INVESTOR PRESENTATION

January 2019

B”H

Introduction

The Project

Mine to Market Strategy

The History

The Present and the Future

Summary

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INTRODUCTION

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OVERVIEW

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• Shefa Yamim is a multi-commodity explorer of

precious stones operating in Northern Israel

• Significant progress since IPO in December

2017

• Three permits (two prospecting and one

exploration), covering 60,000 hectares and

three exploration targets

• Received first prospecting licence for

diamonds, gold and precious stones in the

Kishon Mid-Reach Zone 1 that covers an area

of 252 Dunams (25.2 hectares)

• Significant exploration upside within the Mid-

Reach, Proximal Reach and longer term,

Distal-Reach

• Focused on ‘Mine to Market’ strategy by

exploring, mining, designing and selling its

jewellery pieces

GEMSTONES FOUND

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We have a mine to market proposition with a unique assemblage of precious stones in a unique locality:

• The Carmel Sapphire™ - only found in Mount Carmel (Primary source) and Kishon Mid-Reach (alluvial/secondary deposit) in Northern Israel

• Carmeltazite, found in the Carmel Sapphire™, recognised as a new mineral by the IMA.

• The stone is a registered brand and has unique qualities, as well as considerable potential as gemstones

• Natural Moissanite™ – largest quantity and size found globally to date

THE PROJECT

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MOUNT CARMEL AND THE KISHON RIVER

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Schematic cartoon showing

mineral distribution in

alluvial deposits within the

Rakefet Kimberlitic

Magmatic Complex (RMC)

area

EXPLORATION & PROSPECTING PERMITS

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Exploration targets divided into three segments:

• Proximal-Reach: Primary sources

• Mid-Reach: Secondary sources (accessible)

• Distal-Reach: Secondary sources

Mid-Reach divided into three zones at different stages

of development:

• Zone 1 – Prospecting Licence + Technical Economic

Evaluation (TEE)

• Zone 2 – Partly explored

• Zone 3 – Still to be delineated, exploration target level

• Company follows the internationally recognised SAMREC

2016 Code

• Coloured gemstones found throughout the exploration and

prospecting areas

• Initial focus on Kishon Mid-Reach deposit where the

exploration of an accessible placer formation is most

advanced

Exploration and prospecting permits covering 60,000 hectares centred on Mount Carmel and the Kishon river catchment.Shefa Yamim granted its first Prospecting Licence, over its alluvial exploration target, the Kishon Mid-Reach Zone 1 Project.

KISHON MID-REACH ZONE 1 EXPLORATION

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• Commenced Technical Economic Evaluation Report, which is in an advanced stage

• Completed 14 bulk sample campaign, recovered 6,384 tonnes sampling with 9,778.15 carats produced to date

• Estimated total content grade of 153.16 cpht

• Granted prospecting licence 869C9 covering 252 Dunams at the Kishon Mid-Reach Zone 1 – taking it one step closer to a mining licence

• Started planning and regulatory procedures to advance the area into trial mining

• Targeting trial mining and production in the next two years (subject to funding and good exploration results)

MINE TO MARKET

STRATEGY

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GEMSTONES – A GROWING MARKET

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*Gemval Aggregate index (GVA) is calculated as a total value of 26

standard specimens of gemstone, (GVA basis set) and represents

the overall pricing trend in the jewellery market. We have monitored

GVA values since 1st July 2005. The current value of GVA is

measured in %, as a ratio of current GVA value to the initial value

on July 2005

Source: UN Trade Data

• A growing market - US$2.4bn to US$6bn in the past five years

• Prices have outperformed diamonds circa. 37% since 2005

• Gemstone market estimated to reach US$10bn in the next 10 years

Source: Gemval

MINE TO MARKET STRATEGY

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• Control over the exploration, development, mining, design,

and manufacture of unique jewellery mounted with Shefa

Yamim’s rare gemstones

• Partnered with world renowned jewellery designer to develop

collection of unique 24k gold jewellery

• Collections will be marketed worldwide with a licensed brand

name of gemstones from the soil of the Holy Land

• Potential for direct sales to the consumer through:

