Monto Minerals Ltd

Published : November 11th, 2015

ShareRoot Roadshow Presentation

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Keywords :   Facebook | Lead | Market | Monto | Silicon Valley |

ShareRoot Roadshow Presentation

7b4850e6-7ff2-43d6-9f7a-480779b6f77a.pdf


Innovative Content Marketing Platform


TO BE ACQUIRED BY MONTO MINERALS IN CONJUNCTION WITH A$5M EQUITY RAISING


ShareRoot Inc. ('ShareRoot') is seeking to list on the ASX via a reverse takeover of ShareRoot ('Acquisition') by Monto Minerals (ASX: MOO)

ShareRoot is a Silicon Valley based company that has created a SaaS platform that gives brands the ability to efficiently source and transfer legal ownership of 'user generated content' ('UGC') from various social channels, including Instagram, Twitter and Facebook

Contemporaneously with the Acquisition, Monto Minerals (which is to be renamed 'ShareRoot Limited') will undertake an equity issue of up to 100m shares at an issue price of A$0.05 per (post consolidation basis) share to raise up to A$5.0m ('Offer'). The proceeds of the Offer will be used to fund accelerated sales and marketing activities and working capital

Investors in the $5m Offer will receive 1 attaching listed option for every two shares subscribed for (exercise price $0.05, expiry 30 December 2017)

Foster Stockbroking Pty Ltd has been appointed as Lead Manager to the Offer

Following approval by Monto Minerals shareholders to proceed with the Acquisition (expected to be obtained late November) and re-compliance with Ch 1 and 2 of the ASX Listing Rules, ShareRoot is expected to list on the ASX in December 2015 with an indicative market cap of ~A$15m and cash of ~A$5m

Board of directors to include Noah Abelson, Mark Angelone, James Allchurch and one additional director to be confirmed


CAPITAL STRUCTURE




PRO FORMA CAPITAL STRUCTURE


Shares (m)

Post consolidation (m)


Valuation at A$0.05/sh

Existing shares on issue

1,840

40.9

$2.04m

Conversion of ShareRoot Convertible Notes

26

$1.3m

Acquisition of ShareRoot (A$7m)

140

$7.0m

Equity issue shares1

100

$5.0m

Market cap at $0.05/sh

306.9

$15.34m

Options2 on issue at listing

77.6

Performance Rights3 on issue at listing

120


4

USE OF FUNDS


A$m


Sales & Marketing

1.2

Development of the ShareRoot platform

2.7

Expenses associated with the Acquisition

0.7

Working Capital

0.4


Total funds raised1


$5.0m

  1. This assumes that the maximum subscription of A$5 million is raised under the Offer.

  2. Options including:

    • Unlisted broker options ($0.05, 5 years, escrowed for 2 years) - 17,500,000

    • Unlisted other consultant advisor/consulting options - 3,500,000

    • 1 attaching listed option for every 2 shares ($0.05, 30 December 2017) - 50,000,000 as part of the capital raising

    • Listed options (0.11c pre consolidation, 30 December 2017) - 244,832,948 (pre consolidation)

  3. 120m Performance Rights to ShareRoot management based on the following milestones:

    • Tranche 1 - 2 year period, 30m performance shares will vest upon contracted 6 month revenue exceeding A$1m (ie A$2m annualised contracted revenue).

    • Tranche 2 - 3 year period, 30m performance shares will vest upon 30 day VWAP exceeding $0.10 AND 100 signed and paying customers

    • Tranche 3 - 5 year period, 30m performance shares will vest upon 30 day VWAP exceeding $0.20 AND contracted 6 month revenue exceeding A$3m (ie A$6m annualised contracted revenue).

    • Tranche 4 - 5 year period, 30m performance shares will vest upon 30 day VWAP exceeding $0.20 AND contracted 6 month EBITDA exceeding A$1m (i.e. A$2m annualised contracted EBITDA)

  1. Please note that this table is an estimate of the proposed Use of Funds and subject to change.

  2. The consolidation ratio is 45:1 3


    Estimated 1.8 Billion internet users using one or more social media platforms globally

    Revenue from Social Networks ~$15 Billion in 2014

    ShareRoot is a Silicon Valley based company

    positioning itself for the future of Social Media expansion - User Generated Content (UGC)

    ShareRoot's innovative Software-as-a-Service (SaaS) platform allows businesses to easily source high quality User Generated Content and transfer legal ownership of content- allowing them to drive sales and increase brand awareness

    To date ShareRoot has serviced nearly 100 clients

    including:

    • McDonalds

    • Costco

    • Quicken Loans

    • eBay (StubHub)


4

Read the rest of the article at www.noodls.com

Monto Minerals Ltd

CODE : MOO.AX
ISIN : AU000000MOO0
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Nominations of Monto Minerals Ltd
9/1/2008Appointment of Voluntary Administrators
6/16/2008Funding Update & Appointment of Chief Executive Officer
Financials of Monto Minerals Ltd
4/30/2008THIRD QUARTER ACTIVITIES AND CASH FLOW REPORT
Corporate news of Monto Minerals Ltd
12/3/2015Change in Substantial Holding
12/3/2015Results of AGM
11/19/2015Prospectus-ShareRoot Transaction and Capital Raising
11/11/2015ShareRoot Roadshow Presentation
9/29/2015Annual Report to Shareholders
9/29/2015Change of Director's Interest Notice x 3
9/29/2015Despatch of Prospectus
8/19/2015Rights Issue Prospectus
7/29/2015Quarterly Activities and Cashflow Report June 2015
4/21/2015Quarterly Activities and Cashflow Report March 2015
2/20/2015Half Yearly Report and Accounts Dec 2014
9/24/2008Information Memorandum
9/5/2008Monto Minerals : managed wind down
9/4/2008Resignation of Directors
8/12/2008Notice of General Meeting
8/6/2008Investor Information Presentation
7/31/2008APPX5B & Reports - Quarter Ending 30 June 2008
7/4/2008Terms of Contract for new Chief Executive Officer
6/23/2008Issue of Shares
6/12/2008STATEMENT RE: TRADING HALT AND RESIGNATION OF DIRECTOR
4/23/2008RETIREMENT OF MR GEOFF MOORE AS CEO AND MD
4/21/2008QUEENSLAND GOVERNMENT FUNDING TO MONTO MINERALS FOR TRAINING...
3/3/2008UPDATE ON THE GOONDICUM INDUSTRIAL MINERALS MINE
2/5/2008ISSUE EMPLOYEE OPTIONS
1/31/2008PRODUCTION AND SALES INCREASE AT GOONDICUM INDUSTRIAL MINERA...
1/18/2008FIRST ILMENITE SHIPMENT COMPLETES LOADING AT THE PORT OF GLA...
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