POSITIONED FOR GROWTH THROUGH DISCOVERY AND DEVELOPMENT

July 2018

2

DJIBOUTI

TANZANIA

TURKEY

SENEGAL

EGYPT

BURKINA FASO

Company Snapshot

• Africa:

o Air core drilling recently completed on the IAMGOLD earn-in at the Dalafinproject in Senegal (US$4M initial spend to reach 51%) 1

o 30.4% of Thani Stratex Resources for their grassroots projects in Djibouti and Egypt

o 11.6% interest in Tembo Gold Corp for their grassroots project in Tanzania

o 7.84% interest in Aforo Resources Limited for their projects in Burkina Faso

o Expanding footprint in West Africa - earning-in to early-stage gold exploration projects in Cameroon

• Turkey:

o Exploration agreements on Karaağac, Hasançelebi and Doğala projects in Turkey – success based payments and future NSR royalties

o 14.87%2 interest in Muratdere copper-gold development project

o 1.5% success-based NSR royalty on a number of other licences in Turkey

1Stratex announcement dated 31 May 2018.2The Company anticipates being diluted to below 10% in 2018, which will trigger dilution to a royalty position of 1.2% (post-Turkish tax).

• Gold-focussed exploration and development company operating in Africa and Turkey

• Discovered more than 2.2 million ounces of gold and 7.09 million ounces of silver since listing in 2006

• Strong management team with proven track record;

o CEO Tim Livesey appointed 1 March 2018

o CFO Bob Smeeton appointed 4 June 2018

• £1.15m raised in June 2018 to fund new projects in Cameroon

CAMEROON

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Excellent early drilling results incl.:

• RC1: 7 m @ 86.39 g/t Au19 m @ 2.19 g/t Au 10 m @ 2.34 g/t Au

• DD2: 96 m @ 1.51 g/t Au3 m @ 10.47 g/t Au59.60 m @ 2.20 g/t Au

• Infill soil sampling has extended the gold anomaly (>30 ppb) at Faré South

• Second NW-trending anomaly (10-60 ppb) identified over 1,250 m strike

Major Partner IAMGOLD Funding Exploration Project in Senegal

• 472.5 sq km Dalafin licence in prospective Kédougou-Keniebagold belt, eastern Senegal

• Stratex holds 85% equity in Senegal-based JV company -partnership with local company EMC

• RC and/or diamond drilling completed on four key gold targets - Faré and Madina Bafé identified as primary prospects

• IAMGOLD earning-in to initial 51% by spending US$4M on exploration over 4 years (from March 2018). Option to obtain an additional 19% by spending a further US$4M within subsequent 2 years

Initial trenching programme identified 30-45 m-wide mineralised zone over 1,200 m strike.

Supported by early drilling:

• RC3: 15 m @ 6.10 g/t Au 2 m @ 4.90 g/t Au3 m @ 3.69 g/t Au

• DD3: 9.6 m @ 16.08 g/t Au3.8 m @ 1.43 g/t Au1.5 m @ 2.84 g/t Au

Senegal

Dalafin

Madina Bafé

1Stratex announcement dated 18 December 20132Stratex announcement dated 19 February 20143Stratex announcement dated 16 July 2014

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Dalafin Exploration Project, Senegal (85% owned)

• Earn-in option agreement with IAMGOLD - well-respected in the region and has been successful in finding and developing deposits

• Initial programme to focus on Madina Bafé prospect, located 12km to WSW of IAMGOLD’s Boto project - 2.52Moz Au @ 1.61 g/t Au1 Indicated and Inferred Resource (including Probable Reserve of 1.4Moz @ 1.64 g/t Au1)

• IAMGOLD’s planned work programme includes:

o Reviewing distribution of, and controls on, known mineralisation

o Proving continuity of high grade mineralisation at depth and along strike

o Developing resources for a stand-alone deposit or possible satellite deposit for existing 2.52Moz Boto project

o Defining other target areas by assessing covered areas

• Drilling programme underway at Madina Bafé, comprising 2:

o 3,000m AC drilling for 570 holes to assess geochemical signature of the bedrock and define mineralised corridors

o 2,000m RC drill holes to test previously-defined mineralised trends and best AC anomalies

o 750m diamond core drilling to test previous drilling results

1IAMGOLD website http://www.iamgold.com/2Stratex announcement dated 31 May 2018.