• online sales

• exclusive franchises to large marketing chains

• showroom located in one of the world’s largest trading

centres for diamonds and gemstones, located

approximately one hour’s drive from the project

• Intention is to create a fully integrated operation including

cutting and polishing, which is expected to increase the value

of the gem quality stones

• Management has considerable experience in the

manufacturing and marketing of jewellery & precious stones

YOSSI HARARIWORLD RENOWNED JEWELLERY DESIGNER

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• Yossi Harari has partnered with Shefa Yamim to

create an exclusive jewellery collection using Shefa

Yamim’s gemstones

• Career spanning over 26 years and a multiple winner

of the Couture Design Award, the ‘Oscars’ of the

jewellery industry

• Known for timeless, handcrafted 24-carat gold

jewellery

• His jewellery has been worn by some of the most

famous women in the world – Rhianna, Jane Fonda,

Oprah Winfrey, Jessica Alba etc.

• Harari’s jewellery features in over 40 stores worldwide Source: www.yossiharari.com

Source: www.yossiharari.com

THE HISTORY

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HISTORICAL DEVELOPMENT

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Shefa Yamim

(A.T.M.) Ltd.

established1999

2003

2005

2012

2014

2017

2017

Secured exclusive

exploration and

prospecting rights

covering 60,000

hectares

Started drilling

program

Shefa Yamim Ltd started

trading on TASE

Started drilling

program in Zone 1

Completed CPR

in October

Shefa Yamim

(A.T.M.) Ltd listed on the LSE

in December

KEY ACHIEVEMENTS SINCE IPO

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January 2018 January 2019

Successful equipment upgrade at the operational site in Akko

Completed

Renewal of two

Prospecting

Licences in

Ramot Menashe

and Carmel Site

Completed

Completed

bulk

sampling

campaign

Completed Completed

High grade

Spinel found –

Ilmenite and

Garnet added to

Gem-Box

PPM appointed

to conduct a

Technical

Economic

Evaluation

Started

processing

bulk samples

from Kishon

Mid-Reach

Zone 2

Kishon Mid-Reach Zone 1 – Most Advanced Deposit

Obtained IMA

accreditation

for new

mineral,

carmeltazite

Ongoing CompletedOngoing

THE PRESENT

AND THE FUTURE

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• Complete Technical Economic Evaluation

• Continue exploration of Shefa Yamim’s four permitted areas covering approx. 60,000

hectares:

• Prospecting Permit 837A12 for the Carmel site covering an area of 327,551

Dunams (32,755 hectares);

• Prospecting Permit 899A7 for the Ramot Menashe site covering 112,904 Dunams

(11,290 hectares);

• Exploration permit 869B8 covering 173,636 Dunams (17,363 hectares); and

• Prospecting licence 869C9 covering 252 Dunams (25.2 hectares).

• Expand exploration efforts and bulk sampling in Zone 2 and Zone 3 in the Kishon Mid-

Reach Area as well at the primary source in the Carmel mountain range

• Targeting trial mining and production in the next two years (subject to funding and good

exploration results)

ROUTE TO PRODUCTION IN KISHON MID-

REACH ZONE 1

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STRONG NEWSFLOW

SUMMARY

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• Exposure to the gemstone assemblage via a

low cost route to production

• Demand for coloured gemstones in the last five

years has grown by 145% to US$6bn

• Mine to Market strategy

• Partnership with leading jewellery designer

• Kishon Mid-Reach Zone 1 has rapid

development potential

• Progressing towards trial mining in the Kishon

Mid-Reach Zone 1 (subject to funding and good

exploration results)

• Proven findings of Gem-Box: Carmel

Sapphire™, Diamond (rare), Spinel, Ruby,

Natural Moissanite™, Hibonite, Garnet,

Ilmenite, and the HIM Suite; Zircon and Rutile

APPENDICES

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DiamondNatural

MoissaniteTMDiamondCarmel

SapphireTM

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MOISSANITE A RARE MINERAL

NATURAL SILICON CARBIDE (SiC)

The directors believe that Shefa Yamim is the only company in

the world to find large quantities of Natural Moissanite™

• Deep blue-green colours

• Transparency

• Iridescence

• The brilliance, fire, lustre and hardness of Natural Moissanite™

make it ideal to use in jewellery

• Historically, small quantities found naturally

• Produced artificially and sold as gems

• Prices for rings range from circa.US$79 to over US$31,179 by

Charles & Colvard Ltd.

