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Introduction

0:00

Why do royalty financing?

1:04

Can you walk us through the structure of the deal?

3:04

What will the initial grant funds be used for and when do you expect to close this?

6:24

Second round of funding: There's a further 1.88% Royalty for a subsequent draw of US$11,750,000. Is the release of this amount contingent on anything achieved in the first work program you described? What will the funds be used for?

8:07

What production rate are you looking to ramp up to by the end of this first stage?

11:09

Are there any pre-specified allocations on the proceeds of any of these portions of the Royalty?

12:21

We've covered the first 3%, is the release of the further 2%-5% max for US$12,500,000 contingent on any milestones from the first 2 phases?

12:55

Is the structure of the deal flexible?

13:18

Repurchase option: is this payable in cash?

14:29

In the event of liquidity at Bralorne, would this option transfer. to any potential future buyer?

14:57

Once there are 1.5 million ounces of gold produced, the residual Royalty will be reduced by an additional 50%. Is this regardless of whether a repurchase is made?

15:24

How are the gold ounces for production accounted for? Does the material have to get milled on-site?

16:23

Will transportation of 150 tonnes per day to a mill be difficult regarding road access?

17:24

What cost per meter are you using for development costs and will mining be owner operated or contracted out?

19:36

What types of transactions does the Participation Right (mentioned in the press release) cover?

20:44

There's an existing Royalty that covers the area of the 1.7 million oz resource. Can you remind us of the rate and who this is with? Is there a repurchase option on this one as well?

22:01

Final comments from Talisker on the Royalty.

22:32

Talisker's plans for Bralorne following the Royalty funding announcement.

24:07

Timelines for plans at Bralorne

28:56

What properties are not covered by Royalty?

29:54

Will you be doing any exploration on those properties in the next 24 months?

30:28

Any ideas yet on the all-in sustaining cost range including a toll milling agreement, assuming you ramp up to 300-500 tonnes a day? If not known, what would a typical toll milling agreement add to all-in-sustaining costs?

31:47

There is an amount payable if production targets are not reached in 2026. Does this transfer in the event of liquidity? Are there any further details you can share about the amount payable?

32:46

Next catalysts and news items to watch for over the coming months.

34:39

What would the timing be for a potential 5 for 1 roll-back and can you comment on the possibility?

36:41

Will there be any economic studies related to small-scale mining? What capital spending would be required to achieve 750 tpd excluding the mill?

39:05
Talisker Financing News Explained: What it Means for Investors!
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2023Jun 19
TSX: TSK | OTCQX: TSKFF Talisker Resources' President & CEO, Terry Harbort, and VP of Corporate Development, Matt Filgate, join the Adelaide Capital channel to explain the reasoning for recent financing news, what it means for investors, and what news we should look out for throughout the rest of the year. Hosted by Magda Gardner. Talisker Resources Website: https://taliskerresources.com/ Talisker Corporate Presentation: https://bit.ly/43PdovB Talisker Resources Latest News: https://bit.ly/3Cwl0ak 0:00 - Introduction 1:04 - Why do royalty financing? 3:04 - Can you walk us through the structure of the deal? 6:24 - What will the initial grant funds be used for and when do you expect to close this? 8:07 - Second round of funding: There's a further 1.88% Royalty for a subsequent draw of US$11,750,000. Is the release of this amount contingent on anything achieved in the first work program you described? What will the funds be used for? 11:09 - What production rate are you looking to ramp up to by the end of this first stage? 12:21 - Are there any pre-specified allocations on the proceeds of any of these portions of the Royalty? 12:55 - We've covered the first 3%, is the release of the further 2%-5% max for US$12,500,000 contingent on any milestones from the first 2 phases? 13:18 - Is the structure of the deal flexible? 14:29 - Repurchase option: is this payable in cash? 14:57 - In the event of liquidity at Bralorne, would this option transfer. to any potential future buyer? 15:24 - Once there are 1.5 million ounces of gold produced, the residual Royalty will be reduced by an additional 50%. Is this regardless of whether a repurchase is made? 16:23 - How are the gold ounces for production accounted for? Does the material have to get milled on-site? 17:24 - Will transportation of 150 tonnes per day to a mill be difficult regarding road access? 19:36 - What cost per meter are you using for development costs and will mining be owner operated or contracted out? 20:44 - What types of transactions does the Participation Right (mentioned in the press release) cover? 22:01 - There's an existing Royalty that covers the area of the 1.7 million oz resource. Can you remind us of the rate and who this is with? Is there a repurchase option on this one as well? 22:32 - Final comments from Talisker on the Royalty. 24:07 - Talisker's plans for Bralorne following the Royalty funding announcement. 28:56 - Timelines for plans at Bralorne 29:54 - What properties are not covered by Royalty? 30:28 - Will you be doing any exploration on those properties in the next 24 months? 31:47 - Any ideas yet on the all-in sustaining cost range including a toll milling agreement, assuming you ramp up to 300-500 tonnes a day? If not known, what would a typical toll milling agreement add to all-in-sustaining costs? 32:46 - There is an amount payable if production targets are not reached in 2026. Does this transfer in the event of liquidity? Are there any further details you can share about the amount payable? 34:39 - Next catalysts and news items to watch for over the coming months. 36:41 - What would the timing be for a potential 5 for 1 roll-back and can you comment on the possibility? 39:05 - Will there be any economic studies related to small-scale mining? What capital spending would be required to achieve 750 tpd excluding the mill? Talisker Resources is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker’s projects include the Bralorne Gold Complex and the Ladner Gold Project, both advanced-stage projects with significant exploration potential from historical high-grade producing gold mines, as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt, and several other early-stage Greenfields projects. With its properties comprising 291,392 hectares over 487 claims, three leases and 197 crown grant claims, Talisker is a dominant exploration player in south-central British Columbia. -- Adelaide Capital is a full-service Investor Relations firm with a unique and powerful perspective and a re-engineered IR business model. Our extensive capital markets experience allows us to go deeper, strategically assessing each company and tailoring a plan that charts the best path to success. Specializing in small and mid-cap companies, our offering is enhanced by a truly formidable factor—our personal connection to a sizeable and valuable network of investors in North America and worldwide. Website: https://adcap.ca/ Twitter:   / adelaide_cap   LinkedIn: https://bit.ly/3FTfYoW Instagram: https://bit.ly/3v83ZyI Facebook: https://bit.ly/2XbXjDe Subscribe for more: https://bit.ly/3lALO1l Email: info@adcap.ca Magda's Email: magda@adcap.ca Disclaimer: https://www.adcap.ca/media-disclaimer #TaliskerResources #JuniorMining #MiningNews #GoldMining #InvestorNews #AdelaideCapital #InvestorRelations

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