RESHAPING MINING INVESTMENT...• Thematic mini-conferences • Industry experts and thought leaders...
Transcript of RESHAPING MINING INVESTMENT...• Thematic mini-conferences • Industry experts and thought leaders...
RESHAPING MINING INVESTMENT
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Idea-Driven,Full-Service
Advisory
• Investment banking/advisory team consisting of six professionals with extensive experience in M&A and financial advisory,
equity capital markets, debt advisory and restructuring
• Substantial M&A transaction experience with capabilities and relationships that span the globe
• Industry-specific expertise in complicated, multi-faceted M&A and financing assignments
Strong Distribution
Network
• Comprehensive global coverage of all mining focused institutional, private equity, strategic, retail broker & high net worth
investor channels
• Access to over 300 institutional accounts, 1,500 retail brokers, 150 private equity groups and 250 strategic mining investors
• Demonstrated ability to raise equity for small-to-mid cap mining companies
• Raised over C$700 million for mining clients since 2017
• Strong presence across Canada, U.S. and Europe
Quality Research
• Research team with in-depth knowledge providing unique, informed insights
• Extensive junior mining coverage – research on over 50 companies across all key metal sectors (precious metals, base
metals, bulk materials, uranium and specialty metals)
Technical Expertise
• Highly adept technical team that includes multiple mining engineers, geologists and metallurgists
• Substantial experience in the mining sector with senior partners on each file at every step
• Extensive experience financing mining companies across all jurisdictions
• Due diligence capabilities – affiliation with outside technical teams (WGM, Venmyn Deloitte, etc.)
Independence• Unbiased, independent and informed advice regardless of mining issuer’s situation, size or geography
• No dual mandated conflicting agendas towards both issuers and investors
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Red Cloud: Entrepreneurial, Innovative & Independent
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ConsultantsTraditional
Broker/DealerInvestor
Relations Firms
Marketing
• Investor conferences• Access global institutional investors• Access North American & European wealth mgmt. • Access to global mining investors
‒ High net worth investors‒ Private equity‒ Strategic corporate investors
• Non-deal global marketing services
3/yr (N.A. & London)✓
Multiple Broker Access
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Max 1/yr✓
Single Broker Access
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Investment Banking
• Traditional equity financing• Convertible and non-traditional debt financing• Equity syndication management• Strategic investments• Royalties and production stream financing• Going public advisory and financing• Buy and sell-side M&A financial advisory• Targeted and wide sale processes• Fairness opinions and formal valuations• Financial restructuring• Strategic/defence advisory
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Equity Research
• Weekly market overview & analysis• Site visit technical review• Research publication
– RCS detailed company initiation– RCS Daily notes on all corporate development– Thematic corporate research
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>$250M Mkt. Cap
>$250M Mkt. Cap>$250M Mkt. Cap>$250M Mkt. Cap
Media
• Creating/editing investor presentations• Social media support and content generation• Corporate webinar and virtual townhalls• Corporate videos and Red Cloud TV• Corporate website design
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Corporate Advisory
• Corporate model review• High level technical review• Executive management coaching• Executive recruitment
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✓ >$250M Mkt. Cap
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Red Cloud’s Platform - A True Full-Service Offering
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Canada United States Europe
• Toronto
• Vancouver
• Montreal
• Quebec City
