- 1 -

Eliminates capital cost, costly parts

inventory, maintenance cost/problems

Fixed Cost/Tonne

Includes all operating cost such as manpower, fuel & lubricants, Maintenance parts and supplies

Services to clients

Mine Engineering, Pit Planning and Design

Open Pit Mining and Quarrying

Drilling and Blasting

Tailings Dam Construction

Environmental mitigating measures (drainage, silt ponds & dikes)

Progressive rehabilitation of mined out areas

Equipment leasing

Main Office: Manila Address: M. Selma Road, Lower, Calajo-an RSTI Compound

Minglanilla, Cebu Pamplona, Las Piñas City (63-32) 272-3232 Fax (63-32) 272-6337 (02) 872-9347

: info@anseca.com

- 2 -

1. VISION – MISSION – CORE VALUES

2. GENERAL INFORMATION

Name of Firm : ANSECA DEVELOPMENT CORPORATION

Business address : M. Selma Road, Lower Calajo-an, Minglanilla, Cebu

Contact No. : +6332 2723232

Fax No. : +6332 2726337

Email add : info@anseca.com

BUSINESS OBJECTIVES:

The company caters to the various needs of different business sectors/activities that are involved in

Earthmoving, quarrying, waste and ore mining, equipment leasing land development, etc.

Legal status of the firm : Corporation

Date of Incorporation : September 28, 1990

CAPITAL STRUCTURE

Authorized Capital Stock : PhP 100,000,000

Subscribed Capital Stock : 100,000,000

Paid-in Capital Stock : 100,000,000

VISION

“TO BE THE BYWORD IN MINING AND EARTHMOVING, GLOBALLY COMPARABLE, BY USING MODERN EQUIPMENT

AND TECHNOLOGY, PROVIDING THE MOST ECONOMIC AND EFFICIENT SERVICE TO THE FULL SATISFACTION OF

THE CLIENTS, COMMITTED TO THE HIGHEST STANDARDS OF SAFETY, HEALTH AND ENVIRONMENT.”

MISSION

“WE PROVIDE THE BEST QUALITY SERVICE IN MINING AND EARTHMOVING TO OUR CLIENTS AT THE MOST

EFFICIENT COST.”

CORE VALUES

HONESTY – INTEGRITY – COMMITMENT PROFESSIONALISM – DEVELOPMENT – CONSISTENCY

- 3 -

3. MAJOR PROJECTS COMPLETED

1.

Toledo City, Cebu

Handling of copper concentrates from the mill to pier

Underground mine subsidence backfilling contract

Equipment leasing (bulldozer, loaders, trucks)

2.

MASBATE GOLD PROJECT Aroroy, Masbate 1985 to 1993

Equipment Leasing (Heap leaching Ore operations)

3.

DIZON COPPER GOLD MINE Zambales – 1990 to 1992

Tailings dam construction and equipment leasing

4.

ANTAMOK GOLD OPERATION Antamok, Benguet – 1991 to 1003

Open Pit Gold Mining

5.

Mainit Surigao del Norte – 1990 to 1992

Open Pit Gold Mining

6.

PHILEX GOLD PHILIPPINES Bulawan Gold Project – 1995 to 2000

Open Pit Gold Mining, Heap Leach Pad and Tailings Dam Construction

7.

PHILEX GOLD PHILIPPINES Sibutad Gold Project – 1997 to 1998

Open Pit Gold Mining, Heap leach Pad Construction

8. MANILA MINING CORPORATION

Placer Surigao del Norte

Involves 8,000 TPD open pit gold mine. Five (5) years contract on ore and waste stripping at 936,000 MT per year.

9. FORMERLY : BACNOTAN STEEL INDUSTRIES, INC. (BSII)

A 5-year contract was signed January 10, 2000 between Kawatetsu PAC -Atlantic Transport, Inc. (K-PAC) and ANSECA to handle the in-site logistics of the Bacnotan Steel Industries, Inc. (BSII) in Calaca Batangas.

