CORPORATE PRESENTATION Q3- 2018 - PowerOne Capital
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CORPORATE PRESENTATION
Q3– 2018
130 King Street West, Suite 2210
0 Toronto, Ontario M5X 1E4
www.poweronecapital.com
ABOUT POWERONE CAPITAL
PowerOne Capital: Over a decade of successful investing in
real assets and emerging growth businesses.
PowerOne Capital is a diversified merchant Our projects Involved in Total
bank focused on investing in real assets and can be over 350 transaction
emerging growth companies globally. From found in 20 completed value
its founding in 2003, PowerOne Capital has countries Transactions of over $3.0
developed a well-earned reputation as a billion
trusted, patient investor of long-term
growth capital, for projects across the globe.
Today, PowerOne Capital boasts a decade
of success partnering and investing in
Incubator of numerous +$1 billion market cap
mining, technology, life sciences, oil & gas,
companies
real estate and various growth industries.
1
EXECUTIVE TEAM
Our investment team
comprises experienced
legal and accounting
professionals and
investors. PowerOne and
its principals have a
depth of experience in Pat DiCapo, LL.B David D’Onofrio, CPA
representing, advising, Founder & Managing Director Chief Financial Officer
and assisting emerging Founder of PowerOne Capital and Managing Mr. D'Onofrio has extensive capital markets experience
companies in accessing Director. As the Managing Director, Mr. DiCapo is
responsible for managing the firm and structuring
and over 10 years experience in public accounting, both
in audit and taxation roles. David also assists in the
capital, advising on corporate finance transactions. Since founding
PowerOne, Mr. DiCapo has been involved in over corporate finance function from the diligence process to
mergers and acquisitions 350 transactions involving emerging public playing an active role advising management in various
companies with a transaction value in excess of $3 capacities. Mr. D’Onofrio has also acted in numerous
and managing their billion. He previously worked with the law firms executive, director and committee positions to assist
Smith Lyons LLP and Goodwin, Proctor LLP in
businesses. Boston.
companies in their formative stages advising on
corporate strategy and business development. Mr.
D'Onofrio is a graduate of the Schulich School of
Business, a Chartered Professional Accountant and
holds a Masters of Taxation Degree from the University
of Waterloo.
2
INVESTMENT STRATEGY
IDENTIFY TARGET SECTOR
We employ a
systematic, repeatable
model in our approach LEVERAGE PROPRIETARY IDENTIFY OPTIMAL
NETWORK OPPORTUNITIES & PARTNERS
to new investments
and partnerships,
across a range of CONDUCT DUE DILIGENCE, DEPLOY CAPITAL AND MANAGEMENT
investment sectors,
whether investing in ADVISE INVESTEE COMPANIES ON FUTURE TRANSACTIONS
life sciences,
technology, mining,
oil & gas, and other WORLD CLASS INNOVATIVE COMPANIES; LONG-TERM WEALTH
sectors. CREATION
3
SELECT POWERONE CLIENTS
Mining Healthcare and Life Sciences
4
SELECT POWERONE CLIENTS
Oil & Gas Technology
International Real Estate
American Realty Partners
POWERONE INDUSTRIAL
5
POWERONE GROUP RECENT TRANSACTIONS
6
POWERONE GROUP RECENT TRANSACTIONS
7
POWERONE GROUP RECENT TRANSACTIONS
8
POWERONE GROUP RECENT TRANSACTIONS
9POWERONE INVESTEE COMPANY ACQUISITIONS
Company Exit Acquirer Amount Date
Acquired Orion Mine Finance CAD $537mm June 2018
Acquired Atacama Pacific Gold Corp. CAD $41mm May 2018
Acquired Osisko Metals CAD $34mm February 2018
Acquired Norgine B.V. CAD $342mm July 2017
Acquired Orange Capital Ventures CAD $44mm June 2017
Acquired Western Lithium CAD $80mm September 2015
Acquired Tweed Marijuana Inc. CAD $61mm August 2015
Acquired Parex Resources Inc. CAD $198mm May 2014
Acquired Troy Resources Ltd. AUD $188mm February 2013
Acquired B2Gold Corp. CAD $160mm December 2011
Acquired Kinross Gold Corp. CAD $1.2B June 2008
Acquired Gran Tierra Energy CAD $195mm January 2011
Acquired Sandstorm Gold CAD $30mm August 2013
Acquired Alange Energy Corp. CAD $100mm September 2009 10POWERONE LIFESTYLE COMPANIES
The Estate of Le Calvane, located in Tuscany, Italy has played an integral role in Tuscan history and for centuries has been renowned for its
quality wine, olive oil and other fine agricultural products. The noble estate features both a winery and a boutique luxury resort.
