SRG is a Canadian-based mining company, backed by the $1.4bn La Mancha Fund, focused on developing the Lola Graphite Project located in the Republic of Guinea, West Africa. The Lola Graphite Project has Probable Reserves of 42Mt at a grade of 4.2% Cg. SRG aims to develop a fully integrated source of battery anode material to supply the European lithium-ion and fuel cell markets. With attractive operating costs, proximity to European end-markets and strong ESG credentials, the Company is poised to become a reliable supplier while promoting sustainability and supply chain transparency. SRG is committed to generating sustainable, long-term benefits that are shared with the host countries and communities where it operates.
Cash: CAD$14M (30 June 2022)
Debt: NIL (30 June 2022)
La Mancha Fund – 24.1%
Sama Resources – 13.3%
Coris Bank – 11.1%
Matthieu Bos – President and Chief Executive Officer
Matthieu Bos’s career spans over 14 years in investment banking and mining in Europe and Africa, highlighted by an eight-year tenure at Ivanhoe Mines. During his most recent role as Executive Vice-President Africa, Matthieu was a key member of the team that delivered the world-class Kamoa-Kakula Copper Project in the Democratic Republic of the Congo. During this period, he was actively involved in US$3 billion in equity and debt financings from various strategic and institutional investors in addition to working on government relations and strategic corporate development. Prior to joining Ivanhoe, Matthieu was employed by BMO Capital Markets in the Metals and Mining Division in London. In addition to earning a BSc majoring in applied earth sciences, Matthieu holds a MSc majoring in metallurgical engineering from Delft University of Technology, the Netherlands.
10 June 2022 – SRG Mining Inc. Announces AGM Results.
18 May 2022 – SRG Mining Announces Strategic Corporate Update. Updated Feasibility Study Underway To Double Mine Production. Second Transformation CSPG Preliminary Economic Assessment Also Awarded.
25 April 2022 – SRG Announces Conversion of Sprott Convertible Debt.
Updated Feasibility Study that underpins a doubling of target production (Q4 2022)
Offtake and financing packages and Preliminary Economic Assessment on vertical integration (Q1 2023)
Mobilisation and commencement of construction (H2 2023)
Key risks are offtake, financing and human resources. The collective experience of our management team, board and cornerstone investor easily supports our credentials as company builders.
Experienced management team, strong shareholders (La Mancha Fund) and short time line production make SRG an attractive speculation at this point in time.
Graphite anodes are a key and overlooked part of the battery
Strong management team and key shareholders focused on project delivery
Poised to grow in a major direct supplier of active anode material to Western end users