Strategy Overview
AJAX Resources Plc is a natural resources investment company listed on the Aquis Stock Exchange (AQSE: AJAX). The Company was previously listed on the FCA Official List of the Main Market of the London Stock Exchange as a Special Purpose Acquisition Company (SPAC) before transitioning into its current strategy as an operational natural resources investment vehicle.
Ajax is focused on identifying, acquiring, and advancing assets with exposure to copper, gold, zinc, uranium, and lead—commodities with strong long-term demand fundamentals. The Company completed its first acquisition on 21 May 2025, with the purchase of Puna Metals S.A., which holds the mining rights for 12 licences collectively forming the Eureka Gold and Copper Project in the north-west of the Province of Jujuy, Argentina.
Ajax’s strategy is centred on the acquisition and development of assets with historical production, significant untapped reserves, and material exploration prospectivity. This also includes a focus on opportunistic acquisitions, where the Company can secure high-quality projects at favourable valuations due to underinvestment, legacy ownership structures, or operational stagnation.
By combining strategic land consolidation, near-surface gold production potential, and value-driven acquisition opportunities, Ajax aims to build a diversified portfolio of long-life mineral assets with both near-term cash flow pathways and substantial long-term exploration upside.
With the Board and connected parties holding around 40% of the Company’s shares, our interests are fully aligned with those of our investors. Ajax maintains a lean corporate structure, which allows us to move quickly and focus on assets that have been carefully and astutely selected for their long-term potential. Our market capitalisation does not reflect the scale of the resource potential we are bringing together—particularly when our cash position alone represents roughly half of our market value. As a high-growth company on Aquis, our focus is firmly on creating meaningful value for shareholders as we continue to expand and strengthen our portfolio.
Ippolito Ingo Cattaneo, Chief Executive Officer and Founder
Board & Management
Our Board of Directors and executive team bring decades of combined experience in energy, finance, and operations.