Sprott Inc. is a publicly owned asset management holding company based in Toronto, Canada. Through its subsidiaries, it provides a range of services including asset management, portfolio management, and wealth management. The firm specializes in offering mutual funds, hedge funds, and offshore funds, as well as managed accounts and broker-dealer activities. Sprott is particularly known for its focus on precious metals and real assets investment strategies, primarily investing in physical gold and silver bullion. This approach aims to offer investors a secure and convenient alternative to direct investments in bullion. Additionally, Sprott Consulting LP, a subsidiary of the company, engages in private equity investments and debt financing specifically within the natural resources sector.

RCF Management, LLC is a private equity firm based in Denver, Colorado, specializing in investments within the metals, minerals, and mining sectors. Established in 1998, the firm focuses on a variety of investment strategies, including buyouts, early and later-stage ventures, growth capital, and distressed situations. RCF does not engage in the oil and gas sector and typically targets junior mining companies at the scoping study or pre-feasibility stage. The firm seeks innovative opportunities in mining technology and often provides bridge loans and credit support. RCF invests globally, with a particular emphasis on Australia, Europe, Canada, and the United States, and is willing to invest up to $500 million in a single transaction, although initial investments usually range from $1 million to $300 million. The firm aims to exit investments within three to five years through various strategies, including mergers and acquisitions. RCF Management also values active involvement in its portfolio companies, often taking board seats.

Orion Resource Partners is an alternative investment manager based in New York, focusing on the mining and natural resource sectors. Established in 2012, the firm manages approximately $2.6 billion in assets and specializes in offering flexible capital investment solutions to publicly traded companies in the base and precious metals sectors. Orion's experienced team of investment professionals utilizes a disciplined, risk-adjusted process to evaluate potential portfolio companies. The firm provides various financing options, including debt, structured equity, and production-linked financing, as well as investments in royalties and offtake agreements.

Beedie Capital Partners, based in Vancouver, Canada, manages the non-real estate investment activities of the Beedie Development Group. Established in 1954, the firm specializes in providing flexible growth financing solutions for small to mid-market companies across various sectors, including technology, media, energy, and metals and mining. Beedie Capital typically invests through a range of financial instruments, such as debt, equity, and combinations thereof, tailored to meet the specific needs of its partners. The firm operates with a small core team of decision-makers, allowing for responsive and creative investment strategies. As minority investors, Beedie Capital focuses on maintaining management control within the companies it supports, offering less dilutive and restrictive financing options compared to traditional sources of capital.

Bergen Asset Management, LLC is a New York-based global asset management firm specializing in equity investments in high-growth publicly-traded and private companies, primarily outside of the United States. The firm adopts a sector-agnostic approach but shows a preference for industries with potential for above-market medium-term appreciation. Additionally, Bergen manages the Bergen Special Opportunity Fund, which focuses on buyout investments.

Canaccord Genuity operates as a global full-service investment bank that specializes in growth companies, offering a range of financial services to institutional and corporate clients. The firm provides investment banking, advisory services, and research, as well as sales and trading across various sectors, including mining, energy, technology, and healthcare. Canaccord Genuity Wealth Management, a subsidiary of Canaccord Genuity Group Inc., delivers tailored wealth management solutions and brokerage services to individual investors, private clients, and charities in key markets such as Canada, Australia, the UK, and Europe. With a focus on meeting the unique needs of its clients, the firm leverages its global network to identify investment opportunities and develop long-term strategies, while also providing near-term solutions for wealth management clients.

Bpifrance Financement S.A. is a French financial institution that provides a range of financing solutions and support services aimed at fostering the growth of startups, small and medium-sized enterprises (SMEs), and mid-cap companies. It offers various financial products, including medium to long-term loans, export insurance, and leasing options for both tangible and intangible assets. Additionally, Bpifrance supports companies through consulting services, guarantees for bank financing, and training for executives. The organization also engages in direct investments and manages funds aimed at enhancing the financial landscape for businesses at different stages of their development. Established in 1980 and based in Maisons-Alfort, France, Bpifrance was formerly known as OSEO S.A. and rebranded in July 2013. It operates as a subsidiary of Bpifrance SA, reinforcing its commitment to bolstering the French economy through diversified financial solutions.

