Corporate structure and share register
Examine parent and subsidiary entities across jurisdictions, voting vs non-voting share classes, and ultimate beneficial ownership (UBO).
7 documents sophisticated investors should examine. Get oriented, then visit Aureus's official referral destination to review the latest available materials.
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Welcome, experienced investor! Did you know gold-mining performance depends on recovery and operating costs? Tip: assess audited figures, permits and liquidity. Thank you for your careful consideration!
Institutional-grade document checklist covering cap tables, audits, and contractual agreements.
Examine parent and subsidiary entities across jurisdictions, voting vs non-voting share classes, and ultimate beneficial ownership (UBO).
Review audited balance sheets, profit-and-loss statements, cash flow statements, and notes by independent certified accounting firms.
Inspect competent persons reports (CPRs), geological block models, drilling intercept logs, and metallurgy recovery tests.
Review concession boundaries, government royalty covenants, smelting and refining off-take agreements, and environmental permits.
Inspect full fully-diluted share counts, outstanding convertibles, warrants, options, liquidation preferences, and anti-dilution rights.
Examine drag-along/tag-along clauses, lock-up periods, choice of governing law, and international arbitration venues (e.g. LCIA, ICC).
Assess geopolitical sovereign risk, currency exposure, key-man dependencies, and environmental remediation bond covenants.