About
At Nebari, we are exclusively focused on creative financing solutions within the mining sector.
Working with partners is at the heart of what we do. We are open to exploring unconventional financial structures and are known for working with motivated and capable management teams looking to accelerate growth.

Our combination of technical experience, operating capabilities and finance experience provide us with a competitive edge. As a team, we’ve owned and operated assets while working for some of the largest mining companies globally and understand the unique challenges our industry faces.
Our senior lending professionals work collaboratively to turn proposals into closed transactions and remain the point of contact throughout the underwriting, closing and post-closing stages of our process. Our streamlined methodology, track record in closing transactions, flat organizational structure and deep mining expertise make Nebari a preferred financing partner. This has also enabled Nebari to successfully close transactions within very efficient time frames.
The firm’s investment professionals first met over a decade ago in Switzerland and remain committed to growing the Nebari philosophy. Nebari’s team of partners and consultants are based globally in Anchorage, New York, Denver, Montreal, Madrid, Zug and Perth.

Mining Transactions

Mar 2023
$51,000,000

Mar 2026
$50,000,000

Dec 2025
$50,000,000

June 2023 / Nov 2025
$41,800,000

June 2023

Jan 2023
$37,000,000

Sept 2025
$35,000,000

Jan 2025
$35,000,000

July 2024

June 2023 / Jan 2024
$34,000,000

Mar 2026

Dec 2021 / Dec 2019

Dec 2021 / Dec 2023

Feb 2024
$28,000,000

May 2022
$21,500,000

Feb 2023
$21,000,000

May 2021

Mar 2020
$16,125,000

Nov 2022
$15,000,000

July 2016 / Jan 2017
$14,325,000

July 2025

July 2017

Mar 2020 / Dec 2021
$11,900,000
Note: The investments discussed do not represent all investments in the portfolio. It should not be assumed that these investments were profitable or will be profitable in the future.
DIRECT EQUITY INVESTMENTS

TSX:ARTG

TSX:BYN

LON:CEY

TSX:DV

TSE:CXB

TSX:MFG

TSX:NCX

TSE:SGNL

TSE:SKE

ASX:TSO
Nebari Team

Daniel Freuman
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He holds an MBA from Columbia Business School and a B.A. in Economics & Finance, Magna Cum Laude, from Princeton University.

Clark Gillam
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He holds an M.Sc in Finance from Trinity College Dublin and a B.Sc in Economics from Wharton Business School.

Andre Krol
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He is a chartered chemical engineer, with a BE from Bath and a PhD from Queensland.

Roderik van Losenoord
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Roderik attained a master’s degree in extractive metallurgy in the Netherlands at Delft University and an MBA in Paris at the Collège des Ingénieurs.

Steven Bowles
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Steven has a Mechanical Engineering degree from the University of Waterloo and a MBA from the Richard Ivy School of Business at Western University.

Richard Gaze
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Over his 28-year career with Mining & Resource Technology, Golder Associates and WSP, Richard has delivered innovative geostatistical solutions and completed Mineral Resource estimates across various commodities for key projects and mining operations worldwide.
Richard has overseen resource and reserve governance audit programs for several Tier 1 mining companies and has routinely coordinated technical due diligence assignments for lenders, advisory firms and financial institutions.
Richard has extensive experience in management and has led Golder Associates’ operations in various operational roles.
Richard has a BEng in Mining Engineering and an MSc in Mining Geostatistics from the University of Leeds, UK.

Justin Anderson
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Justin holds a Master of Science in Mineral Economics and a Bachelor of Science in Mining Engineering, both from the Colorado School of Mines.

André Peers
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André holds a B.Sc.(Hons) Geology degree from the University of Cape Town and an M.Sc. (Eng) Mining degree from the University of the Witwatersrand focused on mineral economics.

Trevor Cohen
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Trevor received an MBA from Northwestern University, and graduated magna cum laude with a B.S. in Accounting from the University of Colorado.

Joshua Goldman
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Jordan Wible
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Nebari Advisors

Christine Hsieh
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Christine has a Bachelor of Arts in economics from the University of California at Berkeley (1995) and a Juris Doctorate from Georgetown University Law Center (1998). She qualified to practice law in Texas in 1998 and in New South Wales, Australia in 2011.

David Mellows
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In 2001, he became the Group Safety Manager at Glencore/Xstrata Coal, where he played a pivotal role in establishing and implementing the company’s safety standards.
In 2011, David moved to Glencore’s Swiss head office as General Manager Sustainability with the Xstrata Iron Ore department, and in 2013 was appointed as General Manager HSEC Risk Management to develop and implement a new approach to HSEC management, including system standardization and hands-on implementation across 150 operations and 50 countries.
David has been semi-retired since late 2021. He became qualified as a NSW Australia Coal Mine Manager in 1982, and holds a Graduate Diploma in Minerals Industry Risk Management from the University of Queensland (2007), and a Diploma in Company Directorship (2011) from the Australian Institute of Company Directors.

Yvonne I. Pytlik
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Yvonne has over 30 years of compliance, audit, risk management, and consulting experience working with broker-dealers, investment advisers, and investment companies (mutual funds). Before joining ACA, she served as CCO for numerous firms and held senior positions with Global Compliance Risk Management Corporation, HSBC Asset Management, Virtus Investment Partners, Deutsche Bank Asset Management, and KPMG LLP. Her various duties included establishing compliance policies and compliance monitoring programs under SEC Rules 206(4)-7 and 38(a)-1 for investment advisers and FINRA regulations for broker-dealers to mitigate regulatory risks.
Yvonne’s expertise encompasses, among other areas, FINRA regulations, U.S. federal securities laws, the SEC Investment Company Act of 1940 and Investment Advisers Act of 1940, the SEC Acts of 1933 and 1934, ERISA, CFTC rules and derivatives, and other regulatory requirements.
Yvonne earned her Bachelor of Science degree in Management and Accounting from the University of Massachusetts and her MBA in Finance from Suffolk University. She is a Certified Public Accountant. She is serving as a Lecturer of Strategic Risk Management with Columbia University, the New York City Risk Management Association’s Board of Trustees, the Mass General Hospital/NWH Advisory Board and served on the executive committees of Suffolk University’s Board of Directors.

Clara Kim
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Clara holds a B.S. from the University of California, Berkeley, and an M.B.A. from the Kellogg Graduate School of Management at Northwestern University.
