A significant advantage of Adventus is its unique set of major shareholders who are aligned to realize the growth potential of the company's project portfolio in Ecuador. These seasoned investors include the Adventus-founding group: Altius Minerals Corporation, Greenstone Resources LP, and Resource Capital Funds, who were joined by Wheaton Precious Metals Corp. in 2018, and the Nobis Group of Ecuador (Consorcio Nobis) in 2019.
Altius Minerals Corporation (TSX: ALS, OTCQX: ATUSF)
Altius directly and indirectly holds diversified royalties and streams which generate revenue from 15 operating mines. These producing royalties are located in Canada and Brazil and provide exposure to copper, zinc, nickel, cobalt, iron ore, potash, thermal (electrical) and metallurgical coal. The portfolio also includes development stage royalties in copper and renewable energy and numerous pre-development stage royalties covering a wide spectrum of mineral commodities and jurisdictions. Altius also holds a large portfolio of exploration stage projects which it has generated for deal making with industry partners that results in newly created royalties and equity and minority interests.
Founded in 2013 and based in London, Greenstone Resources LP (“Greenstone”) is a private equity fund specializing in the mining and metals sector. With more than 100 years collective team experience – predominantly fulfilling senior roles within mining companies, financial institutions and principal investing – Greenstone understands the sector, its value drivers and inherent risks. As such, Greenstone is able to make long term investments which better aligns itself to management decision making.
Established in 1998, Resource Capital Funds is a pioneer in the concept of a mining-focused private equity fund and has earned extensive experience in the industry. The firm has invested through a number of commodity cycles and deploys capital across the full spectrum of project development risk and throughout the capital structure. Resource Capital Funds invests and partners with companies to build strong, successful & sustainable businesses that strive to produce superior returns for all stakeholders.
Wheaton Precious Metals (TSX: WPM, NYSE: WPM)
Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 19 operating mines and 9 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and silver streams on Glencore's Antamina mine and Newmont Goldcorp's Peñasquito mine.
Nobis is one of Ecuador's largest private organizations, with business interests across the agricultural, real estate, industrial, commercial, construction and tourism sectors. The group was founded by Executive President Isabel Noboa Pontón in 1997 and has since developed into one of the country's most successful and respected private enterprises. Highlights of Nobis' current business portfolio in Ecuador include:
- Partner in the new deep-water port under construction in Posorja, Ecuador;
- One of the largest agricultural conglomerates;
- One of the largest private and commercial real estate owners and operators, including malls, hotels, resorts and apartments;
- Largest ethanol producer from sugarcane by-products, and;
- Owner and operator of energy and power plants.
Along with its diverse business portfolio, Nobis is a leader in community development and philanthropy initiatives through the Nobis Foundation, which aims to educate and enable women, youth and low-income communities within Ecuador. Adventus is working closely with the Nobis Foundation on continuing community investments as part of project development in Ecuador.