• Shefa Yamim has found Natural Moissanite™ in Mt. Carmel-

Kishon River area, Israel

• Single crystals to >4mm

• Other localities worldwide - <2mm

Very rare mineral discovered by the French chemist Henri

Moissan in 1893

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CARMEL SAPPHIRE ™

Carmel Sapphire™ is the dominant mineral species recovered

from bulk samples to date (with grades up to 255 cpht)

• Colour typically orange-brown, transparent with pockets of volcanic

melt including metalliferous compounds

• Pockets contain a unique assemblage of minerals usually found in meteorites

• A registered brand “Carmel Sapphire”™

• Polishing reveals unique qualities and considerable potential as gemstones

• Carmeltazite, found in the Carmel Sapphire™, recognised as a new mineral

Carmel Sapphire

Rough

Carmel Sapphire

Cabochon cut

Carmel Sapphire

Full cut

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OPERATIONAL SITE

AND MINERALOGICAL

LABORATORY

All samples (reconnaissance, follow up and

bulk types) are processed through the plants

at the Akko operational site where final

recovery is also undertaken in the on-site

laboratory.

The laboratory follows internationally

recognised procedures and standards for

mineral recovery, sorting and identification.

Uses (ArcGIS) for modelling with additional

analyses undertaken using voxler®, strater®

and surfer®.

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WHY ISRAEL?• World’s largest trade centre for diamonds

and precious stones

• Low marketing costs

• Established corporate governance and

democratic structures

• Mining Laws based on English Law

• Established infrastructure

• Government supportive of natural resources

sector

THE BOARD AND SENIOR MANAGEMENT

Abraham (Avi) Taub, CEO and chairman

Co-founder of Shefa Yamim (A.T.M.) Ltd, Avi has over 45 years’

experience in all aspects of the gemstone sector from cutting, polishing

and marketing. A scholar of Gemology and Mineralogy, Avi is a second

generation of the founders of the Israeli diamond industry. A serial

entrepreneur, he has founded and managed a number of Israeli

companies.

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Vered Toledo, COO

Vered has led Shefa Yamim’s exploration and operations team for over 19

years. She is responsible for field, plant and laboratory activities and

overseeing staff affairs. She has extensive in-field experience with a focus on

gemstones and especially the rare, potential moissanite (SiC) and Carmel

SapphireTM discoveries.

David Ben David, CFO

Certified CPA for 15 years (BA in Economics and Accounting, Bar Ilan

University). Auditing & analyzing financial reports for various public

companies in Israel. Has an in-depth knowledge of the Capital Market and

analyzing financial data. Experienced in internal auditing and risks

assessment and management.

THE BOARD AND SENIOR MANAGEMENT

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Michael Rosenberg, Non-Executive Director

An expert in corporate finance with over 40 years’ experience working on

boards globally. Extensive experience of being Chairman and Non-Executive

Director of UK listed companies. He is also a mentor to The Prince’s Trust.

James AH Campbell, Non-Executive Director

A qualified geologist, James spent over 20 years with De Beers’ Global

Mining and Exploration Group before becoming Managing Director of African

Diamonds plc in 2006. Since then he has served on a number of UK and

Canadian boards including West African Diamonds plc, Stellar Diamonds plc

and Rockwell Diamonds Inc. He is currently Managing Director of Botswana

Diamonds plc.