10. APO CEMENT CORPORATION Tina-an, Naga, Cebu

A 10-year contract of quarrying limestone and cement grade materials at 4.0 MMT per year with environmental enhancement and pollution abatement measures such as tree planting, drainage system maintenance with silt ponds and dikes, dust and noise suppression. ANSECA has also participated in the ISO 9001 and ISO 14001 accreditation of APO Cement.

11. MOLDEX REALTY INC. Meycauayan, Bulacan – 1993 to 1994

Land Development

12. ANTIPOLO PROPERTIES, INC. / RSBS Village East III, Binangonan, Rizal – 1992 to 1993

Land Development

13. ARABELLA REAL ESTATE Consolacion, Cebu – 1994

Land Development

14. TIERRA GRANDE ESTATE Lawaan, Talisay City Cebu

850,000 cubic meter contract for 9 months for real estate development. Scope of work : dozing, spreading and compaction

15. MIRAMONTE PHASE II Talamban Cebu City

Dozing, loading, hauling, spreading and compaction. Average material movement is about 2,000 cu.m. per day.

16. GUADALUPE PROJECT Guadalupe, Cebu City

Dozing spreading and compaction. Project has just started, and materials movement is about 2,000 per day.

17. LA BUENA VIDA PROJECT Cagayan de Oro, City

Involves 300,000 cubic meters of earth moving Job. Average daily volume is at 3,000 cubic meters per day.

18.

CITY SPORTS CLUB, Cebu Business Park

Site Preparation and Extraction

- 4 -

19. CORONA DEL MAR

Talisay City, Cebu

Site Preparation / Land Development

20. STA. LUCIA REALTY & DEV’T. INC.

1. GLENN ROSE RESIDENTIAL ESTATE

Carcar City, Cebu

2. GREENVILLE HEIGHTS

Consolacion, Cebu

3. VISTA GRANDE SUBDIVISION

Compostela, Cebu

4. SUMMER HILLS SUBDIVISION

Compostela, Cebu

Site Preparation / Land Development

21. LAPANDAY DIVERSIFIED PRODUCTS CORPORATION

Bukidnon

Site Preparation / Clearing and Grubbing

22. DEL MONTE PHILIPPINES

Davao City

Site Preparation / Clearing and Grubbing

23. PNOC-EC

Naga City, Cebu

PNOC COAL ANCHORAGE AND TERMINALLING SERVICES

Anchorage operation of un-loading imported coal from mother vessel to barges and subsequent terminalling / blending services.

24. PNOC-Geothermal

Tongonan, Leyte

Clear and grubbing operations

Site preparation for the geothermal

25.

Padcal Tuba, Benguet

TAILINGS POND #3 AND DIKES

a.1 Spillway Excavation – Clearing, stripping, excavation, stockpiling, construction and maintenance of ramps/access/haulage roads, drilling/blasting (if required) and provision of silt/sediment traps.

a.2 Quarry G – Clearing, stripping, construction and maintenance of ramp/access/haulage road/extraction/stockpiling and if required, drilling/blasting.

TAILINGS DAM #2 – Toe Dam Buttressing with Drain Blanket

Development of Quarry Source/Borrows Area

Construction of Access Ramp from Riverbed to the Upper Benche

OPEN PIT/SUBSIDENCE BACKFILLING

Quarry Development and Subsidence Backfilling Operations with an average daily volume of 5,800 MT per day or 2.0 million MT per year

26.

PHILIPPINE MINING SERVICES CORP.

Alcoy, Cebu

PMSC is a subsidiary of Kawatetsu Steel Corporation of Tokyo, Japan. PMSC is engaged in mining the huge dolomite deposit of Alcoy and Dalaguete, Cebu, programmed at 900,000 tons/year. Dolomite is used in steel and glass making, refractory, construction & others. Recently, PMSC has awarded the operation of the dolomite quarry with a 5 year contract to ANSECA. ANSECA played a vital role in the accreditation process of PMSC ISO 9001.