SG Hiscock and Company provides exceptional investment strategies, service, and unrivaled insights to their clients. They specialize in high conviction, actively managed strategies across australian equities and property securities. They also provide a comprehensive discretionary portfolio management service that allows investors to tailor an investment portfolio to their individual needs. They offer quality investment solutions to institutions, financial advisers, and high net worth investors.

Founded in 2001, Sidex is a government investment firm based in Montreal, Canada. The firm seeks to invest in companies focused on the mineral exploration sector.

Scotiabank, founded in 1832 and headquartered in Toronto, Canada, is a leading financial institution that provides a comprehensive range of banking products and services. The bank serves approximately 21 million customers across more than 55 countries, offering personal, commercial, corporate, and investment banking solutions. Its services include wealth management, corporate lending, equity underwriting, and advisory services for mergers and acquisitions. Additionally, Scotiabank has a private equity arm that focuses on middle-market investments, specializing in sectors such as healthcare, technology, and consumer products. The firm typically invests between $5 million and $25 million in companies, seeking both minority and majority ownership. With a commitment to understanding customer needs and managing risk, Scotiabank has established itself as a global financial services leader, supported by a workforce of over 86,000 employees dedicated to helping clients thrive.

Macquarie Bank Limited, founded in 1969 and headquartered in Sydney, Australia, is a prominent financial institution that offers a comprehensive range of commercial banking and retail financial services. It provides personal banking, business banking, wealth management, and vehicle finance products to retail clients, advisors, brokers, and corporate customers. The bank is involved in asset and mortgage-backed securitization, institutional and commodity financing, and financial advisory services. Additionally, Macquarie Bank offers corporate and structured finance, home loans, and leasing services, while also engaging in trading across various asset classes including fixed income, equities, and foreign exchange. With operations in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific, Macquarie Bank serves a diverse clientele, including institutional, corporate, and retail clients. As a subsidiary of Macquarie Group, it adheres to regulations set forth by the Australian Prudential Regulation Authority.

Greenstone Capital is a private equity firm based in London, founded in 2013, that specializes in investments within the metals and mining sectors globally. The firm manages Greenstone Resources II, a fund dedicated to targeting opportunities in metals, minerals, and various related industries, including mining infrastructure. Greenstone Capital focuses on identifying and capitalizing on investment opportunities that drive growth in these sectors.

Pala Investments is a private equity investment firm established in 2006 and based in Zug, Switzerland. The firm specializes in the mining sector and is supported by a team of experienced professionals with a proven track record. Pala focuses on making majority investments through various strategies, including buyouts and growth equity, as well as utilizing debt instruments such as senior, mezzanine, and convertible debt. The firm's commitment to the mining industry underscores its expertise and dedication to fostering growth within this sector.

Rio Tinto is a prominent international mining group engaged in the exploration, extraction, and processing of various mineral resources across the globe. The company produces a diverse range of products, including aluminum, copper, diamonds, gold, silver, borates, titanium dioxide, iron ore, and uranium. In addition to these minerals, Rio Tinto is involved in alumina production, primary aluminum smelting, bauxite mining, and refining processes. The company operates in more than 40 countries and employs over 68,000 individuals. Notably, Rio Tinto is also the owner and future operator of the Eagle Mine in Michigan, which is expected to be a significant source of nickel and copper in the United States. Founded in 1873 and headquartered in Melbourne, Australia, Rio Tinto has established itself as a leader in the mining industry.

BMO Capital Markets is a comprehensive financial services provider, offering a wide range of investment and corporate banking products. Its services include equity and debt underwriting, corporate lending, project financing, mergers and acquisitions advisory, securitization, treasury management, and market risk management. The firm also provides debt and equity research, along with institutional sales and trading. Established in June 2006 through the merger of BMO Financial Group’s wholesale banking capabilities, BMO Capital Markets operates globally with approximately 2,300 professionals across 30 locations, including 16 offices in North America. It is a key component of BMO Financial Group, one of North America's largest diversified financial services companies, with significant assets and a robust workforce.

