REG - Nativo Resources Plc - Digital Asset Treasury Policy

Nativo ResourcesAnnouncement

24/07/2025 07:05

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RNS Number : 3241S  Nativo Resources Plc  24 July 2025

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

24 July 2025

Nativo Resources Plc

 

("Nativo" or the "Company")

 

Digital Asset Treasury Policy

 

Nativo Resources plc (LON:NTVO), a gold-focused mining company with interests
in Peru, is pleased to announce the adoption of a Digital Asset Treasury
Policy to enhance its approach to capital allocation and balance sheet
management.

 

As Nativo prepares to restart gold mining operations at the Tesoro Gold
Concession, the Board has reviewed its treasury policy. Going forward, subject
to working capital requirements, a portion of any free cash flow from mining
and processing activities and a proportion of the proceeds of any future
fundraises, may be allocated to Bitcoin, which will be held as a long-term
treasury reserve asset.

 

The Board believes that exposure to both gold and Bitcoin offers shareholders
a unique, diversified hedge against inflation. Bitcoin's fixed supply,
decentralised nature, and low correlation with traditional assets position it
as a compelling complement to gold, which serves as a reliable store of value.
In addition, the Company sees potential to use Bitcoin to accept/make payments
to/from counterparties, enhancing financial flexibility.

 

It should be noted that a growing number of publicly listed companies have
adopted digital asset focused treasury strategies, and this has sometimes
resulted in significant volatility in their share price and a dislocation
between their market capitalisation and the underlying value of their assets.

 

While the Board recognises that an acquisition of Bitcoin may provide
diversification benefits, it also acknowledges the inherent risks associated
with such an asset. Bitcoin is highly volatile and speculative, with
significant price fluctuations. The exposure to digital assets may compound
and increase volatility in the Company's share price, potentially diminishing
its appeal to investors and constraining its ability to raise additional
capital in public markets.

 

In addition, the regulatory environment for digital assets remains uncertain
and subject to change, which may impact the Company's ability to hold or
transact in Bitcoin. There are also risks associated with custody, security,
and accounting treatment of digital assets, any of which could have a material
adverse effect on the Company's operations and investor returns.

 

Nativo's Digital Asset Treasury Policy would be facilitated through a proposed
strategic partnership with Copper.co., a leading provider of
institutional-grade custody and collateral management services for digital
assets, including cryptocurrencies. Copper.co is in the process of onboarding
Nativo and is expected to provide storage, management, and settlement services
for digital assets to be held in the Company's treasury. Nemean Services,
which provides digital asset security and recovery services and works with
Copper.co, is expected to provide third-party security services.

 

Nativo is moving forward with its plans to establish sustainable gold
production in Peru. The strategy is based on three core activities: primary
gold mining, gold ore processing, and the recovery of gold from tailings. The
Company has already acquired or optioned several projects for development and
has identified additional opportunities to scale its operations over the next
12 months.

 

The Company will maintain a prudent and transparent approach to digital asset
management. This policy is intended to be implemented using the Company's
proprietary capital in support of its operating business and does not involve
the pooling of third-party funds or the operation of a collective investment
undertaking.

 

Christian Yates, Executive Chair of Nativo, commented:

 

"Nativo is, first and foremost, a mining company. However, in today's evolving
financial landscape, exposure to both gold and Bitcoin allows us to
future-proof our treasury. With concerns mounting around fiat currency
depreciation, rising global debt, and inflation, we believe Bitcoin and gold
will continue to strengthen as inflation hedges.

 

Through our partnerships with Copper.co and Nemean Services, we're
implementing a secure and prudent approach to managing digital assets,
designed to deliver long-term value to shareholders."

 

For further information please contact:

 Nativo Resources                                   Via Vigo Consulting

 Stephen Birrell, Chief Executive Officer           nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)
 Zeus Capital (Nominated Adviser and Joint Broker)

 James Joyce                                        Tel: +44 (0)20 3829 5000

 James Bavister
 Peterhouse Capital limited (Joint Broker)          Tel: +44 (0)20 7469 0930

 Duncan Vasey

 Lucy Williams

Rose Greensmith
 Vigo Consulting (Investor Relations)               Tel: +44 (0)20 7390 0234

 Ben Simons                                         nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

 Peter Jacob

Anna Sutton

 

About Nativo Resources plc

 

Nativo has interests in gold projects in Peru. The Company's strategy is based
on three core activities: primary gold mining, gold ore processing, and the
recovery of gold from tailings. The Company has already acquired or optioned
several projects for development and has identified additional opportunities
for expansion. Nativo's nearest-term objective is to scale operations on the
Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Nativo
intends to allocate portions of free cash flow from mining and processing
activities and future fundraises to Bitcoin purchases, and to hold Bitcoin as
a long-term treasury reserve asset.

 

Follow us on social media:

 

LinkedIn: https://uk.linkedin.com/company/nativoresources-plc
(https://uk.linkedin.com/company/nativoresources-plc)

X: https://x.com/nativoresources (https://x.com/nativoresources)

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