- are high net worth, risk tolerant, BC resident, experienced, accredited investors, including individuals, private corporations and private charitable foundations.
- share a bullish outlook for precious metals (gold, silver, platinum, palladium) and are looking to build long-term positions in companies that will out-perform in such an environment.
- prefer equity financings, but occasionally participate in debt financings with a conversion privilege, bonus shares or other equity upside kicker.
- are looking for good warrant terms: i.e. full warrants, expiring in 2-5 years, with no accelerated expiry provision.
- are interested in both hard dollar and flow-through financings.
- are interested in super-flow-through in provinces with favourable tax credits: Quebec, Manitoba, BC, Saskatchewan, Ontario. (In such situations, REDPLUG works with a flow through share donation financing partner to facilitate an arrangement whereby our investors end up holding the stock.)
- have taken up to $2,000,000 of a single financing, with $300,000 - $500,000 being a typical total amount for the group.
- are ready and able to proceed with a financing on short notice.