Stake Purchase • Metals/Mining

Resource Capital Funds Invests In Defense Metals

On May 19, 2023, private equity firm Resource Capital Funds invested in metals/mining company Defense Metals

Investment Context
  • This is Resource Capital Funds’ 24th transaction in the Metals/Mining sector.
  • This is Resource Capital Funds’ 14th transaction in Canada.
  • This is Resource Capital Funds’ 7th transaction in British Columbia.

Explore All 145 Stake Purchase Metals/Mining Deals - Search the Database Free


Investment Summary

Date May 19, 2023
Target Defense Metals
Sector Metals/Mining
Investor(s) Resource Capital Funds
Deal Type Stake Purchase

Target Company

Defense Metals

Vancouver, British Columbia, Canada
Defense Metals is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, defense industry, national security sector and in the production of green energy technologies, such as, rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals was founded in 2016 and is based in Vancouver, British Columbia.
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Investor Overview 1

Investor

Resource Capital Funds

Denver, Colorado, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 5.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Resource Capital Funds is a private equity firm that targets investments in mining companies across a diversified range of commodities and geographies. The Firm will consider funding development stage opportunities, as well as buyouts of operating assets and distressed situations. Resource can commit as little as $2 million and as much as $75 million per transaction. Resource Capital was formed in 1998 and has offices in Denver, Colorado, and Perth, Australia.


Deal Context for Investor #
Overall 29 of 37
Sector: Metals/Mining 24 of 29
Type: Stake Purchase 15 of 19
State: British Columbia 7 of 9
Country: Canada 14 of 17
Year: 2023 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-03 Alufer Mining

Guernsey, United Kingdom

Alufer Mining is an independent mining company. Alufer places a great deal of importance on sustainability and is committed to ensure that it operates in line with the highest social and environmental standards. Alufer Mining was founded in 2011 and is based in Guernsey, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-30 VRIFY

Vancouver, British Columbia, Canada

VRIFY is a developer of a proprietary AI platform that turns data into discovery for mineral exploration companies. By synthesizing vast amounts of data and utilizing custom AI models purpose-built for specific mineral systems, VRIFY is redefining how exploration is quantified to improve how the industry leverages its data, communicates discoveries, and secures investment. VRIFY was founded in 2017 and is based in Vancouver, British Columbia.

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