Nathalie Schwarz, Independent Non-Executive Director

A qualified lawyer, Nathalie started her career at leading global law firm Clifford

Chance focusing on cross-border mergers and acquisitions, corporate

restructurings, IPOs and private equity. She has extensive Board experience, both

as an Executive Director and Non-Executive Director, of UK listed companies

including Channel 4 Television Corporation, Capital Radio PLC and Amiad Water

Systems PLC. She is currently a Non-Executive Director on the Board of UK

publicly listed company Wilmington Group PLC.

THE BOARD AND SENIOR MANAGEMENT

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Gershon Fraenkel, Independent Non-Executive Director

Gershon Fraenkel is a British Citizen and founder of WST Charity Ltd, in North West

London which focuses on alleviating poverty within the Jewish Community in the area. He

has successfully launched many international businesses in the last 25 years, including

SEACO Group of Companies and Linkedell Ltd.

Hanoch Ehrlich, Independent Non-Executive Director

Hanoch Ehrlich is a qualified lawyer. He has worked on several international M&A

transactions, including advising companies in Central and Eastern Europe. He is

experienced in litigation, having represented various entities such as the Israel Military

Industries Ltd., the Shikun U’binui Group (the largest construction conglomerate in

Israel), the Ofer Brothers Group, the Yitzhak Tshuva Group, Bank HaPoalim, the Israel

Discount Bank, the Industrial Development Bank, the Israel Shipping Bank, Amdocs

(Israel) and the Israel Citrus Marketing Board.

David Nachshon, Independent Non-Executive Director

Israel David Nachshon, a graduate in Rabbinical Ordination, Mr Nachshon has extensive

ties within the Jewish community worldwide, as well as established government relations

in Israel. He has been on the board of Shefa Yamim (A.T.M.) Ltd and Shefa Yamim Ltd

since 1999, when the company was founded. Mr Nachshon is a Board member of the

Jewish community institution in Kiev, Ukraine, Chairman of the Chabad Jewish Mobil

Mitzva Centre, Chabad Youth Movement Tzivos Hashem and Chabad Educational

Institutions.

INTERNATIONAL CONSULTING TEAMProfessor William Griffin

Respected academic and Professor of Geology at Macquarie University.

Program Director for Technology Development and Industry Interaction in the ARC

National Key Centre for Geochemical Evolution and Mettalogeny of Continents

(GEMOC).

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Dr. John Ward

Dr. Ward has a PhD in Geology and has won the Oliver Davies and Henno Martin

Medals for his contributions to academic and economic geology. A leading alluvial

diamond exploration geologist with over 35 years’ field experience.

Prof. Mike de Wit

Highly respected chief geologist focusing on diamonds and geophysicist. Worked for

two of the largest resources companies in the world, Anglo American in South Africa

and De Beers. Diamond focused geologist. A Professor at the University of Pretoria.

Dr. Renato Spaggiari

Exploration Manager at Allotropes. Previously the Vice President at C&K Mining,

Cameroon. Strong geomorphology and sedimentology background. PhD research

dealt with favourable conditions for diamond deposits along Africa’s west coast.

This presentation has been designed for your convenience only and it does not replace a full review of Shefa

Yamim (A.T.M.) Ltd ("The Company") reports.

This presentation includes forward-looking statements, including forecasts, evaluations, estimates and other

information relating to future events and issues.

Forward-looking statements and information contained in this presentation are based on present estimates

and assumptions of our management, we believe them to be reasonable, but they are inherently uncertain.

Such future statements involve risks and uncertainties, including factors outside our control, any one of which,

or a combination of which, could significantly affect our operations and cause our actual results to differ

significantly from the future statements.

Any future statement is valid only to its original date. Apart from obligations to disclose information as required

by applicable security laws, we undertake no obligation to update or revise any information contained in this

presentation, whether as a result of new information, future events or otherwise.

This presentation does not intend to be all-inclusive nor to contain all of the information that may be relevant in

making any decision concerning an investment in the securities of the company.

This presentation does not constitute, or form part of, any offer or invitation to purchase or subscribe for any

securities of the company.

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Disclaimer