Fonds de solidarité FTQ is a private equity and venture capital firm based in Montreal, Canada, focusing on investments in small and medium-sized businesses primarily in Quebec. The firm specializes in various financial activities including start-ups, early ventures, mergers, acquisitions, and business successions. It invests in diverse sectors such as aerospace, agri-food, natural resources, and life sciences, while avoiding retail, real estate, and biotechnology. Fonds de solidarité FTQ typically seeks projects requiring investments of $3 million or more and offers loans up to $2 million. It targets companies with specific financial criteria, such as minimum capitalization and revenue thresholds, and can take both minority and majority stakes in its portfolio. The firm aims to foster economic development by supporting companies that positively impact the Quebec economy and holds investments for five to ten years, extending to over ten years in cases of business succession. With a strategic focus on regional growth, Fonds de solidarité FTQ operates across various regions of Quebec, reinforcing its commitment to local development and innovation.

Appian Capital Advisory LLP is a private equity firm based in London, specializing in investments within the natural resources sector, particularly in mining companies. The firm focuses on base metals, precious metals, fertilizers, and select niche commodities, investing in projects across all stages of the mining cycle, from exploration to optimization. Appian prioritizes opportunities in countries with stable political environments and favorable mining regulations, and it allocates its investments evenly across North America, Latin America, Africa, and other regions opportunistically. The firm typically invests between $10 million and $150 million in small to medium-sized companies and aims to take a controlling interest in its investments. Appian seeks to exit through initial public offerings, trade sales, or other corporate transactions. Established in 2012, the firm has additional offices in Africa, South America, Europe, and Australia, and serves as the investment advisor to the Appian Natural Resources Fund, which pools investor capital for targeted investments in the sector.

Teck is a Canadian company founded in 1910 that has established itself as a leader in the diversified natural resources sector, particularly in mining and mineral development. Over more than a century, Teck has committed to responsible practices that support community development, job creation, and sustainable innovation within the industry. The company emphasizes the importance of providing essential products that enhance the quality of life for people worldwide.

Export Development Canada is an export credit agency established in 1944 and headquartered in Ottawa, Canada. Its primary mission is to assist Canadian companies, both large and small, in expanding their operations internationally. The agency provides a range of credit services, which include loans and financial support, to facilitate global trade. The majority of its investment portfolio comprises loans receivable, along with significant holdings in cash and marketable securities. Through these services, Export Development Canada plays a vital role in enhancing the competitiveness of Canadian businesses in the global marketplace.

Gold Fields Limited is a South African-based gold mining company engaged in the production of gold and operates eight mines in Australia, Ghana, Peru, and South Africa. The company produces approximately 2.0 million ounces of gold annually and holds attributable Mineral Reserves of about 46 million ounces, with total Mineral Resources estimated at around 102 million ounces. In addition to gold, Gold Fields also has significant copper reserves, with attributable Mineral Reserves totaling 532 million pounds and Mineral Resources of approximately 5,912 million pounds. Established in 1998, Gold Fields has developed a globally diversified portfolio that underscores its commitment to sustainable mining practices.

Advantage Capital is a venture capital firm founded in 1992, headquartered in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt investments, focusing primarily on small businesses at various stages of development, excluding seed stage. Advantage Capital targets investments in low-income communities, both urban and rural, and supports economic development initiatives. The firm seeks to invest in companies that utilize proprietary technologies in sectors such as communication, information technology, pharmaceuticals, biotechnology, and energy, among others. It offers various forms of debt capital, including senior and mezzanine debt, and has a preference for co-investing with other firms. Initial investments typically range from $0.5 million to $10 million in companies with sales under $5 million, with potential for larger investments based on milestones. Advantage Capital is committed to addressing the funding gaps in underserved areas and fostering economic growth in communities that lack traditional sources of risk capital.

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.

