1

BANKERSCOBALT C

O R

P .

TSX-V: BANC

FSE: BC2

OTCQB: NDENF

Socially Responsible

COBALT & COPPER

in Democratic Republic of Congo

and Namibia

Corporate Presentation | January 2019

2

The material in this presentation has been prepared by Bankers Cobalt Corp. (BANC) and is general background information about BANC’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having

regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. All securities and financial product or instrument transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk.

This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to BANC’s businesses and operations, market conditions, results of operation and financial condition, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to place undue reliance on these forward looking statements.

BANC does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside BANC’s control. Past performance is not a reliable indication of future performance.

Disclaimer

Disclaimer & Cautionary

Note

Cautionary Note

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or the

Securities laws of any state and will not be offered or sold within the United States except to accredited investors (as defined in rule 501(a)

of Regulation D under the 1933 Act) in reliance upon the applicable exemptions fromthe registration requirements of the 1933 Act.

3

About Bankers Cobalt -DRC

BANKERS COBALT CORP. (TSX.V:BANC) (“BANC” or the “Company”) is a cobalt and copper (Co-Cu)

exploration and development company focused on advancing its high quality portfolio of permitted

concessions in the Democratic Republic of Congo (DRC) and Namibia. BANC aims to generate a reliable,

certified, and socially responsible supply of Co-Cu for existing and new processors in the DRC and Namibia.

Proven team experienced across the entire

spectrum of Co-Cu exploration & development

and in-country experience backed by

geopolitical know-how

Building a portfolio of assets that will

provide clean, certified and non-conflict Co-

Cu supply in a symbiotic relationship with

DRC based processors with existing excess

capacity and a lack of available certified

resources to meet burgeoning market

demands

Exploring and developing a leading portfolio of high-grade Co-Cu projects to exacting Canadian mining standards and transparency in the Central African Copperbelt

191 km2 portfolio Co-Cu concessions in the DRC and 1,078 km2 in Namibia one of the early movers actively exploring and developing Co-Cu in the DRC and Namibia

4

About Bankers Namibia - Diversification

BANC is opportunistic and has acquired options on a 135 km2 and a 942 km2 exploration permit in

politically stable Namibia to diversify the portfolio and reduce country risk. The property has visible copper

staining on surface and is located on a trend with known copper and cobalt mineralization.

Same management team used in the

DRC will be developing the project; no

duplication of cost or effort and can be

efficiently and effectively managed.

Politically stable country with an

independent judiciary; clear mining laws;

politically stable and eager for mining

development; reduces country risk

Large land package has the size and scale to be a potential major project; has visible copper staining and on a known trend

5

Why Bankers Cobalt?BANC is one of the only juniors conducting CDN-style exploration and developmentin the DRC which produces 65% of the annual world supply of cobalt.

ACQUIRE, EXPLORE & DEVELOP

Valuable Co-Cu AssetsGlobally

SELL

Clean, Conflict-FreeHigh Quality Supply toSmelters

MAINTAIN ON GOINGAND SYNERGETICRELATIONSHIPS

with Existing Smelters

BANC’s Value Proposition

5

PORTFOLIO OF 12Concessions StrategicallyLocated with Clean Title

NO GOVERNMENT INVOLVEMENTConcessions are Either 100%-Owned or Private JV’s withreputable partners

PROVEN TEAM with In-DepthKnowledge and workingexperience in the DRC and Namibia

SOLVE CERTIFIEDCo-Cu and excess capacityIssue For ExistingSmelters

BANKERSCOBALT C

O R

P

6

Business Model

BANC is filling a void in the resources supply chain and reasonably expects to receive a premium for its efforts. This model

has been strongly endorsed by the affected parties in the mining industry in the DRC. We have a strong team in place

already implementing this model and will continue to add new members to strengthen our team. This approach will be

beneficial to BANC and all stakeholders.

ACQUIRE

We acquire high quality projects inthe DRC and Namibia and develop them by applying Canadian standard highly professional exploration techniques

DEVELOP

Develop certified cobalt and

copper resources.

