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Mandalay Resources Corp.

Mandalay Resources creates exceptional shareholder value through the acquisition of undervalued assets that can: become rapidly cash generative, self fund exploration, establish and maintain high operating margins, and return cash to shareholders.  Mandalay is committed to operating safely and in an environmentally responsible manner, while developing a high level of community and employee engagement.

 
Vision
 
To create exceptional shareholder value through the acquisition of undervalued assets that can: become rapidly cash generative, self fund exploration, establish and maintain high operating margins, and return cash to shareholders.  Mandalay is committed to operating safely and in an environmentally responsible manner, while developing a high level of community and employee engagement.

 
Strategy
 
Entry Strategy
• Acquire high-quality assets at a low cost relative to ultimate value
• Apply management’s extensive operational and exploration expertise to turn around, grow and/or develop the assets
• Focus on cash returns to shareholders and prudent use of leverage
 
Operational Strategy. Mandalay is focused on:
• High-margin projects where we can achieve rapid production ramp-ups from restarts, turnaround situations or late-stage development
• Early cash flow to fund exploration, growth, and operational improvements
• Building critical mass through acquisition
 
Capital Strategy. Reduce dilution and return cash to shareholders:
• Announced dividend policy, currently paying annualized dividend of 6% of gross revenue*
• NCIB: Repurchasing up to 5% of the Company from operational cash flow over 1 year


Contact Us

Mandalay Resources Corporation
76 Richmond Street East, Suite 330
Toronto, ON, M5C 1P1, CANADA

Investor Relations 
+1 647 260 1566
g.ditomaso@mandalayresources.com