At Clarus, we’re dedicated to staying at the forefront of emerging trends. Take a look at some of the new ideas we’ve been involved within the past few months:
Park Lawn Corp. PLC – As Canada's only publicly listed cemetery and funeral home provider, Park Lawn is well suited for the demographic trend of an aging population.
Kalytera Therapeutics – A biotech company that is focused on developing proprietary CBD formulations from cannabis plants in the medical marijuana space.
Field of Greens
Clarus was active in Q4/16 as it was involved in seven transactions raising a total of $444 million. We maintained our marquee position in the emerging marijuana space having participated in four transactions (two as lead) raising a total of $105 million. Other major transactions were completed raising $288 million in the oil and gas sector, and $51 million in the technology and diversified spaces.
Buriticá Site Visit Confirms Highly Attractive Project
We were on site this week at CNL's Buriticá project in Columbia. Overall, we come away from the visit encouraged by the positive trial mining results to date and the approach of the team on the ground in Columbia.
Next Steps Post-Permitting
With all environmental permits now in hand, management is now focused on detailed engineering of the Buriticá project....
Our underground tour allowed us to visit underground test stopes and cross cuts in the San Antonio (Yaragua) and Murciealagos (Yaragua) vein packages. Results from significantly wider and higher grade results that suggest potential for upside to feasibility study assumptions...
Our meeting with local community leaders highlighted the strong support for the project and company in Buriticá and the quality of its CSR program locally...
It isn’t just the Rio Olympics sporting a banner of green and gold this season. With stellar growth in both, the gold and medical marijuana industries, Clarus has been busy with raising over $500 million in capital for our clients.
The yellow metal has been an outstanding performer this year, both in terms of its rising price but also in terms of raising capital to shore-up balance sheets and stimulate growth.
With companies in Canada, London and Austrialia, Clarus has been active in the space and has had 9 transactions for a total value of $475 million and have led or co-managed some $173 million.
To Greener Pastures
The major Medical Marijuana players have also been active raising capital to help expand their production & growing capacities. Clarus has focused on what we believe to be industry leaders in the space and have helped raise over $45 million to support their cause.