themacresourcesgroup.com

Investor Presentation | October 2013

Forward looking Statement

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This presentation contains “forward-looking” information or statements within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of1995. Forward-looking statements relate to future events or the anticipated performance of the Company and reflect management’s expectations or beliefs regarding such future events andanticipated performance. In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, ”estimates”,”forecasts”, ”intends”, ”anticipates” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, ”could”, “would”, ”might”, or “will be taken”,“occur” or “be achieved”, or the negative of these words or comparable terminology. Forward looking information provided in this presentation includes information regarding THEMAC’s futurefinancial or operating performance, timelines for the completion of permitting, construction, development and timing of commercial productions, construction of plant, statements with respectto the estimation of mineral resources and reserves, expanding mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, the timing andamount of estimated future production, capital costs, costs of production, metal or mineral recoveries, mine life and production rates, capital expenditures and success of mining operations.Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by THEMAC, are inherently subject to significantbusiness, economic and competitive uncertainties and contingencies. Such assumptions include the specific assumptions set out in this presentation, that future capital and operating costswill be in line with THEMAC’S assumptions, that mineral resource and mineral reserve estimates prove accurate, permits required to commence production will be obtained on a timely basis,copper, molybdenum, gold and silver prices will remain consistent with THEMAC’s expectations, that there are no changes in THEMAC’s development plans as new information is received,that THEMAC will be able to access financing, equipment and sufficient labour to carry out its planned business. Known and unknown factors could cause actual results to differ materiallyfrom those projected in the forward- looking statements. Known factors include, but are not limited to: fluctuations in the currency markets; fluctuations in the spot and forward price of copper,molybdenum, gold, and silver; volatility in the price of fuel and electricity; changes in national and local government legislation, taxation, controls, regulations and political or economicdevelopments in Canada and the USA, operating or technical difficulties in connection with mining or development activities; employee relations; litigation; the speculative nature of mineraldevelopment, including the risks of obtaining necessary licenses and permits; uncertainty surrounding the availability of water rights required for mining operations which, if not secured, couldresult in changes to the proposed plan for development of Copper Flat; contests over title to properties, particularly title to undeveloped properties; failure of processing and mining equipmentto perform as expected; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results; the assumptions upon which the estimation of mineralresources and reserves prove inaccurate, which could lead to a restatement of reserves and resources;; changes in project parameters as plans continue to be refined; possible variations inore reserves, grade of mineralization or recovery rates may differ from what is indicated and the difference may be material; legal and regulatory proceedings and community actions;accidents, title matters; regulatory restrictions; permitting and licensing; volatility of the market price of Common Shares; insurance; competition; and hedging activities. In addition, thereare risks and hazards associated with the business of exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations,pressures, cave - ins, flooding and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks. Many o f these uncertainties and contingencies can affect actualresults and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, THEMAC. Readers are cautioned thatforward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements.THEMAC disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extentrequired by applicable laws.This presentation uses the terms “indicated resources” and “inferred resources”. The Company advises readers that although these terms are recognized and required by Canadianregulations (under National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI43-101”)), the United States Securities and Exchange Commission does not recognize them.Readers are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves. In addition, “inferred resources” have a great amountof uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category.Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, or economic studies, except for a Preliminary Assessment asdefined under NI43-101. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.This presentation includes “Operating cost per pound of copper”, “Life of mine sustaining capital”, “IRR” and similar terms which are alternative performance measures. These performancemeasures are included because these statistics are key performance measures that management may use to monitor performance. Management may use these statistics in future to assesshow THEMAC is performing to plan and to assess the overall effectiveness and efficiency of mining operations. These performance measures do not have a meaning withinInternational Financial Reporting Standards ("IFRS") and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. These performancemeasures should not be considered in isolation as a substitute for measures of performance in accordance with IFRS.

Technical information in this presentation has been read and approved by Jeffrey Smith, P.E., COO of THEMAC Resources Group, a Qualified Person under Canadian NI 43-101.

