Positive Year End Results & Insights from Chairman

Universal Mining Group recently completed its year end accounts for 2019. Last year saw growth in revenue in excess of 50%, mainly due to a number of mandates that were successfully managed and delivered to the satisfaction of our clients. Numerous mandates have been signed for Gold, Zinc, Nickel and Copper Projects on a global basis.

Some of these projects are in the exploration phase and some are in near term production phase. UMG continues to attract high quality, high grade and low impurity projects, a vital key to developing any project. Success factors are due to many variables, however projects with strong management that has demonstrated success in developing similar projects prevail, along with JORC and 43-101 Indicated Resources. Economic access to infrastructure and natural resources are also key to a successful outcome.

Universal Mining Group now has a large international network of Investors offering many financial instruments – Convertible Note / Debt / Private Equity and active participation in finding cash boxes and shell companies for private companies. We strive to deliver a bespoke service.

UMG also looks for exceptional high purity projects. We set up an SPV for this activity called Nautilus Metals Ltd to actively seek high grade projects within excess of 80% IRR. Projects are secured via hybrid earn-in agreement.

In 2019 we increased our Associate Team in Australia. We now have highly experienced natural resources Associates in Perth and Melbourne. In London we expanded our advisory board capabilities to cover Geology, Metallurgy, Mineral Economics, Project Delivery and Marketing.

We recently invested heavily in our data platform to manage deal flow both from the buy and sell side. We take most projects to a successful outcome within 3 – 6 months. Not all projects get funded, however. This is usually down to the various positions when negotiating final term sheets irrespective of which side dictates the outcome.

I recently have formed the view that funding and developing a project to success to first shipment requires many skill sets so I have taken up recently up some Non-Executive Board Appointments for a Gold/Palladium project, an Iron Ore project and a Silica Project to assist in their development.

I remain committed to the growth and development of UMG and its companies. 2020 will see further development in smart data management and research. We now have a dedicated Research Manager who is driving this project with a clear mandate to increase awareness of our services.

Chairman and Founder Garry Wildman

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