Capital solutions within mandate
Four pillars. Built around how mining and commodities actually finance.
Not every opportunity belongs in a conventional loan box. Some need senior secured capital, some are best supported by off-take economics, some by advance purchase, and some require strategic equity. We identify the structure that matches the asset, the counterparty, and the investor mandate.
$10M – $500M+per transaction · larger reviewed case by case
01
Senior Positions
Protected, priority capital supported by collateral, contracted cash flow, reserves, inventory, receivables, equipment, real estate, or production rights.
- Senior secured and unitranche structures
- Asset-level security and reporting controls
- Defined exit and repayment certainty
- Sized to underwritten downside, not headline value
02
Off-Take Agreements & Off-Take Financing
Turning commercial demand into a financing catalyst — qualified buyers, enforceable contracts, and pricing formulas that improve the capital thesis.
- Advance against contracted physical delivery
- Creditworthy counterparty and assignment of proceeds
- Pricing tied to benchmarks and buyer quality
- Multi-shipment facilities with revolving availability
03
Advance Buys
Disciplined commercial structures supporting production, inventory, delivery streams, and strategic supply — not just an early cash request.
- Product specification, title, and delivery covenants
- Logistics-aware structuring across port, rail, freight
- Pricing, remedies, and performance protections
- Short tenors with structured drawdowns
04
LP or JV Equity
Growth capital, development participation, and strategic operating partnerships — framed around governance, waterfall, control, and exit mechanics.
- Project-level and platform-level equity
- Governance, dilution, and reporting clarity
- Downside protection alongside upside participation
- Strategic and institutional partners
Capital architecture principle
We do not force a transaction into the easiest label. We identify the structure that best matches the economic reality of the asset and the buying criteria of aligned capital.