Molo Project Divestment – Energizer Resources Inc.

Strategic decision made to crystalise significant value and
focus on 100% owned opportunities
Retain rights to non-industrial minerals
Access to key Green Giant tenement for Ni-Cu-PGM
exploration.
Key terms:
On execution:
C$400,000 cash
2,500,000 EGZ shares (12mth escrow period)
3,500,000 EGZ warrants (5 day VWAP prior to date of signing)
On completion of Bankable Feasibility Study:
C$700,000 cash
1,000,000 EGZ shares
On commencement of commercial production:
C$1,000,000 cash
1.5% Net Smelter Return Royalty
Previously, in 2011 the Company entered into a JV with
Energizer which saw the receipt of US$2,250,000 and
7,500,000 EGZ shares

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