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Past deals in Metals and Mining

Canada Nickel Company

Grant in 2025
Canada Nickel Company is focused on the exploration and development of nickel sulfide assets, primarily targeting the electric vehicle, green energy, and stainless steel markets. The company is advancing its Crawford Nickel-Cobalt Sulphide Project, which is situated in the Timmins-Cochrane mining camp and represents its flagship asset. Canada Nickel is dedicated to achieving zero-carbon production of nickel, cobalt, and iron through its initiative with NetZero Metals Inc. The company has sought trademarks for NetZero Nickel, NetZero Cobalt, and NetZero Iron, underpinning its commitment to sustainable practices. By operating in stable jurisdictions with low political risk, Canada Nickel aims to provide investors with robust exposure to the growing demand for nickel and cobalt in environmentally friendly applications.

Fireweed Metals

Grant in 2024
Fireweed Metals is a Canadian mining exploration and development company focused on the acquisition and advancement of mineral assets, primarily in northern Canada. The company is centered around the Macmillan Pass Project, which contains significant zinc-lead-silver deposits at the Tom and Jason sites. In addition to the Macmillan Pass Project, Fireweed Metals also owns the Mactung Project and the Gayna River Zinc Project. The company is led by a veteran management team with a proven track record in exploration, development, financing, and operations. Fireweed Metals aims to create value for its shareholders by developing these projects into a leading base metals company.

Generation Mining

Grant in 2024
Generation Mining Limited is a mineral development company based in Toronto, Canada, incorporated in 2018. The company specializes in exploring and developing base and precious metal deposits across Canada, with a particular focus on zinc, molybdenum, platinum group metals, copper, gold, tungsten, diamond, silver, lead, palladium, and other minerals. Its primary asset is the Marathon Palladium-Copper Project, located in north-western Ontario, which covers an area of 22,000 hectares. The company completed a Preliminary Economic Assessment for this project in early 2020 and plans to conduct further feasibility studies.

Rock Tech Lithium

Grant in 2024
Rock Tech Lithium Inc. is a mineral exploration company headquartered in Vancouver, Canada, dedicated to the lithium industry. The company holds a 100% interest in the Georgia Lake lithium project, which spans approximately 4,590 hectares in the Thunder Bay Mining District of Ontario. This project features lithium-bearing spodumene in pegmatites located northeast of Thunder Bay. Rock Tech is also focused on developing high-quality battery-grade lithium hydroxide monohydrate, planning to establish multiple manufacturing plants in Europe and North America, starting with a proposed facility in Guben, Germany. Additionally, the company has an option to acquire a 100% interest in the El Nogalito lithium project in Sonora, Mexico.

Glencore Canada

Grant in 2024
Glencore Canada is a natural resources company that offers mining, processing, smelting and recycling operations and projects. It is a subsidary of Glencore.

APF Villeneuve

Grant in 2024
APF Villeneuve produces industrial metal components.

Ucore Rare Metals

Grant in 2023
Ucore Rare Metals Inc. is a Canadian company specializing in the exploration and separation of rare earth elements (REEs) and other critical metals, such as nickel, cobalt, and lithium. The company holds a 100% interest in the Bokan Mountain/Dotson Ridge property located on Prince of Wales Island, Alaska. Ucore is focused on developing its proprietary RapidSX process, which allows for low-cost separation and purification of these metals through an accelerated solvent extraction method. Additionally, Ucore is committed to responsible resource development, aligning its operations with environmental, social, and governance (ESG) principles. The company is headquartered in Halifax, Canada, and also operates a wholly-owned subsidiary, Innovation Metals Corp., which aids in commercializing its advanced separation technology for the mining and metals extraction industry.

KSM

Grant in 2023
KSM specializes in the production of potassium-based fertilizers, including potassium sulfate (SOP) and potassium magnesium sulfate (SOPM). Utilizing a patented process, they convert abundant mine tailings into these products, along with hydrochloric acid as a byproduct.

Canadian Materials Testing Bureau

Grant in 2023
Canadian Materials Testing Bureau provides metallurgical testing and engineering services.