• Val-d’Or
• Winnipeg
• Saskatoon
• Calgary
• Edmonton
• Kelowna
• New York
• Boston
• Hartford
• Philadelphia
• Atlanta
• Miami
• West Palm Beach
• Boca Raton
• Charlotte
• Raleigh
• Newport
• Greensboro
• Dallas
• San Antonio
• Austin
• Kansas City
• Denver
• Chicago
• San Francisco
• San Diego
• Seattle
• Providence
• Asheville
• Richmond
• London
• Amsterdam
• Geneva
• Zurich
• Zug
• Paris
• Brussels
• Frankfurt
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Red Cloud Marketing Programs
• Red Cloud’s platform helps clients achieve optimal capital markets exposure with our tailored marketing programs
• Reach the right people by presenting your company to our global network of investment advisors, high-net-worth
individuals, institutional investors, private equity, corporations and family offices
• Gain coverage in trade media and exposure to newsletter writers and advertise at exclusive discounted rates
• Tap into our network by showcasing your project at Red Cloud and industry conferences and events
>300 institutional
accounts
>1,500 retail brokers
>150 private equity groups
>250 strategic mining
investors
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Red Cloud Marketing and Media
Webinars Conference CallsWebsite
DevelopmentVideo Graphic Design Social Media
• Feature your story in our Red Cloud Webinar Series
• Expand reach and build awareness
• Thematic mini-conferences
• Industry experts and thought leaders
• Stay connected with current investors
• Build new relationships
• One-on-one & group calls
• Retail and Institutional
• Transform your digital strategy to appeal to today's audience
• Increase SEO • Rebuild and
maintain your website with a customized solution tailored to your business
• Engaging videos for marketing and social media efforts
• Video is the fastest growing media type in today's digital landscape
• Build brand awareness
• Communicate effectively with infographics and illustrations
• Photography
• Build your social network across multiple platforms
• Establish your digital presence
• Tell your story in real time
Gain capital markets exposure and strategically invest in your corporate identity & brand
Comprehensive global coverage of all mining focused institutional, private equity, strategic, retail broker & high net worth investor channels
US$150 + C$50M C$7.0M C$9.2M C$4.5M C$22.0M C$40.2M C$4.5M
PendingCo-Agent
PendingLead Agent
July 2020Co-Agent
June 2020Lead Agent
June 2020Co-Agent
June 2020Co-Agent
June 2020Finder
C$5.1M A$30.0M C$7.6M C$17.0M C$3.3M C$4.4M C$12.0M
June 2020Co-Lead Agent
May 2020Co-Manager
May 2020Finder
May 2020Co-Lead Agent
May 2020Finder
May 2020Co-Agent
February 2020Finder
C$15.0M C$5.3M C$5.1M C$11.5M C$7.9M C$18.0M C$14.3M
February 2020Co-Agent
December 2019Co-Agent
December 2019Finder
December 2019Co-Agent
October 2019Lead Agent
September 2019Co-Agent
August 2019Co-Manager
C$7.7M C$10.0M C$30.0M C$20.0M C$10.0M C$21.8M C$6.4M
August 2019Finder
July 2019Co-Agent
May 2019Finder
April 2019Co-Agent
December 2018Finder
November 2018Co-Agent
October 2018Co-Agent
C$8.1M C$11.4M C$30.6M C$10.0M C$75.6M C$5.0M C$15.0M
April 2018Co-Agent
December 2017Co-Agent
December 2017Co-Agent
December 2017Co-Agent
November 2017Co-Agent
June 2017Co-Lead
May 2017Lead Agent
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Red Cloud’s Equity Financing Experience
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Red Cloud – Truly Independent, Full-Service Advisor
US$110M C$15M C$35M C$48M
PendingFinder
December 2019Financial Advisor & Fairness
Opinion
August 2019Financial Advisor & Fairness
Opinion
May 2019 Fairness Opinion
On precious metals stream toWheaton Precious Metals
On sale to AbraPlata Resources
On acquisition of Terraco Gold Corp.
On asset acquisition from Norvista Capital
C$29M C$40M Undisclosed C$20M C$32M
March 2017 Financial Advisor & Fairness
Opinion
February 2016 Strategic Advisor
2016 Strategic Advisor
September 2015 Strategic Advisor
April 2015 Strategic Advisor
On acquisition of Orex Exploration Inc.
Option agreement with BHP Billiton Ltd.
On M&AOn acquisition of
Temex Resources Corp.On acquisition of
Soltoro Ltd.
