Thank you for joining this week’s Inner Circle Deals & Capital session and, if you didn’t make it, you missed out!

Below is a summary of the key discussions and presentations from the meeting.

Tom Harris – Alpine Ridge Funding

Alpine Ridge Funding provides flexible factoring solutions to small and lower middle-market businesses across a broad range of industries, primarily through the purchase of accounts receivable.

Alpine specializes in delivering liquidity to companies that may not qualify for traditional bank or asset-based financing. This includes businesses with limited or short operating histories, those undergoing turnarounds or restructurings, as well as companies navigating acquisitions, ownership transitions, or periods of rapid growth. The platform also supports funding for new projects, customer concentration challenges, carve-outs from existing borrowing bases, and off-balance sheet transactions.

In addition to receivables, Alpine may consider advancing against other asset classes, including inventory, machinery and equipment, and real estate, where appropriate.

Designed to meet the needs of underserved businesses, the Alpine platform offers a streamlined and efficient alternative to traditional financing. By eliminating lengthy bank approval and due diligence processes, Alpine delivers fast turnaround times from application to funding, enabling clients to stay focused on operating their business and serving their customers.

Tom’s presentation can be viewed HERE and he can be reached at tharris@alpineridgefunding.com.

Scott Sinclair – Sinclair Range, for Sirona Pharma Inc.

Sinclair Range Inc. is pleased to introduce a compelling equity and/or strategic partnership opportunity in Sirona Pharma Inc. (“Sirona” or the “Company”), a Health Canada-licensed premium cannabis producer currently navigating a structured exit from creditor protection under the Companies’ Creditors Arrangement Act (“CCAA”). This financing will facilitate the Company’s exit from CCAA and position it to capitalize on significant near-term revenue opportunities in both domestic medical and international premium markets.

Sirona operates a state-of-the-art, 130,000 square foot indoor cultivation and processing facility near Peers, Alberta and holds significant hard assets, including land and buildings appraised at C$47 million (June 2024) and equipment with a cost value in excess of C$12 million. The Company is well positioned to exit its current restructuring in the coming months, with its Health Canada cultivation licence expected to be reinstated in March 2026. We are seeking a strategic partner or equity investor to provide C$6.0 million in capital to facilitate this exit and position the business for accelerated growth.

Scott’s presentation can be viewed HERE and he can be reached at ssinclair@sinclairrange.com.

Rick Williams – Terreno Resources Corp. Update 

Terreno has successfully closed a $500K private placement financing, which was four times oversubscribed. The company elected not to accept additional funds, reflecting both strong investor demand and disciplined capital management.

The round brought together a high-quality group of 29 retail accredited investors, including two who are also supporting the company as letter writers.

This financing is expected to carry the company through the development phase and position it for a production decision. Notably, the required equipment is already in place, significantly reducing execution risk.

Current geopolitical and market dynamics are also working in the company’s favour. Bolivia has shifted away from socialism and is now embracing Western capitalism, reopening the country to U.S. and Canadian foreign investment.

At the same time, global demand for tantalum is accelerating rapidly—driven by defense applications, artificial intelligence, and growing use in healthcare technologies. Supply, however, is tightening due to recent disruptions in the Congo, including a bridge collapse at one mine resulting in 32 fatalities, and a landslide at the world’s largest mine (representing approximately 15% of global production) that claimed over 200 lives.

Rick can be reached at rickw@wasecoresources.com.

As always, we invite Inner Circle members to bring forward business challenges, investment opportunities, and capital-raising initiatives for upcoming sessions. If you’d like to present a deal or capital-raising opportunity, workshop a live challenge in your business, or share a case study that others can learn from, please reach out to our team to reserve a presentation slot at an upcoming Inner Circle: Deals & Capital session.

Thank you again for your continued engagement and collaboration. We look forward to seeing you at the next session.