THE CHANCERY PORTFOLIO OF mine restarts
brought to you by
M&A Capital Partners
exclusive: pure tungsten cad$15 RAISE, PRE-IPO.
INVESTOR UPSIDE PRE-IPO
INVESTOR UPSIDE PRE-IPO
Pure Tungsten is the most advanced mine restart in the world targeting 1,000 tons of production per annum.
Fully funded, the Ssangjon mine in South Korea cis ready to turn on and start producing APT concentrate in July 26.
From there the additional cash flow will be reinvested into its second asset in Tajikistan where there are already 2 million tons of tailings grading at 0.4% tungsten.
JUST 35KM FROM ALMONTY
INVESTOR UPSIDE PRE-IPO
Pure Tungsten is located just 35km from Almonty's Sangdong mine. In absolute terms, Pure Tungsten is over 50% of the size of Almonty in terms of reserved, some 53 million tons estimated. With Almonty valued at US$4.5 billion, as a private company, we have Pure Tungsten valued at just US$253 million.
SCALING FOR GLOBAL PERFORMANCE
SCALING FOR GLOBAL PERFORMANCE
Pure Tungsten is set to become a major supplyer of APT concentrate and has plans to develop in-country processing in Tajikistan to produce all the way to tungsten carbide. The Company's goal is to supply 30 to 40% of the global non-Chinese tungsten as its first target. With other tungsten projects in the pipeline, this target will increase over the coming three years.
exclusive: CHANCERY ROYALTY US$3 RAISE, PRE-IPO.
INVESTOR UPSIDE PRE-IPO
INVESTOR UPSIDE PRE-IPO
Chancery Royalty ltd. is a Bermuda-based gold royalty company launched by the same founders as Gold Road, Tucano Gold, Laiva Gold, Pilar Gold, and Pure Tungsten. The Company provides investors with direct exposure to gold and silver prices through a portfolio of 3 producing royalties in Tier 1 mining jurisdictions.
Chancery Royalty ltd. wi
Chancery Royalty ltd. is a Bermuda-based gold royalty company launched by the same founders as Gold Road, Tucano Gold, Laiva Gold, Pilar Gold, and Pure Tungsten. The Company provides investors with direct exposure to gold and silver prices through a portfolio of 3 producing royalties in Tier 1 mining jurisdictions.
Chancery Royalty ltd. will be cash-flowing from Day 1, supported by a 50% dividend payout policy, and aims to list publicly in H1 2026.
ROUTE TO 28,000 GEO's
INVESTOR UPSIDE PRE-IPO
As detailed in 28000 GEOs.jpg, Chancery Royalty has a robust roadmap to scale, with annual production projected to quadruple from 6,368 GEOs in 2026E to a stable plateau of over 28,000 GEOs by 2029E. This highly visible growth trajectory is secured by a reliable base of producing assets, the near-term startup of the KEFI Gold and Copper
As detailed in 28000 GEOs.jpg, Chancery Royalty has a robust roadmap to scale, with annual production projected to quadruple from 6,368 GEOs in 2026E to a stable plateau of over 28,000 GEOs by 2029E. This highly visible growth trajectory is secured by a reliable base of producing assets, the near-term startup of the KEFI Gold and Copper project, and a well-defined advanced pipeline of near-term producing assets.
P/NAV 0.28x
P/NAV 0.28x
Chancery Royalty trades at an exceptional valuation discount of just 0.28x P/NAV compared to its peer group. Despite projecting 4,418 2026E GEOs—a production profile virtually on par with Vox Royalty (~5,500 GEOs at 1.10x) and Metalla (~5,500 GEOs at 1.00x)—Chancery presents an exceptional re-rating opportunity as the market corrects th
Chancery Royalty trades at an exceptional valuation discount of just 0.28x P/NAV compared to its peer group. Despite projecting 4,418 2026E GEOs—a production profile virtually on par with Vox Royalty (~5,500 GEOs at 1.10x) and Metalla (~5,500 GEOs at 1.00x)—Chancery presents an exceptional re-rating opportunity as the market corrects this valuation gap.