Public Company
C$30M C$90M C$55M C$23M C$150M
April 2019 Financial Advisor & Fairness
Opinion
November 2018 Financial Advisor & Fairness
Opinion
September 2018 Fairness Opinion
October 2017 Financial Advisor
November 2016 Strategic Advisor
On sale to SEMAFO Inc.
On merger with Golden Reign Resources
On merger with BonterraResources
On sale of Quebec gold assets to Monarch Gold
On project financing for Specialty Metals Operation
• Red Cloud Mining Research covers small-to-mid capitalization companies in the precious metals, base metals, uranium,
lithium and specialty metals sectors
• Comprehensive sell-side research which includes initiation reports, company updates, site visits, commodity reports
and thematic research
• Highly experienced, industry-savvy team offering valuable perspective into the global junior mining sector to generate
actionable insights for investors
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Precious and PGM Metals Base Metals Uranium
• Aurion Resources Ltd.• Brixton Metals Corp.• Caldas Gold Corp.• Chalice Gold Mines Ltd.• Fiore Gold Ltd.• Gran Colombia Gold Corp.• Grid Metals Corp.• Group Ten Metals Inc.• Japan Gold Corp.• Lion One Metals Ltd.• Mako Mining Corp.• Mawson Resources Inc.• Minera Alamos Inc.• Northern Shield Resources Inc.
• Novo Resources Corp.• O3 Mining Inc.• Orford Mining Corp.• Pacton Gold Inc.• Platinum Group Metals Ltd.• Quebec Precious Metals Corp.• RNC Minerals Corp.• Sailfish Royalty Corp.• Seabridge Gold Inc.• Silver Viper Minerals Corp.• Southern Silver Exploration Corp.• Star Diamond Corp.• Troilus Gold Corp.• Wallbridge Mining Company Ltd.• Vista Gold Corp.
• Aquila Resources Inc.• Canada Nickel Company• Coro Mining Corp.• Dore Copper Mining Corp.• First Cobalt Corp.• Rockcliff Metals Corp.• SolGold Plc.
• Anfield Energy Inc.• GoviEx Uranium Inc.• Laramide Resources Ltd.
Lithium & Specialty Metals
• Standard Lithium Ltd.• Sixth Wave Innovations Inc.• Wealth Minerals Ltd.
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Research – Timely, In-depth Analysis
Red Cloud’s mining focused research team provides timely and unique investment ideas by anticipating where markets and companies are headed
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Red Cloud’s Conferences – Key Networking Events
Red Cloud events at annual regional/global mining conferences
Denver/European Gold Forum – Sept 2019
AEMQ-XPLOR Convention – Oct 2019
Red Cloud’s sector ‘mini’ conferences
• 600+ attendees• 60+ mining companies• 40 corporate presentations• 30+ institutional/PE/corporate buyers
Red Cloud’s annual conferences (Oktoberfest, Pre-PDAC) have grown to become key events for our corporate clients to reach out to our wide network of institutional/PE/corporate and retail investors
Precious Metals Summit – Sept 2019
Vancouver Resource Investment Conference – Jan 2019
• 100+ attendees• 10 gold companies
• 100+ attendees• 10 uranium companies
• 650+ attendees• 65+ mining companies• 45 corporate presentations• 50+ institutional/PE/corporate buyers
Keynote speakers - Corporate Presentations - 1 x 1 Meetings - Expert Panels - Cocktail Receptions - Workshops
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Red Cloud introduced Fiore to over 250 potential
investors
Red Cloud has published four insightful research notes and
conducted a site visit to Nevada
Red Cloud formulated a fully integrated strategy to
enhance Fiore’s profile for investors
Marketing Research Other Activities• May 29-31, 2019: Toronto
• Jun 3, 2019: New York
• Jun 26, 2019: Miami Beach
• Jun 27, 2019: Boca Raton
• Jun 28, 2019: West Palm Beach
• Jun 28, 2019: Fort Lauderdale
• Jul 17, 2019: RCS Gold Conference
• Jul 18, 2019: RCS Gold Conference
• May 24, 2019: “Record Quarter Translates to Better Cash
Flow”
• Jul 2, 2019: “Solid Operation Poised to Improve”
• Jul 9, 2019: Red Cloud site visit
• Jul 12, 2019: “Steady Ops; Lots of Exploration Upside”
• Jul 17, 2019: “Better than Expected FQ3/19”
• Aug 13, 2019: “Results Point to Resource Growth at Gold
Rock”
• May 28, 2019: COMPASS meeting to discuss strategy
across all verticals (marketing, research, social
media, Red Cloud TV, corporate timeline, etc.)
