Mountainview Capital

Four Points Capital/Yellowhead

Four Points Capital Corp. was our first CPC as principals.  Four Points Capital was listed on the TSX Venture Exchange in March of 2010 and we completed our Qualifying Transaction with Yellowhead Mining Inc. (TSX: YMI) in November of 2010.

Four Points Capital was structured as a very tight shell as it had only 1.1M shares issued and outstanding, which made it a very attractive for larger targets. 

Highlights:
 
  • $165,000 seed round was completed at $0.25 per share
  • $25,000 pre-IPO round was completed at $0.50 per share
  • $200,000 initial public offering was completed at $0.50 per share
  • $8.1M concurrent QT financing price was completed at $1.08 per unit
  • Yellowhead completed a  $25M follow-up financing at $1.45 per unit in March 2011
  • Yellowhead updated its resource in October 2010
  • Yellowhead completed a preliminary economic assessment and increased the resource in March 2011
  • Yellowhead completed a bankable feasibility study in March 2012
  • Permitting and groundbreaking on the constructed are slated for 2013

Moutainview Capital assisted in structuring the qualifying transaction, raising funds and liaising with TSX-V.

Yellowhead Mining is a mining company with a focus of taking its Harper Creek copper-gold-silver project in British Columbia into production.  Yellowhead completed a preliminary economic assesment in March of 2011, a feasibility study in March of 2012 and is in the process of securing project financing and permiting the project.

Press here to read more about Yellowhead Mining.