Mining Exploration Finance Advisory
We raise capital for exploration programs from seed through drill campaigns and into resource definition. Routes include private placements, farm-in and joint venture structures, royalties and streaming, and government incentive pathways. We build a clean data room, underwrite the case, and distribute to aligned investors.
Pricing Upfront
Starter Exploration Raise
For raises up to USD 3,000,000
- Engagement retainer: USD 15,000
- Success fee: 6.0% cash equity or 3.0% on strategic equity
- Warrant coverage: up to 1.0% where customary
Growth Drill Campaign
For raises USD 3,000,001 to USD 15,000,000
- Engagement retainer: USD 25,000
- Success fee: 5.0% cash equity, 2.5% on royalties or streams
- Work fee creditable against success at close
Institutional Program
For raises above USD 15,000,000
- Monthly advisory: USD 12,500 for 3 months
- Success fee: 3.5% equity, 2.0% on royalties or streams, 1.5% on JV commitments
- Equity participation or warrants by agreement
Bank and exchange fees are handled with the issuing bank, broker, or exchange and are outside our scope. Retainers are non refundable. Success fees are due at funding.
Capital Routes We Execute
Private Placements
Seed and follow-on equity with HNW, family offices, and specialist funds. Converts and warrants where appropriate to reward risk.
Farm-in And Joint Ventures
Earn-in funding tied to meters drilled or milestones. Negotiation of operatorship, carried interests, and step-in rights with majors and mid tiers.
Royalties And Streaming
Early cash from royalty or stream partners while preserving upside. Caps, step downs, and buyback options to protect the project.
Public Equity Readiness
Advisory for TSX-V, ASX, or AIM placements. Syndicate selection, escrow planning, and disclosure mapping with counsel.
Government Incentives
Identification of grants, exploration credits, and flow-through share structures where available. Packaging with private capital to extend runway.
Vendor And Contractor Support
Deferred payments, equity for service, equipment leasing, and offtake-linked prepayments where credible counterparties exist.
Our Process
1
Underwriting And Positioning
We review geology, permits, ESG risks, team, work program, and cost per meter. A clear funding case and valuation guardrails are set.
2
Data Room And Materials
Term sheet, deck, 12 month use of proceeds, drill plan, budget, ESG memo, and corporate docs. Everything investors ask for in one place.
3
Investor Outreach
Targeted distribution to specialist funds, family offices, royalty and streaming firms, and potential JV partners. NDA workflow managed by us.
4
Terms, Diligence, And Close
We negotiate valuation, milestones, and protections. Counsel finalizes documents. Funds move to escrow. Close and announce.
Who We Can Help
Typical Mandates
- USD 2M to USD 25M for drill programs and resource definition
- Battery metals, gold, copper, PGMs, and select industrials
- Tier 1 and Tier 2 jurisdictions with clear permit path
Key Requirements
- Competent Person sign off or equivalent
- Licenses in good standing and ESG baseline
- Board and advisors aligned on funding plan
Start Your Exploration Raise
Send your geology summary, license status, drill plan, budget, and target raise. We will respond with a structure and timeline.
Request A Proposal
Financely acts as arranger and advisor. Financely is not a broker dealer and does not provide legal or tax advice. All engagements require KYC and AML checks, and all raises are subject to investor due diligence and market conditions. This page is indicative and not an offer to sell securities.