• Jun 12, 2019: Red Cloud TV disseminated to our list
of over 3,000 mining investors
• Jun 1, 2019: Red Cloud’s social media team
commences activity across all platforms (Facebook
engagement increase 6,400%, Facebook reactions
increase 5,700% and Twitter tweets / day increase
240%)
Fiore’s Share Performance and Red Cloud Activities (May 2019 to September 2019)
Red Cloud Monthly Client Case StudyFiore Gold Ltd. (TSXV:F)
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Marketing Activity Research Activity Other Activity
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Change in share price (C$) +86%
Change in average daily volume over trailing 30 days
+112%
Bringing a Cash Flow Generating Junior Gold Producer in Nevada to the Spotlight
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Marketing Activity Research Activity Other Activity
Red Cloud introduced Coro to over 300 potential
investors
Red Cloud has published eleven insightful research
notes and conducted a site visit to Chile
Red Cloud formulated a fully integrated strategy to
enhance Coro’s profile for investors
Marketing Research Other Activities
• Dec 5-6, 2018: Toronto
• Feb 28, 2019: Charlotte
• Mar 4, 2019: Toronto
• Apr 23, 2019: New York
• Apr 24, 2019: Toronto
• Apr 25, 2019: Montreal
• Jun 19, 2019: Calgary
• Jun 20, 2019: Vancouver
• Jun 25, 2019: Webinar
• Jan 17, 2019: “Growing Marimaca into a Potential
Mining District”
• Feb 7, 2019: “Marimaca is Going to Grow”
• Feb 20, 2019: “Sorpresa Adds Fuel to the Fire”
• May 5, 2019: “What Bigger Could Look Like”
• May 15, 2019: “Coro Adds Land”
• Jun 7, 2019: “Drilling Points to Higher Grade
Mineralization”
• Jun 19, 2019: “Marimaca Exceeding Expectations”
• Dec 4: COMPASS meeting to discuss strategy across
all verticals (marketing, research, social media, Red
Cloud TV, corporate timeline, etc.)
• Jan 1: Red Cloud’s social media team commences
activity across all platforms (Facebook engagement
increased 2,700%, Twitter engagement increased
1,500% and Twitter tweets / day increased 1,100%)
Coro’s Share Performance and Red Cloud Activities (December 2018 to July 2019)
Red Cloud Monthly Client Case StudyCoro Mining Corp. (TSX:COP)
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Change in share price (C$) +100%
Change in average daily volume over trailing 30 days
+304%
Re-Rating of a Low Capex, Heap Leach Copper Project in Chile
Senior Management
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Investment Banking
Mark Styles | Head of Investment BankingChad Gilfillan | Senior Vice PresidentScott Lendrum | Vice PresidentAlan Lourenco | Vice PresidentBlake Zwikler | AssociateRichard Huang | Vice President and Director, ECMLinda Lang | Syndication and Administration CoordinatorJacqueline Doyle | Executive Assistant
Distribution
Matt Ritzel | Senior Vice PresidentRayna Schnapp | Senior VP and Director
Marketing
Sebastian de Kloet | Senior Vice PresidentTheresa Pegolo | Vice PresidentMichael French | Associate Vice PresidentNicole Siena | Associate Vice President, MediaAlicia Ford | Marketing ManagerAshish Jalandhara | Web Developer
Equity Research
Andrew Kaip | Managing DirectorDerek Macpherson | Vice PresidentJacob Willoughby| Vice PresidentTaylor Combaluzier | AssociatePaul Kostuik | Associate
Operations
David Schnarr | Chief Compliance OfficerPaul Mesburis | Chief Financial OfficerLuke Packer | Corporate Accountant
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Red Cloud Team
Chad Williams | Chairman & FounderMr. Williams has extensive experience in mining finance and managementhaving previously held the positions of CEO of Victoria Gold Corp., Head ofMining Investment Banking at Blackmont Capital Inc. and a top-ranked mininganalyst at TD Bank and other Canadian brokerage firms. Mr. Williams has beena Director of several emerging mining companies and was a founder of AgilithCapital Inc. (a fund) as well as Westwind Partners. He also serves as a directorof the Denver Gold Group. Mr. Williams holds both a P.Eng in Mining and anMBA from McGill University.
