leadf
logo-loader
LSE:TRR

Trident Royalties PLC

Receive alerts
Market:
LSE
Market Cap:
£32.09 m
Price
31.00 GBX
Change
5.08%
52 weeks high
34.00
52 weeks low
15.00

Strategy

Trident plans to rapidly establish itself as a diversified mining royalty and streaming company, providing investors with exposure to base and precious metals, bulk materials (excluding thermal coal) and battery metals.

 

Trident plans to rapidly establish itself as a diversified mining royalty company, providing investors with exposure to a mix of base and precious metals, bulk materials (excluding coal) and battery metals.

 

Trident believes that the acquisition and aggregation of individual royalties and streams has the potential to deliver strong returns for shareholders as assets are acquired on terms reflective of single asset risk compared with the lower risk profile of a diversified, larger scale portfolio, including diversity as to geography (lowering geopolitical risks) and commodity exposure.

Once scale has been achieved, the Company expects strong cash generation to support an attractive dividend policy, providing investors with a desirable mix of inflation protection (through exposure to commodities), capital growth and income, with returns enhanced through conservative levels of leverage.

Board & Management

Trident has assembled a strong team with the requisite experience and technical and financial acumen to successfully execute on the proposed strategy.

 

James Kelly

Non-Executive Chairman

James Kelly has nearly 20 years’ experience in the mining and natural resource industry, with extensive experience in corporate finance, strategy and capital allocation. James was a senior member of the Xstrata Plc group business development team and following the merger with Glencore Plc, was part of the team which founded Greenstone Resources LP, a mining private equity fund focused on post-exploration development assets.

James served as an Executive Director of ASX listed Cradle Resources Limited from May 2016 to July 2017 having been appointed a Non-Executive Director in February 2016. James is a Fellow of the Institute of Chartered Accountants of England and Wales and holds a BA (Hons) from University College London.

James serves as Chairman of the Nominations Committee and sits on the Audit and Remuneration Committees.

 

Adam Davidson

Chief Executive Officer

Adam Davidson has over 10 years of experience in the natural resources sector, most recently with Resource Capital Funds, a leading mining-focused private equity firm. Prior to RCF, Adam held positions with BMO Capital Markets in Metals & Mining Equity Research and with Orica Mining Services in Strategic Planning. He has extensive mining capital markets experience across a breadth of jurisdictions and commodities. Adam began his career with T. Rowe Price and also served in the U.S. Marine Corps.

Adam is a graduate of the Australian Institute of Company Directors and previously served as a Non-Executive Director of private gold producer RG Gold. He earned his MBA from the College of William & Mary and completed a post-graduate in Mining Studies from the University of Arizona.

 

Mark Potter

Non-Executive Director

Mark Potter has over 14 years’ experience in natural resources investments. Mark currently serves as the Chief Investment Officer of Metal Tiger Plc (AIM: MTR), is the Founder and a Partner of Sita Capital Partners LLP, an investment management and advisory firm specialising in investments in the mining industry and is a Non-Executive Director for ASX-listed Artemis Resources.

Mark was formerly a Director and Chief Investment Officer of Anglo Pacific Group Plc, a London listed natural resources royalty company, where he successfully led a turnaround of the business through the acquisition of new royalties, disposal of non-core assets, and successful equity and debt fundraisings.

Prior to Anglo Pacific, Mark was a founding member and Investment Principal for Audley Capital Advisors LLP, a London based activist hedge fund, where he was responsible for managing all UK listed and natural resources investments.

Mark graduated with an MA degree in Engineering and Management Studies from Trinity College, University of Cambridge.

Mark serves as Chairman of the Audit Committee and sits on the Remuneration and Nominations Committees

 

Albert Gourley

Non-Executive Director

Mr Gourley is the London Managing Partner of Fasken Martineau, an international law firm, where his practise focuses on finance and asset transactions in the natural resource industry. Mr. Gourley has served as a director of several TSX, TSX-V and AIM mining and mineral exploration companies, including a company that was acquired by Franco-Nevada for its gold royalty on the Newmont Ahafo Mine in Ghana. Mr. Gourley has direct mining industry experience having worked for the Noranda Group (1992 to 1995) and having served as CEO of an AIM-listed industrial mineral producer (2011 to 2012).

