Kootenay Silver
Financials:
Primary ticker: TSXV:KTN
Stage of development: Exploration
Primary minerals: Silver
Project to promote: Columba
Project location: Mexico
Website: www.kootenaysilver.com
Kootenay Silver Inc. is a Canadian and Mexican based silver exploration company actively engaged in the development of several major silver projects in Mexico, including the Columba and La Cigarra silver projects in Chihuahua, the Promontorio and La Negra silver projects in Sonora, and the Copalito high grade silver gold project in Sinaloa. The Company has a leading growth profile highlighted by one of the largest junior owned silver asset bases in Mexico and a large generative portfolio of precious metals exploration projects located in both Canada and Mexico.
Cash: CAD$6.5M
Debt: Nil
Major shareholders:
Eric Sprott – ~9%
Condire Investments – 9%
Institutions – 30%
Management Ownership – 4%
Management Profile
Raj Kang – CFO
Mr. Kang has over 25 years of financial experience and has held various senior financial positions within public and private companies including, Salares Lithium, Gryphon Gold, Star Shipping and Steppe Gold. He brings a extensive knowledge of finance, regulatory, accounting and public markets. Mr. Kang holds a CPA, CMA designation obtained in Canada and an HND in Business and Finance, obtained in the UK.
Mr. Kang has over 25 years of financial experience and has held various senior financial positions within public and private companies including, Salares Lithium, Gryphon Gold, Star Shipping and Steppe Gold. He brings a extensive knowledge of finance, regulatory, accounting and public markets. Mr. Kang holds a CPA, CMA designation obtained in Canada and an HND in Business and Finance, obtained in the UK.
What recent news would you like to highlight to investors attending?
9 March 2022 – Closing of $6.25M Private Placement
22 March 2022 – Strong Drill Results from the Kootenay-Aztec JV Project, Cervantes
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Begin drilling at Columba Silver Project
6 Months:
Complete 15,000 meter drill program at Columba
12 Months:
Advance Columba toward maiden resource
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
As we rely on equity financing to fund our projects the biggest risk comes form market conditions. Through proactive financing we are currently fully funding for the company’s large 2022 drill program.
What do you think makes your company such a compelling investment?
With strong management and one of the largest junior owned silver resource bases in Mexico, Kootenay Silver is in a position to greatly increase valuation through its excellent high grade discoveries.
What are the top 3 key investor takeaways?
Large silver resource base
Significant potential for resource growth through drilling and high grade discoveries
Relative low valuation on a per ounce resource base as compared to peers.