Target Companies
  • Distressed junior mining companies – public and private
  • Market capitalization under $200 million
  • Focus on base and precious metals with best long-term fundamentals
Investment
  • Entry level ~ 20% position with rights
  • Equity checks from $10 to $50 million
Geography
  • Global, excluding countries that lack adequate rule of law and/or have safety concerns
Strategy
  • Target companies with asset values not recognized by the market
  • Bring projects to next phases of development through de-risking
Exit Strategy
  • Sell shares in market
  • IPO
  • Strategic sales

Providing Transformational Capital

  • Source opportunities through screening and industry contacts
  • Conduct detailed due diligence to identify key risks and develop a de-risking plan
  • Align interests and invest our own money alongside investors
  • Develop and oversee implementation strategy with management to cost-effectively realize the true value of an asset
  • Recruit new management talent as required
  • Work with management to build an independent board that embraces governance best practices
  • Help with ESG and government relationships