SELL

Sell them to existing processors with

excess capacity avoiding capex risk

6

BANKERSCOBALT C

O R

P

7

Leading Advantage in the DRC

years researching & assembling

a high quality portfolio of

concessions6

BANC is an early mover company with necessary permitting to activelyconduct exploration work

concessions with clean title and

no government involvement:

● 6 are 100%-owned by Bankers

● 6 under private JVs with reputable

partners

12

8

Bankers Strategic Change 2019

Due to the volatility in the metals and equity markets and in Africa, Bankers has changed its strategy to one of being more nimble, lower overhead cost, and creating value in the shortest time frame at the lowest cost adding value to stakeholders promptly and efficiently

The change in strategy has resulted in an 80% reduction in overhead cost

Portfolio adjusted to avoid all high cost concessions that do not have short term value

Increased focus on Namibia to continue to diversify risk

Focus in DRC on more advanced projects with near term cash flow potential

Pursue projects with existing and expandable resources

9

Bankers Cobalt Plan Q1-Q2 2019

REPUBLIC OF NAMIBIA

Additional preliminary preparation work leading to RC drill program on high potential Kamanjab project, Namibia to assess near term cash flow and resource potential

Assess and acquire additional and more advanced exploration permits in Namibia to continue to diversify and reduce country risk of portfolioAssess and qualify JV partners

DEMOCRATIC REPUBLIC OF CONGO

Diversify portfolio to include more advanced properties with near termcash flow potential to reduce dependence on equity financing and finance capital costthrough available off take agreements

Conduct test RC drill program on concession 292 which is drill ready and high potential forpolymetallic mineralization results based on sampling showing copper, cobalt, and silver

Assess and acquire projects of merit with a focus on impact plays using superiorrelationships already established

Become the demonstrated leader in social responsibility for mining companies in the DRC

10

Concession – Kamanjab - Namibia

Concession: Kamanjab EPL 6277 and EPL 4477

Ownership: 70/30 JV between Bankers and private

Namibian counterparts

Size & Location: 1,078 km2 – 90 km from serviced town of

Kamanjab with good access

Geology: Dolomites and quartzites of the Nosib and Epupa

groups have multiple outcrops of supergene copper

mineralisation on the licence over several kms of strike.

Mineralization: Multiple outcrops of malachite copper

mineralisation are present and are known to also host gold,

silver and lead and Zinc.

Work Program: Reconnaissance site visit recently

completed; grab sample results complete (see next slide),

additional work programs planned and RC drilling expected

in early 2019

11

Concession – Kamanjab - Namibia

1 Grab samples are selective in nature and are not necessarily

representative of mineralization hosted on the property

Kamanjab Project Locations & Grab Samples1

• Best results 24.60% Cu and 98 g/t Ag and 16.6% Cu and 239

g/t Ag

• ALS Labs assay results show potential for a large high-grade

supergene copper zone in the Dolomite sequence

• Malachite-Chrysocolla mineralization varies with mineralization

in Zone A approximately 40 m in width

• Dolomite sequence hosting the copper-silver mineralization

extends continuously to Zone B for about 7km of strike (implying

copper-silver prospectivity)

12

Concession – Kamanjab - Namibia

Kamanjab

Project

Locations &

Grab Samples

by Minrom

Consulting

Malachite

Mineralisation

13

Concession – Kamanjab - Namibia

Kamanjab

Project

Locations &

Grab Samples

by Minrom

Consulting

Galena

Dioptase and

Malachite

Malachite

Mineralisation

14

Concession - Comipad Comima CMTC

Concession: Comipad/ Comima/CMTC (ZEA 292)

Ownership: 70/30 JV between BANC and three

cooperatives

Size & Location: 6 km2 -35 km southwest of Likasi with

access by paved road & tracks

Geology: Located on a major E-W striking fault, Mines

Subgroup Strata, pinch-and-swell structures over 2.7 kms

across the two concessions

Mineralization: Located 10km east of Mwomba prospect,

with cobalt, nickel, gold, platinum and palladium content

ZEA 292 Work Program: Reconnaissance geophysics,

mapping, geochemical soil sampling and subsequent

trenching completed and drill ready

15

BANC Management Team● 35+ years experience in public corporate markets,

corporate finance & regulatory compliance/reporting

● Formerly Executive Chairman of TSX-listed copper exploration and development company

● Formerly on the boards and a senior officer of multiple public companies

STEPHEN

BARLEY

Chairman &

CEO, Director

● 30+ years experience in exploration geology in Asia, Australasia, Africa and the DRC

● Qualified person for reporting exploration results in Australia and Canada

● Former VP of M&A & Chief Geologist for Pengxin International Mining Limited

SHU

ZHAN

Director

● 20+ years experience in corporate finance, M&A, international taxation, risk management, banking, corporate restructuring & accounting. CPA, CA, CFA Charter holder.