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Expanding West Africa Footprint - Cameroon

• Earning-in to 90% of two highly prospective gold exploration licences in North Cameroon - Bibemi and Wapouzé

• Company’s interests in the projects are held 100% by local company BEIG3 through its wholly-owned subsidiary, RMC Cameroon SARL – formerly held in JV with Reservoir Minerals Corporation

• BEIG3 is a well-established Cameroonian company with strong in-country logistics support

• BEIG3 is in partnership with BRGM-France (French Geological Survey) and GTK-Finland (Finnish Geological Survey) in carrying out Geological Mapping, Geochemical Prospection and establishment of a Geological and Mining Information System in Cameroon, in the framework of the ‘Project to Strengthen Capacity in the Mining Sector’ (PRECASEM).

PRECASEM, the Institution placed under the care of the Ministry of Mines, Industry and Technological Development in Cameroon, will release data later this year.

Bibemi (1,400km from Yaoundé)• Licence area: 202 km2

• Renewal: April, 2019

Wapouzé (20km north of Bibemi)• Licence area: 181 km²• Validity: renewal pending until 2020

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Cameroon - Earn-in Option Agreement

Stratex has negotiated a staged earn-in option agreement with BEIG3 –based on similar terms to its previous agreement with Reservoir Minerals:

• Stratex has exclusivity on both licences

• 1st Option:

o Stratex to earn initial 51% of the Bibemi and Wapouzéprojects by funding US$1.56 M on exploration over 2 years

• 2nd Option:

o Stratex to earn up to an additional 39% (total 90%) of the Projects for a further US$1.56 M (or delivery of a pre-feasibility study on either one of the projects) over subsequent 2 years

• BEIG3 to retain 10% free carried interest in Projects up to completion of 2nd Option or delivery of a pre-feasibility study on one of the projects

• Stratex will manage the project and BEIG3 will provide operational and logistics support as required / requested

1st Option is fully-funded following Stratex’s £1.15M placing in June 2018.

Geological map of Bibemi licence 1

Bibemi Licence

1 RMC Cameroon Presentation December 2014 – provided as part of BEIG3 data set. Modified to show new licence boundary.2 Stratex announcement dated 13 June 2018

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Cameroon - Bibemi and Wapouzé Regional Setting1

• Neoproterozoic Pan-African greenstone rocks (similar to gold-bearing units in East and North Africa) are associated with major crustal faults

• “Zalbi Group” volcano-sedimentary rocks (~750-670 Ma) host gold mineralisation in both Cameroon and Chad. Commonly form elongate, fault-bound basins, enclosed between (generally barren) granodioritic to granitic intrusions

• Mineralisation associated with four main lithologies: diorite, quartz schists, amphibolite schists, and quartz veins/veinlets

• Directly across the border from Bibemi in Chad, drilling of Minmet’sformer Poyémé project in 1997-98 intersected 2.5m @ 9.78g/t Au and 9.7m @ 5.8g/t Au within the Zalbi Group. 2

Geological map showing gold bearing “Zalbi Group” (in blue) in Cameroon an Chad. Current Bibemi licence area outlined in black1.

Licences cover Pan-African greenstone belts which are prospective for hosting multi-million ounce gold deposits.

1 Evolution of the Mayo Kebbi region, J.Penaye et al., 2006 and Neoproterozoic crustal evolution in Southern Chad, Pouclet et al, 2006 2 Internal report from Chad Ministry of Mines

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Cameroon - Bibemi Project1

Results of 2011-2014 exploration programs in the central area of the licence (Bakassi) – current Bibemi licence area shown on inset map in red 1.

