Executive Summary

Key Facts Location: Moxico Leste Province, Angola  Size: 440 km² concession  Ownership Split: Hokima 46% | State 10% | Investor 44%  Stage: License activation & Phase 1 diligence funding  Funding Ask: USD 340,000 1. Executive Summary Hokima Investments seeks a strategic partner for Phase 1 activation and diligence of a 440 km² mining concession. The immediate goal is to validate title, structure governance, and compile technical data.  Funding ask: USD 340,000 (Phase 1 only)  Investor equity: 44% (concession-holding entity, subject to legal confirmation)  State carried interest: 10% (per Angolan mining framework)  Operator: Hokima Investments (46%) 2. Why This Asset Matters  Angola is positioning as a strategic minerals gateway.  The Lobito Corridor offers rail/port access, reducing logistics costs by ~30–40%.  Regional geology aligns with copper-cobalt belts in Zambia and DRC. Phase 1 Use of Funds  License activation & regulatory fees: $180,000  Legal structuring & JV docs: $35,000  Geological data compilation: $30,000  Site mobilization & sampling: $55,000  Independent advisor review: $25,000  Admin & contingency: $15,000 Milestone: License activation + legal structuring + technical diligence package within 2 months. Value Creation Ladder  Phase 1: License activated, data room complete  Phase 2: Sampling confirms targets  Phase 3: Drilling → mineralized zones  Phase 4: Inferred resource estimate  Phase 5: Indicated resource + scoping study  Phase 6: Strategic sale, farm-in, off take, or project finance 6. Investor Rights  Equity: 44% concession-holding entity (clarification required)  Governance: Voting rights, board representation, dilution terms  Off take: First refusal + discounted pricing (subject to legal review)  Exit: IPO, trade sale, or spin-out 7. Risk Factors  Title & license risk → cadastral/legal verification  Exploration failure → staged drilling  Metallurgy/recovery → lab testing  ESG/community → baseline & engagement strategy  FX/repatriation → offshore holding & hedging  Funding → milestone-based deployment 8. Next Steps  NDA execution  Data room access  Management call  Preliminary legal & technical review  Site visit  Term sheet discussion