Opportunity Digest 1 (Feb 2024)

Opportunity Digest 1 (Feb 2024)

Legend:

Revenue-ready:                   The asset or business is in operations and generating revenues

Shovel- ready:                     All procurement, permits and license are completed and in-hand, construction started

Procurement-ready:           All design and permit/license applications are completed

Design-ready:                       Concept design, environmental studies, stakeholder engagement are completed

Concept-ready:                    Feasibility and marketing studies are completed

New development:              Preliminary economic assessment (PEA) and pre-feasibility study are completed

Section 1 Mining

2368 Mexico – Gold mine bulk sample project

$20M Gold offtake of 15000 ounces – Shovel-ready

Bulk sample extraction from the Ana Paula deposit in Mexico.  The bulk sample will enable the construction of the underground infrastructure to advance the project (still at Feasibility study).  Investor injects USD$20M in capital in return for 15,000 ounces of gold at a below market price.  Delivery of the physical gold or cash equivalent will be in 16-24months from investment.

2350 Mexico – Gold mine development

$25M Debt financing – Shovel-ready

Expansion of existing mine (15.18 grams per tonne Au, 329 g per tons Ag) and acquisition of land currently being leased.  Expansion will add second mill, tailings dam, mining equipment, camp and infrastructure improvements, new permits, and 43-101 completion.

2341 Mexico – Gold mine development

$70M debt financing – up to 25% equity in two tranches:  $10M (Phase 1 development and mining), $60M (Phase 2 development and mining) – Shovel-ready

Project anchored to Oposura (Zn, Pb, Ag, Cu) and Alacran (Au, Ag, Cu), both of which are on private land in Sonora, Mexico, and have recently issued NI43-101 technical reports. The Oposura project, near Moctezuma in Sonora is fully permitted for production from the East deposit. Alacran is being actively drilled to expand the low-strip-ratio, heap leachable, oxidized gold and silver mineral resource to upwards of 1 million AuEq ounces. The Copper porphyry targets are the medium-to-long-term growth opportunity on the Alacran property.

Section 2 Energy

2361 Canada – Green Hydrogen and oxygen production plant

$15M Debt financing – up to 25% equity – Design-ready

Development of a 5 tonnes per day hydrogen production plant in southern British Columbia, powered from combination solar & hydro sources. Hydrogen plant valued at $450M; solar and wind power plant, at $420M.

2355 Mexico – Green power production plant for Ammonia production

$850M Debt financing – up to 25% equity, starting with $45M for FID works – Design-ready

10,000 hectares land development to install 500 MW of wind power to be hybridized with approximately 400 MW of PV power to supply power to power an ammonia plant producing between 200,000 – 250,000 tons/year.

2346 California – Three-phase solar power development (260 MW)

$780 debt financing – $240M for first 80MW, $240M for second 80MW, $300M for 100 MW – Shovel ready

2325 Canada – Green Hydrogen and oxygen production plant

$970 Debt financing – up to 25% equity, starting with $25M for FID works – Design-ready

Development of an 80 tonnes per day hydrogen production plant in southern Alberta, powered from combination solar & wind sources, and supplied with so-called produced water from nearby oil and gas well sites and diverted from costly traditional wastewater disposal tailing ponds. Hydrogen plant valued at $450M; solar and wind power plant, at $420M.

Section 3 Infrastructure

2406 Colombia – Santa Marta international airport expansion

$400M Debt financing or PPP structure – New development

The Santa Marta municipal district, in partnership with the National government, wishes to develop a significant capacity expansion of the existing Simon Bolivar International Airport.  This project is inscribed in the decadal development plan of the city to mark the 500th anniversary of its founding in 1524.

2372 Mexico – Cruise ship port development in Cabo San Luca

$280M – Debt financing, up to 49% equity – New development

A privately-owned and operated cruise ship port is proposed for the resort town of Cabo San Luca, developed in partnership with Royal Caribbean cruises.

2358 Canada – Privately-owned international airport development

$495M – Debt financing, up to 20% equity – Concept ready

Company acquired in the summer 2023 the rights, property, and licenses of the Stephenville airport in Newfoundland.  The development program to modernize the existing assets includes 1) $250M terminal; 2) $65M fire station; 3) $105M 1200 person work camp; and 4) $75M floating work camp (cruise ship conversion).

Section 4 Water and waste water

2406 Colombia – Santa Marta municipal water treatment plant $140M Debt financing or PPP structure New development The Santa Marta municipal district, in partnership with the National government, wishes to develop a regional water production and waste treatment plant, using water from the Cordoba River.  This project is inscribed in the decadal development plan of the city to mark the 500th anniversary of its founding in 1524.  