MapArea

Bib

emi

Lice

nce

• Exploration to date has focused on the central ‘Bakassi’ area

• Gold predominantly hosted in quartz veins which can be discontinuous and irregular

• Three mineralised trends identified over a cumulative distance of c.20km

Exploration History – 2011 to 2015:

• 2011 - 2012 – stream sampling and systematic soil sampling (100 x 100m and 100 x 200m grids) over Bakassi area (1,684 samples)

• 2013 - 2014 – 114 trenches (2 phases; 7,744 samples) and geological mapping in Bakassi area

• 2015 – limited surface sampling programme to south-west of Bakassi, targeting artisanal mining areas: incl. 38 trenches and 25 pits

New discovery of gold mineralisation by Reservoir Minerals team in 2012

Detailed on-site review by Stratex team during May 2018 (Dr. Bob Foster & Issouf Ouedraogo)

1 RMC Cameroon Presentation December 2014 – provided as part of BEIG3 data set2 https://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00032332

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Cameroon – Bibemi Project 1

Potential

• Approximately 300 quartz vein systems identified within the licence

• Gold mineralisation at Bibemi appears to be related to a phase of intense deformation (probably crustal thrust faulting)

• Three parallel zones of gold-in-soil anomalism identified in the c. 20km2 Bakassi area, extending over a distance of c. 20km

• Anomalies supported by 2 phases of trenching –7,744 samples analysed for gold (fire-assay), multi-element ICP on 3,757 samples during Phase 1.

• Best results reported by Reservoir Minerals include:

o T01: 14m @ 1.00 g/t Auo T07: 22m @ 1.13 g/t Auo T13: 30m @ 2.17 g/t Auo T37: 6.2m @ 8.05 g/t Au

• Artisanal mining along strike in the southwest of the licence (mapped as granodiorite) offers further potential and remains to be investigated in detail.

Key results from 2 phases of trenching at Bibemi – current Bibemi licence area shown in black on inset map2.

1 RMC Cameroon Presentation December 2014 – provided as part of BEIG3 data set 2 https://www.slideshare.net/reservoirminerals/corporate-presentation-april-2016-61096453, p.613 https://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00032332

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Cameroon – Bibemi Project

Left: gold-in soil anomaly showing locations of Phase 1 (2013) trenches. Red square shows area of artisanal alluvial mining activity.

Right: Close-up of Phase 1 trenching within Bakassi area, showing key mineralised intervals.

1 RMC Cameroon Presentation December 2014 – provided as part of BEIG3 data set

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Cameroon – Wapouzé Project 1, 2

Geology

• Main gold anomaly in east is hosted by metamorphosed sedimentary to volcano-sedimentary formations, on margin of granitic intrusion (not under licence)

Exploration History – 2011 to 2015

• 2012 - reconnaissance stream sampling by Reservoir Minerals returned anomalous gold in 4 out of 30 collected samples

• 2015 – licence-wide stream sediment sampling (1.5 samples / km² for 573 samples; 269 analysed) and geological mapping

Results

• Stream sediment results include:

• 3 samples > 50 ppb Au• 6 samples > 25ppb Au• 14 samples > 10 ppb Au

Main anomalous structure follows same orientation as at Bibemi. Additional zones showing signs of mineralisation have been identified for follow-up.

20 km north of Bibemi - geological context virtually identical

(granite intrusion)

1 Based on review of internal data set provided by BEIG32 Information not previously announced but Stratex’s CP has reviewed the historical data and considers that the results presented here fairly represent the data.

