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Presentation- July2016

CubanFocusedConglomerate!

This presentation (in this projected form in hard copy and as verbally presented) (collectively “Presentation”) is provided on the basis that neither Leni Gas Cuba Limited and Knowlton Capital Inc. (to be renamed LGC Capital Ltd) (the “Company” or “LGC”), nor itsofficers, shareholders, related bodies corporate, partners, affiliates, employees, representatives and advisors make any representation or warranty (express or implied) as to the origin, validity, accuracy, reliability, relevance, currency or completeness of thematerialcontained in the Presentation and no responsibi lity is taken for any errors or omissions. Nothing contained in the Presentation is, or may be relied upon as, a promise, representation or warranty, whether as to the past or the future. LGC excludes all warranties(including implied warranties) and all liabi lity that can beexcluded by law for any loss, claim, damage, cost or expense of any nature (including that arising from negligence) arising out of the Presentation (or any accompanying or other information) whatsoever, nor byreason of any reliance upon it. LGCaccepts noresponsibility to update any person regarding any inaccuracy, omission or change in information in this Presentation or any other information made available to a person or any obligation to furnish the person with anyfurther information.

This Presentation includes certain statements that may be considered “forward-looking information” within the meaning of applicable Canadian securities regulations and “forwarding-looking statements” within the meaning of the United States Private SecuritiesLitigation Reform Act of 1995 (collectively, “forward-looking statements”). All statements in this Presentation (other than statements of historical facts) are forward- looking statements.

The forward-looking statements contained in this document are made as of the date of this document. Except as may otherwise be required pursuant to applicable laws, the Company does not assume any obligation to update or revise these forward-lookingstatements, whether as a result of newinformation, future events or circumstances after the dateof the Presentation, or to reflect theoccurrence of unanticipated events.

The forward-looking statements in this document reflect thecurrent expectations, assumptions or beliefs of the Company based upon information currently available tothe Company. Where suchstatements expressly or impliedly relate tofuture events, expectationsand/or belief as to future events or results, involve known and unknown risks and uncertainties suchexpectation or belief is expressed in good faith and is believed tohave a reasonable basis.

Although the Company believes the expectations expressed in suchforward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance and no assurance can be given that these expectations will prove tobe correct as actual results or developments may vary or differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include prevailing and projectedmarket prices, exploitation and exploration estimates and results, continued availability of capital and financing, and general economic, market or business conditions. Factors that could cause actual results to differ materially from those inforward-looking statementsinclude fluctuations in exchange rates and certain commodity prices, uncertainties related to mineral title in the projects, unforeseen technology changes that results in a reduction in commodity demand and the general level of global economic activity. Readers arecautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.

This Presentation references other corporations and provides certain information in relation to these corporations. All such information was obtained from the public record. The Company provides no assurances as to the accuracy or completeness of such information and readers are cautioned not to place any undue reliance on such information.

LGC has not made any independent inquiries as to the accuracy or completeness of the press release issued by MEO Australia and LGC assumes no responsibility for the contents thereof. LGC cautions that the press releases issued by MEO Australia refer to "Prospective (Recoverable) Resource" in connection with Block 9 PSC. LGC assumes that such term and any other similar terms in the press releases were used in accordance with applicable Australia regulations but is not able to so confirm. Further, LGC is not able to confirm whether applicable Australian regulations are equivalent to those in the Canadian Oil and Gas Evaluation (COGE) Handbook and cannot confirm whether the disclosure in the MEO Australia press releases complies with the COGE Handbook and applicable Canadian regulations. Investors are cautioned to take all of the foregoing into consideration when reading the press releases issued by MEO Australia, respectively, particularly any references to "prospective resources".

All persons should seek appropriate professional advice in reviewing or considering the Presentation and all other information with respect to LGC and evaluating the business, financial performance and operations of LGC. Neither the provision of the Presentation nor any information contained in the Presentation or subsequently communicated to any person in connection with the Presentation is, or should be taken as, constituting the giving of investment or financial product advice to any person in respect of dealing in LGC securities, and no such information should be taken to constitute a recommendation or statement of opinion that is intended to influence a person in making a decision to deal in LGC securities.

Some photos and pictures in this Presentation are for illustration purposes only and do not depict current LGC operations.

This Presentation does not purport to contain all of the information that may be required to evaluate all of the factors that would be relevant in determining whether to deal in LGC securities, including but not limited to any person's objectives, financial situation or needs. Each person must not rely on the information provided but should make, and will be taken to have made, its own investigation, assessment and analysis of the information in this Presentation and other matters that may be relevant to it in considering whether to deal in LGC securities. The information contained in the Presentation is not intended to be an offer for subscription, invitation or recommendation with respect to the shares in any jurisdiction and neither this document nor its contents shall form the basis of any contract or commitment.

