RedCloudKS’s 4th Annual Fall Mining Showcase took place on October 6th. The event featured presentations of promising precious metals exploration, development and operating junior companies from North America. This networking event attended by fund managers, analysts, institutional and individual investors as well as mining corporate development teams featured a buy-side panel discussion on the precious metals market outlook and what they are looking for in companies raising funds. As one of the presenters noted, a convincing pitch comes from a company with a board comprised of knowledgeable and independent directors, technically and operationally strong management team and a world-class asset in safe jurisdictions. Overall, the investor side continues to be very risk-averse which will have a significant impact on the mid to long-term perspectives of mining project development.
The Toronto-based Klondike Strike Inc. was the first to offer a mining-centric equity crowdfunding platform – Red Cloud – which allows companies to raise much-needed capital from a wider range of investors.