Investment Highlights

Sustainable growth in precious metal production

Financial stability

Cash^1,2 (end Q3 2019)

US$83.4 million

$150.0 million credit facility

US$150.0 million drawn

Notes:

Cash position is Management’s unaudited estimate as at December 31, 2019

Proven mine builders and operators

Disciplined growth strategy
Bottom quartile operating costs

Fueling growth

Maximize production, profitability and cash flow of operating mines

Focus on operational efficiencies to reduce cash costs

Brownfields exploration

Exploration potential for new discoveries in and around land positions in Peru, Mexico and Argentina

Greenfields exploration

Generative programs to identify potential acquisition opportunities in Mexico and Argentina

Pursue M&A opportunities

Evaluate strategic acquisitions throughout the Americas and in select other areas