The winery is located within the estate and neighboring properties and covers over 500 hectares of the hilly Tuscan landscape, where
Sangiovese, Merlot, Cabernet, Petit Verdot and Sauvignon grapes are cultivated. The winery produces a wide range of fine wines with capacity
to produce 600,000 bottles of wine per year, as well as olive oil and grappa. The wines are internationally distributed and sold in prominent
restaurants globally.
The Villa has been reborn as a uniquely luxurious 5-Star resort catering to the most discerning of travellers. The boutique resort features 12
spacious suites, with 3 two-bedroom suites and a private three-bedroom villa ideal for families. The property also includes a function room and
colorful garden available for hosting events and celebrations as well as premium spa, wellness and fitness facilities. Restored to its original
beauty, the Villa captures the splendor of the Renaissance era in which it was built, now finished with the finest amenities.
11POWERONE LIFESTYLE COMPANIES
Forno Cultura is an authentic Italian Tkees is an internationally renowned STK artfully blends the modern
bakery located in the heart of brand of footwear established in 2009 steakhouse and chic lounge into one,
downtown Toronto. It was founded by an inspired husband and wife. offering a dynamic, fine dining
by Andrea Mastrandrea whose Tkees products are available for sale experience with the superior quality
recipes have been passed down for in exclusive high street retail and of a traditional steakhouse. The menu
generations based on quality and resort boutiques around the world. features reimagined classic American
tradition using only the finest They have been featured in Elle, cuisine with signature dishes
ingredients. The bakery sells fresh Cosmopolitan, People, Travel & including bite-sized Lil’ BRGs made
biscotti, pastries, focaccia, panini Leisure and other leading fashion and with Wagyu beef, Lobster Mac &
along with other artisanal Italian lifestyle magazines. Cheese and the highest quality steak.
goods. Its baked goods are also sold STK distinguishes itself by focusing
in premier retailers in Toronto. on the social experience with a sleek,
contemporary design, incredible food,
world-class service and the perfect
upbeat atmosphere.
12APPENDIX A
CASE STUDIES
13PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity In July 2017, Microsoft executed a major shift to an industry-focused sales structure and is looking for scale
partners to bring value in both horizontal technology services and industry-focused solutions.
Additionally, spending on blockchain is expected to reach $9.2 billion by 2021 with IT services and
business services accounting for roughly 75% of all blockchain spending.
Project Creating North America’s premier Microsoft technology services provider innovating around blockchain,
agile & cloud.
PowerOne Role PowerOne was an early investor in Fusion as a private company and helped to facilitate bridge loan
financing during the company’s acquisition of Quisitive. PowerOne acted as co-agent for a $8.4M financing
in March 2018 and was instrumental in identifying a vehicle for the company’s go-public transaction.
Geography United States
Other Highlights Fusion's Ledgerpay initiative is a blockchain payment platform that will leverage Quisitive's unique
experience in payment system technology and its strong relationships in the U.S. banking and merchant
communities.
14PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity The growing demand for specialized cannabis extracts from the medical and emerging
recreational markets has created the need for purpose-build extractors.
Project Obtain Health Canada Licensed Producer (LP) and sales license. Expand Barrie facility to a
production capacity of 250,000kg of cannabis per year, becoming the largest scale cannabis oil
producer in Canada. Partner with cannabis cultivators to add value through bulk extraction,
contract processing, specialized secondary extraction, and white labeling.
PowerOne Role PowerOne was finder and early investor in the company’s $3M financing in March 2018.
MediPharm recently announced a go-public transaction into a PowerOne-sponsored CPC
vehicle, concurrent with which PowerOne is acting as agent for a $15M financing.
Geography Canada, Australia
Other Highlights In April 2018, MediPharm Labs Inc. became the first company in Canada to successfully
achieve a Licensed Producer approval without first receiving a cannabis cultivation license.
15PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Sante Veritas Therapeutics intends to bridge the gap in the Canadian cannabis marketplace between
small-scale artisanal producers, and the greenhouse-dominant, low end mega-producers.
Project Expand 32,500 sq. ft Powell River, BC indoor grow facility to 182,500 sq. ft. using innovative
modular design. Produce high-grade cannabis on a large scale, providing a range of branded
products at competitive pricing.
PowerOne Role PowerOne was finder and early investor in the company’s $7.7M financing in February 2017 and Co-
Agent in the company’s $16M financing in December 2017.
Geography Canada, United States
Other Highlights In April 2018, Sante Veritas successfully completed a go public-transaction and is now traded on the
Canadian Securities Exchange. Sante Veritas has also announced a merger with Baker Technologies
Inc., Briteside Holdings LLC, and Sea Hunter to form Tilt Holdings Inc., expanding into the United
States and forming one of the most comprehensive industry platforms.
16PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity The emerging and fragmented cannabis products sector presents an opportunity for
consolidation and is poised to benefit from integrated global distribution.
Project Through growth and acquisition, build a world class portfolio of assets, consolidating brands
along the regulated supply chain in the global cannabis industry.
PowerOne Role PowerOne was an early investor and strategic advisor to the company. In March 2018,
PowerOne acted as co-agent in the company’s $16.7M financing.
Geography Global
Other Highlights Slang has secured a conditional collaboration and investment agreement with Canopy Growth
Corporation (TSX: WEED), providing opportunity for multiple international strategic
partnerships.
17PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Introduction of cannabis legislation in Canada created the opportunity to be early to market
for consumer product line with familiar branding and association with Canadian icons.
Project Build a portfolio of production facilities through acquisition and expansion. Create strategic
partnership with Canadian rock band The Tragically Hip.
PowerOne Role PowerOne was an early investor in the company and was instrumental in identifying and
facilitating the vehicle for the go-public transaction and introducing the company to other
strategic investors. Newstrike recently completed a bought deal financing of $92M.
Geography Canada
Other Highlights UP Cannabis has received site plan approval from the Town of Lincoln, Ontario, for its
automated greenhouse facility in the Niagara region, permitting the company to double the
footprint of the facility to approximately 320,000 sq. ft. of dedicated cannabis production space,
complemented by a further 80,000 sq. ft. of cannabis processing space.
18PowerOne Capital: We Keep Good Company
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Growing demand for enterprise-grade secure storage solutions and increased information
privacy regulation.
Project Develop a blockchain hardened software-defined object storage solution and governance, risk
management and compliance solution for the modern enterprise.
PowerOne Role PowerOne first financed the company in 2013, raising a combined $4.6M in two rounds of
equity financing. In 2017, PowerOne was instrumental in facilitating the development of a
blockchain solution to implement into the platform, increasing security of the system.
Geography Global
Other Highlights PowerOne was a special advisor to the company in connection with the 2017 bought deal
financing that was upsized to $13.75M.
19PowerOne Capital: We Keep Good Company
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Identification of prospective ground & evolving country risk in previously un-investible region due to
perceived country risk. The project is a rare combination of size, grade, growth potential and excellent
metallurgy.
Project Seven 100% owned gold exploration projects, includes flagship world-class “Buritica” project.
PowerOne Role Formed the platform with management in 2007; acted as merchant banker, financier and advisor from
inception; assisted in raising over $200 million in equity.
Geography Colombia
Other Highlights Maiden mineral reserve of 3.7M oz. of gold, 10.7M oz. of silver (13.7M tonnes grading 8.4g/t gold and
24.3g/t silver). Measured & Indicated mineral resources of 4.71 million gold equivalent ounces (12.89
million tonnes at 11.4g/t AuEq). Inferred resources of 4.8M gold equivalent ounces (15.6M tonnes at
9.5g/t AuEq). Named Mines & Money company of the year in December 2013. In 2017 the company
secured $275-million of project debt financing, a strategic investment of $109-million from Newmont and
initiated construction with initial gold pour on schedule for the first half of 2020.
20Case Study: Aurelian Resources Inc.