Additionally, Chancery is 100% Gold and Silver royalties spanning each projects Life Of Mine.
OTHER PROJECTS - mine information
Gold Road Route 66, Arizona, USA, Listing July'26
- Equity Raise: Launch-Ready US Gold Mine in Arizona, USA. Fully permitted & poised for immediate production.
- Key facts: 30,000 oz per annum production target for 2026; 4 km underground mine already built with significant geological upside
- Substantial Projected Profit Forecast to over US$40 million EBITDA per year by 2026.
- Proven Management T
- Equity Raise: Launch-Ready US Gold Mine in Arizona, USA. Fully permitted & poised for immediate production.
- Key facts: 30,000 oz per annum production target for 2026; 4 km underground mine already built with significant geological upside
- Substantial Projected Profit Forecast to over US$40 million EBITDA per year by 2026.
- Proven Management Team: Experienced leadership with a strong track record of success in mining.
- For more information on our CAD$0.50 cent round, please click below for the investor page
Pilar Gold Pilar de Goiás, Brazil, Listing Q4'26
- Equity Raise: Launch-Ready. Brazillian gold mine, fully permitted & poised for immediate production.
- Key facts: 4.07 million oz resource; 80,000 oz medium-term production target; 4,500 tons per day gold processing facility, 3 underground mines built and maintained and 1 open pit development project
- Substantial Projected Profit Forecast to
- Equity Raise: Launch-Ready. Brazillian gold mine, fully permitted & poised for immediate production.
- Key facts: 4.07 million oz resource; 80,000 oz medium-term production target; 4,500 tons per day gold processing facility, 3 underground mines built and maintained and 1 open pit development project
- Substantial Projected Profit Forecast to over US$150 million EBITDA per year from 2026.
- Proven Management Team: Experienced leadership with a strong track record of success in mining.
- For more information on our CAD$0.30 cent round please watch the following short video:
mine information
Laiva Gold, Mattilanperä, Finland, Listing June'26
- Equity Raise: Launch-Ready. Finnish gold mine, poised for near-term production.
- Key facts: 2.0 million oz resource; 80,000 oz medium-term production target; 6,000 tons per day gold processing facility, open pit mining with under ground potential.
- Substantial Projected Profit Forecast to over US$150 million EBITDA per year from 2026.
- Proven
- Equity Raise: Launch-Ready. Finnish gold mine, poised for near-term production.
- Key facts: 2.0 million oz resource; 80,000 oz medium-term production target; 6,000 tons per day gold processing facility, open pit mining with under ground potential.
- Substantial Projected Profit Forecast to over US$150 million EBITDA per year from 2026.
- Proven Management Team: Experienced leadership with a strong track record of success in mining.
- For more information on our CAD$0.80 cent round, please watch the following short video:
Tucano Gold, Amapá, Brazil, Listing July'26
- Equity Raise: Fully funded to CAD$96 million
- Key facts: 1.08 million oz resource; 656,000 reserves; 100,000 oz medium-term production target; 10,000 tons per day gold processing facility, open pit mining with substantial underground potential
- Substantial Projected Profit Forecast to over US$385 million EBITDA per year from 2026.
- Proven Mana
- Equity Raise: Fully funded to CAD$96 million
- Key facts: 1.08 million oz resource; 656,000 reserves; 100,000 oz medium-term production target; 10,000 tons per day gold processing facility, open pit mining with substantial underground potential
- Substantial Projected Profit Forecast to over US$385 million EBITDA per year from 2026.
- Proven Management Team: Experienced leadership with a strong track record of success in mining.
- For more information please watch the following short video:
About M&A Capital Partners USA
Our Story
At M&A Capital Partners, we have been supporting mining teams for seventeen years raising equity and debt for early stage mines to full construction and everything in between.
We are delighted to showcase four of the best gold mine restarts in the world and exceptionally proud to be providing exclusive funding support to the team on the ground and at head office to see all four assets restarted within 2025.