COMPANY OVERVIEW

Acrux Resources is a commodity resource specialist company that provides bespoke investment opportunities through physical trading, deal-by-deal investments, fines recovery and sensor-based sorting technology. Acrux Resources prides itself on its successful partnerships with key industry-leading players such as Wogen Resources, Ata Capital, DRA Global and IMS Engineering, which enable Acrux to deliver on its objectives.

Established in 2013, Acrux Resources follows a critical investment evaluation process for each investment opportunity and has to date facilitated investments in 6 commodity resource opportunities out of over 200 opportunities that have been evaluated.

Based on a solid investment philosophy, Acrux:

• Delivers innovative and carefully selected investment opportunities
• Does not speculate on commodity price direction
• De-risks the capital invested to provide outsized returns for the investment risk

Managed by a team of 6 diverse, independent thinking professionals with over 170 years’ combined mining finance, investment banking, private equity fund management, metals, commodity, currency, derivative trading and technical experience, we are committed to delivering solutions with our clients’ best interests at heart.

INVESTMENT APPROACH

Acrux Resources’ objective is to fund viable commodity assets that are in development or production stages that require acquisition, growth or replacement capital in order to maximise shareholder value.

Acrux Resources’ approach to investment focuses on four key elements which are *assets, people, potential and partnerships that allow us to carefully seek investment opportunities and provide bespoke solutions in line with our clients’ needs.

Acrux Resources has an unlimited product scope and in-depth understanding of the commodities cycle enabling them to capture value throughout the cycle.

ACRUX RESOURCES MULTI-DISCIPLINARY APPROACH

OUR CORPORATE CULTURE

Active Listening

Innovation

Integrity

Transparency

OUR TEAM

Richard Linnell

Non-Executive Chairman

Richard Linnell is the Non-Executive Chairman at Acrux Resources, with over 54 years’ global experience in the resource and energy sectors. Through his career Richard has held executive positions at the Rhodesian Geological Survey, Delta Metal Company, Murray and Roberts, Middleburg Steel & Alloys, Gencor, Samancor and BHP Billiton.

Sean Browne

Executive Director

Sean Browne is an Executive Director at Acrux Resources with 19 years’ experience in investment banking, commodity derivative sales, structuring and trading, FX and rates trading, debt capital markets, structured mining finance and deal origination. Sean has worked at Deutsche Bank, Standard Bank of South Africa and Standard Chartered Bank.

Geoff Linnell

Executive Director

Geoff Linnell is an Executive Director at Acrux Resources. He has 25 years experience in commodity markets, physical commodity trading, supply chain management, junior mining and equity capital markets. Geoff has worked with Metmar Trading, GVM Metals (now MC Mining), RAB Capital and Wogen Resources…

Lelo Rantloane

Non-Executive Director

Lelo is an Non-Executive Director at Acrux Resources and the CEO of Ata Capital, a private equity fund manager focused on non-traditional alternative strategies. He has 18 years’ investment banking experience in debt capital markets, structured and leverage finance, and securitisation.

Dunbar Dales

Head of Technical

Dunbar Dales is the Head of Technical at Acrux Resources and a geologist. He has 45 years’ general management experience at a senior operational and corporate level, working with mining companies across Africa. He has a unique combination of technical, strategy and…

Karel Potgieter

Managing Director Acrux Sorting Technology

Karel Potgieter is the Managing Director of Acrux Sorting Technology (AST), with 12 years’ experience in the mining industry. He has operational experience in the gold sector (JSE- and AIM-listed mining companies), with a unique skill sets on optimising marginal operations.