Mr. Fedosiewich is an Honours Bachelor of Commerce graduate who has been involved in the investment industry for over 30 years in a number of senior advisory positions with several prominent investment firms, most recently as first vice-president at CIBC Wood Gundy. He has established, over his successful career, an extensive network across North America of mining executives, experienced high-net-worth junior resource investors and prominent junior resource portfolio managers.
Replay transcript excerpt
So good afternoon, ladies and gentlemen, and thank you for taking the time to learn more about Veeor's exciting story and compelling investment opportunity. Before I begin the formal presentation I'd like to draw your attention to some legal disclaimers. There will be some forward-looking statements. Just quickly about our profile and strategy, we are Quebec-based junior explorer based on strong fundamentals. Our corporate strategy is to provide shareholders with exposure to high potential gold and critical mineral discoveries. Our focus and the focus of this presentation will be on our flagship Belter Gold Project. As everybody is aware here, a discovery is really the key driver for value creation in our industry that's known for a really low success rate. All of our projects are in Quebec, very committed and experienced management and technical team. We have skin in the game. Management owns about 7.3% of the shares outstanding. It was at about 14% 5 weeks ago but you'll soon learn why we were diluted down. Strong financial and technical partners, which include Osisko Mining in Quebec. They are the half owners of the Windfall Project, and the Quebec-based financial institutions, SIDEX, Desjardins, and Quebec government arm, SOQUEM. In addition to our flagship Belter Gold Project, we also have a diversified portfolio of other exploration assets. Our objective with these assets is to use other people's money to fund them, whereby we keep a piece of it, but we receive cash payments, share payments, and a pretty decent work commitment. Just a little bit about our corporate structure. 5 weeks ago, we were 13, $14 million market cap, Quebec Junior with $2.5 million in the bank. Fast forward to today, we just raised 21.83 million in the past 4 weeks. Our current working c...