- 5 -

4. PROJECTS IN PROGRESS

1. HOLCIM PHILIPPINES, INC. – LUGAIT PLANT

Lugait Misamis Oriental

- 10-year contract with the following scope of works:

Mine planning and design, quarrying and delivery of limestone, shale and pozzolan at 3.0 Million MT annually, materials handling and rehabilitation pollution abatement measures and environmental protection i.e. dust and noise suppression and reforestation. ANSECA participated actively in the accreditation process of HOLCIM Cement ISO 9001 Management Quality System and ISO 14001 Environmental Management System, and OHSAS-18001.

2. HOLCIM PHILIPPINES, INC. – DAVAO PLANT

Barrio Ilang, Davao City - 10-year contract with the following scope of work:

Engage the services for the delivery of Limestone at 2.1 Million MT annually, Quarry Development and Production Project, Silica Material Handling and Feeding Project, Process Materials Handling and Rehabilitation Project.

- 6 -

3. HOLCIM PHILIPPINES, INC. – BULACAN PLANT

Bayabas, Doña Remedios Trinidad, Bulacan - 10-year contract with the following scope of works:

Mine planning and design, quarrying and delivery of limestone, shale and pozzolan at 3.0 Million MT annually, materials handling and rehabilitation pollution abatement measures and environmental protection i.e. dust and noise suppression and reforestation.

- 7 -

4. HOLCIM PHILIPPINES, INC. – LA-UNION PLANT

Quirino, Bacnotan, LaUnion - 11-year contract with the following scope of work:

Engage the services for the delivery of Limestone at 1.3 Million MT annually, Quarry Development and Production Project, Silica Material Handling and Feeding Project, Process Materials Handling and Rehabilitation Project.

6.

Dahican, Carrascal Surigao del Sur

A 5-year contract project, renewable upon mutual consent. ADC started the project on June 04, 2010 which responsibility is to mine and deliver Nickel ore and waste materials to the designated area in Dahican, Carrascal, Surigao del Sur. The major activities are as follows:

Mine Development – Waste stripping, extraction of the ore, benching as per mine engineering plans, hauling and dumping to ore stockyards/designated areas.

Construction and maintenance of haul roads dust suppression, silt ponds and silt traps.

Construction and maintenance of designated ore stockyards.

- 8 -

7. ADNAMA MINING RESOURCES, INC. Urbiztondo, Nickel Project Bgy. Urbiztondo, Claver, Surigao del Norte

A 5-year mining contract project, renewable upon mutual consent. ADC started the project on June 01, 2012 with the responsibility to mine and deliver Nickel ore and waste materials to the designated area in Bgy. Urbiztondo, Claver Surigao del Sur. The major activities are as follows:

Developing mining areas, Stripping of waste/overburden materials, Bench forming and pit drainage.

Ore extraction from designated mining area

Transport of nickel ore to designated stockpile areas

Breaking of saprolite material, Stockpile maintenance and pre-piling activities.

Loading of ores to barges/LCT, trimming of loaded or on board the barges/LCT

Construction and maintenance of mine access roads.

- 9 -

5. TECHNICAL CAPABILITIES

The company has a team of high caliber, competent, experienced and highly trained professionals composed of geologist, geodetic, mining, civil and mechanical engineers, certified public accountant, management, financial and legal consultants. The team sees to deliver high quality of services and observe professional decorum in and out of the work place.