Hecla Mining Company, established in 1891 and headquartered in Coeur d'Alene, Idaho, is engaged in the exploration, acquisition, development, and production of precious and base metals, primarily silver and gold. The company operates several mines, including the Greens Creek mine in Alaska, the Lucky Friday mine in Idaho, the Casa Berardi mine in Quebec, Canada, and the San Sebastian mine in Mexico. Additionally, Hecla holds interests in several other mines in Nevada. The company produces lead, zinc, and bulk concentrates for custom smelters and traders, along with unrefined gold and silver bullion bars. Hecla Mining also focuses on exploration and pre-development projects across key mining districts in the U.S., Canada, and Mexico, aiming to create long-term value for its stakeholders through its diversified mining operations.

GAMCO Investors Inc. is a diversified global financial services company that primarily serves high net worth individuals, pension plans, charitable organizations, and government entities. Founded in 1977 and headquartered in Rye, New York, with additional offices across the United States, the firm specializes in managing separate equity portfolios, mutual funds, and hedge funds. GAMCO employs a fundamental research approach with a bottom-up stock selection strategy, focusing on value stocks across large-cap, mid-cap, and small-cap companies. The firm benchmarks its investments against recognized indices while also incorporating socially responsible investment strategies. The company's success is rooted in its rigorous research-driven culture and a commitment to delivering superior risk-adjusted returns.

Royal Bank of Canada (RBC) operates through various financial services, including RBC Capital Partners and RBC Capital Markets. RBC Capital Partners focuses on private equity and venture capital investments across different stages of company development, specifically targeting technology, life sciences, and telecommunications sectors. The firm also engages in mezzanine and subordinated debt investments in diverse industries such as manufacturing, business services, and healthcare. RBC Capital Markets serves as an investment bank, delivering a range of products and services to institutions, corporations, and governments in over 160 countries, supported by a workforce of nearly 3,000 professionals across 75 offices. Founded in 1869, RBC is a significant player in the financial sector, boasting over $612 billion in assets and high credit ratings from major rating agencies. This comprehensive approach positions RBC as a leading provider of financial services in Canada and beyond.

Trafigura Group Pte. Ltd. is a multinational commodity trading company founded in 1993 and headquartered in Singapore. It specializes in the trading and transportation of oil, petroleum products, metals, and minerals across various global markets, including Europe, Asia, North America, Latin America, Africa, Australia, and the Middle East. The company's oil and petroleum products segment handles a diverse range of items such as crude oil, gasoline, and natural gas, while its metals and minerals segment trades in essential materials like copper, aluminum, and coal, covering all stages from mining to refining. Trafigura also invests in energy solutions and operates the MATSA copper mine in Spain. With a presence in 36 countries and a workforce mainly composed of senior staff, Trafigura has established itself as one of the largest private traders in oil and metals worldwide.

CIBC, or the Canadian Imperial Bank of Commerce, has been offering banking services to Canadians since 1867. It operates a vast network of over 1,000 branches and more than 4,000 ATMs, providing various banking options including phone, internet, and mobile services. CIBC encompasses several subsidiaries, including CIBC Asset Management Inc., which specializes in managing investment portfolios for high net worth individuals and institutional clients. This subsidiary offers a range of services, including equity, fixed-income, and balanced mutual funds, as well as hedge fund management. CIBC Capital Partners focuses on venture capital and private equity investments, primarily in mid to late-stage companies across diverse sectors. CIBC World Markets serves as the investment banking arm, providing services in equity and debt capital markets, mergers and acquisitions, and other advisory roles. Headquartered in Toronto, Canada, CIBC also has a presence in several international locations, enhancing its ability to serve clients globally.

Elysee Development Corp. is a diversified investment and venture capital firm with a focus on publicly traded companies in the natural resource sector. With a management team experienced in the financing, engineering, construction and management of resource projects on a worldwide basis, Elysee has been able to capitalize on the exceptional opportunities that have become available in the commodity and precious metals sector, where a cyclical recovery is just now underway.

