What Orecap does

Orecap Invest Corp. is a publicly traded Canadian merchant bank (TSXV: OCI, OTC: ORFDF) focused on the critical and precious metals sector, headquartered in Toronto and operating under the Ore Group umbrella with a lean team of 1–10 employees. The company's core offering is capital deployment and deal structuring rather than a traditional product: it acquires mining and exploration assets, creates go-public events and royalty streams, and provides shareholders exposure to seed-round investments and co-investment opportunities in high-quality resource companies. Its portfolio includes the McGarry gold project in Ontario (consolidated to 100% ownership and now under option to Stardust Metal Corp.), an 8.9% equity stake in Awalé Resources (exercised warrants in May 2026 to reach over 10.6 million shares), and a 19.9% stake in Kirkland Lake Discoveries Corp. acquired as consideration for the sale of the Mirado Gold Project.

Orecap's business model is that of a special-situations investor rather than an operating company. Revenue mechanics come from asset appreciation, equity stake gains, royalties created through transactions, and selective activist investing; pricing is not publicly disclosed because Orecap does not sell a product or service in the conventional sense. Distribution occurs through public market listings, investor events such as PDAC and Ore Day, and direct shareholder communications including corporate presentations and email updates. The company's go-to-market centers on identifying early-stage resource opportunities, financing them, and engineering liquidity events that return value to ORECAP shareholders.

Strategically, 2025–2026 has been a period of active repositioning: the New Issuers spin-out was completed in September 2025 without contributing existing exploration assets, the McGarry project was consolidated to 100% ownership in October 2025, the Mirado project was divested in March 2026 for an equity stake in KLDC, a $13 million (plus potential $50 million) option agreement with Stardust Metal Corp. was signed in April 2026, and a $833,333 interest-free unsecured loan was arranged in May 2026. The recurring direction is a shift from direct physical land ownership toward equity positions in listed exploration companies, while maintaining exposure to gold districts in Ontario and West Africa.

Name

Orecap

Legal name

Orecap Invest Corp.

Website

https://orefinders.ca

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Orecap Invest Corp. is a Toronto-based, publicly traded merchant bank (TSXV: OCI, OTC: ORFDF) that acquires and develops critical and precious metals assets, structures seed investments and go-public events for resource companies, and provides shareholders exposure to early-stage mining opportunities, primarily in gold.

Ownership category

akta.pro rank

Product category

Merchant Banking and Mineral Exploration Investment

NAICS

Gold Ore and Silver Ore Mining (21222), Portfolio Management and Investment Advice (52394)

SIC

Gold And Silver Ores (1040), Mineral Royalty Traders (6795), Investment Advice (6282)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Merchant banking services
• Precious metals investment
• Mineral exploration funding
• Seed round investments
• Royalty and streaming

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Distribution channels1 record

Marketing channels4 records

Core offering

Orecap Invest Corp. is a publicly traded Canadian merchant bank focused on critical and precious metals. It acquires physical resource assets (such as the McGarry Gold Project), takes minority equity positions in early-stage exploration companies (such as Awalé Resources and Kirkland Lake Discoveries Corp.), and creates shareholder value through seed round investments, go-public transactions, and royalty generation. The firm engages in activist investing within the natural resources sector and provides co-investment opportunities to shareholders.

Product overview

ORECAP Invest Corp. is a Critical and Precious Metals focused Merchant Bank operating as a single unified investment platform. The company acquires assets, creates go-public events and royalties, and engages in activist investing. It provides shareholders with seed round investment exposure to high-quality resource companies and co-investment opportunities. The portfolio includes physical land packages (McGarry Gold Project), equity investments in exploration companies (Awalé Resources, Kirkland Lake Discoveries Corp.), and technical report services. The company is listed on TSXV under ticker OCI and OTC under ORFDF.

