The below was adopted at a General Meeting held 28th November 2013.
The Company’s Investing Policy is to invest in the natural resources sector through investments in companies or other assets, which it considers to represent good value and offer scope for significant returns to Shareholders over the long term. In particular, the Company will focus on providing new capital for mining companies that require finance for their projects.
Investments will be made in the securities of quoted and un-quoted companies and their assets, units in open-ended investment companies, exchange traded funds, physical commodities, derivatives, and other hybrid securities.
As the Company’s assets grow the intention is to diversify company, geographic, and commodity risks. The Company will have a blend of passive and active investments and, if and when appropriate, it may seek to gain control of an investee company.
Returns to Shareholders are expected to be by way of growth in the value of the Company’s Ordinary Shares. The Company may also from time to time make market purchases to buy in the Company’s Ordinary Shares if the Directors consider this to be in the interests of Shareholders as a whole. The Company will publish a quarterly update on its NAV.
Mineral & Financial Investments Ltd.’s investment policy is focused on the metals and mining industry.
M&FI’s strategy is to invest, finance, advise metals and mining companies through “Strategic” investments. M&FI’s capital, when not deployed in strategic investments, will be captured and deployed in our “Tactical” portfolio.