onlyBuilding Value Through Exploration use Investor Presentation

ersonal14 June 2022

EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au

Disclaimer

This presentation is for information purposes only.

onlyThis presentation has been prepared by Empire Resources Limited ("Empire" or the "Company") and contains general background information about Empire's activities as at the date of this presentation ("Information"). It is Information in a summary form only and does not contain all the Information necessary to fully evaluate any investment.

While the Information in this presentation has been prepared with due care, Empire:

  1. disclaims all responsibility for the contents of this presentation to the fullest extent permitted by law, and
  2. is not to be held liable for any statement in, or omission from, this presentation.

Each recipient of this presentation must check the accuracy or otherwise of the materials contained in this presentation.

useForward looking statements in this presentation may involve known and unknown risks, uncertainty, or may be subject to

factors outside the control of Empire that may cause the actual results, performance or achievements of Empire to differ

ersonal

materially from those expressed or implied by those statements. Further information on Empire can be obtained from

www.resourcesempire.com.au.

This presentation is not a prospectus or a product disclosure statement under the Corporations Act 2001 (Cth) and has

not been lodged with the Australian Securities and Investment Commission ("ASIC"). This presentation is neither an offer

nor an invitation to subscribe for securities in Empire or representation that any securities issue will take place. Any such

offer or invitation will only be made (if at all) by a disclosure document under the Corporations Act or by another document

to exempt investors not requiring disclosure under the Corporations Act.

EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au

2

Highlights

only

Significant advances in recent exploration activity

Diamond drilling completed at Yuinmery Project - assay results pending

Target generation at Nanadie Project

Field work commencing at Barloweerie Project

use

Expanding project portfolio

Granted tenement holding grows to 452km2

Additional 433km2 of tenement applications

ersonal

Two new projects - Nanadie (Cu-Au) and Meekatharra (Au)

Balance sheet continues to strengthen

$1.86M cash (unaudited) as at 10 June 2022

Strong shareholder support

Zero debt

EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au

3

Investor Dashboard

only

Capital Structure (at COB 10 June 2022)

Share Price

$

0.009

FPO Shares Outstanding

m

1,038.57

Unlisted Options

m

64.91

Cash (Unaudited)

$m

1.86

use

Debt & Other Liabilities

$m

0.00

Market Capitalisation

$m

9.35

Shareholder Distribution

ersonal

37%

ERL Board

63%

Other

EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au

Board & Management

Michael Ruane

Non-Executive Chairman

Sean Richardson

Managing Director

Jeremy Atkinson

Non-Executive Director

ASX:ERL Share Price Performance

2.0

Close (cps)

1.5

1.0

0.5

Jun-21

Aug-21

Oct-21

Dec-21

Feb-22

Apr-22

Jun-22

(m)

50

25

Vol

0

4

Investments - Penny's Find Gold Mine Royalty

only

5% Net Smelter Royalty for first 50,000oz, 2.5% thereafter [1]

Plus $400,000 in remaining staged milestone payments

Plus $100,000 in remaining royalty pre-payments due Q2 2022

use

High grade gold mine 45km northeast of Kalgoorlie

Open pit production - 138,272t @ 4.47g/t Au for 18,356oz Au [2]

Underground Resource - 250,000t @ 5.22g/t Au for 42,000oz Au [3]

Horizon Minerals Limited (ASX:HRZ) rapidly advancing the

ersonal

Penny's Find Gold Mine towards production [3]

Resource update completed July 2021

Further infill and extensional drilling planned

Fully permitted with toll milling agreement executed for H2 2022

EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Empire Resources Limited published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 22:32:03 UTC.