Investment Highlights
Team:
- Previously involved in the discovery and development of more than 10 million ounces of gold in Brazil;
- Previously involved in world class mining firms: BHP Billiton, De Beers, Rio Tinto;
- Amir Adnani – Founder and Chairman: CEO of Uranium Energy Corp, a uranium producer;
- Stephen Swatton – President & CEO: Former head of BHP Billiton’s Global Business Development and Technical Team for the Exploration Department;
- Mario Garnero – Director: Chairman of Basilinvest Group, a private merchant bank in Brazil; and
- The Hon. Herb Dhaliwal – Director: Former Canadian Minister of Natural Resources and Minister of National Revenue under Prime Minister Jean Chrétien.
Corporate Information – Why BRI?
- Focused on growth through strategic acquisitions of advanced-stage projects;
- One of the largest resource holders in the State of Para, a leading mining district;
- Less than 73 million shares outstanding;
- Tight capital structure; 25% held by management; 30% held institutionally;
- Held by well-known institutional investors including: Brasilinvest, Regent Pacific Group, Encompass Fund, KCR Fund / KCO Fund, and US Global Investors; and
- No debt
Brasilinvest:
- Strategic partnership with the Brasilinvest Group, one of the largest merchant banks in Brazil;
- Founder and principal shareholder of Brasilinvest is a Director with BRI;
- Brasilinvest has attracted investments of over US $16B to Brazil and currently manages US $6B;
- Partners in 20 different countries; and
- Sample of transactions: ITT-Standard Electric SA, NEC, Bombril, Fiat, Volkswagen, Varig, Boehringer.
Sao Jorge:
- NI 43-101 mineral resource estimate:
- An indicated mineral resource of 14.42 Mt @ 1.54 g/t gold (715,000 oz. gold)
- An inferred mineral resource of 28.19 Mt @ 1.14 g/t gold (1,035,000 oz. gold)
- Located 82km north of the city of Novo Progresso in the state of Para;
- Easy access by paved highway, available workforce in Novo Progresso; and
- Close to surface and open pittable.
Cachoeira:
- NI 43-101 mineral resource estimate
- indicated mineral resource of 17.4 million tonnes at 1.40 g/t Au (786,737 oz. gold)
- inferred resource of 15.6 million tonnes at 1.12 g/t Au (563,200 oz. gold)
- 3 gold rich locations; Tucano, Coruja, Arara;
- Located 220 km southeast of Belem, the capital of Para State;
- Located on a major highway with excellent infrastructure and access to water; and
- Close to surface and open pittable.
Brazil:
- $2.5 trillion economy making it 6th in the world, and second largest among emerging markets;
- Foreign direct investment has increased from $10 billion in 2003 to $76 billion in 2012;
- Low royalty rate of 1% on gold;
- Recognized mining code that is understood; and
- Large number of public and private gold companies in the surrounding area, making it a great jurisdiction to consolidate.