In a significant development for the mining sector, Questcorp Mining Inc. has announced an initial investment of CAD$2 million from Sorbie Bornholm LP, a reputable investment firm based in the United Kingdom. This strategic infusion of capital is expected to accelerate exploration activities at Questcorp’s prominent mining projects in Mexico and Canada.
The funds are primarily designated for enhancing ongoing exploration and development programs, particularly at the La Union Gold and Silver Project in Sonora, Mexico, and the North Island Copper Property on Vancouver Island, British Columbia. A portion of the investment will also be allocated for general operational expenses.
Strengthening partnerships for growth
Questcorp’s President and CEO, Saf Dhillon, expressed enthusiasm regarding the new partnership. He stated that securing this strategic investment from Sorbie Bornholm demonstrates their confidence in Questcorp’s team and vision. Dhillon emphasized that this financing allows the company to accelerate exploration across its key assets, unlocking potential value through discovery and development.
A vote of confidence
The Managing Director of Sorbie Bornholm LP, Whitney Kofford, echoed this sentiment, emphasizing the firm’s commitment to growth. Kofford noted that their investment reflects strong belief in Questcorp’s leadership capabilities. He also highlighted the establishment of a Sharing Agreement that aligns the interests of both parties towards mutual growth and success.
“Our Sharing Agreement is designed to ensure that both Questcorp and Sorbie benefit from operational successes and appreciation in share value,” stated Kofford. “We are eager to observe how Questcorp will strategically utilize this capital to generate long-term value for all shareholders.”
About Sorbie Bornholm LP
Sorbie Bornholm LP is a prominent global investment firm that specializes in providing funding to small and mid-cap companies. The firm’s investment focus is primarily on public equity in businesses that exhibit a clear roadmap for growth. Sorbie has developed extensive experience across various industries, enabling it to offer supportive and long-term capital that is beneficial for company expansion.
Since its inception in 2000, Sorbie Bornholm has implemented a distinctive investment strategy known as the Sorbie-Strategy. This methodology has facilitated over 50 investments, with numerous companies securing more capital than initially anticipated, all without the necessity for further share issuance.
Core values and investment philosophy
Sorbie Bornholm’s guiding principles stress the significance of fostering long-term relationships with select public companies, their brokers, and advisers. The firm aims to provide capital that not only rewards growth but also nurtures partnerships focused on achieving shared success. “We invest to make a meaningful difference and to cultivate relationships that add value,” said Kofford.
About Questcorp Mining Inc.
Questcorp Mining Inc. expands mineral exploration efforts
Questcorp Mining Inc. focuses on acquiring and exploring valuable mineral properties throughout North America. The company aims to identify and develop economically viable precious and base metal resources. Questcorp currently holds options to acquire a 100% interest in the North Island Copper Property, which spans 1,168.09 hectares in British Columbia. Additionally, it has a similar interest in the La Union Project, encompassing mineral claims over 2,520.2 hectares in Sonora, Mexico.
As Questcorp progresses with its exploration initiatives, an investment from Sorbie Bornholm is expected to provide essential capital. This funding will enable Questcorp to enhance its operational capabilities and fully leverage the potential of its mining projects.