Goldman Sachs is a global investment banking, securities, and investment management firm headquartered in New York City. Established in 1869, it provides a wide range of financial services to corporations, financial institutions, governments, and high-net-worth individuals. The firm operates through several segments, including Investment Banking, which offers financial advisory services related to mergers and acquisitions, and underwriting services for public and private offerings. Its Institutional Client Services segment facilitates client transactions across various asset classes and provides services like securities lending. The Investing & Lending segment focuses on long-term loans and investments in debt and equity securities, while the Investment Management segment offers portfolio management and wealth advisory services. Additionally, Goldman Sachs engages in private equity investments across multiple sectors and geographies, reinforcing its position as a leading investor in both public and private markets.

Umicore is a global materials technology and recycling company headquartered in Brussels, Belgium. The company operates through three primary segments: Catalysis, Energy & Surface Technologies, and Recycling. The Catalysis segment specializes in the production of automotive catalysts for various applications, including gasoline and diesel vehicles, as well as industrial emissions control solutions. The Energy & Surface Technologies segment focuses on advanced materials such as cobalt, rechargeable battery materials, and electroplating products, catering to clean energy production and storage. The Recycling segment is dedicated to processing complex waste streams that contain precious and specialty metals, transforming these into valuable resources for various industries. Founded in 1906, Umicore has evolved significantly, emphasizing its expertise in materials science, chemistry, and metallurgy to deliver innovative solutions essential to everyday life.

Dundee Corporation is a publicly owned investment manager based in Toronto, Canada, with an additional office in Vancouver. Established in 1984, the corporation engages in various business activities through its subsidiaries, including investment advisory, corporate finance, energy, resources, agriculture, real estate, and infrastructure. It manages a diverse portfolio of investments, comprising both publicly listed and private enterprises, and strategically invests its own capital alongside that of its clients and partners. With a workforce of over 1,500 employees worldwide, Dundee Corporation focuses on sectors with significant potential to create value for its clients and shareholders.

Baker Steel Capital Managers LLP is an employee owned investment manager. The firm primarily provides its services to financial institutions, wealth managers, and professional investors. It manages equity mutual funds for its clients. The firm also manages hedge funds. It invests in the public equity markets across the globe. It primarily invests in natural resources, gold, and precious metals sectors. The firm invests in value stocks of companies to create its equity portfolios. It employs a combination of fundamental and technical analysis, to make its investments. The firm obtains external research to complement its in-house research. It was founded in 2001 and is based in London, United Kingdom with an additional office in New South Wales, Australia.

Northfield Capital Corporation is an investment company based in Toronto, Canada, focusing on diverse sectors including glass manufacturing, oil and gas, mining, and technology. The company’s subsidiaries are engaged in the production of insulating glass sealed units, aluminum products, and air filtration systems. Northfield Capital also explores oil and gas resources in key regions across the United States and Canada, and conducts precious metals exploration in Canada and Guyana. In the technology sector, the firm invests in an applied research company that serves the global marine transportation industry and holds interests in an educational software provider in China. Additionally, Northfield Capital's operations include aviation services, a winery in Prince Edward County, and a distillery in Toronto, which contribute to its multifaceted investment portfolio. Established in 1981 under a different name, the company has evolved to enhance value for its shareholders and support the growth of its investment partners.

Breakthrough Energy, founded in 2016 and based in Kirkland, Washington, is an impact investment firm focused on developing innovative energy solutions. It operates as part of a public-private partnership model, collaborating with governments, research institutions, and investors to address the urgent challenges posed by climate change and energy access in underserved regions. The firm invests in seed-stage, early-stage, and later-stage companies within the environmental services and cleantech sectors, aiming to create reliable and affordable energy without contributing to global warming. By leveraging scientific and technological expertise, Breakthrough Energy seeks to mobilize investment in transformative energy technologies that can provide sustainable power for all.

Abstract Ventures is a venture capital firm founded in 2016 and based in San Francisco, California. The firm specializes in investments in pre-seed, seed, and early-stage startup companies across various sectors. It aims to support founders by facilitating essential connections that assist in fundraising, talent acquisition, customer outreach, and strategic advice. Recognized for its role as a connector, Abstract Ventures collaborates with a network of influential investors, founders, and industry leaders to enhance the growth potential of its portfolio companies.

