Looking back on the new collaboration, President and CEO, Saf Dhillonnoted:
“We are incredibly pleased to have secured this strategic investment from Sorbie Bornholm, a respected international institutional investor. This financing provides us with the flexibility to accelerate exploration of our key assets in Mexico and British Columbia. We view Sorbie’s participation as a strong vote of confidence in Questcorp’s team, vision and long-term potential to deliver value through discovery and development.”
Whitney KoffordManaging Director of Sorbie Bornholm LP, added:
“We are pleased to welcome Questcorp Mining Inc. as a new partner and portfolio company. Our decision to invest reflects our tremendous confidence in Questcorp’s leadership. And by entering into a Sharing Agreement, Questcorp’s leadership is in turn demonstrating a strong belief in their ability to execute and grow value for all stakeholders. Sorbie’s Sharing Agreement is designed to align interests with growth and provide companies with consistent capital that rewards operational success and share price appreciation. We trust Questcorp will use the capital support to systematically unlock long-term value for all shareholders, and we look forward to sharing in their significant upside potential.”
About Sorbie Bornholm
Sorbie Bornholm LP is a global investment firm that provides financing for ongoing business objectives to listed micro, small and medium growth companies. We focus on public equity investments in companies that want to expand and on management teams with a clear growth strategy. Our extensive experience allows us to invest in most sectors to provide longer-term supportive capital that rewards business growth.
Since 2000, Sorbie Bornholm LP founder Greg Kofford has been the “Sorbie Strategy”using a sharing agreement that supports management and rewards growth. This unique approach has now been used in more than 50 investments – many of which resulted in the companies receiving more money than the original return – without the need to issue additional shares.
Sorbie Bornholm’s core values define who we are and how we invest. We strive to build long-term relationships with selected listed companies and their brokers and advisors. We focus on bidding longer-term supportive capital that rewards growth. We invest to make a difference, to become a valued partner and a preferred shareholder. We believe it is important that we succeed together.
To see if the Sorbie Strategy is suitable for your company, please contact Sorbie Bornholm:
Whitney Kofford, General Manager
+1-801-554-5889
whitney@sorbiebornholm.com https://sorbiebornholm.co.uk/
About Questcorp Mining Inc.
Questcorp Mining Inc. engages in the acquisition and exploration of mineral properties in North America for the purpose of locating and developing economically valuable and base metal properties. The Company has an option to acquire a 100% undivided interest in and to mineral claims totaling 1,168.09 hectares, comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also has an option to acquire a 100% undivided interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project in Sonora, Mexico, subject to a royalty obligation.
This press release contains certain “forward-looking statements” under applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds from the Offering. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors that may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: Riverside’s ability to retain geophysical contractors to conduct exploratory surveys and follow up on detailed investigations to confirm and improve the intended drilling objectives, as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or lack of board or regulatory approval. There can be no assurance that geophysical surveys will be completed as planned or conducted at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273793
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