LIST OF ENGINEERS:

NAME PROFESSION

1. LIMOSNERO, ALEX MINING ENGINEER

2. QUITORAS, ROSALITO MINING ENGINEER

3. MONTESA, LESLIE MINING ENGINEER

4. CHING, ALLAN MINING ENGINEER

5. OMAY, RICHARD CIVIL ENGINEER

6. SOMERA, ALLAN CIVIL ENGINEER

7. GIRAY, CHERYL CIVIL ENGINEER

8. SIMBAJON, CHRISTIAN CIVIL ENGINEER

9. JAVIER, JASPER CIVIL ENGINEER

10. SELMA, SEGUNDINO III INDUSTRIAL ENGINEER

11. LLABAN, ANGELIQUE INDUSTRIAL ENGINEER

12. BADAYOS, RHEA MAE INDUSTRIAL ENGINEER

13. CABSAG, MARVIN CHEMICAL ENGINEER

14. BUSTAMANTE, VINCENT MECHANICAL ENGINEER

15. CRUZ, ALEX MECHANICAL ENGINEER

16. DELA CRUZ, ROBERTO MECHANICAL ENGINEER

17. GUINITA, REYNALDO MECHANICAL ENGINEER

18. JAYAG, JERMAINE MECHANICAL ENGINEER

19. MORENO, OSCAR MECHANICAL ENGINEER

20. TABORNAL, ERWIN MECHANICAL ENGINEER

21. MEJARO, ROMMEL MECHANICAL ENGINEER

22. HERUELA, REYNANTE MECHANICAL ENGINEER

23. LUZANO, IVAN MECHANICAL ENGINEER

24. YRAT JAYSON MARK MECHANICAL ENGINEER

25. MARQUEZ, ROMMEL ELECTRICAL ENGINEER

26. HOLLANES, VERGELIO ELECTRICAL ENGINEER

- 10 -

6. EQUIPMENT FLEET

- 11 -

- 12 -

7. SUBSIDIARY/AFFILIATE COMPANIES

We have subsidiaries/affiliates which give ready support for our manpower and logistic requirements.

Anseca-Acelco Ventures, Inc.(AAVI) - An expanded venture company of ADC and ACELCO

Mach Asia Manufacturing Corp. (MAMCOR) - ADC’s maintenance arm which provides services such as track rebuilding, equipment reconditioning, undercarriage repair, engine overhauling, o-ring and hose fabrication and machining jobs.

Mach Asia Trading Corporation (MATCO) - A direct importer of second hand heavy equipment which could be tapped anytime should ADC require additional units for new and existing projects.

SFAG MC - A subsidiary that provides additional manpower requirements of ADC and affiliate companies.

ADC Property Ventures, Inc. - A real estate arm of ADC. Acquired Properties:

1. New Reclamation Area, Mandaue City Lot Area: 20,328 sq.m

2. A. S. Fortuna, Mandaue City Lot Area:.3,815 sq. m.

3. Bgy. Maguikay, Mandaue City Lot Area:.2,800 sq. m.

4. Bgy. Sasa, Buhangin District Davao City Lot Area:.13,917 sq. m.

5. Muelle Loney St., Poblacion, Ilo-ilo City Lot Area:.5,340 sq. m.

FILPRO Ventures, Inc - Engaged in acquiring, developing, leasing out real estate properties.

MEGA Assets Inc. – A real estate lessor.

8. THE HUMAN RESOURCE DEPARTMENT

The company has a Human Resource Department whose foremost goal is to accomplish the designated objectives through the productive utilization of its work force. The HRD staff who heads this department are educationally equipped and qualified and are deeply work oriented. There expertise in the area of human resources shall enable them to take an active and enlightened participation towards accomplishing these goals and realize its personnel programs. In achieving these ends, the staff place focus in the maintenance of a harmonious working environment between management and the personnel engaged. The HR Department performs both managerial and operative functions. Thus, it takes care in the planning, organizing, directing and controlling its human resources. Stated differently, both functions involve the procurement, development, compensation, integration, maintenance and separation of personnel. Embraced therein are the pre-employment testing, recruiting and hiring, skills training, disciplinary procedures and counseling, performance evaluation, promotions and transfers and employee / labor relations.

