Global Resources focused Senior Executive with over 16 years proven experience in Strategy, financing, M&A/JV and technical advisory. Valuable combination of Mining engineer and MBA Finance, both from Government of India's prestigious institutes.
Currently advising Global projects within critical minerals (Electric Vehicle battery and Energy minerals like Lithium, Copper, Cobalt, Graphite, Nickel and Rare Earths). Bring versatile professional experience having worked with Mining Corporate Group (Dubai/Africa); Resources focused Strategic & M&A advisory firm (UK) and Resources Analyst. Held senior positions - currently as a Managing Director of A2Global Advisors, Resources focused Strategic & Technical Advisory firm based out of Singapore, previously as a Group Head – Corporate Finance & Fund Raising with a US$bn Resources Group and as an Associate Director with Resources focused Strategic and M&A advisory firm based out of London.
Achieved Global Resources exposure having worked in India, Africa, Dubai and traveled frequently to 13 countries over the last 10 years - London, Singapore, Hong Kong, USA, DRC, Kenya, Nigeria, Zambia, Zimbabwe, Tanzania, South Africa, Dubai and Indonesia to visit resources projects (across various minerals like Copper, Cobalt, Lithium, Gold, Manganese), to attend Resources conferences (Mining Indaba, LME Week, Cobalt Institute, Coaltrans, Mining Show etc) and meet Global Companies, Government officials, Partners and Investors.
Successfully advised Resources Companies in executing over US$300mn M&A/JV and capital raising deals. Bring strong connections globally within Resources focused Groups, Mining funds, Project finance banks.
● A2Global Advisors is a Global & Independent Corporate Advisory firm with focus on international fund raising, Merger & Acquisitions, Joint Ventures and Strategic Consulting within the Resources Space
● Strategic Advisor to Australia’s AVZ Minerals, ASX listed Critical Minerals Company with US$2bn market cap. Advising them in development of critical minerals (Lithium) and project funding (over US$450mn) (Contract attached only for your reference - extremely confidential)
● Advised Indonesian Zircon and Rare earth Resources Company looking for strategic funding (contract attached)
● Strategic Advisor to Board of a DRC based Critical minerals (Copper & Cobalt) Miner in looking for M&A partner/ Strategic investors and Project Funding (Contract attached - extremely confidential)
● Internal Advisor to Canadian Mining Company having Graphite (Battery minerals) mining project in Sri Lanka - advising in strategy and preparation for funding/getting joint venture partners (Contract attached - extremely confidential)
Typically fees are paid by way of monthly advisory retainer fees and a deal closure success fees. DRC Company CMT Mining (Contract attached fees was US$10,000 per month) and Ameca Mining monthly retainer fees was US$15,000 per month. Success fees varies from 0.5% to 5% of the fund raise or transaction amount. Total earning potential per annum could be US$150,000 to US$1mn (depending on deal closure)
● Somika Group is one of the prominent Resources Groups with focus on Critical Minerals like Copper, Cobalt, Lithium, Tin/Tantalite
● Group Corporate role reporting to Group Chairman in Project development, financing, technical strategy, M&A, Joint Ventures
● Leading discussions with Partners, Traders, Investors, Banks, Investment Banks, legal and other consultants
● Traveled to Kenya, Dubai, South Africa, London and USA for road shows, meetings with several banks, investors, investment banks and representing Group in various resources conferences & forums
● Successfully executed 3 transactions - Lithium JV with Australian listed mining Company, US$30mn streaming deal with large Canadian mining fund for Cobalt project, US$20mn trade financing from large SA fund. Achieved 3 term sheets with total of US$80mn for 3 different transactions from fund and DFIs
● Successfully led corporate structuring exercise for the Group. Advised on efficient structuring, holding companies and their jurisdiction to have an efficient structure from funding, taxation point of view
● Advising Zambian Copper company in fund raise - was in Lusaka for a month
● Successfully closed US$45mn cross border transactions for Indian Oil & Gas company, having assets in Nigeria, West Africa
● Successfully advised Indian Power company forming a Shipping JV in HK, with large trading major (US$20mn)
● Successfully advised Indian Power company in locking long term coal off-take deal in Indonesia (US$30mn)
● Ran fund raising and M&A deal end to end: Was part of the team advising in fund raising for over US$100mn international funding for Indian Power Company for its renewable portfolio (Wind & Solar). Interacting with PE and strategic investors interested in investment in infrastructure sector in India.
