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HISTORY
OUR STRATEGY
CORPORATE GOVERNANCE
ANNAMITE RESOURCES STRATEGIC PILLARS
OUR STRATEGY
Our strategy is acquiring a good quality portfolio of exploration projects that can be quickly moved to the discovery stage with drilling, i.e., the Project Developer model.
By modern exploration standards, Laos is an underexplored but highly prospective country for the precious and base metal deposit types that Annamite is targeting.
Though modern exploration methods have covered less than 6% of Laos;
The Truongson and Loei Fold Belts which are highly prospective for porphyry and related deposit types comprise 70% of the country.
BUSINESS MODEL
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SECURE TENURE THROUGH JOINT VENTURES
BUSINESS MODEL
Establish secure tenure by forming joint ventures with holders of existing tenements.
Create value by investing in exploration where unrecognized potential has been identified.
TARGET IDENTIFICATION
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UTILIZING PROPRIETARY DATA AND NETWORK
TARGET IDENTIFICATION
Use our proprietary in-house data set and extensive network of contacts in the Lao minerals industry to identify targets.
DUE DILIGENCE
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EXPERIENCED TECHNICAL EVALUATION
DUE DILIGENCE
Conduct due diligence through our experienced technical team.
Provide in-house exploration services as needed.
JOINT VENTURE NEGOTIATION
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EQUITY THROUGH IN-GROUND EXPENDITURE
JOINT VENTURE NEGOTIATION
Experienced management with a proven track record of discovery and delivering shareholder value.
VENTURE PRIORITIZATION
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FOCUSING ON DRILL-READY TARGETS
VENTURE PRIORITIZATION
Prioritize ventures with drill-ready targets that can quickly advance the project up the value curve.
Our strategy is to build a quality portfolio of
near drill-ready to drill-ready exploration projects that can be quickly moved to discovery stage with drilling.
Our team members under our Lao-based expatriate Australian Chief Geologist, Paul Burrell, have already established exploration facilities in-country allowing us to operate cost-effectively without the overhead of importing equipment and people.
CURRENT CAPITAL STRUCTURE
CORPORATE GOVERNANCE
Overall our business philosophy is to adhere to highest standards of corporate governance. The company is incorporated in Singapore as Annamite Resources Holding Pte Ltd. It follows all the requirements of the Accounting and Corporate Regulatory Authority (ACRA) which is the national regulator of business entities, public accountants and corporate service providers in Singapore.
ACRA is responsible for the regulation, supervision and development of investment business and financial services industry in Singapore per the Companies Act (Cap 50), the Limited Liability Partnerships Act (Cap 163A) and the Limited Partnerships Act 2008 (Act 37 of 2008).
The Accounting and Corporate Regulatory Authority (ACRA) is in Singapore the regulator of business registration, financial reporting, public accountants, and corporate service providers. ACRA is also responsible for developing the accountancy sector and setting the accounting standards for companies, charities, co-operative societies, and societies in Singapore. ACRA fosters a vibrant and trusted business environment that enables innovation and growth and contributes towards making Singapore the best place for business.
Formed in 2004, ACRA administers the Accounting and Corporate Regulatory Authority Act 2004, the Accountants Act 2004, the Business Names Registration Act 2014, the Companies Act 1967, the Limited Liability Partnerships Act 2005, the Limited Partnerships Act 2008 and the Variable Capital Companies Act 2018.
On 1 April 2023, ACRA, the Singapore Accountancy Commission (SAC) and the Accounting Standards Council (ASC) merged as one entity, taking on the name, ACRA. The merger aimed to strengthen the effectiveness of regulation, standards-setting, and sector development by harnessing synergies across complementary accountancy-related functions.
The company is incorporated in Singapore as Annamite Resources Holding Pte. Ltd (ARH). It follows all the requirements of ACRA, which is the national regulator of business entities, public accountants and corporate service providers in Singapore. Another company named Annamite Resources Investment Pte. Ltd (ARI) was subsequently established.
Overall our business philosophy is to adhere to highest standards of corporate governance.
ANNAMITE'S CORE GOVERNANCE PRINCIPLES
No. 1
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To be a good corporate citizen, demonstrating integrity in each business and community.
This involves conducting operations ethically, transparently, and responsibly, while adhering to the highest standards of honesty and fairness.
No. 2
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To be open and honest in all our dealings, while respecting commercial and personal confidentiality.
We uphold the highest standards of confidentiality by respecting and safeguarding sensitive commercial information and personal data.
No. 3
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To be objective, consistent, and fair with all our stakeholders and shareholders.
By maintaining these values, we aim to build a strong foundation of trust, credibility, and respect, which is crucial for sustainable growth and long-term success.
No. 4
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Joint ventures will be negotiated with a focus on equity earned through in-ground expenditure.
This approach prioritizes the direct investment of resources, effort, and capital into exploration, establishing a clear link between the financial commitments made and the equity stake earned.
No. 5
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To operate professionally in a performance-orientated culture and be committed to continuous improvement.
Being committed to continuous improvement means constantly seeking ways to enhance our processes, skills, and outcomes by embracing feedback, learning from experience, and adapting to change.
COMPANY CODE OF CONDUCT
This code of business conduct and ethics (Code) applies to Directors, employees (Employees) of Annamite Resources Group (Annamite) and its subsidiaries, as well as contractors (Contractors) and consultants (Service Providers) in the course of carrying out work on behalf of or for Annamite.
All Employees, Contractors, and Service Providers are required to operate and behave in accordance with the Annamite values of ethics, safety, sustainability, excellence, accountability, and respect.
Our CODE OF BUSINESS CONDUCT AND ETHICS are available in English and Lao:
CODE OF BUSINESS CONDUCT & ETHICS
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ENGLISH
CODE OF BUSINESS CONDUCT & ETHICS
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LAO
ANNAMITE RESOURCES CORPORATE POLICIES
Simply put – this means doing the right thing.
Our business decisions incorporate careful consideration of core principles embedded in our Code of Business Conduct and Ethics and subsequent upcoming Corporate Polices and Procedures. These new corporate documents are being developed during 2024 and 2025 to be formally approved by the Board of Directors.
Annamite Resources Holdings Pte. Ltd. (ARH) is a precious and base metals mineral exploration company established in June 2019, incorporated in Singapore (# 201915983C) with operations in Laos.
Our local Lao subsidiary Annamite Resources Laos Co., Ltd (# 01-00024196) was established in July 2020.
Annamite Resources is a member
Singapore Mining Club
ANNAMITE RESOURCES 2024