RNC Minerals

Website: www.rncminerals.com
Primary ticker: TSX:RNX
Stage of development: Production, Development
Primary minerals: Gold, Nickel
Project to promote: Beta Hunt Mine, Dumont Nickel-Cobalt Project

Live financials

RNC is a multi-asset mineral resource company with a portfolio of nickel, cobalt, and gold production and exploration properties. RNC has a 100% interest in the producing Beta Hunt gold and nickel mine located in Western Australia. RNC has a 28% interest in a nickel joint venture with Waterton that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec which contains the second largest nickel reserve and eighth largest cobalt reserve (the largest undeveloped nickel reserve and second largest undeveloped cobalt reserve in the world. RNC’s common shares trade on the TSX under the symbol RNX. RNC shares also trade on the OTCQX market under the symbol RNKLF).

Management Profile

Mark Selby, President & CEO

Mr. Selby has over 20 years mining industry experience and has been the President and Chief Executive Officer of RNC since February 2014. He joined RNC as Senior Vice President, Business Development in 2010. Mr. Selby was previously Vice President, Business Planning & Market Research with Quadra Mining Inc. (‘‘Quadra’’). From 2001 until 2007, Mr. Selby held a series of senior roles with Inco Limited (“Inco”) culminating with his role as Assistant Vice President Strategic Planning and Corporate Development. Before joining Inco, he was a partner at Mercer Management Consulting from 1994 until 2001. Mr. Selby graduated from Queen’s University with a Bachelor of Commerce (Honours). Mr. Selby is a member of the Advisory Board of Cobalt 27 Capital Corp.


What is your rationale for attending 121 Mining Investment?

RNC is looking to raise investor with respect to a significant gold discovery at its Beta Hunt Mine in Western Australia. RNC also owns a 28% in the joint venture that owns one of the largest undeveloped nickel-cobalt projects in the world, the Dumont Project, located in Canada.

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

– 2019/04/18 – RNC Minerals Closes $12 Million Bought Deal Financing
– 2019/03/26 – RNC Minerals Announces Purchase Option Agreement for Westgold’s Higginsville Mill and Mining Operations
– 2019/02/25 – RNC Minerals Announces Beta Hunt Drilling Update, 2nd High Grade Gold Intersection at Western Flanks

What are your key goals for the next 3, 6 and 12 months?

3 Months:

TBA

6 Months:

TBA

12 Months:

TBA

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

RNC is working to understand the full implications of its recent important gold discovery at the Beta Hunt Mine and the impact this will have on the future potential of the mine. RNC also is working to finance the large-scale Dumont Nickel-Cobalt Project in Quebec, Canada and is currently working on and updated feasibility study to demonstrate the value of the project in today’s market.

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

RNC offers exposure to an exciting new “once-in-a-lifetime” gold discovery in Western Australia and exposure to one of the largest undeveloped battery metals projects in the world.