Copper Flat Project Low Cash Cost, Low Capital and High Return Copper/Gold Project

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High QualityCopper Concentrate

(28% grade)

Strong Returns(19.2% IRR | $178M NPV

3.7 Year Payback)3

Significant & Constant Production Profile

(~32,000tpa Cu Years 1–5)

Well-DefinedCopper Reserve1

(113Mt @ 0.39% Cu Eq)

Low Operating Costs (1st Quartile Cash Costs

of $1.15/lb LOM)2

Upside in Neighbouring

Tenements(Au and Ag)

Excellent Land Position and Permitting

Well Advanced(Start-Up: Late 2016)

Strategic Location in Established Copper

Mining District

Low Capital Intensity

(~$11,600/tac)

Strong Management Team and

Experienced Board

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10 3

9 4

58

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(1) See slide 10 for detailed mineral reserve and resource tables(2) Cash costs are net of by-product credit; calculation of cash costs provided on slide 12(3) See slide 22 for additional details on IRR, NPV and Payback

Andrew MaloneyCEO

Formerly Executive at The MAC Services Group, Australia’s largest integrated mining accommodation provider

Instrumental in The MAC Service’s Group’s growth, its public listing on the ASX in 2007, and the sale of the company in 2010 for $651m to the NYSE listed Oil States International Inc.

Currently Managing Director of Tulla Group, the investment office of the Maloney family

Holds a Bachelor’s Degree in Project Management from the University of Technology in Sydney and a Master’s Degree in Business Administration from IE in Madrid

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Jeffrey SmithCOO

35 years of experience in the mining industry managing large, complex mining operations and construction projects and held various technical and executive positions with Echo Bay Mines, Coeur d’Alene Mines and Pan American Silver

Also worked for three years with Quintana Minerals Corp where he was the mine engineer at the original Copper Flat Mine and assisted with its construction and operation

Masters Degree in Management, Licensed Professional Engineer and a Qualified Person under Canadian NI 43-101

Kevin MaloneyChairman

Founder and Chairman of The MAC Services Group, formerly Australia's largest publicly listed provider of remote area mining accommodation and services until its acquisition by a US based NYSE listed entity in late 2010

Extensive career in retail banking, finance and resources

Joined Elders Resources in 1981 after spending 20 years with the ANZ Bank

THEMAC ResourcesToday’s Presenters

Canadian-listed (TSXV:MAC) resource company focused on developing and operating the Copper Flat Project

THEMAC Resources Group holds a 100% ownership interest in the Copper Flat Project

Strategic relationship with Tulla Resources, an investment group managed by the Maloney Family which owns 69.7%1

of THEMAC and is the provider of its current loan facility

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THEMAC acquires the option on 100% of Copper Flat from Mercator Gold

THEMAC releases Prefeasibility Study outlining an annual 25,000tpd open pit mine with estimated average annual production of 23,000t Cu, 12,750oz Au, 455,390oz Ag and 460t Mo

Construction targeted to commence in 2015

Quintana Minerals brings Copper Flat into production as an open pit mine with a mill and concentrator (15,000tpd). The mine was in production for 3.5 months, but halted when copper prices declined

1982 2010 2012 2014 2015 20162011 2013

Commissioning targeted for late 2016

THEMAC releases Definitive Feasibility Study outlining a 30,000tpd open pit mine with estimated average annual production of 25,900t Cu, 20,000oz Au, 540,000oz Ag and 650t Mo

//

THEMAC ResourcesWho are we?

Shareholders InterestTulla Resources and Affiliates 69.7%1

ECR Minerals 15.5%

Free Float 14.8%

(1) 69.7% interest in THEMAC is held through Tulla Resources (54.7%) and Marley Holdings (14.0%), a Tulla-related affiliate

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Located in one of the world’s most prolific copper mining districts

Port of Guaymas

Copper Flat Project Where are we?

