Horizon Copper
Primary ticker: TSXV:HCU OTCQX:HNCUF
Stage of development: Development, Production
Primary minerals:Copper
Project to promote: Antamina, Hod Madan, Oyu Tolgoi (Hugo North Ext)
Project location: Peru, Türkiye, Mongolia
Website: www.horizoncopper.com
Horizon Copper is a premier copper company holding a portfolio of unparalleled copper assets including a 1.66% net profits interest on the Antamina copper mine, exposure to the Oyu Tolgoi copper mine through a 24% equity ownership in Entrée Resources Ltd., and a 30% interest in the copper-gold Hod Maden project. Horizon plans to actively grow its portfolio of assets with a focus on copper projects.
Cash: USD 14M
Debt: USD 181M
Major shareholders:
Sandstorm Gold Ltd. – 34%
Management Ownership – 7.3%
Financials
Management Profile
Since 2011, Mr. Kazemi has held the role of CFO at Sandstorm Gold Royalties helping raise over a billion dollars in equity and debt financing, playing a critical role in the company’s success. Mr. Kazemi is a CPA (CA), a CFA charter holder, and a graduate of UBC with a degree in Mathematics. He has been recognized as one of Canada’s Top 40 under 40, named by the Globe and Mail as one of Canada’s 50 best executives, awarded Business in Vancouver’s CFO of the Year, the Institute of Chartered Accountants of British Columbia’s Early Achievement Award and Community Service Award, and the UBC Alumni Association’s Outstanding Student of the Year Award.
What is your rationale for taking part in 121 Mining Investment?
What recent news would you like to highlight to investors attending?
Sep 10, 2024 — Horizon Copper Strengthens Financing Capacity with $30 Million Revolving Credit Facility Plus $20 Million Accordion Feature
April 4, 2024 — Horizon Copper Begins to Trade Shares on the OTCQX
March 18, 2024 — Horizon Copper Provides Portfolio Updates
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Build awareness of the new company amongst the investing public.
6 Months:
Advancements of asset portfolio: Underground development at Hugo North Extension, Construction decision at Hod Maden
12 Months:
12–24 months: Further transactions that will grow the existing portfolio of copper assets
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
What do you think makes your company such a compelling investment?
2) World-class funding partner in Sandstorm Gold Royalties
3) Financial leverage with favourable terms—below-market debt interest rates and non-dilutive conversion features
What are the top 3 key investor takeaways?
1) Compelling risk-reward exposure to future copper price environment
2) Growing portfolio of copper assets in first quartile of cost curve: two assets in production, one in construction
3) Backed by one of the largest royalty companies in the world (Sandstorm Gold Royalties)