www.gbenergy.com.au

AGM Presentation25 November 2016GB Energy Limited (ASX: GBX) is an Australian exploration company targeting

economic resources of the metals required for our high energy future

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information reviewed by Mr Nick Burn who is an employee and a Director of GB Energy Ltd. Mr Burn is a member of the Australian Institute of Geoscientists and has sufficient experience of relevance to the styles of mineralisation, the types of deposits under consideration and the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results. Mr Burn consents to the inclusion of the information in the form and context in which it appears.

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Corporate SnapshotCAPITAL STRUCTURE

Shares on issue 905,955,825 shares

Market capitalisation (@ A$0.003 per share) A$2.7m

Cash on hand (30 September 2016) A$0.367m

KEY PERSONNEL

Chairman Stuart Rechner BSc LLB GAIG GAICD

Executive Director Nick Burn BSc (Hons) MBA MAIG

Non-Exec Director David Detata BSc MSc PhD (Chemistry) GAICD

Company Secretary / CFO Anna MacKintosh BCom CPA

Lead Consultant James Allchurch BSc

TOP 20 SHAREHOLDERS (30 June 2016)

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Projects OverviewEnergy Metals Focus

• Copper, Cobalt, Lithium, Nickel, Zinc, Lead, Platinum Group Elements

Target Deposit Styles

• IOCGU

• Ni-Cu-Co-PGE

• LCT Pegmatites

• Brines / Evaporites

• Zn-Cu-Pb

• Sedimentary U

Advanced in-house project generation and rapid assessment capability

Exploration Manager appointed October 2016 -increased operational tempo

Energy Science investigations

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Mt Denison Copper-Gold-UraniumKey IOCG Attributes:

• Location: an inlier of Paleoproterozoic rocks adjacent to the NE margin of the Gawler Craton;

• Structure: parallels and is constrained by regional NW striking structures;

• Mineralisation: historic copper workings prevalent in the area interpreted to be remobilised from basement lithologies - Copper mining occurred in the Peake Denison Inliers during the late 1890s and early 1900s from numerous mines and shafts;

• Magmatism: Palaeoproterozoicand Mesoproterozoic igneous intrusives and extrusives known in the area; and

• Alteration: density highs potential indicator of hematite alteration.

Drill ready

$200,000 government drilling grant

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Indiana Ni-Cu-Co-PGE + Li

• Potential to host tholeiitic intrusion-hosted Ni-Cu-Co-PGE sulphide deposits

• Outcropping pegmatites and historic mica workings

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Securing Quality Exploration Assets

• Acquiring quality, under-explored prospects of known energy metal mineralisation as land or projects become available

• Transaction ready

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