▪

RailRail

▪

Rincon

Deming

THEMAC Resources is currently looking for a partner to take the Copper Flat Project to the next stage of development

US$10 million needed to fund the next 18 months prior to construction

Permitting (US$4 million)

Detailed Engineering (US$2 million)

Project Development Improvement (US$2 million)

General Corporate Purposes (US$2 million)

Currently fully funded by loans from Tulla Resources until the end of 2013

Funding for construction is expected to be in place by Q3 2014

Debt funding expected to account for 60% – 70% of construction cost

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THEMAC ResourcesWhat are we looking for?

themacresourcesgroup.com

Investment Overview

225.6

98.1

305.2

113.1

Mineral Resources(Measured and Indicated)

Mineral Reserves(Proven and Probable)

PFS DFS 35%Measured & Indicated Sulfide Mineral Resource (Cu tons)From PFS to DFS

15%Proven & Probable Sulfide Mineral Reserve (Cu tons)From PFS to DFS

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1 Well Defined ReserveExtensive Drilling and Exploration Program has Significantly Increased Reserve Base

Copper Flat Mineral Resources & Reserves (Mt)1,2,3

(1) See slide 10 and 32 for detailed mineral resource and reserve tables for the PFS and DFS(2) Mineral Resources includes Mineral Reserves(3) Resource and Reserve definitions and methods conform to Canadian Institute of Mining, Metallurgy and Petroleum (CIM) guidelines and standards

and to Canadian NI 43-101 regulations

Mineral Reserves1,2,3,4

(1) Effective April 2, 2013(2) Mineral reserves and resources based on $3.00/lb Copper, $8.00/lb Moly, $1,350/oz Gold and $20.00/oz Silver(3) Mine design based on $2.50/lb cone pit(4) See our news release dated October 7, 2013 filed in SEDAR for additional details on the key assumptions, parameters and methods used to

estimate mineral reserves and resources, as well as known risks that could materially affect the development of the reserves and resources 10

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Cut-Off Grade (NSR/t)

Tons(000s)

Cu Eq(%)

Copper(%)

Moly(%)

Gold(g/t)

Silver(g/t)

Proven $6.11 78,857 0.32 0.010 0.096 2.25Probable $6.11 34,227 0.25 0.007 0.096 1.29

Total $6.11 113,084 0.39 0.30 0.009 0.096 1.93

Well Defined Reserve (cont’d)Current Reserves of 113 Mt @ 0.39% Cu Eq

Mineral Resource1,2,3,4

Cut-Off Grade (NSR/t)

Tons(000s)

Copper(%)

Moly(%)

Gold(g/t)

Silver(g/t)

Measured $6.11 126,655 0.28 0.009 0.096 1.93Indicated $6.11 178,571 0.19 0.005 0.064 1.29

Total $6.11 305,226 0.23 0.007 0.078 1.55

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(1) Copper equivalent calculation considers metal prices ($3.00/lb Copper, $1,350/oz Gold, $22/oz Silver, $9.50/lb Moly), process recovery (93.14% Copper, 71.60% Gold, 82.70% Silver, 78% Moly), and smelting/refining return (96.43% Copper, 94% Gold, 90% Silver, 99% Moly)

Significant and Constant Production ProfileStrong Returns and Early Payback from Initial High Grade Production

Contained Copper Production (t) and Copper Equivalent1 Grade (%)

31,953t Contained Cu

0.46% Cu Eq

0.00%

0.10%

0.20%

0.30%

0.40%

0.50%

0.60%

0

10,000

20,000

30,000

40,000

50,000

1 2 3 4 5 6 7 8 9 10 11 12

Contained Cu Production (in Concentrate) Average Year 1-5 Production Head Grade (CuEq%) Average Year 1-5 Grade (CuEq %)

Mining23%

Processing40%

Tailings4%

G&A5%

Smelting & Refining

13%

Concentrate Transport

15%

Category Cost ($/lb)1

Mining $ 0.46

Process Plant $ 0.80

Tailings $ 0.07

G&A $ 0.10

Smelting & Refining – Copper $ 0.25

Concentrate Transport – Copper $ 0.31

Total Before By-Products $ 1.99

By-Product Credits2,3 $ 0.83

Total After By-Products $ 1.15

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(1) $ per pound of copper produced (LOM average)(2) Base case price assumptions based on $3.00/lb Copper, $9.50/lb Moly, $1,350/oz Gold, $22/oz Silver(3) Smelting/refining and transportation costs for molybdenum concentrate included with by-product credit