Geomega Resources

Grant in 2023
GéoMégA, which owns 100% of both the Montviel lanthanides/niobium project and the Anik gold exploration project, is a mineral exploration and development company focused on the discovery and sustainable development of economic deposits in Québec. GéoMégA is committed to meeting Canadian mining industry standards and distinguishing itself with its innovative engineering, stakeholder’s engagement and its dedication to local transformation benefits.

E3 Lithium

Grant in 2023
E3 Lithium is a lithium resource and technology company based in Alberta, Canada, focused on developing technology for extracting lithium from Alberta brines. It is involved in the Clearwater project and exploration in the Leduc Reservoir, leveraging the mature oil and gas industry to accelerate development.

E3 Lithium

Grant in 2022
E3 Lithium is a lithium resource and technology company based in Alberta, Canada, focused on developing technology for extracting lithium from Alberta brines. It is involved in the Clearwater project and exploration in the Leduc Reservoir, leveraging the mature oil and gas industry to accelerate development.

Produits métalliques A.T. inc. (Les)

Debt Financing in 2022
Founded in 1973, Les Produits métalliques A.T. is a Matane-based manufacturer specializing in snow removal equipment for customers in Eastern Canada. The company employs approximately 40 individuals and offers a range of products, including snow scratchers, spreaders, and harnesses, as well as gravel dumpsters and trailers. These machines are designed to aid in the efficient removal of snow, gravel, and other materials from roadways, contributing to improved safety and accessibility during winter conditions.

Hi-Tec Profiles

Grant in 2019
Hi-Tec Profiles Inc. is a Canadian manufacturer based in Regina, specializing in custom metal fabrication services for various industrial sectors, including mining, power, and agriculture. Founded in 1995, the company began with a modest 12,000-square-foot facility and a small team. Over the years, Hi-Tec Profiles has expanded its capabilities to include advanced services such as laser cutting, tube laser, plasma cutting, bending, and kitting. The company focuses on providing precise and accurate fabrication tailored to the specifications of its clients, which include large agricultural implements, electrical transformers, and equipment for potash mines and steel mills. Today, Hi-Tec Profiles stands as a significant player in the steel processing industry, offering comprehensive inventory management and custom design services to support its clients' diverse needs.

Jetti Resources

Grant in 2019
Founded in 2014, Jetti Resources specializes in hydrometallurgical technology for extracting metals from mineral ores. Its proprietary catalytic process is used to efficiently recover copper from low-grade primary sulfides like chalcopyrite, making it a cost-effective and environmentally responsible solution.

FjordAl Aluminium

Grant in 2019
FjordAl Aluminium Inc. is a manufacturer based in Saguenay, Canada, specializing in the production of high-quality aluminum redraw rods. Founded in 2017, the company serves various sectors, including mechanical, welding, and electrical applications, primarily within the metallurgical industry. FjordAl produces aluminum rods with high silicon or magnesium content, which are particularly sought after for sheathing commercial and industrial electrical cables. By mastering continuous casting and hot rolling processes, the company provides both standard and specialized products to meet the specific needs of its clients in the metallurgy sector. With a dedicated workforce of around 20 employees, FjordAl Aluminium is committed to delivering premium products that enhance the performance and reliability of aluminum applications.

Pro-Mec Élite

Debt Financing in 2019
Pro-Mec Élite specializes in the production of wrought metal and steel structures for bridges and steel buildings. Their products include wrought metals, steel structures, walkways and stairs, structural steel bridges, bridge beams, and orthotropic decks. They use 3D modelling and scheduling software to optimize the work.

Laserax

Debt Financing in 2019
Laserax designs and manufactures industrial laser systems for marking, cutting, welding, cleaning, and texturing across automotive, primary metals, and other manufacturing markets. It offers turnkey machines and OEM systems with high-speed marking in large workfields, safe operation, fume extraction, and performance optimization, plus laser process development and on-site support services. The company also provides custom laser solutions tailored to applications such as laser marking and traceability, materials-specific marking, and label-type marking. Its products serve aluminum, steel, die casting, extrusion, and general manufacturing industries. Founded in 2010 and based in Québec, Canada, Laserax supports customers with on-site support and safety assurances.

