Bergen Asset Management

Bergen Asset Management, LLC is a New York-based global asset management firm that specializes in equity investments in high-growth publicly traded and private companies, with a primary focus on markets outside the United States. The firm adopts a sector-agnostic approach, allowing it to explore a diverse range of industries. However, it particularly favors sectors that demonstrate the potential for above-market medium-term appreciation, reflecting its strategic investment philosophy.

Cory Burns

CFO and COO

Petre Norton

Principal

Past deals in Mining

Titanium Sands

Post in 2022
Titanium Sands Limited is an Australian company focused on exploring and developing high-grade heavy mineral sand resources. It holds a 100% interest in the Mannar Island heavy mineral sands project, which comprises nine exploration licenses covering approximately 204 square kilometers in northwest Sri Lanka. The company aims to define and develop valuable and easily mineable deposits of heavy minerals, primarily ilmenite and leucoxene, that have been transported to the coast by river systems from ancient metamorphic rocks. Incorporated in 1985 and originally named Windimurra Vanadium Limited, the company rebranded to Titanium Sands Limited in December 2016 and is headquartered in Perth, Australia.

Northern Lights Resources

Post in 2021
Northern Lights Resources Corp. is a mineral exploration and development company focused on acquiring and evaluating resource properties in the United States. The company specializes in the exploration of gold, silver, zinc, and lead deposits. It holds a 100% interest in the Medicine Springs Project located in southeastern Elko County, Nevada, and has an option to acquire a 100% interest in the Secret Pass Gold Project, which encompasses 84 unpatented lode mining claims covering approximately 655.6 hectares in northwestern Arizona. Founded in 2007 and headquartered in Vancouver, Canada, Northern Lights Resources was previously known as Northern Lights Uranium Corp. before changing its name in April 2008.

Sayona Mining

Post in 2020
Sayona Mining Limited is a mineral exploration and development company based in Paddington, Australia, with a focus on identifying, acquiring, and evaluating mineral assets primarily in Australia and Canada. The company specializes in lithium and graphite exploration, with its flagship project being the Authier Lithium Project located in Quebec, Canada. Sayona also holds interests in several other projects, including the Tansim project, which encompasses 282 mineral claims in Quebec, and the East Kimberley Graphite Project and West Australian Lithium Project. Originally established in 2000 as DiamonEx Limited, the company rebranded to Sayona Mining Limited in May 2013. In addition to its mining activities, Sayona is committed to contributing to the local economy and creating job opportunities in the regions where it operates.

Tertiary Minerals

Post in 2020
Tertiary Minerals plc is a mineral exploration and development company focused on identifying, acquiring, and advancing mineral deposits, particularly in precious metals, base metals, and industrial minerals. The company has established a notable presence in the fluorspar sector, with key projects including the Storuman fluorspar project in Sweden and the Lassedalen fluorspar project in Norway. In addition, Tertiary Minerals has a diverse portfolio of projects in Nevada, USA, including the Pyramid gold project, the Paymaster polymetallic project, and several other mineral prospects. Incorporated in 1999 and headquartered in Macclesfield, United Kingdom, the company aims to leverage its strategic mineral assets to meet growing industrial demands.

Alba Mineral Resources

Convertible Note in 2020
Alba Mineral Resources is a mineral exploration and development company based in London, United Kingdom, with operations primarily in the UK, Ireland, Australia, and Greenland. The company focuses on a variety of natural resources, including graphite, ilmenite, base metals, gold, zinc, lead, iron ore, and uranium. Alba holds significant interests in several key projects, such as a 90% stake in the Amitsoq graphite project, a 100% interest in the Thule Black Sands, and a 51% interest in the Melville Bay iron ore project. Additionally, it has 100% ownership of the Inglefield Land multi-element project and the Limerick base metals project, as well as a 90% interest in the Clogau gold project. The company also has investments in the onshore UK oil and gas sector, including a direct interest in the Horse Hill project and a stake in the production license for the Brockham Oil Field. Established in 2004, Alba continues to explore and develop its diverse portfolio of mineral assets.

