A GLOBAL LEADER IN MINERAL DRILLING SERVICES TSX: FAR
KEY TAKEAWAYS 1. Global Mineral Driller 2. Diversified by Commodity & Geography 3. Financial Data 4. Adapting to a Changing Market TSX: FAR 4
FORACO MARKET PROFILE Stock Symbol: TSX: FAR Shares Issued and Outstanding: 90.0 million Share Price1: C0.37 Market Capitalization1: C33.3 million 2013 Dividend: Nil 2012 Dividend: C0.055 per share 2011 Dividend: C0.069 per share…
TRACKING STOCK PERFORMANCE 1 Year 5 Years As of October 31, 2014 TSX: FAR 6
KEY TAKEWAY Point 1 Global Mineral Driller TSX: FAR 7
STRONG & EXPERIENCED MANAGEMENT TEAM Director & CEO since incorporation Daniel Simoncini Over 30 years of industry experience Chairman and Co-CEO Based in Singapore Director & Executive Officer since incorporation Jean-Pierre…
GLOBAL REACH Canada United States Brazil Mexico Argentina Chile Peru England France Germany Russia Burkina Faso Chad Republic of Congo Ivory Coast Ghana Guinea Mali Niger Kazakhstan Australia New Caledonia Singapore 23 countries TSX:…
SKILLED PEOPLE BASED BUSINESS 1,800+ experienced employees located around the globe TSX: FAR 10
VERSATILE AND MODERN DRILL FLEET Global Drill Rig Fleet 302 Drill Rigs 62 Rotary 212 Diamond 28 Combination TSX: FAR 11
DELIVERING DRILLING SOLUTIONS At Every Stage of the Mine Life Cycle Exploration Drilling Activity Geotechnical Metallurgical Sampling Water TSX: FAR 12
CONSISTENT STRATEGY Focus on Leveraging our Position 1 Growth in the Americas Solidify our preferred 2 driller status with Majors Continue to capitalize 3 on African opportunities 4 Expand Asia, Far East and CIS presence…
KEY TAKEAWAY Point 2 Diversified by Commodity & Geography TSX: FAR 15
EXPANDING GEOGRAPHIC COVERAGE Revenue By Region YTD Q3 2014 A global leader in the mineral drilling industry. Presence in all major mining markets. TSX: TSX:FAR FAR 16
DIVERSIFIED COMMODITY EXPOSURE Revenue By Commodity YTD Q3 2014 Strongly aligned to: Global exploration and production; Drilling spend and trends. TSX: TSX:FAR FAR 17
LEVERAGING STRONG CUSTOMER RELATIONSHIPS Revenue By Customer YTD Q3 2014 Main Customers 14% 86% Majors & Multinational Institutions Juniors TSX: FAR 18
KEY TAKEAWAYS Point 3 Financial Data TSX: FAR 19
FINANCIAL REVIEW Income Statement 1 Includes amortization and depreciation expenses Source: Company Reports. TSX: FAR 20
FINANCIAL REVIEW Balance Sheet TSX: FAR 21
A TARGETED ACQUISITION STRATEGY 2007 2008 2009 2010 2011 2012 January 07: September 08: April 09: April 10: April 10: April 12: November 12: Acquisition Connors Drilling North West Mosslake Eastern Drilling Adviser Drilling Servitec…
KEY TAKEAWAY Point 4 Adapting to a Changing Market TSX: FAR 23
MINERAL DRILLING SERVICES MACRO ENVIRONMENT Producing Miners focused on Worldwide Mineral Exploration Spending reducing exploration costs in 2014 and expanding their current projects versus discovering/purchasing new projects.…
ADAPTING TO A CHANGING MARKET Macro Actions towards a leaner, more efficient Organization Environment ready for the next phase of Growth Pressures Rigs moved to more active regions Decrease in activity Reduced total Headcount…
COMPELLING INVESTMENT PROPOSITION Worlds Third Largest Global Mineral Driller. Further synergies to be developed through the cross- fertilization of expertise and technical offerings between our Regions. Well positioned for next…
FOR MORE INFORMATION PLEASE CONTACT Brenda Patterson-Mack irforaco.com T: + 1.877.795.6363 M: + 1.705.825.0169 www.foraco.com TSX: FAR TSX: FAR 27
ANALYST COVERAGE Broker Analyst Contact CIBC World Markets Kevin Chiew 416.594.7457 Cormark Securities Maggie MacDougall 416.943.6733 Mackie Research Capital Ryan Hanley 416.860.8837 TSX: FAR 28