LGC owns the copyright in this Presentation. No part of this Presentation may be shown or distributed to third parties or reproduced, stored or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior written permission of LGC. The distribution of the Presentation in jurisdictions outside the United Kingdom and the British Virgin Islands may be restricted by law and you should observe any such restrictions.

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Disclaimer– Alwaysseekprofessional advice!

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LGCCapitalLimited• OnlyPublicCompanytotallyfocusedoninvestingin“Cuba”• MultiStrat(conglomeratestyle)InvestingCompany

• Oil• BespokeTourism/Conferences/FilmProduction• Import/Export• Sport• Coffee• RealEstate(tobecompleted)• RenewableEnergy• ForeignCompanyrepresentationandassistance

CubanFocusedInvestmentCompany

CompetitiveAdvantage

LGCCapitalisunique!• PublicCompanytotallydedicatedtoCuba.• Allpartnersarewell establishedinCuba.• Foreigncompanies– lengthyprocessestoestablishbusinessinCuba.• LGC’sbusinesseshavefullyoperationalofficesinHavana.• Highlyexperienced“ontheground”Cubanexpertise.• RelationshipswithmanyGovernmententities.• Massivepotentialtoacquireandgrowinmanysectors.

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• KnowltonCapitalInc.(toberenamedLGCCapitalLtd~20July2016)• SharesIssuedandOutstanding: 234,045,328• Exchange: TSXV• TickerSymbol: “QBA”• Status: Tier-2InvestmentIssuer• Website: www.lgc-capital.com

www.lg-cuba.com• Offices(operationsandInvestments): Havana,London,Toronto,

Australia(Note:checkTSXV:KWCnewsforfulldetailsofexistingoptions)

CapitalStructure

BoardofDirectors

TheNewBoard:• DavidLenigas JointChairmanandCEO• Mazen Haddad JointChairman• AnthonySamaha CFO• RafiHazan Secretary• GuyCharette IndependentDirector• SebastienBellefleur IndependentDirector

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TheCubanBusiness&Strategy

• LGC’s objective is to acquire stakes in one or more listed or unlistedprojects, businesses, joint ventures, production agreements or companies(in whole or in part), creating a platform for possible further acquisitions insectors where the opportunity exists to create value for LGC’sshareholders.

• It is intended that LGC will invest and acquire an appropriate percentageholding, possibly including management of a company or companies andbusinesses with part or whole connections or relationships to Cuba’s oiland gas, agribusiness, manufacturing, industrial, transport and logistics,biotech, construction, utilities, business services, support services, retailand/or tourism sectors.

• In line with its investment policy, LGC currently holds the followinginvestments and has entered into the strategic alliance and joint venturesset out below:

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OilInvestments– RealOpportunities

• MEOAustraliaLimited• In February 2016, LGC made a strategic investment in Cuban oil explorer MEOAustralia Limited (“MEO”), a company incorporated under the laws of Australia andlisted on the Australian Securities Exchange (ASX), as a result of which LGC becamethe single largest shareholder of MEO, with a 15.8% interest. MEO is pre-qualified asa foreign onshore and shallow water operator in Cuba and was awarded a 100%interest in the 2,380 km2 onshore oil block, Block 9 PSC in Cuba, in September 2015.As LGC also holds a 15.14% interest in Petro Australis, as noted above, which holds aconditional 40% back-in option to Block 9 PSC, the investment by LGC in MEOsignificantly increased LGC’s underlying exposure to Block 9 PSC.

• Petro Australis Limited• LGC owns approximately 15.14% of the outstanding shares of Petro Australis Limited(“Petro Australis”), an unlisted public company incorporated in Australia. PetroAustralis’ principal activity is sourcing oil and gas opportunities in the Americas witha focus on Latin America (including Cuba). Petro Australis holds a conditional 40%back-in option to the onshore oil block, Block 9 PSC in Cuba.

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CubanOil– TheMassivePotential

Source:MEOAustraliaLimited

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CubanOil- OnshoreBlock9

Source:MEOAustralia

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MultiBillionBarrelResourcePotential

Source:MEOAustralia

RefertoMEO’swebsiteforCautionarystatementonResources

CubanTravel&TourismTravelwelcome Ltd.andtheInCloud9Group• In September 2015, LGC acquired 40% of the issued share capital ofTravelwelcome Ltd. (“Travelwelcome”), a private company incorporated in theUnited Kingdom. Through its representative office in Havana, Travelwelcomeprovides the services of a specialist Cuban ground handler which works withother specialist travel companies around the world to assist with tailor-made tripsto Cuba for their clients. This includes booking local hotels, transport, local toursand guides as well as other specialist activities such as art tours, horse riding,deep sea fishing, fly fishing and scuba diving. In addition, Travelwelcome has thecapacity to assist with the organization of special events such as conferences,weddings and group activities around Cuban festivals such as the Cigar Festivaland Film Festival.

