A Global Resource Investment Corporation and Merchant Bank<br />TSX:AAB<br />June 2010 - AGM<br />A Forbes & Manhattan Group Company <br />
Cautionary Statement<br />2<br />This presentation contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes without limitation, statements regarding the proposed use of the proceeds of the financing, the receipt of all necessary approvals, the outcome of legal proceedings, the issue of permits, the size and quality of the company’s mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the financial results of the company the future financial or operating performance of the Company, the prospective mineralization of the properties, planned exploration programs, anticipated production schedule and terms and the availability and likelihood of future acquisitions. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; acquisition risks; and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. <br />This presentation does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.<br />
At a Glance<br />3<br />Global resource investment company and merchant bank<br />Focused on private, micro- and small-cap resource companies<br />Unique, value-added approach to investing<br />Actively builds companies to unlock value<br />Targeting triple digit returns<br />Benefits from Forbes & Manhattan’s infrastructure <br /> and deal flow<br />Broad investment mandate in resource sector<br />Significant exposure to goldin current portfolio<br />Investments in energy, metals, bulks, agriculture<br />
Value Proposition<br />4<br />~$70M<br />1. <br />Market Value<br />of investment portfolio (Apr 30/10)<br />~C$0.80/share<br />VS<br />C$0.39/share<br />Current Share Price<br />We are VERY undervalued<br />*Excludes value of two gold royalties<br />
Value Proposition<br />5<br />>$500K <br />2. <br />Gold Royalty paid quarterly<br />Forbes Coal<br />Brazil/Amazon Potash<br />Temujin Mining<br />Private investment upside<br />Taking public to improve portfolio liquidity/value <br />3. <br />Supporting next generation of investments<br />Ongoing high quality deal flow<br />4. <br />
Unlocking Value through F&M<br />6<br />Forbes & Manhattan expertise <br />Technical Team<br />Financial Team<br />Legal Team<br />Back Office<br />Over 80 professionals in Toronto plus international operations teams<br />Forbes & Manhattan benefits: <br />Financing<br />Marketing<br />M&A<br />World class team<br />Proven track record<br />Actively building companies and creating value<br />
Our Business<br />7<br />Targets<br />Active Investment<br />+100%<br />Seed financings<br />Active role in management & BOD<br />Support financially in early ages<br />Private<br />Micro-cap<br />From initial investment<br />Merchant Banking<br />Short-term investments<br /> Bridge financing<br />Fee income<br /> Shells<br />+10% pa<br />+ Warrants<br />$2.0M-<br />Royalty Revenue<br />Provides upside to higher gold prices<br /> Backed by 8 Mozreserves and <br /> 25 Mozresources<br />$2.5M<br />pa<br />
Investment Methodology<br />Source high potential resource deal<br />“Seed financing”<br />AAB provides managed risk capital<br />8<br /><ul><li>Develop business plan
Can TRIPLE production in 2-3 years, strong financial position
Future exploration projects in Southern Africa</li></ul>Temujin Exploration<br /><ul><li>World class licenses covering 3 of the most prospective anomalies on OyuTolgoi copper-gold belt in Mongolia
120 km strike length of strong copper and gold anomalies on 5 licenses
Limited drilling, no work done since 2005, vastly improved geopolitical climate</li></li></ul><li>Outlook<br />13<br />Portfolio Leveraged To Gold And Junior Market <br /><ul><li>Market set-back in May-June, but most holdings have performed well.
Large warrant positions provide additional leverage
We do not manage the portfolio for the short-term!
Exceptional upside as markets improve and companies execute</li></ul>Private Holdings To Deliver And Unlock Value<br /><ul><li>Forbes Coal expected to list by Fall 2010
Amazon/Brazil Potash to spin off three companies