Europe’s largest gold mill – ready to start profitable production

Based in top-rated jurisdiction Finland, Laiva consists of a US$400 million plant and a 6,000ha land package hosting a 854,200oz resource with considerable exploration upside. This capital raise is the final step to get production started. Backed by international institutional investors, the management team of former executives from Morgan Stanley, BHP and Newcrest is forecasting cash profits from the outset and see themselves on track for a 2023 listing.

Investment Highlights

  • C$10 million (~ A$11m) equity raise
  • Reach allocation of C$5 million
  • Exposure via Reach SPV (trust) for S708 investors only
  • Enterprise value less than 10% of plant replacement cost
  • Management forecasting cash yields from start
  • Management targeting future listing, most likely in Canada.
  • Laiva was priced when gold was around US$1,600. The price has since rallied to over US$2,000 but the enterprise valuation has not changed for this raise.

Video of CEO interview

Latest CEO interviews

35 mins | 24th May, 2023

Company Presentation

Latest Company interview

35 mins | 24th May, 2023

Watch the latest investor briefing recording to learn how the Laiva team came across this opportunity and how they are planning on turning it into Europe’s largest listed pureplay gold producer.

Watch the latest investor briefing recording here or read the investor presentation here or watch the company Q&A recording here or watch the Technical Investing interview here .

Latest Investor briefing

35 mins | 24th May, 2023

Investor Presentation Deck

35 mins | 24th May, 2023

Technical Investing Interview

35 mins | 24th May, 2023

Company Q&A

35 mins | 24th May, 2023