EMR Capital is a Hong Kong-based private equity firm specializing in the natural resources sector, particularly in metals and mining. Founded in 2011, the firm focuses on global investments in mining projects and companies, leveraging its strong connections to Asian markets. EMR Capital actively manages its investments, employing various exit strategies, including initial public offerings and trade sales. The firm operates multiple co-investment funds that target opportunities across diverse regions, including North America, Europe, Asia, and Africa, thereby enhancing its investment portfolio in the metals and minerals sectors. With a proven track record in project development and operations, EMR Capital is positioned as a key player in the mining investment landscape.

FJ Labs is a U.S.-based investment firm established in 2015 by Fabrice Grinda. The firm operates with a stage-agnostic approach, primarily targeting marketplaces and consumer-facing startups. FJ Labs focuses its investments on seed and Series A rounds, with a financial commitment ranging from $50,000 to $5,000,000. The firm has invested in a variety of notable companies, including Alibaba Group, beepi, BrightRoll, Betterment, and ADORE ME.

Umnotho weSizwe Investment Holdings (Pty) Ltd. is a venture capital firm specializing in growth capital and early stage financing. The firm seeks to invest in the mining industry with a focus on coal, platinum, gold, diamonds, and heavy minerals. The firm pursues all investments focusing on resources, oil & gas, construction and materials, telecommunication, and technology sectors. It prefers to invest in operations which contribute to job creation, skills development/transfer, and poverty alleviation. The firm seeks to invest in companies based in South Africa. The firm seeks to participate on either an executive or management level in its portfolio companies. Umnotho weSizwe Investment Holdings (Pty) Ltd. was established in 1996 and is headquartered in Bryanston, South Africa.

Global Care Capital is a global investment company which specializes in providing early stage financing to private and public companies. The Company engages in new, early stage investment opportunities in previously underdeveloped assets and obtaining positions in early stage investment opportunities that adequately reflect the risk profile.

Equity Management Associates, LLC is a venture capital firm specializing in growth capital investments. The firm seeks investments in private and publicly traded gold and silver mining companies at all stages: mature producer, emerging producer, development companies and drill stories. It manages funds for its clients. The firm prefers to invest in the public and private companies located around the world. The firm makes its investments in growth-oriented value stocks across all capitalizations. The firm employs a top-down approach to select its sectors with a fundamental analysis and a bottom-up stock picking approach to create its portfolios. Equity Management Associates, LLC was founded in 2005 and is based in Boston, Massachusetts with additional offices in Waltham, Massachusetts; Sherborn, Massachusetts and Wellesley, Massachusetts.

Banco do Brasil S.A., founded in 1808 and headquartered in Brasília, is the largest bank in Latin America by assets. It offers a comprehensive array of banking products and services catering to individuals, small and medium enterprises, large corporations, and the public sector, both domestically and internationally. Its offerings include deposits, loans, credit cards, asset management, foreign exchange, and e-banking services. In addition to traditional banking, Banco do Brasil provides insurance products, including life and property insurance, and engages in the underwriting and trading of securities. The bank also focuses on investment management and financial advisory services, catering to a diverse clientele through its extensive network of subsidiaries. Its activities extend into various sectors, including payment processing and digital solutions, highlighting its multifaceted approach to financial services.

Tembo Capital Management Limited is a private equity firm based in London, specializing in buyout transactions within the mining sector, particularly in emerging markets. Established in 2009, the firm focuses on investing in private and public natural resource companies, specifically targeting mining projects in regions such as Africa, Australia, Canada, South America, the USA, and the UK. Tembo Capital aims to take influential positions in companies actively developing quality mining assets by enhancing their mineral resources, ore reserves, or production capabilities. The firm typically seeks to establish a diverse portfolio of ten to fifteen investments, committing between $5 million and $30 million per transaction, with a preference for majority stakes. Additionally, Tembo Capital looks for co-investment opportunities to further support junior and mid-tier mining ventures in developing countries. The firm is authorized and regulated by the Financial Conduct Authority.

