Kingsrose Mining

Financials:

Primary ticker: ASX:KRM
Stage of development: Exploration
Primary minerals: Nickel, Copper, PGE
Projects to promote: Penikat & Rana
Project locations: Finland & Norway
Website: www.kingsrose.com

Corporate presentation: Click here

Corporate video: Click here

At Kingsrose we aim to discover critical mineral deposits to decarbonise the European energy system and to develop these resources as a force for good within local communities and the environment.
Kingsrose is listed on the Australian Stock Exchange (ASX:KRM) and is building a portfolio of high-quality critical minerals exploration projects (nickel, copper, PGE) in the Nordic region.
We are motivated to set a new standard in responsible minerals exploration. With a commitment to technical excellence, exemplary environmental stewardship, and proactive stakeholder engagement.
Kingsrose reflects these values through transparent disclosure and is working towards independent sustainability reporting and accreditation.

Cash: AUD$33.8M
Debt: NIL

Major shareholders:

Citicorp Nominees Pty Limited – 22.03%
City Securities Ltd – 9.01%
Mr Michael John Andrews – 8.88%
BNP Paribas Noms Pty Ltd – 7.42%
HSBC Custody Nominees (Australia) Limited – 2.49%
Management ownership – 10.5%

Management Profile

Fabian Baker – Managing Director

Managing Director, Fabian Baker, is a geologist with a blend of exploration and corporate experience. Since joining Kingsrose in February 2021, Fabian has evolved the Company to a discovery focused strategy, resulting in the acquisition of two drill proven PGE-Ni-Cu projects in Finland and Norway, and building a team with a track-record of excellence in exploration and sustainability. Prior to his position at Kingsrose, he was the founder and CEO of Tethyan Resource Corp which was acquired by ASX and LSE listed company Adriatic Metals Plc, and Chief Geologist at Lydian International where he was integral to the development of the 5 MOz Amulsar gold deposit.

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

Our rationale for attending 121 is to continue developing our shareholder base to support our new discovery focused strategy, as well as seek out project or company level transactions to build our exploration pipeline.

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

4 October 2022 – Agreement for Sale of Way Linggo
28 June 2022 – Exploration Target Estimated for the Penikat Project, Finland
18 January 2023 – Selection to BHP Xplor Program
4 September 2023 – Drilling Results at Rana

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

3 Months:
Deliver positive nickel-copper drilling results at Rana.

6 Months:
Enter a JV with a major mining company to explore our regional nickel projects in Norway and Finland.

12 Months:
Commence drilling on our flagship Penikat project which represents the highest grade PGE exploration project globally.

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

Changing the image of the industry to a responsible and sustainable one is a challenge for all mining companies at present. Kingsrose is dedicated to working in partnership with other industry players to drive forward the industry in all ESG matters.

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

Kingsrose is a well-funded, discovery-focused Company with technical excellence and
disciplined project delivery, exemplary ESG standards, and a team with a track-record of excellence in exploration and sustainability.

What are the top 3 key investor takeaways?

Two high-grade Nordic PGE-nickel-copper projects aligning the Company with the EU green deal goals.
An exceptional team with a history of success in project discovery, growth and delivering value to the market.
Well capitalised with $27.6M cash and no debt.