Bergen Asset Management

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.

Leigh Creek Energy Limited is an Australian energy company based in Adelaide, focused on the exploration and development of coal and synthesis gas, including methane, hydrogen, and carbon monoxide. The primary emphasis of the company is the Leigh Creek Energy project, located north of Adelaide in South Australia. Formerly known as Marathon Resources Limited, the company rebranded in August 2015. Additionally, Leigh Creek Energy is involved in various energy markets and has initiatives related to carbon-neutral production, particularly in the manufacturing of urea fertilizer, which is essential for agricultural crop production. The company also engages in oil and gas activities, positioning itself within the wider energy sector.

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 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 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 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 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 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.

Angus Energy plc is an independent onshore oil and gas company based in London, United Kingdom, focusing on the development, production, and distribution of hydrocarbons. Established in 2009, the company owns and operates the Brockham and Lidsey oil fields, along with holding significant interests in various gas and oil prospects, including a 51% stake in the Saltfleetby Gas Field, a 25% interest in the Balcombe field discovery, and a 12.5% interest in the A24 prospect. Angus Energy generates its revenue primarily from the sale of natural gas and oil, all derived from its ongoing operations within the UK.

Petro Matad Limited is a company focused on the exploration, development, and production of oil in Mongolia. Incorporated in 2007 and based in Douglas, United Kingdom, the company holds 100% interests in several production sharing contract blocks, including the Bogd Block IV and Ongi Block V, which together cover approximately 50,000 square kilometers, as well as the Matad Block XX, spanning around 10,340 square kilometers. The company is dedicated to identifying and developing oil reserves within its operational regions in Mongolia.

San Leon Energy plc, established in 1995 and headquartered in Dublin, Ireland, is engaged in the exploration and production of oil and gas properties. Its primary asset is the OML 18 concession, spanning approximately 1,035 square kilometers in the Southern Niger Delta, Nigeria. The company's portfolio also includes interests across various other assets in Europe and North Africa, with a focus on conventional and unconventional resources. San Leon Energy operates sympathetically with local partners and communities to provide a sustainable energy future.

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 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.