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Proposed Work Plan and Budget for 1st Option1

Bibemi

• Mapping and rock-chip sampling – currently underway

• Infill trenching in Bakassi area to better define key gold anomalies

• RC / diamond drilling following full project evaluation to target key geochemical/geophysical anomalies and structural intersections

• Follow on resource drilling

1 Subject to detailed project review and ongoing exploration results

Wapouzé

• Detailed mapping and reconnaissance soil and rock sampling

• Detailed soil sampling and reconnaissance trenching to better define areas of more concentrated gold anomalies

• RC / diamond drilling of key geochemical anomalies

Estimated Budget for both Projects:

• Trenching and soil/rock sampling: US$300,000 (incl. 3,000 m trenching)

• Drilling: U$750,000

• Field work & sample analysis: U$450,000

2 Inset image is based on Stratex’s reprocessing of the original data provided by BEIG3

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Investing in Early-Stage Exploration – Djibouti and Egypt

• 30.4% holding in Thani Stratex Resources, a private gold-focussed exploration and development company operating in East and North Africa

• Stratex is represented on the Board

Egypt (intrusion-related)

• Anbat-Shakoosho Maiden Inferred Mineral Resource Estimate of 209,000 oz @ 1.11 g/t Au1

(December 2017) within porphyry sills at Anbato Further Exploration Target of 100- 800Kt @ 0.7-1.5 g/t Au2 within granodiorite

• Hutiteo Non-JORC Inferred resource of 11.5mt grading 1.41 g/t Au for 520k in-situ ounces

gold using 0.4 g/t Au cut-off (May 2013)3

Djibouti (epithermal)

• Assaleytao Channel sampling with values of 19m @ 4.18 g/t Au and 6m @ 10.35 g/t Auo 17 grab samples > 10 g/t Au with maiden drilling for 7 holes completed across 3 key

zones – further drilling required to define system

• Oklilao Maiden 2,159m drilling programme (15 holes) completed at the Pandora project in

2016. Phase 2 drilling for further 3,036m completed in H1-2018.o Best reported results include (at 0.2 g/t Au cut-off):

Phase 1: 3.95m @ 4.49 g/t Au from 87.20m8.68m @ 1.36 g/t Au from 49.27m6.87m @ 4.45 g/t Au from 51.10m

Phase 2: 20.17 m @ 1.16 g/t Au from 4.23 m 8.30m @ 7.21 g/t Au from 144.55m35.07m @ 1.28 g/t Au from 109.55m incl. 9.80m @ 3.06 g/t Au

1 Reported for blocks >0.5 g/t Au within a conceptual pit optimisation scenario using a gold price of US$1,500/oz. 2 Potential quantity and grade is conceptual in nature and is not a Mineral Resource. 3 Internal Thani Stratex Resources document. 4 A Competent Person has not done sufficient work to classify the historical estimates as current mineral resources, and therefore Stratex is not treating this as a current mineral resource. It is uncertain that following further exploration work that the historical estimates will be able to be reported as mineral resources in accordance with the JORC code.

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Investing in Early-Stage Exploration - Tanzania

•11.6% holding in TSX-listed Tembo Gold Corporation for their Temboproject

•Along strike from Acacia Mining’s 20 Moz Au Bulyanhulu Mine

•RC/DD drilling to date (145 holes for c.30,000m) has focused on 3 key targets. Best results1 include:

Ngula 1

o 25.89m @ 3.13 g/t Au from 41m, incl. 6.30m @ 9.38 g/t Au (TDD0004);o 11.05m @ 8.17 g/t Au from 116.95m, incl. 8.02m @ 9.78 g/t Au, and 2.04m @

3.74 g/t Au from 132.00m, incl. 1m @ 7.00 g/t Au (TDD0054);o 4m @ 17.23 g/t Au from 19m, incl. 3m @ 22.53 g/t Au and 1m @ 48.8 g/t Au,

and 1m @ 13.00 g/t Au from 104m (TRC0013).

Nyakagwe East

o 3.50m @ 10.25 g/t Au from 38.50m (DD001);o 3.40m @ 9.73 g/t Au from 81.94m (DD005);o 2.60m @ 4.42 g/t Au from 130.60m, incl. 1m @ 10.57 g/t Au (TDD0056);o 7.21m @ 1.55 g/t Au from 93.24m, incl. 0.94m @ 3.15 g/t Au and 0.51m @

3.19 g/t Au (TDD070A);o 7.46m @ 6.55 g/t Au from 370.46m (TDD0074).

