Newport Exploration LtdSuite 202-2168 , Marine Drive , West Vancouver, British Columbia, Canada

Newport has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada.  Newport holds a 2.5% gross overriding royalty ("GOR") on several permits in Australia. These include permits currently being operated and explored by Beach Energy Ltd. ("Beach") and Santos Ltd. ("Santos"), both companies are major Australian oil and gas producers. Details of these assets are provided in Company news releases and by Beach and Santos.

Exposure to Oil & Gas Investment

Exploring, developing and operating oil and gas projects is an expensive business, with substantial sustaining capital requirements that are difficult to maintain in smaller companies.  However, the royalty portfolio over several permits in the Cooper Basin in Australia provides Newport with low-risk exposure to both the production and exploration upside of these permits. Newport has no obligation to contribute any capital to the development of the oil and gas permits in Australia, and as such, sees direct cash flow from the applicable royalties.

Project Overview

Newport holds a 2.5% gross overriding royalty on several oil and gas permits in the Cooper Basin in Australia. These permits are being operated by Beach Energy (beachenergy.com) and by Santos Ltd (santos.com).  The royalty is a non-operating interest and shareholders and potential investors are encouraged to access the information released independently by Beach and Santos, which are both major Australian oil and gas exploration and production companies.  Newport also has a 100% interest in the Chu Chua massive sulphide deposit located approximately 30km north of Kamloops, British Columbia.  Chu Chua was discovered in 1978 by Craigmont Mines Ltd. 130 drill holes have been drilled on the Chu Chua property for a total of 23,500m, with a total of 98 drill holes or 19,000m in the resource area. The deposit is comprised of two vertical and steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40m thick, with a known strike length of 400m and a known depth of 250m.

INVESTMENT HIGHLIGHTS

• Dividend paying
• Well financed, no debt
• 2.5% Royalty over several oil and gas permits in Australia
• Active exploration by excellent operators in Cooper Basin
• Operators: Beach Energy and Santos
• Royalty covers both oil and wet gas projects
• Several new oil fields discovered since 2015
• Owns a 100% interest in Chu Chua massive sulphide deposit in British Columbia