Mr. Gourley is a member of the Solicitors Regulatory Authority (England and Wales), a member of the Ontario Law Society and Chairman of the Board of the World Association of Mining Lawyers (WAOML), whose Advisory Council he led from the date of its formation in 2014 until 2018. Mr. Gourley holds a BBA from Schulich School of Business and an LLB from the University of Ottawa.

Al serves as Chairman of the Remuneration Committee and site on the Audit and Nominations Committees

 

Tyron Rees

Vice-President Corporate Development

Mr Rees has over 10 years’ experience in the natural resources sector, most recently with Resource Capital Funds (RCF), a mining focused private equity firm. Prior to RCF, Tyron held various roles with Sandfire Resources and Newmont Goldcorp in a technical capacity as a Metallurgical Engineer.

Tyron is a graduate of the Australian Institute of Company Directors, is a CFA Charterholder, holds a Master of Finance from Charles Sturt University and graduated with a Bachelor of Engineering in Minerals Engineering.

AIM Broker

Tamesis Partners LLP
125 Old Broad Street
London, EC2N 1AR
United Kingdom

Nominated Adviser

Grant Thornton UK LLP
30 Finsbury Square
London, EC2A 1AG
United Kingdom

Financial Advisers and Corporate Directory

Financial Advisers

Trident is assisted in its sourcing and evaluation of royalty and streaming opportunities by Tamesis Partners, Azure Capital and Ashanti Capital, leading natural resources advisory houses, supporting the Company’s board of directors and management team with a deep network of global industry relationships and execution capability.

Tamesis Partners was founded in June 2016 as a specialist equity capital markets and advisory house with a focus on the mining sector. Collectively, the Tamesis Partners team have decades of shared experience in mining finance from market leading firms, including GMP Securities, Barclays Capital, Cazenove, J.P. Morgan, Ambrian Partners.

www.tamesispartners.com

 

Azure Capital is a leading Australian corporate advisory firm with offices in Perth and Brisbane. Established in 2004, Azure Capital provides a range of advisory services, including M&A, capital markets, debt financing, and growth capital for earlier-stage clients. Azure Capital is consistently ranked as a Top 10 Australia mining & metals M&A adviser.

www.azurecapital.com.au

 

Ashanti Capital is an institutional stockbroking and advisory firm with offices in Perth and Hong Kong. Ashanti services the institutional and wholesale investment markets, both in Australia and across Asia. Its strength lies in their extensive distribution networks in these markets.

www.ashanticapital.com.au

 

Corporate Directory

Company Secretary

Silvertree Partners LLP
20 North Audley Street
London W1K 6LX
United Kingdom

Registered Office

2 Stone Buildings 
Lincoln’s Inn
London WC2A 3TH 
United Kingdom

Contacts

Trident Resources Plc
+44 (0)20 3004 9512
info@tridentresources.co.uk

Yellow Jersey PR Limited
Tel +44 (0)20 3004 9512
Trident@yellowjerseypr.com

Financial PR

Yellow Jersey PR Limited
70-71 Wells Street
London W1T 3QE
United Kingdom

Legal Advisor

Bryan Cave Leighton Paisner
Adelaide House
London Bridge
London EC4R 9HA
United Kingdom

Nominated Adviser

Grant Thornton UK LLP
30 Finsbury Square
London, EC2A 1AG
United Kingdom

AIM Broker

Tamesis Partners LLP
125 Old Broad Street
London, EC2N 1AR
United Kingdom 

Auditors and Reporting Accountants

PKF Littlejohn LLP
1 Westferry Circus
London, E14 4HD 
United Kingdom 

Registrar

Neville Registrars
Neville House
18 Laurel Lane
Halesowen, B63 3DA
United Kingdom