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Joint Venture Business Model
At Solex, our strategy is to create shareholder value by delineating an economic resource at our properties and then bringing in partners to develop them. Rather than attempting to take our projects to production alone -- where we would monopolize risk and face excessive share dilution -- we aim to advance them to the point where a joint venture partner would come in to accelerate their development. These partners will then provide the complementary skills, technical knowledge and resources necessary to increase the likelihood of success on our projects. In our view, this joint venture strategy is the most effective approach to increasing shareholder value and minimizing risk in the mineral exploration industry.
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