Arctic mining company, which conducts geological and mining activities in the North of Yakutia, reports that the investment company Polarctic Management has joined the project. The deal was the result of joint work for a year and a half and should strengthen our investment project “ALMAR – Arctic Diamonds” in the new economic conditions.
Polarctic Management LLC is a Russian investment company established by specialists in the field of investment management and industrial enterprises. The company provides services to founders of projects that are in search of investment, and investors, including private investors and investment funds, which assist in reducing risks at the start of the project to a level that allows you to start investing. For priority projects, the company itself becomes an investor at the seed stage, investing its own financial resources in the project.
Polarctic’s priority activity is investment in mining and processing of minerals at the Seed, Pre-A and A stages, enabling the project to reach operational profitability.