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Chakana Copper Corp recently secured an upsized financing of $3 million in a non-brokered private placement. Major participants include Gold Fields Ltd. and financier Rick Rule, emphasizing robust support. Gold Fields exercised its participation right, elevating its equity to 18.4%. Directors and officers of Chakana Copper also contributed. The funds are earmarked for drilling on the south half of the Soledad project in Peru, targeting the Mega-Gold porphyry. Soledad, located in the Ancash region, boasts significant copper-gold-silver mineralization. The company’s shares, currently at $0.07, aim to fortify exploration and expand the inferred resource at the Soledad project. CEO David Kelley expresses excitement about the strong support received..
Rick Rule Net Worth
Rick Rule net worth as of 2024 is $133 million. All thanks to his array of equity transactions and investment holdings.
As a CEO and Founder of Sprott Global Resource Investments, he enjoys substantial worth. Rick Rule’s journey from academic excellence to becoming a significant player in natural resource investments showcases his entrepreneurial spirit and financial acumen. The limited information about his personal life adds an air of mystery to this successful businessman.
Chakana Copper Corp Net Worth
Chakana Copper Corp. granted options to buy 4,200,000 shares at $0.075 until Sept 29, 2027. These options vest over 18 months. Chakana focuses on the Soledad Project in Peru, known for valuable minerals. An initial estimate found gold, silver, and copper deposits. The project offers investors exposure to precious metals. The company prioritizes responsible mining and awaits approval from the TSX Venture Exchange for these options. More details are available at www.chakanacopper.com.
"I have never seen gold stocks as cheap at today's gold prices as they are right now." pic.twitter.com/9TMN3nKz5Q— Rick Rule Rhetoric (@RickRuleRulz) January 27, 2024
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Rick Rule Social Media
Rick Rule Uranium Bootcamp
In a VIRTUAL Uranium Investors Bootcamp on March 19 from 11:00 AM to 7:30 PM EDT, Rick Rule presents six hours of valuable insights on investing in uranium markets. Featuring uranium CEOs, traders, analysts, and a political figure discussing energy politics, the event offers a unique perspective. Attendees can register to access recorded sessions and explore investment opportunities meeting Rick Rule’s criteria. The one-day bootcamp comes with a 100% money-back guarantee. Register here!
Rick Rule Professional Background
- Founder and CEO of Sprott U.S. Holdings Inc., an asset management and brokerage company focusing on natural resource firms Chakana Copper Corp.
- Oversees investment evaluations as a portfolio manager at various organizations, including Resource Management Investment Corporation and Sprott Asset Management USA.
Rick Rule Educational Background
- Strong academic portfolio in natural resources investing.
- Completed undergraduate studies in natural resource finance at the University of British Columbia in Canada.
Rick Rule Career Highlights
- Cultivated an interest in natural resources at the age of sixteen.
- Managed a bar in Vancouver’s financial district, granting exceptional access to information.
- Attained a securities license leveraging insights acquired from running the bar.
- Spent forty years as an investment manager at Sprott Holdings, maintaining the position of the company’s largest shareholder.
Rick Rule Personal Details
- Native American from Escondido, California.
- Age as of 2024: 68
- Year of Birth: 1956
- Height: 5 feet 11 inches/180 cm
- Weight: Approximately 171 lbs/78 kilograms.
Who is Rick Rule?
Rule currently serves as the Chairman of Southwest Regional Credit Union Ltd. and Managing Member & Chief Compliance Officer at Rule Advisors LLC (which he founded in 2020).
What companies does Sprott own?
Sprott Inc. s top holdings are Pan American Silver Corp. (US:PAAS) , Agnico Eagle Mines Limited (US:AEM and Triple Flag Precious Metals Corp. (CA:TFPM) , Alamos Gold Inc.
How much is Rick Rule worth?
As of 2024, Rick has a worth of $133 million.
Is Rick Rule a billionaire?
No, currently he’s a millionaire with $133 million and he needs $977 more millions to become a billionaire.
Is Rick Rule Canadian?
No, he’s a native American.
Where does Rick Rule live?
According to his profile, he lives in Seattle and his office is in Washington, USA.