● Led several cross border capital raising and M&A projects, end to end
● End to end deal execution, team management and team mentoring
● Strong connections with private equity investors, I-banks/ Advisers from India, London, Africa and South East Asia
Transactions / Projects: Some of the live projects / transactions I was involved in as below:
⮚ Advising copper mining assets in Zambia
● Advising Group having copper mining assets in Zambia (Africa) in their fund raise strategy
● Was in Zambia for few weeks to carry out due diligence on the assets, visited mines, met technical, commercial and finance team
● Due diligence, financial modeling, valuations, investor presentation, investor due diligence etc
⮚ M&A deal: Oil & Gas M&A transaction in Nigeria – Was involved in the fund raise for Indian Oil & Gas group having assets in Nigeria and we have successfully closed M&A transaction worth US$45m. Had visited their Oil & Gas assets in Nigeria, met auditors, local partners, PE funds, banks etc.
⮚ M&A deal: Gold Mining in Zimbabwe – Exclusive adviser to Indian clients having gold mines in Zimbabwe. Advising client in its fund raise / divestment strategy (Deal value of c. US$45mn). Have visited assets in Zimbabwe and carried out detailed due diligence. Met banks, investors, auditors, operational team etc.
⮚ PE Fund raise for African Manganese ore Miner – US$35mn Private equity funding for manganese ore mining company for expansion capex. Advising client on their expansions strategy and preparations for IPO. Attended MINING INDABA 2012 Conference, Cape Town, and met almost 30 global PE funds (mostly Energy & Natural Resources focused)
⮚ London listed Power group (Both Thermal & Renewable) - Represented in a M&A, Corporate Finance and strategy team
● Strategic Finance Advisory
● Part of strategic advisory team for Indian power group
● Created long range strategic/ financial integrated models for renewable and thermal portfolio
● Advising client on expansion, fund raise and M&A strategy
● Business Development for Coal M&A/JV and off-take
● Capital Raising & M&A
● Part of a team involved in fund raise of c. US$100m for expansion of client’s renewable (Both Wind & Solar) and thermal portfolio
● Was in London for 1.5 months to meet various advisors / investors to test market and formulate strategy and structuring as regards to renewable fund raise; evaluated few term sheets on the offer.
● Discussion with bankers for ECB fund raise of US$300m to refinance existing rupee loan
● Understanding RBI regulations, drafting RBI applications, term sheets for ECB fund raise approvals
● Evaluating Power acquisitions opportunities and advising on their expansion into other countries
● Evaluating several power M&A situations in Zimbabwe, Botswana, South Africa, India, Indonesia and elsewhere
● Coal Mining Acquisitions and Business Development
● Advised client for long term off-take deal with Korean major (Value of US$30mn)
● Advising Indian Power companies identify, source and acquire coal mines globally
● Advising Indian Power company on their strategy of setting up mining/coal business abroad
● Led due diligence on mines for clients for off take, acquisitions and JV opportunities. Visited several mines in Indonesia as a part of the due diligence process. Also met several miners for potential acquisitions/JV opportunities
● Represented client in coal conferences like Coaltrans (Bali) and Coaltrans, Goa
● Lead institutional equity research analyst covering Indian Metals & Mining sectors
● Detailed financial modeling, valuation, report writing
● Preparing initiating coverage, Pre quarterly, Result updates and Special reports on companies
● Interacting with the top management of the companies to evaluate their business prospects
● Interacting with the institutional clients on continuous basis to provide updates on the sectors and the companies
● Appeared on business channels like CNBC TV 18, UTV Bloomberg, Zee business, ET now etc on giving views on the resources sector and Companies
Critical Minerals Project Development and Financing
Member of The Australasian Institute of Mining and Metallurgy (AusIMM), which is the peak body for the resources sector in Australia
Member of Melbourne Mining Club