View Single Post
Old 05-07-2025, 04:30 PM   #1
TSXCman
First Line Centre
 
TSXCman's Avatar
 
Join Date: Mar 2008
Exp:
Default LF: Small Corporation and Business Structure Advice

I am looking for a discussion or service for myself, in relation to investing in an aggregate mine in BC. There is an existing company with a mine and they had an opportunity to expand to a new area. I was contacted to be a 50% partner for the new mine only.

The mine needs capital upfront for equipment (mix of owned and rented) and has direct (operators and mechanics) and indirect (management, marketing, and safety) workers. Some of the existing salaried workers would be valuable to be shared resources.

It is not clear on the best path forward, between a new corporation, a division inside the existing corporation, or being a contractor with a profit sharing agreement. The more we are overlapped, the more efficiencies are made, but liability may also be shared, regardless of not owning any of the original pit.

My value is capital injection, existing network, professional license, technical knowledge, and project/construction experience. I would not be relocating or providing ongoing oversight.

I am downtown Calgary, but reaching out to this community for a consultation, formally or informally. Please PM to start.
TSXCman is offline   Reply With Quote