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Lithium forms a small but irreplaceable component of rechargeable batteries used in electric cars,
consumer devices like mobile phones and bulk storage for renewable energy. Prices have dramatically
increased in recent years and demand is set to outstrip supply by 2023.
Project Tres Quebradas (3Q) - a high grade and low impurity salar and brine reservoir complex that extends for
over 160 Km². Located in the southern end of the "Lithium Triangle" in the Puna Plateau. It is the only
known project in South America with open lithium brine reservoirs, is very high grade, with low
impurities and is one of the largest known undeveloped resources.
PowerOne Role PowerOne was an early investor and served as sole agent for a $7 million financing in April 2016, was co-
lead on a brokered $11.45 million financing in May 2016 and in January 2017, PowerOne acted as a
syndicate member for a $25M bought deal financing.
Geography Catamarca, Argentina
Other Highlights Management and founders are highly experienced in the sector and were instrumental in the discovery
and exploration of the Cauchari lithium deposit in Argentina, currently owned by Lithium Americas
Corporation, bringing the asset to full feasibility. In 2017, the company completed a PEA of the 3Q project
that estimated an after-tax NPV of $1.2 Billion USD.
21PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Changing Health Canada legislation regulating the production and access to Medical Cannabis; increasing
pharmaceutical uses for Medical Cannabis.
Project Apply for MMPR Licence to import Dried Medical Cannabis from partner company Bedrocan BV (Netherlands), and
attain and Canadian MMPR Licence to produce Medicinal Cannabis at a new facility to be constructed in Toronto,
Canada. Attain Licence from Bedrocan BV to expand distribution of Bedrocan product to the USA and South
America as respective legislation permits.
PowerOne Role The PowerOne Group participated as a significant equity sponsor in the capitalization of the company as part of
Bedrocan’s $4.4 million private placement in April 2014 for which PowerOne acted as Sole Agent; Co-Agent for
$11.47 million financing in July 2014; Financial Advisor in taking the Company public via an RTO with a PowerOne
Sponsored CPC Vehicle on the TSX.V; and Co-Financial Advisor in its merger with Tweed Marijuana Inc. to become
Canopy Growth Corp.
Geography Canada
Other Highlights Bedrocan BV has been producing and supplying pharmaceutical grade government regulated medical marijuana for
15 years. Bedrocan product is available under Medicinal Cannabis regulations in 7 countries globally. PowerOne
was awarded the Private Capital Markets Association “Deal of the Year Award” for its various engagements with
Bedrocan in 2014. In 2017, Constellation Brands acquired 9.9% of the company for approximately $245 million.
22Case Study: Aurelian Resources Inc.
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity The White Gold District of the Yukon has seen gold discoveries of approximately 7M Oz since 2007
with major acquisitions and investment by Gold Corp, Kinross, Agnico Eagle, and Newmont.
Project White Gold Corp. owns a portfolio of 19,606 quartz claims across 30 properties, totaling 390,000
hectares. This amounts to approximately 40% of the Yukon’s White Gold district, making White
Gold Corp. the district’s largest land holder. The properties range from grass roots to more
advanced exploration projects. Over $70 million has been spent on exploration to date and the
company currently has deposits of 961,000 Oz gold indicated and 263,000 Oz gold inferred.
PowerOne Role PowerOne was an early investor, majority shareholder, and is involved with ongoing management
of the company.
Geography Yukon, Canada
Other Highlights The Company also has a highly experienced technical team with a track record of multiple
discoveries in the White Gold District of the Yukon. Agnico Eagle and Kinross Gold have joined the
company as strategic partners, each acquiring 19.9% of the company.
23Case Study: Aurelian Resources Inc.
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Fragmented diagnostic imaging market and changing US health care regulations offered an
opportunity to consolidate outpatient medical imaging centers.
Project Build a portfolio of medical imaging centers throughout select states initially including Florida,
Delaware, Pennsylvania and Texas. Combine clinical expertise with the latest advances in
technology and information systems to develop services that provides timely, insightful and
useful clinical information to referring physicians. Help patients to understand their health risks
and predispositions, and progress from simply diagnosing diseases to actually preventing them.
PowerOne Role PowerOne acted as finder for a US$3.5M non-brokered financing in August 2015 and a US$5.6M
non-brokered financing in June 2016. PowerOne acted as co-lead agent for a US$10.5M financing
in March of 2017 and co-lead agent for a US$34.8M financing in August of 2017 .
