Capella Minerals


Primary ticker: TSXV:CMIL, OTXQB:CMLIF, FRA:N7D2
Stage of development: Exploration
Primary minerals: Copper, Gold, Cobalt, Lithium – REE
Project to promote: Lokken, Kjoli, Hessjogruva, ElementX, Phero, Katajavaara- Aakenus, VaSavant Lake, Katajavaara and Aakenus Projects and Domain
Project location: Norway, Finland, Canada

Capella Minerals Ltd is an exploration and development company. Assets in Norway include high-grade copper-cobalt projects in the former Røros (Hessjøgruva-Kjøli) and Løkken mining districts, and the Vaddas-Birtavarre project.

In Finland, the Company’s focus is on lithium and REE at its Perho JV project and the extensive portfolio of properties acquired from elementX. The Company is also exploring the Katajavaara-Aakenus copper-gold JV with Cullen Resources.

Capella also retains gold exploration success through its Savant and Domain JVs in Canada.

Capella’s management team has a proven track record of success include Mariana Resources Ltd (acquired by Sandstorm Gold in 2017) and Extorre Gold Mines (acquired by Yamana Gold in 2012).

Cash: CAD$1M
Debt: NIL

Major shareholders:

Sandstorm Gold Royalties 12.9%
EMX Royalty Corp 7.3%
Float 51.8%
Management Ownership – 9.2%

Management Profile

Eric Roth – President, CEO & Director
Mr. Roth (PhD in Economic Geology – University of Western Australia; FAusIMM) is an economic geologist with 25+ years of experience in international minerals exploration and mining project evaluation. He was most recently Chief Operating Officer of Mariana Resources, which was acquired by Sandstorm Gold in July, 2017, and is currently also a Non-Executive Director of Ivory Coast-focused Awale Resources Ltd. Prior to this, Mr. Roth was Chief Executive Officer of Aegean Metals Group Inc. (acquirer of the high-grade Hot Maden project in Turkey), and President and Chief Executive Officer and then Director of Extorre Gold Mines Ltd. (discover of the high-grade Cerro Moro deposit in Santa Cruz) until Extorre was acquired by Yamana Gold Inc. in June, 2012. 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 (Mongwalu). He is also a principal of consulting firm ER Global Consulting SA.
Karen Davies – VP Investor Relations
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 stakeholders.

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?

Our newest acquisition of Lithium-REE projects in Finland, attaining drilling permits for programs in Norway

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Gaining NI 43-101/PreFeasibility on our newest Norwegian project, Hessjogruva. Drilling in Norway. Working on our new Lithium-REE projects in Finland. Drilling with our JV partners in Canada

6 Months:
Drilling in Norway and in Finland. Drilling with our JV partners in Canada

12 Months:
Drilling in Norway and Finland. Drilling with our JV partners in Canada

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

Covid has been challenging but we are seeing things finally moving back to new normal

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

In highly prospective countries, Norway, Sweden, Finland, and Canada. Have experience management team.

What are the top 3 key investor takeaways?

Management past successes, Working towards drilling on 6 projects
over 2022 , Mining friendly jurisdictions – Finland, Norway and Canada