Capella Minerals

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Primary ticker: TSXV: CMIL, OTCQB: CMILF, FRA: N7D2
Stage of development: Exploration, Development
Primary minerals: Copper & Gold
Project to promote: Northern Finland Project – Finland, Hessjogruva Project – Norway
Project location: Finland & Norway
Website: www.capellaminerals.com

Capella Minerals Ltd is an exploration and development company focused on gold-copper projects in northern Finland and copper-cobalt projects in central Norway.
Capella’s northern Finland portfolio consists of 5 gold-copper projects – including the priority and former Anglo American plc Killero East project – all located in the highly prospective Central Lapland Greenstone Belt (Cullen Resources JV).
In Central Norway, Capella holds a 100% interest in the advanced exploration-stage Hessjøgruva copper-cobalt project, in addition to participating (since August, 2024) in a strategic partnership with Teako Minerals in the former Løkken mining district.
Capella’s management team has a wealth of technical and market experience, and a proven track record of success in finding and advancing mineral discoveries. Recent success stories for the Capella team include Mariana Resources Ltd (acquired by Sandstorm Gold in 2017) and Extorre Gold Mines (acquired by Yamana Gold in 2012).
The Company is also fully ESG (Environmental, Social, and Corporate Governance) compliant.

Debt: NIL

Major shareholders:
Institutions 30.0%
Retail 38.8%
Fruchtexpress Grabher GmbH 12.1%
Sandstorm Gold Royalties 8.2%
EMX Royalty Corp 4.6%
Management ownership – 6.3%

Financials

Management Profile

Eric Roth – President, CEO & Director
Mr. Roth (PhD in Economic Geology – University of Western Australia; FAusIMM) is an economic geologist with 35 years of experience in international minerals exploration and mining project evaluation. Prior to Capella, he was Chief Operating Officer of Mariana Resources, which was acquired for its Hot Maden Cu-Au discovery in NE Turkey by Sandstorm Gold for US$175M in July, 2017. Prior to this, Mr. Roth was President and Chief Executive Officer of Extorre Gold Mines Ltd. (discover of the high-grade Cerro Moro deposit in Santa Cruz, Argentina) until Extorre was acquired by Yamana Gold Inc. in June, 2012 for C$440M. Prior to Extorre, he was engaged as a consultant on South American gold projects for Exeter Resource Corp. and Kinross Gold Corp. From January, 2002, to March, 2008, he was employed by AngloGold Ashanti Ltd., initially as the Lima-based Peruvian project and South American opportunities manager and subsequently as the Johannesburg-based Global Head of Greenfields Exploration. During his tenure at AngloGold, the greenfields exploration team brought in over 20+Moz Au in Inferred Resources through new discoveries in Colombia (Colosa, Gramalote), Australia (Tropicana), and the DRC (Mongbwalu).

Karen Davies – VP Shareholder Relations and Corp Dev
Karen Davies has been involved in the mining industry since 2002 with a focus on Senior Investor Relations and Corporate Communications roles. Karen has had extensive experience with a number of exploration and production companies listed on the TSX Venture Exchange including Fortuna Silver Mines Inc., Rye Patch Gold Corp. and Mariana Resources Ltd. before joining Capella Minerals. Karen led various marketing initiatives with public company management teams to assist with equity financings, to secure coverage from all sectors of the investing community, and to implement internal procedures to ensure clear and effective communication to shareholders.

What is your rationale for taking part in 121 Mining Investment?

To update existing investors and to introduce the company to new and potential investors.

What recent news would you like to highlight to investors attending?

Current roll back (Q4 2024), and financing, with proceeds to be used for an upcoming drill program on the Northern Finland Gold-Copper Project.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Roll back completed and financing underway, with proceeds to be used for an upcoming drill program on the Northern Finland Gold-Copper Project.
Three drill-ready targets:
• Killero E and W – historical Anglo American plc
Base of Till (“BoT”) Au-Cu anomalies, never drill
tested, priority drill targets for Capella.
• Saattopora W – extension to former Outokumpu
copper-gold mine
• Expected drilling winter 2025
• Two conceptual gold targets, Jolhikko and Seisunselka
• BoT testing winter 2025

6 Months:

Drill program results on the Northern Finland Project. Drilling, NI 43101 and PEA on Hessjogruva (Norway) in the next 6-12 months, potential for JV partnership on the project.

12 Months:

Continue to drill on the Northern Finland Project, and progress the Hessjogruva project in Norway from drilling to NI 43101 to PEA and then to production. Potential for JV partnership on Hessjogruva

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Markets. Moving forward with progress to show intent to continue to achieve our milestones and goals.

What do you think makes your company such a compelling investment?

Experienced management team that has had many successful take overs. Working in highly prospective countries, Norway, and Finland.

What are the top 3 key investor takeaways?

Management past successes, Working towards drilling on two projects, a NI 43-101 and PEA in Norway. Mining friendly jurisdictions – Finland and Norway