Crescat Capital LLC (“Crescat”) follows a friendly activist investment strategy in the precious metals mining industry. Crescat’s funds and separately managed accounts principally invest in companies focused on gold and silver exploration and may also invest in companies focused on industrial base metal exploration, including copper and nickel.
An alphabetically organized list of precious metals miners in Crescat’s portfolio for which it has published case studies on its website and/or social media networks is included below. Because Crescat does not publish case studies on all of its positions, the list is not fully representative of the miners held by Crescat’s funds and separately managed accounts. In addition, although Crescat attempts to keep the list up to date, it may from time to time include positions Crescat no longer holds.