Geography United States
Other Highlights The company has actively expanded operations acquiring Tristate Imagining and their 17 clinics
in April 2016, Preferred Medical Imaging and their 20 clinics in August 2017 and recently
acquired Advanced Imaging and their 4 clinics in May 2018.
24PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity First financial services platform built around gold as a currency. PowerOne recognized the significant market
potential that exists across all geographies and all income segments for a transaction-accessible savings account based
on gold as a store of value. It connects securely vaulted gold to electronic payment networks that previously did not
exist and offers broad distribution by harnessing the connectivity of a growing mobile-internet.
Project Development of an online and mobile platform and debit card system that allows users to buy gold, store gold, and
pay for goods and services globally using gold as a currency. Goldmoney is a secure and fully compliant custodian of
Bitcoin and will expanding offerings in the near future to include other major cryptocurrencies.
PowerOne PowerOne also acted as financial advisor to GoldMoney in conjunction with a $36.64 bought deal in February 2016.
Role PowerOne was awarded the Private Capital Markets Association “Corporate Finance Award” for its various
engagements with GoldMoney/BitGold in 2016.
Geography Global
Other On May 22, 2015 announced that it has entered into an Acquisition Agreement to purchase the operating and
Highlights intellectual property assets of GoldMoney Network Limited. With over CAD 1.5 billion in assets under vault
management GoldMoney is among the world’s largest private managers of precious metal assets, renowned for its
innovation and integrity in the gold market. In early 2016, the company raised an additional $36.6 million in a bought
deal, and entered into a strategic partnership with Schiff Gold.
25POWERONE INDUSTRIAL PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Resurgent US economy coupled with fundamental shifts in manufacturing, logistics and supply networks.
Project Formed private real estate investment platform which focuses on the warehouse and distribution segment
of the industrial real estate market, with the goal of building a high-quality, stabilized portfolio of
institutional grade properties, throughout regional distribution markets in the United States.
PowerOne Role Founding equity sponsor and advisor. The Platform is a collaboration between PowerOne Capital and
SparrowHawk Real Estate Strategists, a privately held industrial real estate investment firm,
headquartered in Houston, Texas. PowerOne remains actively involved in the management and growth of
the portfolio.
Geography United States
Other Highlights PowerOne Industrial is currently invested in approximately 1.2M sqf of industrial real estate with a gross
book value of approximately $112M. The platform maintains a monthly equity distribution with modest
leverage and a conservative payout ratio. In June 2017, PowerOne Industrial successfully vended its 1.2M
sqf in North Carolina assets to a TSX listed REIT.
26Case Study: Aurelian Resources
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Inc.
Opportunity Rising gold price environment has created renewed interest in exploration.
Projects 3 Aces - an orogenic vein system with the two of the highest grade surface outcrops discovered to date in
the Yukon, and district scale potential. Brewery Creek Mine – a previously producing heap leach gold
mine featuring intrusion related gold deposits.
PowerOne Role PowerOne was an early investor and finder in connection with a portion of the $4.32 million private
placement in May 2016, co-agent for the $16.36 million financing in July 2016 and advisor on a $17.25
million bought deal in March 2017.
Geography Yukon, Canada
Other Highlights With high grade, native gold bearing quartz veins at surface, the project offers district scale potential.
Results point to an extension of high grade gold occurrences with drill intersections as high asv7.54 m of
32.86 g/t gold at their Ace of Spades zone, as well as the exciting discovery of a blind vein and the
occurrence of significant assay values in stockwork zones. Preliminary Economic Assessment (PEA) of the
Brewery Creek mine projects a 9-year life @ 7,500 tonnes per day, 230 days per year to recover 372,000
ounces of gold.
27PROVEN TRACK RECORD: POWERONE CASE STUDIES
Recent Financings
Date Financing
April 2015 $60 million; Bought Deal
August 2014 $7 million; Equity Financing
July 2014 $10 million; Convertible Debenture
June 2014 $31.3 million; Bought Deal
$22.1 million; Bought Deal
$21 million; Preferred Shares
Opportunity To create a leading specialty pharmaceutical company with a diverse line of products in key global
markets.
