RE: Rns!!!!!21 May 2026 07:37
Deal structure: Nativo funds approved expenditure, Kuboc acts as operator; development SPVs to be 75% Nativo / 25% Kuboc with Nativo having an 85%:15% profit split pre-cost recovery until invested capital is repaid.
Financial commitment & economics: Initial project review exposure not expected to exceed US$70,000; Nativo recovers invested capital first before normal equity economics apply; company may allocate free cash flow or future raises to Bitcoin purchases as part of treasury strategy.
Operational scope & timeline: Initial shortlist covers gold, silver and copper targets in Ayacucho, La Libertad, Arequipa and Ancash; Kuboc (founded 2019) operates two mines and is MINEM-authorised; selection focuses on commercially rewarding, shovel-ready projects able to reach production within 12 months.
Strategic outlook: Partnership provides local operating capability to accelerate Nativo's pipeline and support scaling of Tesoro Gold Concession (Bonanza and Morrocota), ore sales and processing advancement.