Bruce Tatters | Chief Executive OfficerMr. Tatters joined Red Cloud Securities in 2018, bringing more than 24 years ofsenior capital markets leadership. Mr. Tatters was the co-founder at bothTriumph Asset Management as Chief Investment Officer and WestwindPartners as Managing Director, Institutional Equities. Prior to that, Mr. Tatterswas Global Co-Head of Institutional Equity Sales at National Bank Financial(successor to First Marathon Securities). At First Marathon Securities, he spentsix years as an Institutional Equity Salesperson and two years in equityresearch. Mr. Tatters began his career in equity research at Burns Fry Ltd. Mr.Tatters holds a CFA designation and a bachelor’s degree in Economics from theUniversity of Western Ontario.
Paolo Lostritto | PresidentMr. Lostritto was the former Director in the Mining Equity Research Group forNational Bank Financial. Since 1997, he has worked in mining equity research atWellington West, Scotia Capital and TD Securities. He currently serves on theBoard of Directors Blue Thunder Mining Inc., which is focused on goldexploration in Quebec. In addition, Mr. Lostritto also sat on the Board ofDirectors for Savary Gold Corp. which was sold to SEMAFO Inc in 2019. Mr.Lostritto holds a Bachelor of Applied Science in Geological and MineralEngineering from the University of Toronto and is a registered ProfessionalEngineer in the Province of Ontario.
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Disclaimer
Red Cloud Securities Inc. is registered as an Investment Dealer in Ontario, Quebec, Alberta and British Columbia and is a member of the
Investment Industry Organization of Canada (IIROC). Part of Red Cloud Securities Inc.'s business is to connect mining companies with
suitable investors. Red Cloud Securities Inc., its affiliates and their respective officers, directors, representatives, researchers and members
of their families may hold positions in the companies mentioned in this document and may buy and/or sell their securities. Additionally,
Red Cloud Securities Inc. may have provided in the past, and may provide in the future, certain advisory or corporate finance services and
receive financial and other incentives from issuers as consideration for the provision of such services.
Red Cloud Securities Inc. has prepared this document for general information purposes only. This document should not be considered a
solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided has been derived from
sources believed to be accurate but cannot be guaranteed. This document does not take into account the particular investment objectives,
financial situations, or needs of individual recipients and other issues (e.g. prohibitions to investments due to law, jurisdiction issues, etc.)
which may exist for certain persons. Recipients should rely on their own investigations and take their own professional advice before
investment. Red Cloud Securities Inc. will not treat recipients of this document as clients by virtue of having viewed this document.
Red Cloud Securities Inc. takes no responsibility for any errors or omissions contained herein, and accepts no legal responsibility for any
errors or omissions contained herein, and accepts no legal responsibility from any losses resulting from investment decisions based on the
content of this document.
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