• In November 2015, LGC announced that it had finalized arrangements forTravelwelcome to combine with the Cuban music, TV and film industry specialistInCloud9 group of companies in Havana. LGC’s interest in the combinedTravelwelcome and InCloud9 group remains at 40%.

• www.incloud9.com12

CubanImport/ExportJV

• In November 2015, LGC entered into an agreement with Cuban-centric tradingcompany Groombridge Trading Corp. (“GTC”) to form a 50/50 joint venture (the “GTCJV”) designed to expand GTC’s existing business of supplying products, machineryand equipment to the fast-growing Cuban tourism sector and exporting agriculturalproducts from Cuba.

• GTC, established in 2013, is a Canadian corporation that is approved to trade in Cubaby the Cuban Ministry of Foreign Trade and Investment and the Ministry ofAgriculture and is further authorized to trade with other Cuban Government entities.

• The GTC JV assists GTC with its existing order book of imports for the hotel andtourism sector and will become a financial partner in new business moving forward.The GTC JV has an exclusive, first right of refusal to participate on a deal-by-deal50/50 basis in any current and new transactions originated and operated by GTC. Inaddition to growing GTC’s current trading activities, the GTC JV also works with GTCto develop a number of agricultural projects and initiatives currently undernegotiation in Cuba and assist with new export orders of agricultural products toEurope and Canada.

• www.gtcorp.ca 13

CubanSportsInitiative

StrategicAlliance– RushmansLimited• In April 2016, LGC announced that it and Rushmans had formalized a50/50 joint venture (the “Rushmans JV”) to explore the opportunitiesavailable for international entities to participate in the developmentfunding for Cuban sport. Under the terms of the Joint VentureAgreement, Rushmans will grant the Rushmans JV an exclusivelicence to use the Rushmans’ brand and intellectual property inrespect to Cuban sporting opportunities.

• www.rushmans.com

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CubaMountainCoffeeCompany• On 20 June 2016, Leni Gas Cuba Limited announced that it had acquired a 10%interest in CMC with the aim of assisting CMC’s efforts in boosting Cuba’s coffeeproduction and exporting this valuable premium product to the world.

• CMC has agreements in place with Cuba to promote, on a worldwide basis,single-origin gourmet coffee from Cuba’s famous “Guantanamo Region”, both asgreen beans and also via CMC’s own bespoke coffee brand, “Alma de Cuba”.

• In April 2016, CMC also signed a Memorandum of Understanding with NestléNespressowith the ambition to explore how to work together with the non-profitorganization, TechnoServe, to boost production and quality in some of theGuantanamo micro-regions for the benefit of Cuban farmers and the protectionof their environment, subject to the approval of the Cuban authorities andcompliance with applicable laws

• www.almacuba.com

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CubanCoffee- Nespresso

Savills International“Cuba”(Note:Dealawaiting finalsignatures)• 100%forCuba.• Willbethefirst“Global Brand”attemptingtoenterCubanmarket.• FullbackupfromSavillsglobally.• Residentialsales.• Residentialletting.• Newresidentialsales.• Newdevelopmentsales.• MassivefuturegrowthPotentialofLGC!

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RealEstate

RenewableEnergyJointVentureJoint Venture with Commercial Funded Solar Limited• In May 2016, LGC entered into an agreement with Commercial Funded Solar Ltd.(“CFS”), a United Kingdom solar power and storage specialist, designed to assessthe potential for installing and operating renewable energy and hybrid powersolutions (solar power, energy storage and integrated power managementsystems) in Cuba.

• CFS is a multi-national company with operations in the United Kingdom, Africaand South America specializing in the installation of medium-sized, commercially-funded renewable power and storage systems of between 30kw and 1MW each.

• CFS and LGC intend to lead the development and construction of each projectwith the funding coming from external investors. Under the terms of theagreement, CFS and LGC will share on a 50/50 basis the development, fundingand construction revenues for each renewable power plant built, and share on a75/25 basis the 10-20 year operational contracts for all the systems.

• www.cfsolarworld.com17

LGCCapitalLtd

LondonOffice(HQ):Suite3b,38JermynStreetLondon,SW1Y6DNTel:+442074400640DavidLenigas(Chairman&CEO): lenigas@monaco-capital.com Cell:+447881825378AnthonySamaha(FD): anthony@lenigascuba.com Cell:+447913506130

Canada:MazenHadad(Chairman) Mazenh@townshipcapital.com Cell:+33687059870RafiHazan(CompanySecretary): rafi.hazan@gmail.com Off:+1(514)839-7234JohnMcMullen jmcmullen@stratigis.ca Off:+1(416)7929303

Cell:+1(416)8030698

Website: www.lg-cuba.comwww.lgc-capital.com (note:post19July2016)

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Contacts