With mining stocks lagging the world share indices and bank financing still difficult to achieve, conventional funding routes for mining companies are closed or problematic for now. Because of this, the current high levels of interest from the global mining community in sources of alternative funding is no surprise, but what are the options and risks, the opportunities and experiences of those seeking alternative funding?
From our findings and experience we have identified:
The due diligence requirements for alternative finance sources differ from those of a pure equity raise. We examine the information requirements of major alternative finance sources and the level of intrusion on management.