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About Ascendant

Ascendant is a Toronto-based mining company focused on its flagship 100%-owned producing El Mochito zinc, lead and silver mine in west-central Honduras, which has been in production since 1948. After acquiring the mine in December 2016, Ascendant spent 2017 implementing a rigorous and successful optimization program restoring the historic potential of El Mochito delivering record levels of production with profitability restored. The Company now remains focused on cost reduction and further operational improvements to drive robust profitability in 2018 and beyond. Expanding and upgrading El Mochito’s significant Mineral Resources through exploration work for near-mine growth is an ongoing focus for the Company. With a significant land package of 11,000 hectares in Honduras and an abundance of historical data, there are several regional targets providing longer term exploration upside which could lead to further resource growth.

Ascendant also holds an interest in the high-grade polymetallic Lagoa Salgada VMS Project located in the prolific Iberian Pyrite Belt in Portugal. The Company is engaged in exploration of the Project with the goal of expanding already substantial defined Mineral Resources and testing additional known targets. The Company’s acquisition of its interest in the Lagoa Salgada Project offers a low-cost entry point to a potentially significant exploration and development opportunity. The Company holds an additional option to increase their interest in the Project upon completion of certain milestones.

Mission

To become an opportunistic international mining company that finds and produces commodities vital to global economic growth more effectively than anyone else.

We intend to create superior value for our shareholders, customers and employees through the efficient management of our assets using continuous optimization and innovation while growing the overall asset base.



Vision

Our vision is to be become a leading mineral development company providing tangible benefits to our stakeholders (including local communities) while growing shareholder value by expanding within the natural resource extraction industry. Inherent to this are:

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Our primary objective is to exceed the financial performance of the best of our competitors as measured by Total Shareholder Return. In pursuit of this, we balance long-term growth with short-term results. We target the acquisition of mining assets from which we can extract value, that are priced and financed in a manner that is accretive to shareholders on a risk-adjusted basis.