Case Studies
Case Study #1:  Idaho General Mines (GMO)
SP placed $30m for IGMI in late February, 2006
Company had a $60m market cap, trading on OTCBB
Solid project and experienced team
Base metal:  molybdenum = huge investor demand
Oversubscribed on offering ($50m +)
Pick and choose best investors
From start of marketing to Close:  3 weeks
Post offering:  buy-side road shows, engagement with IR firm, filed for listing on AMEX, help chose specialist
New AMEX ticker: GMO - $600m+ market cap



Case Study #2: Apollo Gold (AGT)



$5M Shelf Offering for Apollo Gold in October, 2006
Company had a $45m market cap, trading on the AMEX
Experienced mining production team with plan to return Montana Tunnels to production (wall failure)
Needed to raise additional capital for pilot production at Black Fox project, leading to new reserve estimate, final feasibility and permits
Post offering:  Both projects are proceeding and market has responded:  AGT up over 100% from the Close.  Additional investors have expressed interest in participating in any future financings.