Aside from the aforementioned activities, HRD also takes responsibility in the keeping of personal records and reports, research, insurance benefits, compliance to government circulars, wage/salary administration, health and medical services, retirement programs, attitude surveys, relocation services, supervisory training, community relations, security/plant protection, public relations, administrative services, payroll processing, travel and transportation, maintenance and janitorial services. Finally, the HR Department coordinates with the designated personnel assigned in the various projects the company undertakes with clients in the different areas of the country.

- 13 -

9. SAFETY AND HEALTH PROGRAM

The company’s Safety and Health Program is in place as approved by the Mines and Geosciences Bureau, Department of Environment and Natural Resources, Region VII. It is a continuing program. The mission of the company’s safety management is to achieve a risk-free operation through the establishment and maintenance of a company-wide system for identifying, measuring and controlling performance problems that produce accident loss. These include but not limited to, unsafe work practices, unacceptable working environments, property malfunctions, managerial oversights, and the like. It is the objective of the company to fully incorporate safety into the operational system so that its employees, equipment and environment are amply protected from accidents and that company officials in all levels of supervision take a direct hand pursuing accident prevention activities in accordance with the following standards:

Personal Injury Prevention

Property Damage Control

Environmental Protection

Occupational Safety and Health Standards.

9.a. SAFETY AND HEALTH PROGRAM AWARD

- 14 -

10. ISO 9001 QUALITY MANAGEMENT SYSTEM, ISO 14001

ENVIRONMENTAL MANAGEMENT SYSTEM AND OHSAS

OCCUPATIONAL HEALTH, SAFETY ASSESSMENT SYSTEM.

Participated actively in the International Standard Organization (ISO) systems accreditation for the foreign –owned cement plants of HOLCIM Lugait (ALSONS Cement Corporation), CEMEX – APO Cement Corporation, LA Farge – FORTUNE Cement Corporation, Iligan Cement Corporation (ICC), Philippine Mining Service Corporation (PMSC) and Philex Mining Corporation where ANSECA has long term quarrying contracts.

11. ACCREDITATION BY DENR

The company is an Accredited Service Contractor pursuant to Section 143 of Department of Environment and Natural Resources Administrative Order No 96-40 series of 1999. This requirement is a must for all services contractor that has something to do with environmental protection. A service contractor, particularly a foreigner, cannot operate as such in the country without this.

12. MAJOR SUPPLIERS

PARTICULARS ITEM SUPPLIED

Komatsu Ltd. 2-3-6 Akasaka Minato-ku, Tokyo, 170 Japan Phone : 81-3-5561-2790; Fax : 81-3-5561-4767

Heavy Equipment

Komatsu Used Equipment Corporation Shuwa Tameike Bldg., No. 4-2, Nagatacho 2-Chome, Chiyoda-ku Tokyo 100, Japan Phone : 81-3-3292-7621; Fax : 81-3-3592-7622

Heavy Equipment

Monark Equipment Corporation A. C. Cortes Avenue, Ext. Mandaue City, Cebu Phone : 3465534; Fax : 3461267

Heavy Equipment

APAC Pte. Ltd. 221 Henderson Road #06-12 Henderson Bldg. Singapore 159557 Phone : (65)-2763667; Fax : (65)-2763670

Heavy Equipment

Maxima Equipment Company, Inc. 202 E. Rodriguez Sr. Blvd. Quezon City Metro Manila Phone : 721-1071; Fax : 721-1075

Parts

Maxima Equipment Company, Inc. 212 Subangdaku, Mandaue City Cebu, Philippines Phone : 344-0658; Fax : 344-0659

Parts

CIVIC Merchandising, Inc. FF Cruz Avenue North Reclamation Area Subangdaku, Mandaue City Cebu, Philippines Phone : (032)344-5572, (032)344-5573; Fax: (032) 346-1545

Heavy Equipment/Parts