Mineral & Financial Investment Limited (LON:MAFL)

Mineral & Financial Investment Limited (LON:MAFL)


Share Price
8.50 p
Change
-0.25 (-2.86 %)
Market Cap
£2.98 m
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Mineral & Financial Investment Limited

Mineral & Financial Investments is an investment company whose purpose is to create value for its shareholders by investing in, financing of, and advising junior mining companies.

EPIC: MAFL
Market: AIM:MAFL
52-week High/Low: 11.35p / 5.00p
Sector: Financial
Market Cap: £2.98 m
Website: www.mineralandfinancial.com
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Big Picture – A Deep Dive Examination of Mineral & Financial Investment Limited


Mineral & Financial Investment Limited Snapshot

Mineral & Financial was created out of a former marketing and technology cash shell in 2009 to take advantage of opportunities in gold, commodities and mining equities markets. It was initially called Hameldon Resources, but subsequently changed its name twice, first to Athol Gold, and then to the current name, Mineral & Financial Investments.

Market volatility and an early emphasis on unquoted and illiquid shares meant that the company’s fortunes fluctuated severely until Alastair Ford was appointed Chief Investment Officer in July 2012. At that stage a lengthy process of portfolio rationalisation was initiated, underperforming assets were liquidated or written off, and there was a new focus on larger, more liquid investments.

The company also undertook a share consolidation, and two new directors were appointed in May and July of 2013 respectively, at which point new money was also raised.

Cayman Islands.

Jacques Vaillancourt, CFA
Executive Chairman


Mr Vaillancourt has 30 years experience in global financial markets, during which time he was involved in over $35 billion of financings for the resource sector. Mr Vaillancourt is currently President of Mount Everest Finance Limited, which invests natural resource companies. Prior, he was at HSBC as Managing Director and Global Head of Metals & Mining. From 1992 to 2009 he was at BMO Capital Markets as Managing Director and Head of European Equity Products. Additionally, he has been a sell-side analyst at RBC Capital Markets and is a graduate of McGill University. He is the chairman of Redstar Gold Corp, a TSX-listed gold exploration company.

[email protected]

James Lesser
Chief Operating Officer


James “Jamie” Lesser has 18yrs experience in equity capital markets, of which 12yrs focused on the resource sector. He has spent 6yrs focused on AIM juniors and latterly 6yrs as Director of HSBC’s Top 10 Ranked Mining Team. Mr Lesser is currently Co-founder and Executive Director of Chalkstone Partners Ltd. which mitigates political and social risks in emerging markets by improving community relations. He has extensive experience in the analysis and appraisal of mining companies across the globe as corporate broker and sell-side resources specialist sales.

[email protected]

Sean Keenan
Non-Executive Director


Sean Keenan is a geologist with a deep and wide ranging experience in finance. Sean is currently General Manager of Corporate Development for Chalice Gold, an Australian based ASX and TSX listed gold mining company. In addition, Mr Keenan is a director of Redstar Gold Corp, a TSX-listed gold exploration company. Mr Keenan spent seven years with Resource Capital Funds (RCF), one of the largest mining focused Private Equity fund management companies. Mr Keenan also spent six years at BMO Capital Markets, one of the world’s leading mining investment banks, in both research and investment banking.

Mr. Keenan has a BSc. in Geology from the University of Western Australia and MSc. from the Imperial College, Royal School of Mines. Sean is currently also a director of Aveyron Capital LLC and Ophir Metals Pty. Ltd. He was previously a director of Pursuit Resources Pty Limited.

[email protected]

 

Substantial Shareholdings

The only interests in excess of 3% of the issued share capital of the Company which have been notified to the Company as at 27th June 2017 are as follows:


Name Number of Shares %
     
Mount Everest Finance SA 6,214,000 17.89
Lynchwood Nominees Limited 3,472,000 9.99
Timothy Darvall 1,410,920 4.06
   

 

Mineral & Financial Investments Limited

Address


190 Elgin Avenue
George Town
Grand Cayman
KY1-9005
Cayman Islands

 

CORPORATE DIRECTORY

Registered Office


190 Elgin Avenue
George Town
Grand Cayman
KY1-9005
Cayman Islands

Nominated Adviser

WH Ireland
24 Martin Lane
London EC4R 0DR
United Kingdom
Telephone: +44 (0)207 220 1666

Broker

WH Ireland
24 Martin Lane
London EC4R 0DR
United Kingdom
Telephone: +44 (0)207 220 1666

Novum Securities

8-10 Grosvenor Gardens
London SW1W 0DH
Telephone: +44 (0)207 399 9400

Registrars

Capita Registrars (Jersey) Limited
12 Castle Street
St Helier
Jersey
JE2 3RT
Channel Islands

Auditors

Welbeck Associates
Registered Auditor and Chartered Accountants
30 Percy Street
London
W1T 2DB

Website: http://www.welbeckassociates.com
Telephone: +44 (0)20 7467 1700
Fax: +44(0)20 7636 5639
Email: [email protected]

Legal Advisers

Charles Russell LLP
5 Fleet Place
London EC4M 7RD

Website: http://www.charlesrussell.co.uk
Telephone: +44 (0)20 7203 5000
Fax: +44 (0)20 7203 0200
Email: [email protected]
 

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