Project Acquisition and licensing of pharmaceutical products including branded generics, niche market
pharmaceuticals, and under-promoted products
PowerOne Role Instrumental in the formation of the company. Early Investor, Agent, Co-Agent, on multiple debt &
equity financings valued in excess of $100M and various Financial Advisory Roles.
Outcome In July 2017, Merus was acquired by Norgine for $1.65 per share for a total consideration of
approximately C$342 million
Geography Canada, United States, Europe
Other Highlights The Company is a specialty pharmaceutical company engaged in the acquisition and licensing of niche
pharmaceutical products globally. By capitalizing on its expertise of the North American
pharmaceutical markets and access to capital, Merus is currently focused on building its portfolio of
products. Merus strategically develops the sale and distribution of their product line by introducing a
targeted re-launch marketing and promotional plan.
28PowerOne Capital: We Keep Good Company
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Growth focused natural resources business with exceptional management team with
opportunity to acquire exceptional gold project.
Project Otjikoto gold deposit in Namibia – a unique 2 million ounce deposit.
PowerOne Role Acted as merchant banker, financier and advisor, throughout early history and following IPO
and M&A takeout.
Outcome Following initial public offering completed in 2010, business was acquired by B2Gold Corp. for
$160 million. Subsequent to the acquisition, B2 Gold has put the asset into production, and it is
currently one of the companies best performing mines.
Geography Namibia
Other Highlights PowerOne is currently involved with key member of the management team on new projects in
Namibia and West Africa.
29Case Study: Aurelian Resources Inc.
PROVEN TRACK RECORD: POWERONE CASE STUDIES
October 2008
Acquisition by Kinross Gold
Opportunity “Ground floor” value creation story, with an exceptional management team who identified
highly prospective ground in an emerging jurisdiction.
Project World-class Fruta del Norte epithermal gold deposit.
PowerOne Role Instrumental in Aurelian’s creation and seeding its initial financings (undertaken well before
discovery of its flagship project), and in the company’s 2003 going public transaction.
PowerOne was a substantial and ongoing investor in the business for over five years, from its
establishment until ultimate acquisition.
Outcome Acquired for $1.2 billion in 2008 by Kinross Gold.
Geography Ecuador
30Case Study: Aurelian Resources Inc.
PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity Advanced-stage exploration company with a large land package encompassing several prospects
and led by an accomplished board of directors with a legacy of discovery and development.
Projects The company’s flagship asset is the Curraghinalt gold deposit in Northern Ireland. The deposit is
a lode gold system consisting of a series of structurally controlled, high-grade gold bearing
quartz-carbonate veins.
PowerOne Role PowerOne was an early investor and acted as agent for a $6 million financing in December 2009.
PowerOne acted as advisor during the $39.15 million IPO of the company in August 2010 and in
February 2012 PowerOne acted as advisor on the company’s $27.8 million financing.
Geography Northern Ireland, United Kingdom
Other Highlights In December 2016, the company announced a positive feasibility study for the Curraghinalt gold
project that estimated an after-tax NPV of $402 Million CAD. In June 2018, Dalradian Resources
and Orion Mine Finance entered into a definitive arrangement agreement with cash
considerations of approximately $537 million to Dalradian shareholders.
31PROVEN TRACK RECORD: POWERONE CASE STUDIES
Opportunity The company delivers value through disciplined acquisitions and organic growth of precious
metals projects, operational excellence, and responsible mining.
Projects The Cerro Maricunga gold project is one of the largest undeveloped gold oxide projects in the
Americas at the prefeasibility stage of development. The project hosts total measured and
indicated resources of 5.3 million ounces of gold, including proven and probable mineral reserves
of 3.7 million ounces of gold.
PowerOne Role PowerOne was an early investor and provided strategic support during the company’s early
stage development and numerous capital market transactions.
Geography Peru, Nicaragua, Central America, Chile
Other Highlights In April 2017, the company entered into a mining assignment and option agreement to acquire all
rights and interests in seven gold exploration prospects totalling approximately 19,000 hectares in
Peru. In May 2018, Rio2 Ltd. and Atacama Pacific Gold Corp. entered into a definitive
arrangement agreement with considerations of approximately $41 million to Rio2 shareholders.
32Case Study: Aurelian Resources Inc.
NOTES
33www.poweronecapital.com
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