Nyakagwe Village

o 3.95m @ 9.64 g/t Au from 85.25m, incl. 1.45m @ 24.72 g/t Au (TDD0071);o 3.55m @ 16.58 g/t Au from 43.88m and 3m @ 27.88 g/t Au from 65.90m

(TDD0107);o 5.98m @ 3.35 g/t Au from 64.12m and 2m @ 2.94 g/t Au from 72m (TDD0112)

1Based on results published by Tembo Gold in their announcement dated 29 January 2018

In January 2018 Tembo outlined its intention to move to resource definition at Ngula 1, where mineralisation is hosted within a 150-200 m wide shear zone with known gold mineralisation extending over c.600m strike

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Investing in Early-Stage Exploration – Burkina Faso

• 7.84% holding in private Australian company Aforo Resources Limited for their newly-acquired projects in Burkina Faso

• Aforo signed option agreements in 2017 for two prospective gold projects1:

Niare

• Former Nordgold project with historical JORC resource of 98,000 oz @ 1.36 g/t Au (0.5 g/t Au cut-off)2,3;

• Successful field visit by Aforo in August 2017 – currently sourcing historical data to confirm existing resource.

Sao

• Early-stage, largely unexplored;

• Located within highly prospective Houndé Greenstone Belt, host to a number of multi-million ounce gold deposits and producing mines.

1Aforo Resources website https://afororesources.com.au2http://www.nordgold.com/upload/iblock/ce4/2014_Nordgold_Mineral_Resources&Ore_Reserves_Overview.pdf, p.81, Table 9.1. Project formerly called Lagongo. 3Prepared in accordance with JORC 2012, however Aforo are treating as non-JORC until they can verify the data. As such, Stratex is not treating this as a mineral resource.

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TurkeyKaraağac

Muratdere

Ankara

Istanbul

Hasançelebi

Carried Exploration in Turkey

• Experienced Ankara-based exploration team

• Muratdere Project (14.87%1)

o Copper-gold porphyry project with JORC-compliant Inferred Resource of 51 million tonnes (186,000 tonnes Cu, 204,296 oz Au, 3.9 million oz Ag, 6,390 tonnes Mo and 17,594 kg Re)2

o Owned and managed by Lodos (mining investment), a subsidiary of Pragma (investment bank)

1Company anticipates being diluted to below 10% during H1-2018, which will trigger dilution to a royalty position of 1.2% (post-Turkish tax)

2Stratex announcement dated 15 June 2011

• Karaağac Project

o Thrust-hosted gold mineralisation with 157 koz non-JORC gold resource3

o Acquired by Anadolu Export in 2015 for success based payment (US$0.5M due to Stratex on delivery of a minimum JORC compliant Indicated resource of 50 koz Au) and 1.5% NSR royalty4

o Exploration and drilling managed by Stratex

• Hasançelebi Project

o 15 DD holes to date has identified high-sulphidation and IOCG-type mineralisation

o Acquired by TET Madencilik in February 2018 for success based payment and NSR royalty (1.5% precious metals, 5% for other metals and industrial minerals) 5

o Exploration and drilling managed by Stratex

• 1.5% success-based NSR royalty on a number of other licences

3Stratex announcement dated 24 May 20074Stratex announcement dated 2 February 20155Stratex announcement dated 15 February 2018

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2018 Milestones1

• Earn-in/acquire new exploration projects where mineralisation has been identified but where we can add value quickly – particular focus on West Africa

> AFRICA

>TURKEY/EUROPE

• Fast-track exploration at Dalafin, funded by IAMGOLD earn-in, with initial focus on Madina Bafé

1Subject to project/licence acquisition(s) and funding2Post-Turkish tax

• Ongoing exploration results from investments in East and North Africa – continue to monitor and support further exploration as appropriate

