Power Metal Resources and Minestarters usher in a new era of mining finance скачать в хорошем качестве

Power Metal Resources and Minestarters usher in a new era of mining finance

With a FinTech angle, a Web3 dimension and a blockchain platform, the partnership with Minestarters will promote Power Metal Resources (LON:POW) into the next division of operators in the mining sector. “This is a platform that is going to reshape mining financing as we know it, and it's something that is going to in itself create crystallization events separately.” With decentralised finance being adopted by corporations as a funding solution, and an increasingly sophisticated cohort of investors who understand blockchain and its influence on the investment ecosystem, the partnership between Power Metal Resources and Minestarters elevates the listed mining incubator into a new era of project opportunity and finance. The venture sees Power Metal own up to 49% in the business founded by Marc Nally the mining entrepreneur behind Zambia copper producer Moxico Resources. Nally wants to revolutionize mining finance through tokenization and spread investor risk across diversified exploration and development projects while delivering liquidity via Web3. It’s a vision shared by Power’s CEO Sean Wade who first hand has seen capital depart from the mining sector and experienced the pain associated with raising finance to acquire or develop exploration opportunities. Some of his peers have adopted a bitcoin treasury strategy, but Wade views the Minestarters’ model as one that will both act as a conduit to attractive exploration opportunities to add to the portfolio, as well as being a huge value driver in the basket of projects Power currently holds. Wade anticipates Minestarters will become a very substantial part of Power Metal’s overall value. “The opportunity here is to potentially onboard dozens of projects within a year. This is highly scalable and if we are able to raise a good amount of money from the issue of the token then there is a huge opportunity.” “Here is another venture for our business and another string to our bow; a part of our portfolio where we see very, very significant value developing because we think that the amount of capital that can be deployed through Minestarters is going to get our exposure to much, much bigger and much, much better projects than we are able to do from a £20 million market cap with the access to capital that we have at the current time. This will promote us into, we think, the next division of operators in the sector.” Steering Minestarters is Ian Freeman, who is both studious and swift as he oversees the development of what is a hybrid of a mining investment fund and a smart token. He is known for nurturing early stage technology projects into regulated high growth markets. and describes the collaboration with Power Metals as ‘a partner in growth.’ “The initial launch will be a single token,” explains Freeman, “and that single token will represent an institutionally curated number of early stage mining projects. So when you're buying a Minestarters token, what you're actually doing is taking a fractional ownership in a number of projects. He describes Minestarters as being first to market. “We're working at pace with our go-to-market strategy and we're ahead of the game. Part of that go-to-market strategy is to acquire really good early-stage mining products and onboard them onto the platform and we have this wonderful team around us with Marc Nally and his 30 years of experience and his participation in the Moxico success story.” Tokens will be available within six months and while the concept of tokenisation and decentralised finance may seem complex, Wade simplifies the logistics of the Minestarters platform. “There'll be two buttons on the website. One will be I'm a project owner and I would like to talk to you about funding and the other is I would like to buy Minestarters tokens. This is going to be a meeting place between the owner of the project and the funder of it. So it will create a lot more liquidity for early stage mining, but the opportunity for our shareholders here is to be involved in much bigger, much better projects and potentially those that have a greater chance of success.”