● Managing Principal and CFO of Kepis & Pobe Financial Group

MURRAYFLANIGAN

CFO

● 20+ years experience in the mining industry ● Former Chief Strategy Officer and Chairman of Nikanor

PLC where he managed relations with DRC government● Former DRC Minister of Mines & Petroleum & responsible

for overseeing the drafting and publishing of DRC Mining Code

SIMONTUMA-WAKU

Director

● 26+ years experience in capital markets

● Specializes in identifying and developing resources

● Five years of experience in the DRC managing and

fostering local community relationships

● DRC Resident Status; Fluent in English and French

● Head metals trader for Africa for Transamine Trading since 2010

● Extensive relationships with copper and cobalt processors in DRC

● Assessment for investments and acquisitions skill set

ROYSTONDENYSSCHENDirector

● Founder Northwood Development a successful real estate development company for over 30 years

● Advisor to multiple private and public companies● Director of public merchant bank Fountain Asset

Corporation

CESAREFAZARI

Director

● One of most respected engineer's and senior

mining executives in DRC leading projects from

start-up to operations in multiple metals

● Formerly Senior Technical Adviser to DRC State

owned mining company and with excellent sector

relationships and 17 years experience in DRC

GRANT DEMPSEYPresident & COO

KEVINTORUDAGPresident & CEOBankers DRC

16

DRC Senior Operating Team

● 26+ years experience in capital markets

● Specializes in identifying and developing resources

● Five years of experience in the DRC managing and

fostering local community relationships

● DRC Resident Status; Fluent in English and French

KEVINTORUDAGPresident & CEOBankers DRC

● Experienced and active businessman in the DRC and

Canada

● 2005–2006: raised US$74M in Kasai West Province

(DRC)

● largest private investment up to 2016

● Held several senior financial management positions

in the Canadian banking system and has extensive

relationships in the DRC and Africa

YVESKABONGOChairman

FRANKSCHMIDT

● One of most respected engineer's and mining

executives in DRC

● Active in extraction of Cobalt, Copper, Gold,

Diamonds, Antimony, Tin, and other metals with

17 years experience in DRC

GRANT DEMPSEYPresident & COOBankers CDN

Grant DempseyPresident & COOBankers CDN

● 20+ years experience in financial controls and

DRC financial reporting regulatory system

● Held numerous senior financial management

positions for major mining companies operating in

the DRC

● Fluent in English, French, Swahili and Lingala

JEAN-PIERREMUPATAIECFO

17

Technical Advisory Board

SHU ZHAN

Geologist with over 35 years experience and QualifiedPerson for NI 43-101 and JORC

7 years in DRC as chiefgeologist for M&A for large China based trading company

Key relationships with Chineseowned companies operating in the DRC

Fluent in Mandarin Director of Bankers

GREG HALL

● Geological Consultant with Golden Phoenix International PTY Ltd

● Chief Geologist with Placer Dome 2000-2006

● Exploration Manager CSR Limited in Western Australia until 1988

● Exploration Manager PlacerDome Western Australia 1988-2000

● Discovered Rio Tinto Yandi iron ore mine

● Discovered Gold Field’s Granny Smith gold mine

● Extensive experience in DRC

JOE SANDBERG

● Professional Geologist and MBA

● 45+ years experience in exploration most recently on copper porphyry systems

● President and CEO of a TSX-listed copper exploration company

● Qualified Person for Canada and the USA

18

Capital Structure

.1

8

Capitalization Table

Item Shares

Total Issued & Outstanding Shares 107,163,648

Share Purchase Warrants 46,466,120

Incentive Stock Options 7,520,000

Post Amalgamation Shares (Fully Diluted) 161,149,768

19

BANKERSCOBALT C

O R

P .

TSX-V: BANC

FSE: BC2

OTCQB: NDENF

CONTACT US: +1.604.428.7050

CORPORATE CONTACT

info@bankerscobalt.com

www.bankerscobalt.com