XCEED RESOURCES LTD 
By Annua/ Generai Meeting- 28 October 2013
www.xceedresources.com.au
ASX: XCD
Disclaimer & Attribution
This document has been prepared by Xceed Resources Limited ("XCD") in connection with providing an overview to interested ana lysts and investors. The presentation is being provided for the sole purpose of providing background information to enable recipients to review the bu siness activities of XCD. This presentation is thus by its nature limited in scope and is not intended to provide all available information regarding X CD. This presentation is not intended as an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any shares. This pre sentation should not be relied upon as a representation of any matter that a potential investor should consider in evaluating XCD. Prospective investors sho uld make their own independent evaluation of an investment in XCD.
Any statements, estimates, forecasts or projections with respect to the future performance of XCD contained in this presentation are based on assumptions made by XCD's management and about circumstances and events that have not yet taken place. Such statements, estim ates, forecasts or projections involve significant elements of subjective judgement and analysis which, whilst reasonably formulated, cannot be guaranteed to occur. Accordingly no representations are made by XCD or its directors, officers, agents, advisers or employees as to the accuracy of such information; such statements, estimates, forecasts or projections should not be relied upon as indicative of future value or as a guarantee of value or future results; and there can be no assurance that the projected results will be achieved. XCD accepts no obligation to correct or update anything in this presentation.
The Coal Resources and Reserve estimate for the Moabsvelden thermal coal project is based on Coal Resource estimates compiled by Mr Kobus Dippenaar, Pr.Sci.Nat, B.Sc Hons (Geology), GSSA, who is a senior coal geologist at Gemecs (Pty) Ltd which has consulted to XCD. Mr Dippenaar is a member in good standing of the South African Council for Natural Scientific Professions (SACNASP No. 4090079/94) as well as a member of the Geological Society of South Africa. Both organisations are Recognised Overseas Professional Organisations. Mr Dippenaar has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration, Mineral Resources and Ore Reserves'. Mr Dippenaar consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears.
The Coal Reserve estimate was prepared by Mr Van Reenen Jewaskiewitz, who is a registered Professional Mining Engineer with the Engineering Council of South Africa (ECSA) (a Recognised Overseas Professional Organisation) and has a Mine Managers Certificate of competency for coal mines. He has more than 25 years' experience in the South African coal and minerals industries. Mr Jewaskiewitz is a full time employee of XCD and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration, Mineral Resources and Ore Reserves'. Mr Jewaskiewitz consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears.
SINCE THE LAST AGM
We have received a credit approved offer of project finance from Standard Bank
We have received a Mining Right and Environmental Approval for Moabsvelden
We have received third party affirmation of the technical and financial viability of Moabsvelden
HOWEVER
We, together with the rest of the junior mining fraternity, have been faced with a virtual investor strike which has
protracted our efforts to fill the equity funding gap necessary to bring Moabsvelden into production in a sustainable and prudent way
This has meant that, together with delays in the permitting process and the securing of off-take agreements, we were not yet in a position to make the decision to commence development
BEFORE
Our neighbours in South Africa (Keaton Energy) presented an alternative idea to our shareholders, namely to sell
their shares to Keaton
3 Moabsvelden: Funding
