Amur Minerals Corporation

Amur Minerals Corporation is a cash shell in accordance with Rule 15 of the AIM Rules as a result of the sale of its only asset. As a cash shell and to continue as a listed entity, the Company is now required to fully complete an acquisition or acquisitions which constitute(s) a Reverse Takeover (RTO) under AIM Rule 14 on or before 7 September 2023. If the full acquisition in not completed by that date and pursuant to Aim Rule 40, the Company’s shares will be suspended from trading on the Alternative Investment Market (AIM) for a period of up six additional months (8 March 2024). During the suspension period, the Company can and will continue its work in the acquisition of an asset. At completion of the RTO acquisition, resumption of the trading of the shares will occur. If an RTO has not been completed by 8 March 2024, the Group’s shares will be cancelled from trading.

Completion of an RTO is a time consuming event requiring negotiations, the successful completion of all party due diligence and the subsequent shareholder approval. In anticipation of our successful sale of Kun-Manie, an RTO Identification Plan was developed by the Board in H1 2022 to enable us to get a head start on acquisition target identification. Throughout 2022 and early 2023, various evaluations and preliminary assessments of numerous international private and public companies had been identified. Geographically these have been located in Canada, the US, Scandinavia, Spain, Brazil, Peru, Chile, Ghana, Kenya, South Africa, Poland and Australia. Commodities have included potash, silica, alumina, copper, nickel, gold, silver, metallurgical coking coal, energy fuels substitutes, lithium, oil / gas and geothermal production. A total of 17 opportunities have been examined and ranked. We have ranked these using the following criteria:

  • Mineral commodity,
  • Acceptable low risk operating jurisdictions,
  • Business model of the RTO target,
  • Timeframe to revenues.

During the course of our investigation, we have also been contacted by two non-mineral resource companies. Discussions with these more financially advanced entities indicate there is potential for us to move into the Artificial Intelligence / Media or Financial Services or other sectors. Being revenue generators today, these warrant further investigation and we therefore expanded our RTO investigation of opportunities beyond mineral resource sector.

Board of Directors

Robert Schafer

Robert Schafer, Non-Executive Chairman

Robert W. Schafer is a Registered Professional Geologist with +30 years international experience exploring for mineral deposits and identifying, evaluating and structuring business transactions globally having worked in more than 80 countries on all continents. Read more

Robin Young

Robin Young, Chief Executive Officer

Mr. Young is a Registered Professional Geologist (NI43-101) and holds a Bachelor of Science Degree in Geological Engineering and has worked extensively in the CIS since 1991. This includes multiple projects in the Russian Federation, former eastern block countries, the "Stans" and China. Read more

Thomas Bowens

Thomas Bowens, Non-Executive Director

Thomas Bowens is a certified professional geologist with thirty years of international experience in the mineral exploration industry and has spent the last twenty-five years based in Mongolia (1998-2006), Russia (since 2005) and Kazakhstan (since 2021). Read more

Paul Gazzard

Paul Gazzard, Non-Executive Director

Mr. Gazzard acted as an external adviser to Amur for the four years before joining the Company as a Non-Executive Director in 2016 and has more than 10 years of experience as a Fund Manager for large institutions in the City of London. Read more

Corporate Mission Statement

Amur Minerals Corporation’s mission is to complete an acquisition via an RTO including shareholder approval before 8 March 2024. A short list of target organisations (including mineral resources, media and financial services sectors) having existing revenue sources are being given priority. If they are not revenue generators, the acquisition must have a defined, near term (targeting less than three years) plan to revenue generation.

Ongoing discussions are underway to allow for a final ranking of the opportunities leading to the selection of the preferred RTO.