A GLOBAL LEADER IN MINERAL DRILLING SERVICES TSX: FAR
KEY TAKEAWAYS 1. Global Mineral & Water 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 Price (as of March 3, 2015): C0.50 Market Capitalization: C44.97 million 2013 Dividend: Nil 2012 Dividend: C0.055 per share Major Shareholder:…
TRACKING STOCK PERFORMANCE 1 Year 5 Years As of March 3, 2015 TSX: FAR 6
KEY TAKEWAY Point 1 Global Mineral & Water 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 Turkey Russia Burkina Faso Chad Republic of Congo Ivory Coast Ghana Guinea Mali Niger Kazakhstan 24 countries Australia New Caledonia…
SKILLED PEOPLE BASED BUSINESS 1,600+ 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 Geotechnical Drilling Activity 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
DIVERSIFIED COMMODITY EXPOSURE Revenue By Commodity Full Year 2014 OIl & Gas 3% Base Metals 2% Coal 12% Uranium 1% Gold 31% Water 12% Nickel 11% Copper 14% Iron 14% TSX: TSX:FAR FAR 16
EXPANDING GEOGRAPHIC COVERAGE Revenue By Region Full Year 2014 A global leader in the mineral drilling industry. Presence in all major mining markets. TSX: TSX:FAR FAR 17
LEVERAGING STRONG CUSTOMER RELATIONSHIPS Revenue By Customer Full Year 2014 Main Customers 14% 86% Majors & Multinational Institutions Juniors TSX: FAR 18
KEY TAKEAWAYS Point 3 Financial Data TSX: FAR 19
SELECTED FINANCIALS 1 Includes amortization and depreciation expenses Net Cash generated from operations less Capex Source: Company Reports. TSX: FAR 20
SELECTED FINANCIALS Source: Company Reports. TSX: FAR 21
A TARGETED ACQUISITION STRATEGY TO REACH A GLOBAL SCALE 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…
KEY TAKEAWAY Point 4 Adapting to a Changing Market TSX: FAR 23
MINERAL DRILLING SERVICES MACRO ENVIRONMENT Metals pricing is the key driver to mineral Worldwide Mineral Exploration Spending1 drilling. Prices entered a bear market in the second half of 2012 and have continued to deteriorate since…
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 from…
COMPELLING INVESTMENT PROPOSITION Worlds 3rd Largest Global Mineral Driller. Reliable and innovative, with a safety and customer first culture. Solid management team, with a world-class customer base who, on average, rated FAR…
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 1.416.594.7457 Cormark Securities Maggie MacDougall 1.416.943.6733 Mackie Research Capital Ryan Hanley 1.416.860.8837 TSX: FAR 28