vertical

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Renascor Resources

Siviour deposit – Flat-lying and near-surface

Other graphite deposits are deeper, more vertical

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Siviour deposit – Flat-lying and near-surface

Other graphite deposits are deeper, more vertical

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Siviour deposit – Flat-lying and near-surface

Siviour offers lowerstrip ratio, lower-cost mining

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Siviour graphite deposit – flake size

Petrological examination shows abundance of flake graphite at Siviour

High proportion of coarse flake Siviour high-grade drill samples return: • 62% in super-jumbo (+500µm) category • m Up to 1,600µ

Strong basis for producing high quality concentrate at Siviour Comprehensive mineral processing test work, including sighter test work on representative samples from Siviour, currently underway

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(source: Pontifex & Associates, 2012)

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Siviour graphite deposit – metallurgy

Positive preliminary results

• Simple bench flotation tests on Siviour core

• 99% TGC concentrates

• 91% recoveries

• Coarse (+300µm/+50 mesh) concentrates at 94% TGC

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Forward work programs

Renascor intends to fast-track Siviour through development and into production

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High-grade graphite Renascor option to purchase Resource delineation drill program Flake size and purity JORC resource Mineral processing testing Drilling to expand/increase confidence Scoping study

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Offtake Permitting Feasibility Construction Production

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Siviour graphite deposit - conclusions

Siviour is large and growing Australia’s largest graphite deposit, with potential to reach globally competitive scale

High-quality coarse flake graphite High proportion of valuable jumbo and super-jumbo flake from petrological samples Flake concentrate at 99% TGC

Potential competitive production from Australia Offers diversity of supply

Multiple near-term catalysts Siviour is a new discovery, with upcoming work programs offering immediate opportunities for value enhancement

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Thank you
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