Low Operating CostWell positioned in the 1st Quartile of the Copper Cost Curve

Total Cash Costs Before By-Product

Strip Ratio of 0.4:1Copper TC/RC cost assumption based on $88/t treatment and $0.088/lb refining charges

Copper Flat ore lends itself to common crushing and grinding practice and standard flotation reagents Copper concentrate has low impurities and is expected to yield clean 28% copper, 6 g/t gold and 160 g/t silver grade based upon lab as well as actual plant performanceMolybdenum concentrate expected to yield 55% Mo

Expected Recoveries

Copper Moly Gold Silver

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4 High Copper QualityAttractive to Smelters Worldwide

Cu93%

7%

Mo78%

22%

Au72%

28%

Ag83%

17%

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Nearly 2 Mt of pre-stripping exposing high grade copper sulfides ore at surfaceConcrete foundations to be utilized for major structures Original access, mine haul and services roads are suitable for reuse

Conveyor tunnels for crusher discharge and course ore stockpile reclaimMajor water diversion channel exists around the mine siteGeneral earthworks including mill site and mine shop grading

5 Low Capital Intensity$65M of Existing Infrastructure Already in Place

Mine & Equipment

4.3%

Plant28.7%

TSF13.4%

General Site14.3%

Construction Indirects

4.1%

EPCM10.0%

Owners, Contingency &

GRT25.3%

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5 Low Capital Intensity (cont’d)$11,600 of Capital Required per Ton of Annual Output Capacity

Capital Expenditures By CategoryCategory Cost

(US$M)

Direct Costs

Mine & Equipment $ 16.0

Plant $ 106.6

TSF $ 49.8

General Site $ 53.1

Indirect Costs

Construction Indirects $ 15.3

EPCM $ 37.1

Owners, Contingency & Gross Receipts Tax $ 94.1

Total $ 372.0

26 Patented Claims202 Unpatented Claims29 Placer Claims9 Mill Site Claims

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6 Excellent Land Position and Permitting Well AdvancedPermit Area 100% Controlled with Established “Buffer Zone”

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*Disclaimer: Permits are subject to agency review and approval

Excellent Land Position and Permitting Well Advanced (cont’d)Commissioning Targeted for Late 2016

                        Year

              Quarter 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4

THEMAC Drilling Program

Environmental Studies

PFS

EIS

DFS

Detail Engineering

Permitting*

Project Finance

Construction

Commissioning

Commercial Production

201720162014 20152010 2011 2012 2013

Progress Work Still Required

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6 Excellent Land Position and Permitting Well Advanced (cont’d)Permitting Process Well Defined and On-Track

Federal EIS Process

Expected April 2014

Anticipated June 2015

State Permit Process

Expected Jan 2014 Anticipated

Aug 2015

ROD will inform state permit

EE will rely on EIS for State Required Format

Expected Nov 2014

State Mine Permit Issued

• Public Notice• Permit

Application Package

• Other Permits

Agency Review, Technical Comments

Submit Responses, Added Data

Technical Review- Permit Application Package & EE

Public Hearing

Comments, Agency Review

FinalEnvironmental Evaluation (EE)

Draft EISPublic meetingsAgency ReviewPublic Comment

Final EIS Record of Decision (ROD)

Anticipated July 2015

• Scoping• Develop

Alternatives• Environmental

Effects Analysis

Draft Environmental Evaluation (EE)

PortGuaymas is the fastest growing seaport in Mexico, located 400 miles (640 km) from the Copper Flat site

Road I-25 is the main North South interstate in NM and is situated east of the project

RailNearest Rail siding is Rincon, NM, 40 miles south of the project via I-25. The concentrates will be hauled from the mine by truck, off-loaded at Rincon and then reloaded onto train cars