The Public Investment Corporation (PIC) is a government-owned investment management company in South Africa, established in 1911. It exclusively serves the public sector, managing funds for public bodies that include pension, provident, social security, and guardian funds. As one of Africa's largest and most successful investment managers, PIC operates with a diversified portfolio that encompasses various asset classes, including listed and unlisted equities, bonds, properties, and cash. The corporation's investment strategy incorporates both in-house and externally managed assets, with a focus on maximizing returns for the public sector while adhering to responsible investment principles. Through its comprehensive approach, PIC plays a crucial role in supporting the financial sustainability of public institutions in South Africa.

Harmony Gold Mining Company is engaged in the exploration, extraction, and processing of gold, primarily operating in South Africa and Papua New Guinea. Founded in 1950 and headquartered in Randfontein, South Africa, the company manages nine underground operations in the Witwatersrand Basin, an open-pit mine on the Kraaipan Greenstone Belt, and various surface treatment facilities. Additionally, Harmony Gold has interests in the Hidden Valley, an open-pit gold and silver mine, and the Wafi-Golpu project located in Morobe Province, Papua New Guinea. The company also explores for other minerals, including uranium, silver, and copper, contributing to its diverse mining portfolio.

Silver Investment Partners is an independent equity finance investor for small and medium sized companies. We act as an entrepreneurial, experienced and reliable partner in majority and minority interests in companies with turnover between 5 and 100 million euros. Our focus is preferably on companies with a turnover between 10 and 50 million euros

MASSACHUSETTS CAPITAL RESOURCE COMPANY was established in 1977 as a limited partnership privately owned and funded by Massachusetts-based life insurance companies. The Company’s mission was to create a source of risk capital to fill the senior debt to equity funding “gap” experienced by growing companies. Their investment activity complements, rather than competes with, the financing provided by senior lenders and equity investors. Mass. Capital provides higher risk growth and acquisition capital to manufacturing, distribution, service and technology companies. They focus on emerging growth and middle market companies with operations in Massachusetts. Their investments are structured to fit the specific needs of portfolio companies and to complement funding available from senior lenders and equity investors.

Societe de Developpement de la Baie James is an investment arm of Gouvernement du Québec. The firm specializes in investments in natural resources other than hydroelectric resources. It seeks to invest in James Bay territory. The firm focuses on developing the economic potential of the territory, by respecting the principles of sustainable development. It seeks to invest between CAD$100,000 (US$97376.70) and CAD$500,000 (US$486,883) in its portfolio companies. Societe de Developpement de la Baie James was founded in 1971 and is based in Quebec, Canada with two additional offices in Quebec, Canada.

Mizuho Bank, founded in 2013 and headquartered in Tokyo, Japan, is a commercial bank that provides a wide range of corporate and investment banking services to major corporations, financial institutions, and public sector entities. Its offerings include various types of deposits, loans, and financial products such as acceptance and negotiation of import/export bills, remittance services, and foreign exchange contracts. The bank is also involved in investment banking activities, including custodial services, syndication, and real estate and acquisition finance. As a subsidiary of Mizuho Financial Group, Mizuho Bank aims to meet the financial needs of both domestic and international clients through comprehensive banking solutions.

Steel Partners Holdings L.P. is a diversified holding company based in New York, established in 1990. The company operates through various segments, including industrial products, energy, defense, supply chain management, logistics, and banking. It specializes in manufacturing a wide range of products, such as brazing alloys, seamless stainless steel tubing, specialty fasteners, and woven substrates for various applications. Additionally, Steel Partners produces power electronics and motion control equipment for sectors like aerospace and telecommunications, as well as meat processing tools and cutting blades for different industries. The company also engages in financial services, offering consumer and small business loans, credit cards, and deposit-taking activities. Through its subsidiaries, Steel Partners aims to enhance long-term value across its diverse portfolio while actively participating in sectors such as food services, oilfield services, and youth sports.

Merrill Lynch is one of the world's premier providers of wealth management, securities trading and sales, corporate finance and investment banking services.