Produits métalliques Pouliot Machinerie

Debt Financing in 2019
Produits métalliques Pouliot Machinerie, established in 1951, is a manufacturer based in Rimouski, Quebec, specializing in the design, engineering, and production of steel structures. With a workforce of approximately 40 employees, the company focuses on creating modular prefab buildings, conventional and lattice structures, as well as freestanding towers. PMI Steel Products is committed to delivering high-quality metal solutions tailored to the needs of its clients while maintaining a strong presence in the local manufacturing sector.

SolarSteam

Pre Seed Round in 2018
SolarSteam is a hardtech startup developing renewable solar thermal technology to reduce rising costs and emissions in industrial heat generation. The company develops a modular solar thermal system that delivers scalable, cost-effective heat from renewable energy. Its proprietary, patented technology aims to outperform fossil fuels on cost without subsidies, helping industrial manufacturers and processors cut emissions and lower energy expenses.

Eurospec Manufacturing

Grant in 2017
Eurospec Manufacturing, Inc. is a full-service manufacturer specializing in the design and production of prototype parts, dies, tools, metal stampings, and assemblies for the automotive industry. Established in 1985, the company operates from a modern 100,000 square foot facility in Newmarket, Ontario, employing approximately 170 skilled personnel. Eurospec serves a global clientele across North America, Europe, and Asia, focusing on delivering innovative and cost-effective solutions to meet the evolving needs of automotive manufacturers. The company emphasizes a blend of traditional craftsmanship and modern technology, ensuring high-quality production and a commitment to customer satisfaction.

Laserax

Seed Round in 2014
Laserax designs and manufactures industrial laser systems for marking, cutting, welding, cleaning, and texturing across automotive, primary metals, and other manufacturing markets. It offers turnkey machines and OEM systems with high-speed marking in large workfields, safe operation, fume extraction, and performance optimization, plus laser process development and on-site support services. The company also provides custom laser solutions tailored to applications such as laser marking and traceability, materials-specific marking, and label-type marking. Its products serve aluminum, steel, die casting, extrusion, and general manufacturing industries. Founded in 2010 and based in Québec, Canada, Laserax supports customers with on-site support and safety assurances.

Produits métalliques A.T. inc. (Les)

Debt Financing in 2013
Founded in 1973, Les Produits métalliques A.T. is a Matane-based manufacturer specializing in snow removal equipment for customers in Eastern Canada. The company employs approximately 40 individuals and offers a range of products, including snow scratchers, spreaders, and harnesses, as well as gravel dumpsters and trailers. These machines are designed to aid in the efficient removal of snow, gravel, and other materials from roadways, contributing to improved safety and accessibility during winter conditions.

CVT Corp

Debt Financing in 2009
CVT Corp. is an international technology company that specializes in the development, manufacturing, and marketing of continuously variable transmissions (CVTs). These advanced transmission systems are utilized across various industries, including power generation, oil and gas, mining, farming, and off-road equipment. The company serves a diverse customer base across multiple regions, including Canada, the United States, South America, Europe, Africa, Asia, and Australia. Founded in 2001 and originally known as S.O.E. Technologies, CVT Corp. rebranded in June 2007 and is headquartered in Sainte-Julie, Canada.

CVT Corp

Debt Financing in 2008
CVT Corp. is an international technology company that specializes in the development, manufacturing, and marketing of continuously variable transmissions (CVTs). These advanced transmission systems are utilized across various industries, including power generation, oil and gas, mining, farming, and off-road equipment. The company serves a diverse customer base across multiple regions, including Canada, the United States, South America, Europe, Africa, Asia, and Australia. Founded in 2001 and originally known as S.O.E. Technologies, CVT Corp. rebranded in June 2007 and is headquartered in Sainte-Julie, Canada.
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