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AKM – Aspire Mining Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Aspire Mining Limited is an Australia-based metallurgical coal and rail company. The Company is focused on exploration and development of coking coal deposits in Mongolia. Its geographical segments include Australia, Mongolia and Singapore. The Company holds interest in the Ovoot Coking Coal Project (Ovoot Project) and the Nuurstei Coking Coal Project. The Ovoot Coking Coal Project consists consists of one mining license and two contiguous exploration licenses across approximately 130 square kilometers and is located in north-western Mongolia. The Nuurstei Coking Coal Project is located approximately 10 kilometers from Khuvsgul provincial capital of Moron and is approximately 160 kilometers east of the Ovoot project. The Company also holds approximately 80% interest in Northern Railways LLC.

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