Foundations for Growth

The key foundations of growth for White Energy are built on having:

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    A strong balance sheet

    A strong balance sheet with cash reserves of approximately $22 million as at 31 December 2015 (including restricted cash) with no external debt allowing it to secure a foothold into a number of projects, including Mountainside Coal Company Inc.

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    The revolutionary BCB technology

    The BCB technology at an advanced stage with proven technology applications including upgrading sub-bituminous coal, coal fines beneficiation, coking coal applications and briquette carbonisation

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    Ownership of exploration assets

    Ownership of a number of exploration assets with strong potential including a large sub-bituminous coal deposit at Lake Phillipson (EL4534) which has the potential to be complimentary to the BCB coal upgrading technology

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    An industry leading board and management team

    An industry leading board and management team with a proven track record, extensive coal mining, engineering and operational skills

Focus on Growth

White Energy’s current strategic platform for growth in the next three years is focused on:

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    Build

    Turning Mountainside Coal Company Inc. into a profitable operation which management is planning to achieve by;

    (i) Commencing mining operations at Flat Creek which contains the low ash Blue Gem seam coal (mining commenced December 2014);

    (ii) Constructing and commissioning a new coal wash plant (construction and commissioning was completed in February 2015);

    (iii) Constructing and commissioning a BCB plant to briquette coal fines

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    Acquire

    Acquiring and developing additional coal mining assets which management is planning to achieve by;

    (i) Acquiring a coal deposit in Indonesia;

    (ii) Developing EL4534 resource through coal gasification and other mineral exploration

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    Develop and improve

    Continuing to develop and improve on the core BCB technology by;

    (i) Constructing BCB plants in the Powder River Basin;

    (ii) Identifying a financial partner in China for BCB technology sub-licensing opportunities

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    Expand

    Expanding the coal fines technology business by;

    (i) Constructing and commissioning a fine coal beneficiation plant at Woestalleen Colliery site;

    (ii) Constructing and commissioning a BCB plant at Woestalleen Colliery site;

    (iii) Constructing and commissioning BCB plants at other mine sites.

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    Innovate and invest

    Continuing to innovate and invest in Research and Development by extending the BCB technology applications