Section 5 Real estate and construction

2379-2381 Mexico – Mazatlán property development

$615M debt financing – up to 25% equity, in three groups: $160 (2379), $230M (2380), $225M (2381)  – Shovel-ready

National real estate conglomerate headquartered in Mazatlán, has assembled a decadal development program ending in 2031, divided into three groups (Group 1 has already secured financing, valued at $130M): 2379 Group 2:     Mazatlán Logistic Center (MLC), World Trade Center Mazatlán, he INN at Mazatlán expansion, Hotel Casa Lucila expansion. 2380 Group 3:     Hacienda ITA, Arhena Cerritos, Condominiums at La Marina 2381 Group 4:     Torre Eme Culiacán, Torre BUKS Culiacán, Sam High School La Marina Campus, Hard Rock Hotel Mazatlán

2373-2375 Mexico – Mazatlán and Cabo San Luca property development

$195M debt financing – up to 25% equity, in three groups: $90 (2373), $90 (2374), $15M (2375) – Design-ready

Regional property developer headquartered in Mazatlán, proposed a development program made up of three projects: 2373 Project 1:   Large scale residential and commercial property development within a gated community structure, in the heart of Cabo San Luca’s tourist area. 2374 Project 2:   Luxury tower development in the golden zone of Mazatlán, mixing condominiums, commercial offices, and rental spaces. 2375 Project 3:   Small condominium tower in the golden zone of Mazatlán.

2363-65 Kenya – Jewel Heights housing development (21000 units)

$1.1B debt financing – up to 25% equity, in three phases:  Juja ($365M), Malaa ($$350M), Isinya ($400M) – Design-ready

Massive residential development project in three locations at the periphery of Nairobi.  All permits are on hand.  National government backs the project.  Juja will be first and construct 9400 residences in three phases (2000, 3700, 3700).  Malaa, also in three phases, will construct 5200 residences (200, 1600, 1600).  Isinya, also in three phases, will construct 6400 residences (2000, 2200, 2200).   Target buyers are from the middle and upper classes.  No low-cost housing obligations.

Section 6 Enterprise

2410 USA – Fairshare start-up market expansion

$10M equity financing – Pre-revenue

The start-up, Fairshare pop commerce, has developed an online platform to monetize the widespread practice of content sharing on the internet. The platform creates a free-flowing market for the exchange of goods, services, ideas, and knowledge, through which every sharing action (by individuals and corporations) results in an automatic commission payment to the action’s initiator, once a sale results from this chain of shares.

2401 England – London diamond & emerald fine jewelry expansion

$62M equity raise through convertible notes, in two tranches:  $12M and $50M – Revenue-ready

The Company is offering the opportunity for investors to subscribe for loan notes in London DE Ltd as part of its expansion program.  The capital will be raised to enhance its position in the market by increasing its bulk purchasing of loose gemstones and gold.

2352 Canada – Novus TX non-surgical brain damage healing technology

$2M equity financing – Pre-revenue

Novel technology utilizing focused ultrasound beams to diagnose and treat brain damages.  Application is topical and eliminates the costly surgical neurostimulation treatment current in used across North America.  The patented biaxial technique alters the shape of the ultrasound beam with few elements, thus producing precise, depth-penetrating ultrasounds within extreme resolution.  The technology is suitable for walk-in clinics, at a fraction of the costs of a traditional surgically-based neurostimulation.  Technology has reached TRL level 6 and require additional investment to develop pre-production full scale system and pursue diagnostic certification from Health Canada.  Corresponding FDA certification for the US will follow once Canadian certification is achieved.  

2351 Canada – Dawnross Inc start-up

$1.5M equity financing Pre-revenue

Dawnross is developing a hand-held wand technology to detect skin cancer through focused ultrasound.  Technology has reached TRL level 6 and require additional investment to develop pre-production full scale system and pursue diagnostic certification from Health Canada.  Corresponding FDA certification for the US will follow once Canadian certification is achieved.

2238 United States – BARU shared-economy manufacturing.

$3 to $5M equity injection – Revenue-ready

Baru has developed an internet-based network of wood and robotic workshops whose idle periods can be monopolized on a just-in-time basis to locally manufacture furniture closest to the individual buyer, eliminating in the process 70% of the non-value-added global supply chain and transportation costs.

2319 United States – On-demand regional air mobility aircraft

$25M equity or debt financing – Pre-revenue

Development program of a light, quiet, and extreme-efficiency commuter aircraft platform.  Financing sought to design and fabricate the 4th and 5th aircraft prototypes to initiate the FAA type certification process.