Differentiator

Problem solved

Functional benefit

Products and services

• McGarry Gold Project A high-quality brownfield gold project in Ontario, Canada along the Larder Lake-Cadillac Deformation Zone, held under option agreement with Stardust Metal Corp. for up to 75% interest through staged commitments.
• Seed Round Investment Program Provides shareholders with exposure to seed round investments in high-quality resource companies and co-investment opportunities in the precious and critical metals sector.
• Asset Acquisition and Royalty Services Orecap acquires assets in the critical and precious metals sector, creating go-public events, royalties, and activist investment opportunities for shareholders.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Stardust Metal Corp.coreStrategic or Co-development Partner · 24 April 2026Orecap and Stardust Metal Corp. executed a formal option agreement granting Stardust the right to earn up to a 75% interest in the McGarry gold project through staged commitments of $13 million over four years, plus a potential $50 million cash payment for the additional 25%. The transaction creates a 50/50 joint venture with Stardust as operator.
• Ore GroupminorStrategic or Co-development PartnerOrecap is associated with Ore Group for events such as Ore Day 2026. The company presents corporate updates at invite-only Ore Day events alongside other Ore Group companies.

Scale indicators7 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Metalla Royalty & Streaming: Metalla Royalty & Streaming acquires and creates royalties and streams primarily over precious and battery metals assets, including early-stage projects. It is a direct functional peer to Orecap's mineral-rights portfolio approach, with a similar strategy of layering small equity/royalty positions across multiple junior miners.
• Adrian Day Asset Management: Adrian Day Asset Management is a long-standing precious-metals investment advisor and fund manager specializing in junior gold and silver producers. Like Orecap, it concentrates exposure in resource equities and seeks to surface undervalued situations, providing a comparable template for active precious-metals portfolio management.
• Sprott Resource Holdings: Sprott Resource Holdings operates as a natural-resource focused merchant bank that makes equity investments and arranges go-public transactions in mining and energy, mirroring Orecap's seed-investment and go-public-event model. It is one of the closest direct analogs in size and strategy, although it pursues a broader commodity mandate than Orecap's precious/critical-metals focus.
• Crescat Capital: Crescat Capital is a precious-metals focused investment manager that holds equity positions in junior mining companies and writes activist theses around them. It shares Orecap's orientation toward catalyst-driven gold/silver equities and activist value creation, though Crescat operates as a fund manager rather than a listed merchant bank.
• EMX Royalty Corp. EMX Royalty Corp. generates royalty interests by providing technical and financial support to junior explorers in exchange for retained royalties and equity stakes. Its deal-making model — funding and supporting early-stage resource companies for royalties plus equity — is structurally similar to Orecap's seed-investment approach.
• Gold Royalty Corp. Gold Royalty Corp. acquires royalties and streams over precious-metals properties, generating revenue tied to underlying mine economics rather than operating mines itself. Its model of holding mineral rights and equity exposure in early-stage miners parallels Orecap's shift toward portfolio equity positions and royalty generation.
• Vox Royalty Corp. Vox Royalty Corp. is a precious-metals focused royalty company that acquires and creates mineral royalties and streams. Like Orecap, it pursues exposure to gold properties without operating mines, and its strategy of building a portfolio of small, high-upside royalty interests is analogous to Orecap's seed-equity approach.

Regional players

• McEwen Mining Inc. McEwen Mining is a North American gold and silver producer and merchant-banking vehicle led by Rob McEwen, operating producing mines plus a portfolio of exploration and streaming-style investments. It shares Orecap's dual model of physical gold assets and minority equity exposure in juniors, although at a larger, producer-stage scale.

Broad incumbents

• Sprott Inc. Sprott Inc. is a publicly listed asset manager and merchant bank with deep focus on precious metals, gold equities, and mining private investments. Like Orecap, it deploys capital into mining opportunities and creates go-public events, but at materially larger AUM and with a much broader product set (ETFs, managed accounts, streaming). It is the most comparable scaled peer for Orecap's merchant-bank thesis.
• Franco-Nevada Corporation: Franco-Nevada is the world's largest precious-metals royalty and streaming company, holding a diversified portfolio of royalty interests over producing and development-stage mines. While operating at a vastly larger scale and stage of asset maturity than Orecap, it represents the broad-incumbent template for monetizing mineral rights without operating mines — the same end-state Orecap's portfolio is moving toward.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/orecap
• Xx.com/orefindersr
• LinkedInlinkedin.com/company/orefinders-resources-inc-orx-

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orecap