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  • 1 www.reedresources.com www.reedresources.com

    AGM 2014

    Titanium Lithium F or

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    Summary information: This document has been prepared by Reed Resources Ltd (“Reed” or “the Company”) to provide summary information about the Company and its associated entities and their activities current as at the date of this document. The information contained in this document is of general background and does not purport to be complete. It should be read in conjunction with Reed’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au. Forward-looking information: This document includes certain statements, opinions, projections, forecasts and other forward-looking information which, while considered reasonable by Reed, are inherently subject to significant uncertainties and contingencies. Many known and unknown factors could cause actual events or results to differ materially from estimated or anticipated events or results included in this document. Recipients of this document are cautioned that forward-looking statements are not guarantees of future performance – they must make their own independent investigations, consideration and evaluation of the opportunity to invest in the Company. By accepting this document, recipients agree that if they proceed further with their investigations, consideration or evaluation of the opportunity to invest in the Company, they will make and rely solely upon their own investigations and enquiries and will not in any way rely upon this document. Any statements, opinions, projections, forecasts and other forward-looking information contained in this document do not constitute any commitments, representations or warranties by Reed and its associated entities, directors, agents and employees, including any undertaking to update any such information. Except as required by law, and only to the extent so required, directors, agents and employees of Reed shall in no way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatsoever nature arising in any way out of, or in connection with, the information contained in this document. Financial data: All figures in this document are in Australian dollars (AUD) unless stated otherwise. Not financial product advice: This document is for information purposes only and is not financial product or investment advice, nor a recommendation to acquire securities in Reed. It has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making any investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction.

    Investment risk: An investment in securities in Reed is subject to investment and other known and unknown risks, some of which are beyond the control of Reed. The Company does not guarantee any particular rate of return or the performance of Reed. Investors should have regard to the risk factors outlined in this document.

    Competent Persons Statement: The information in this document that relates to “Barrambie Scoping Study Results”, “Mt Marion test work results”, “Barrambie Mineral Resource Estimates”, “Mt Marion Mineral Resource Estimates” and Mt Marion – Successful Semi-Pilot Plant Results is extracted from ASX Releases set out below. The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX Releases set out below, and in the case of estimates of mineral resources, that all material assumptions and technical parameters underpinning the estimates in those ASX Releases continue to apply and have not materially changed. The Company confirms that all the material assumptions underpinning the production target and the forecast financial information derived from the production targets in the Barrambie Scoping Study and Mt Marion Pre-feasiblity Study continue to apply and have not materially changed.

    Disclaimer

    13/11/2013 Barrambie - Scoping Study Results 2/12/2013 Mt Marion – Breakthrough test work results 6/12/2013 Barrambie – Amended JORC 2012 Mineral Resource Estimate 9/12/2013 Mt Marion – JORC 2012 Mineral Resource Estimate 30/6/2014 Mt Marion – Successful Semi-Pilot Plant

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  • 3 www.reedresources.com www.reedresources.com

    Corporate

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    Company Strategy RDR is a specialist resource developer which generates shareholder value by identifying, securing and value adding to mining interests with strategic resources having long-term fundamentals aligned to 21st century commodity demands. RDR aspires to co-venture the development of its core assets with strong partners to reduce operating and financial risk. RDR seeks to maintain its focus on its core lithium and titanium assets. RDR is committed to the expeditious realisation of its non-core assets to strengthen its balance sheet and give cash flow for funding of its core projects RDR is committed to re-establishing a key small team of executives and board members to give it an appropriate/critical mass and skill/experience base to drive its endeavours.

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  • 5 www.reedresources.com

    Group structure chart

    Reed Resources Ltd

    Australian Vanadium

    Corporation (Holdings) Pty Ltd

    Barrambie Gas

    Pty Ltd

    Barrambie Titanium Project

    Mount Finnerty Pty Ltd

    Mount Finnerty Iron

    Reed Industrial Minerals Pty Ltd

    Mount Marion Lithium Project

    70%

    Process Minerals Int’l Pty Ltd (Mineral Resources Ltd)

    30%

    Nickel Exploration

    Reed Exploration

    Pty Ltd

    DBNGP Transmission

    Contract

    Active Divestment

    Process

    Core

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  • 6 www.reedresources.com

    Minerals for the 21st Century

    Lithium Lithium Titanium

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    Achievements FY2014

    Mt Marion • Patented flowsheet • Proved in semi-pilot

    plant • Partner selection in

    progress

    Barrambie • Licenced flowsheet • Proved in mini-pilot

    plant • Commenced PFS

    Project divestments • Reduce gas bond $2.7M • Divested gold assets

    • Meekatharra $5.1M ** • Comet Vale $1.9M

    Cash at Bank A$13.1M 30 June 2014*

    * Includes $6.2M of restricted access term deposits ** Includes cancellation of 24M RDR shares ~ $500k value

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  • 8 www.reedresources.com

    Goals 2015

    Mt Marion • Offtake for

    concentrates • Partner for LiOH • Final investment

    decision

    Barrambie • Complete Pre-feasiblity

    Study • Procure industry

    partner • Commence pilot plant

    Project divestments • Reduce gas bond further • Divest non-core assets

    • Yilgarn nickel • Mt Finnerty iron

    Build a new business, Neometals Increase share price

    NOTE: FORWARD LOOKING STATEMENTS

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    Corporate Overview

    ASX Code: RDR OTC: RDRUY Last close ( 27 Nov 2014) $ 0.028

    Shares on issue M 499.4

    Cash (30 Sept 2014) $m 11.7

    Incl Restricted Term Deposit $m 6.2

    Market capitalisation $m 15

    Major shareholders

    Melaid Holding Inc 8.6%

    David Reed (*) 5.4%

    Top 20 (5 Nov 2014) 34%

    (*) Excludes $2M convertible note at 3 cents

    Capital Structure

    Institutional overhang removed F

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  • 10 www.reedresources.com

    Corporate Overview

    Board

    David Reed OAM Non-executive Chairman

    Steven Cole Independent Director

    Chris Reed Managing Director/CEO

    Board and Management

    Management

    Jason Carone Company Secretary Financial Controller

    Bill Crossley Mining Engineer

    Mike Tamlin Project Manager Lithium

    Mike Spratt Project Manager Titanium F

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  • 11 www.reedresources.com

    Mount Marion Lithium Project RDR 70%, MIN 30% (Fund and operate) F

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  • 12 www.reedresources.com

    Captive Resource Infrastructure Mine Ready

    Secure Lithium Mineral Supply

    Note: Mineral Resource Estimate (JORC2012) on Page 43

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