Queen's Road Capital Investment (QRC) Corporate presentation summary

Business overview

• Provides investment capital to resource companies, focusing on structures that limit downside and retain upside, primarily through convertible debentures.

• Managed by experienced professionals with over 60 years in global resource sector financing.

• Well-funded and supported by prominent entrepreneurs and institutional investors, with top 7 shareholders owning over 75% of shares.

Financial performance

• Achieved a 55% CAGR in revenue and 82% CAGR in net income since 2020.

• Net asset value (NAV) has grown more than fivefold since inception, with a 34% CAGR.

• Trades at a significant discount to NAV despite strong financial growth.

• Returned nearly C$50 million to shareholders via dividends and buybacks since 2020.

Investment strategy and portfolio

• Invests in public and private natural resource companies, focusing on convertible debt to preserve capital and limit downside risk.

• Portfolio includes significant positions in uranium, copper, and gold, with 57% exposure to uranium.

• Convertible debenture investments offer downside protection, income, and equity upside.

• Major investments include NexGen, Moxico Resources, Gold Royalty, and others.