Tin price, page-12

BENEFITS TO SHAREHOLDERS Shareholders of AMR and Kasbah are expected to realize the following benefits from the Transaction:  Material upfront premium to Kasbah shareholders of 15.3% over the 60-day VWAP and 19.6% over the 90-day VWAP of Kasbah Shares (up to and including trading on 19 July 2016 being the last trading day for Kasbah Shares prior to its trading suspension);  Ability to participate in the creation of a geographically diversified base metals platform;  Experienced combined management team with a strong track record of successfully exploring, developing, constructing and operating similar-sized underground base metal mines in challenging jurisdictions;  Ability to leverage board and management expertise to use the combined group as an international base metals consolidation platform;  Significant exploration potential associated with the Ban Phuc sulphide nickel project in Vietnam;  Significant exploration and additional resource extension potential within the 75%-owned Achmmach permits and adjacent tin properties held 100% by Kasbah; 

Diversified shareholder base and improved capital markets access associated with the enhanced size of the combined company, which will have a dual listing on both the TSX-V and the ASX;