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Appian emphasizes collaboration and partnership, working with management teams to design a financing package that best suits the needs of a company and its shareholders, and adding value post-funding through its deep in-house technical and financial team

Photo of gold pouring at Appian portfolio company Harte Gold (Canadian gold developer)

Appian's credit and royalty platform

Appian is a leading financier to the mining sector globally, providing speed and certainty of execution, maximum flexibility and reduced complexity.

Appian’s credit and royalty strategy is managed by a dedicated team of professionals to provide holistic financing solutions to mining companies. The credit and royalty team places an emphasis on collaboration and partnership with its borrowers, working in concert with management to optimize the financing package to best suit the long-term needs of the company and its shareholders.

Tim Mister

Head of Credit and Royalties

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Partnership approach

Dedicated partner providing flexible financing solutions to enhance value for all constituents
“Value-add” approach, providing access for borrowers to Appian’s in-house resources

Flexible investment structures

Appian can move quickly and offer funding sooner in the development progress of a project than traditional capital providers
Appian can offer bespoke credit structures, royalties and streams to support companies with different objectives
Appian can tailor a financing package to a company’s needs; we are less limited by structural limitations of traditional lenders

Use of proceeds

Pre-construction and construction financing
Plant and other expansion capex
Refinancing existing debt to provide more flexibility
M&A financing

Transaction size

US$50 – US$200 million (larger transactions may be considered)
Ability to scale investment over time (customized shaping of draws)

Seniority

Senior secured preferred
Potential for subordinated debt, convertible debt, and preferred equity

Technical expertise and
support on call

Experience identifying project optimizations, increasing the value of a project
Contributing to lower project risk through identification of areas that need further definition or technical support

Partnership with Appian includes support across the following:

Geology, geostatistics and resource estimation
Introductions and negotiations with consultants, contractors and technical providers
Open pit / underground mine design and optimisation
Metallurgical engineering and plant design
Project development, including EPCM, construction, and commissioning
Marketing of intermediate and refined mineral products
Corporate governance advice
Capital markets strategy including introductions to banking relationships and equity research
Permitting advice
Country / political risk assessments
Environmental, health & safety, and social best practices