MineralFields Group

MineralFields Group (Canada) offers flow-through share investments in mining companies, specializing in gold, platinum and uranium. Now in its 8th year of business, it purports to have raised $552,178,570 to date; while sustaining “no debt (ever)” and with low overheads. [See introduction for further discussion of Flow Through Shares]. Together with NovaDX (qv), in early 2009 it made a non-brokered private placement with Houston Lake Mining Inc.

At the begining of 2010, the group announced that, along with Pathway Asset Management (itself including EnergyFields Group) total investor subscriptions in 2009 were $152,539,340 million, representing the largest "investor raise" in 2009 of any flow-through limited partnership organization in Canada.

Later the same year,Halo Resources Ltd of Canada sold 10 million "flow through" units, valued at half a million dollars, to MineralFields, in order for Halo finance its Canadian base and precious metals exploration [Marketwire 15 June 2010].