Power 12 miles of existing 115 kv power lines connecting to the mine substation

WaterSite already supplied by 4 wells and 8miles of water pipelines to the mill site

Port of Guaymas, Mexico

Services and Accommodation: Hillsboro (5 miles SW) and Truth or Consequence (25 miles NE), with population of 6,500 and well-developed amenities and servicesHatch (30 miles South of the project)Las Cruces (75 miles South via I-25)

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7 Strategically Located in Established Copper Mining DistrictProject is Close to Existing Infrastructure

Copper Flat is expected to produce 400 – 500 jobs during construction and up to 270 jobs during operationsWe will help create training and intend to hire locally as much as possible. The first 5 course certificate program begins in the fall of 2013THEMAC preserves the environment, heritage, and culture of the area to the highest standards set by federal and state regulationsWe connect regularly with community members through outreach sessions, mine tours, and direct personal interactions

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“I feel very strongly about supporting Copper Flat Mine. This is something great for our area”

– Elephant Butte Mayor Eunice Kent

“To be honest, I can hardly wait for it to open. It will create many jobs, grow our tax base, and boost the economy”

– Sierra County Commission Chairman Walter Armijo, referring to Copper Flat Mine

Strategically Located in Established Copper Mining District (cont’d)Strong Local and Government Support

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8 Experienced Management TeamIn Addition to Strong Board Leadership

Steve RaugustResource Development Manager

Studied Copper Flat while attaining Master of Science in Mineral Engineering at New Mexico Institute of Mining and TechnologyProfessionally Certified Geologist and Engineering Geologist, Qualified Person under NI 43-101

Katie EmmerProject Scientist

Fourth generation New Mexican with a MS in Water Resource Management from the University of New MexicoOver 12 years of experience in state and federal regulatory permitting, resource evaluation and environmental due diligence

22 years with BHP, most recently serving as VP Operations and COO of the BHP Billiton Base Metals GroupInterim CEO of Silver Standard a company listed on the TSX and Nasdaq

Mike AnglinExecutive Advisor

Stuart CrawfordCFO

Over 18 years of investment banking and accounting experience with a range of global investment banks Graduate degrees in Commerce and Law from the University of Queensland, MBA from Australian Graduate School of Management

Ray Irwin, P. GeoVP Exploration

More than 35 years of exploration, development and operating experience, and directly participated in four significant discoveriesNew Mexico State University’s Geology Hall of Fame, Registered Professional Geologist and Qualified Person under NI 43-101

Omar El-EmawyOffice Manager/Analyst

Office and project manager, public and government affairs, and information technologyGraduated from the University of New Mexico and expected to complete MBA in the fall of 2013

Elena CarnesChief Accountant

Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA)Previously at KPMG, BBA from the University of New Mexico (UNM) Anderson School of Management

Economic Indicators after Taxes1

Copper Price ($/lb)

NPV ($M)

IRR (%)

Payback(years)

$ 2.75 109.0 15.1% 4.2

$ 3.00 178.2 19.2% 3.7

$ 3.25 244.4 23.0% 3.3

$ 3.50 309.8 26.4% 3.0

$ 3.75 374.0 29.6% 2.8

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(1) Base case price assumptions based on $3.00/lb Copper, $9.50/lb Moly, $1,350/oz Gold, $22/oz Silver; post private royalty of 3.25%

Strong Project ReturnsBase Case IRR of 19.2% at $3.00/lb copper price

Economic assessment provided by M3 Engineering, an industry leader in Feasibility Studies and NI 43-101’s

Resources and reserves calculated by Independent Mining Company (IMC) under the supervision of IMC President John Marek, P.E., a Qualified Person under NI 43-101

Cost estimates for tailings storage facility and associated ponds provided by Golder Associates

Guidance for smelting and refining costs provided by Marc Ingelbinck, former VP of Base Metals Concentrates Marketing & Trading at BHP Billiton

After Tax NPV at 8% Real Discount Rate ($M)