• Move to mine development at Muratdere (Stratex to received 1.2%2 NSR royalty on future production)

• Delivery of minimum 50,000 oz Au JORC-2012 compliant Indicated resource at Karaaǧaç to trigger success-based fee of US$0.5 M

• Continue with realisation of value from non-core assets through conversion to royalty arrangements –offsetting licence costs, and in some cases staffing costs

• Continue to assess low-cost grassroots opportunities and entry points into new areas

• Progress with earn-in on Cameroon licences, moving towards drill targeting at Bibemi

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APPENDIX

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Tim LiveseyCEO ▪ Geologist with 28 years’ experience in gold and base metals, with a focus on Africa, Europe and Asia

▪ Broad range of experience in management, exploration, advanced project development, stakeholder engagement, and government relations

▪ Strong track record of delivery, both at the technical and commercial level within senior roles including exploration manager (Eurasia) for Barrick Gold Corp., project director (and later CEO) of Tethyan Copper Company Pty Ltd, Pakistan, COO of TSX.V-listed Reservoir Minerals Inc. and Managing Director of Rakita Exploration d.o.o., Serbia

Peter AddisonNon-Executive Chairman

▪ Qualified as a solicitor in 1966 and practised in the City of London, specialising in company and commercial law▪ Previously director of English Trust, a corporate advisory bank, for over 20 years, where he was involved in providing

corporate finance advice to a wide range of public companies in the UK and Ireland on all aspects of their business▪ Previously Chairman of Qualceram Shires plc, a listed Irish company, and of AIM-quoted SiRVis IT plc

Bob SmeetonCFO ▪ Trained as a chartered accountant with Price Waterhouse, qualifying in 1992, and has a BSc in Geography from

Durham University▪ Extensive experience of working for AIM-quoted companies, where he has been heavily involved in turnaround

situations, fund raisings and acquisitions▪ Previously Group Finance Director of AIM-quoted Universe Group plc and its main trading subsidiary, HTEC Limited

Chris WorcesterIndependent Non-Executive Director

▪ BSc in Chemistry and an MBA in Finance▪ Began his career in 1993 with Barclays de Zoete Wedd, working in the metals and mining project finance team▪ Held senior positions with the Royal Bank of Scotland as Director and Head of Financial Modelling and Analysis, and

at WestLB Capital Markets, where he was responsible for building and managing the global metals and mining team

Experienced Management Team

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Preston Road Limited7.65% Peter Gyllenhammer AB

5.71%

Blackrock Investment Management5.45%

Teck Resources Limited5.09%

Hawk Investment Holdings Limited4.27%

Orion Trust Limited3.77%Other

68.06%

Advisers

Nomad

Co-brokers

IR/PR

Board of Directors

Tim Livesey Chief Executive Officer

Bob Smeeton Chief Financial Officer

Peter Addison Non-Executive Chairman

Chris Worcester Independent Non-Executive Director

1All Stock Information figures quoted as at 13 July 2018

Corporate Profile

Stock information1: LON:STI

Share o/s 701.8M

Fully diluted 741.5M

Share price 0.44p

Market cap £3.05M

Cash £2.12M

Total debt £0

Top shareholders2

2Shareholder structure is based on register as at 28 June 2018

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Disclaimer

Summary InformationThese presentation slides (the “Slides”) contain summary information relating to Stratex International plc (the “Company”). The information is general background information and does notpurport to summarise all information that an investor should consider when making an investment decision. Figures may not sum due to rounding. The Slides do not comprise an admissiondocument, listing particulars or a prospectus relating to the Company or any subsidiary of the Company, do not constitute an offer or invitation to purchase or subscribe for any securities ofthe Company and should not be relied on in connection with a decision to purchase or subscribe for any such securities. The Slides and the accompanying verbal presentation do not constitutea recommendation regarding any decision to sell or purchase securities in the Company.

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