Investor Presentaiton

HORIZONTE MINERALS Disclaimer This document, and the information contained in this document, is confidential and is being supplied to you solely for your information and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose. In particular, the existence of a heads of terms or any other agreement between Horizonte Minerals plc (the "Company"), Teck Resources Limited ("Teck") and Direct Nickel Pty Ltd must be kept confidential and may not be disclosed, or referred to, by you to any person or body without exception. Neither this document nor any copy of it (or any part of it) may be sent to or taken into the United States, Australia, Republic of South Africa or Japan (or any of their respective territories or possessions, or to any resident thereof or any other corporation, partnership or other such entity created or organised under the law thereof), nor may it be distributed to or for the account or on behalf of any US person (within the meaning of Regulation S under the US Securities Act of 1933, as amended). This document may not be sent or taken into Canada in contravention of the securities laws, regulations or rules of any province or territory of Canada. The distribution of this presentation in other jurisdictions may also be restricted by law and persons into whose possession this presentation comes (or a copy hereof) should inform themselves about, and observe, any such restriction. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdiction. This document does not constitute or form any part of any offer or invitation or other solicitation or recommendation to purchase any securities and contains information designed only to provide a broad overview for discussion purposes. As such, all information and research material provided herein is subject to change and this document does not purport to provide a complete description of the investment opportunity. All expressions of opinion are subject to change without notice and do not constitute advice and should not be relied upon. The Company does not undertake any obligation to update or revise the information in or contents of this document. Recipients of this document who may consider acquiring shares in the Company are reminded that any such acquisition should not be made on the basis of the information contained in this document. This document is being distributed in the UK only to, and is directed only at persons who are (i) investment professionals as defined in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 ("the Promotion Order") or (ii) are persons of a kind described in Article 49(2) of the Promotion Order or (iii) are persons to whom this document may otherwise lawfully be issued or passed on (all such persons together being referred to as "relevant persons"). Any person who is not a Relevant Person should not act or rely on this presentation or any of its contents and any investment or investment activity to which it relates will only be available to Relevant Persons. Any person who is unsure of their position should seek independent advice. The Company nor its employees, advisers or representatives nor any other person makes any guarantee, representation, undertaking or warranty, express or implied as to the accuracy, completeness, correctness or fairness of the information and opinions contained in this document (or as to the reasonableness of any assumptions on which any of the same is based or the use of any of the same), nor does the Company nor its employees, advisers or representatives nor any other person accept any responsibility or liability whatsoever for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith. The information contained in this document and, in particular, the existence of a heads of terms between the Company, Teck and Direct Nickel Pty Ltd is considered to be unpublished price sensitive information for the purposes of the Criminal Justice Act 1993 and any other applicable legislation. By receiving this document you will be an insider and, as a consequence, may not trade in any of the Company's securities or on the basis of any information contained in this document until such time as you are informed otherwise by the Company or its agents. 2

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