0

50

100

150

200

250

300

350

400

$2.75 $3.00 $3.25 $3.50 $3.75

MetalLOM Revenue

(US$M)1

Copper $1,816.8

Gold $280.1

Silver $117.8

Moly $147.8

Total $2,362.5

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Strong Project Cash FlowsTotal LOM Revenue of $2.36 Billion, with MeaningfulCommodity Diversification

(1) Base case price assumptions based on $3.00/lb Copper, $9.50/lb Moly, $1,350/oz Gold, $22/oz Silver

77%

12%

5%6%

Copper Gold Silver Moly

LOM Revenue Diversification By Commodity

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Upside in Neighboring TenementsAndrews Area has Significant Gold and Silver Potential

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The target is in an area in which historical placer and high grade lode gold silver mining occurred

Copper Flat Deposit

Andrews Area

Approximately 1 mile from the Copper Flat Deposit

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themacresourcesgroup.com

Additional Materials

Although the spot market has struggled over the past 2 years, the back-end of thecopper forward curve (i.e. the long-term price) has been strong and trending upward

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KEY DRIVERS

China/Emerging Demand “Still Growing”

CapEx and OpEx Costs“Rising Rapidly”

New Supply“Even more Complex

and Challenging”

Geopolitical Risk “Taxes and Politics

are Rising”

OECD Demand“Growth Eventually”

Copper Market OutlookStrong Long-Term Fundamental

Source: Bloomberg

$6,460/t ($2.93/lb)

$9,619/t ($4.36/lb)

$7,286/t ($3.30/lb)

$7,489/t($3.40/lb)

6,000

6,500

7,000

7,500

8,000

8,500

9,000

9,500

10,000$/t

1/1/11 3/31/11 6/30/11 9/30/11 12/30/11 3/30/126/29/12 9/28/12 12/31/12 3/28/13 6/28/13 9/30/13

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Permitting Well AdvancedExpect to be Fully Permitted by 2015

Year

Quarter 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4Environmental StudiesAir Quality Monitoring

Baseline Data Studies ✔

Geochemical Data Collection

Hydrogeology Data Collection

Groundwater Model Projections and Report

Stage I Abatement Plan Reports, MonitoringNew Mexico State Permitting

New Mexico State Mine Permit

Air Quality Permit

Dam Permit

Discharge PermitFederal EvaluationMine Plan of Operations

Right of Way Applications

Environmental Impact Statement (EIS)

Cultural Resources Section 106Progress Work Still Required*Permits are subject to agency review and approval

20152010 2011 2012 2013 2014

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Copper Flat ProjectCurrent Layout

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Copper Flat ProjectPlant Area Facilities Layout – 25,000 tpd

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Copper Flat Project3-D Grade Model

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Copper Flat ProjectStraightforward Plant and Processing

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Mineral Resources and Reserves from Prefeasibility Study

Mineral Reserves1,2,3,4

(1) Effective July 18, 2012(2) Mineral reserves and resources based on $3.00/lb Copper, $12.00/lb Moly, $1,350/oz Gold and $25.00/oz Silver(3) Mine design based on $2.20/lb cone pit(4) See our Copper Flat NI 43-101 Prefeasibility Study dated August 22, 2012 and filed in SEDAR for additional details on the key assumptions,

parameters and methods used to estimate mineral reserves and resources, as well as known risks that could materially affect the development of the reserves and resources

Cut-Off Grade (NSR/t)

Tons(000s)

Cu Eq(%)

Copper(%)

Moly(%)

Gold(g/t)

Silver(g/t)

Proven $7.25 29,536 0.38 0.012 0.093 2.49Probable $7.25 68,582 0.28 0.008 0.093 1.87

Total $7.25 98,118 0.44 0.31 0.009 0.093 2.05

Mineral Resource1,2,3,4

Cut-Off Grade (NSR/t)

Tons(000s)

Copper(%)

Moly(%)

Gold(g/t)

Silver(g/t)

Measured $7.25 41,503 0.33 0.011 0.093 2.18Indicated $7.25 184,049 0.23 0.006 0.062 1.56

Total $7.25 225,552 0.25 0.007 0.068 1.67