Tertiary Minerals

Post in 2019
Tertiary Minerals plc is a mineral exploration and development company focused on identifying, acquiring, and advancing mineral deposits, particularly in precious metals, base metals, and industrial minerals. The company has established a notable presence in the fluorspar sector, with key projects including the Storuman fluorspar project in Sweden and the Lassedalen fluorspar project in Norway. In addition, Tertiary Minerals has a diverse portfolio of projects in Nevada, USA, including the Pyramid gold project, the Paymaster polymetallic project, and several other mineral prospects. Incorporated in 1999 and headquartered in Macclesfield, United Kingdom, the company aims to leverage its strategic mineral assets to meet growing industrial demands.

Vast Resources

Post in 2018
Vast Resources plc is a mining and resource development company based in London, focusing on exploring and developing mineral projects primarily in Sub-Saharan Africa and Eastern Europe. Established in 2004, the company has a diverse portfolio that includes the Manaila Polymetallic Mine in Romania, which produces copper, zinc, and precious metal concentrates, and the Baita Plai Polymetallic Mine, also located in Romania, where development efforts are ongoing. Additionally, Vast Resources holds a 25 percent interest in the Pickstone-Peerless Gold Mine in Zimbabwe, further expanding its reach in the mining sector. The company's exploration activities target various minerals, including gold, silver, diamonds, copper, lead, molybdenum, and zinc.

Australian Mines

Post in 2018
Australian Mines Limited is a resource company based in Brisbane, Australia, focused on the exploration and development of battery metals projects. Founded in 2001, the company specializes in cobalt, nickel, scandium, gold, copper, and base metal deposits. Its primary project is the Sconi cobalt-nickel-scandium venture located in northern Queensland. Additionally, Australian Mines is developing other significant projects such as Flemington, Thackaringa Cobalt, and Bell Creek Nickel-cobalt. The company aims to establish a dominant position in the production and supply of battery and technology metals to global markets, aligning with the increasing demand for cleaner, more sustainable energy sources.

PepinNini Lithium

Post in 2018
PepinNini Lithium is an exploration company based in Kent Town, Australia, that specializes in the development and discovery of mineral deposits, primarily focusing on lithium, nickel, gold, copper, and cobalt. The company holds 100% interests in significant projects, including the Salta project in Argentina, which encompasses 11 leases covering 23,796 hectares in Salta Province. Additionally, it possesses two granted exploration licenses and eight applications in the Musgrave Province of South Australia, spanning approximately 14,003 square kilometers. Founded in 2002, PepinNini Lithium aims to identify and advance major mineral resources in strategically located areas, emphasizing lithium in Argentina and nickel-copper in Australia.

Armadale Capital

Post in 2014
Armadale Capital Plc is an investment company based in Esher, United Kingdom, that specializes in the development and investment in natural resources projects in Africa. Incorporated in 2005 and rebranded from Watermark Global Plc in 2013, the company primarily focuses on the Mahenge Liandu Graphite Project in Tanzania. This project is characterized by its high-grade coarse flake graphite, which is considered to have significant potential as a valuable mining asset. Armadale Capital aims to provide investors with exposure to high-quality resource projects across the African continent.

W Resources

Post in 2014
W Resources is a European mining company dedicated to the exploration and development of tungsten, a strategically important metal. The company is actively involved in the production and exploration of tungsten, copper, and gold across five projects located in Spain and Portugal. Its key tungsten projects include La Parrilla in Spain, as well as Régua and Tarouca in Portugal. Additionally, W Resources is pursuing the CAA Portalegre gold/copper project and the Monforte-Tinoca copper project, both situated in Portugal. The company is concentrating on the fast-track development of its two large, low-cost tungsten mines, La Parrilla and Régua, to ensure long-term production and capitalize on strong market fundamentals associated with tungsten.

Mariana Resources

Convertible Note in 2014
Mariana Resources Limited is engaged in the identification, exploration, and development of precious metals projects, focusing on gold, silver, and copper deposits in Turkey, South America, and Côte d’Ivoire. The company's flagship asset is the Hot Maden gold-copper project, which comprises four licenses—one operating and three exploration licenses—covering an area of approximately 73 square kilometers in northeastern Turkey. Incorporated in 2006, Mariana Resources is based in Saint Martin, Guernsey, and aims to provide value to its shareholders through its extensive portfolio of mineral exploration and development activities.
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