We aim to create value for both investors, joint venture partners and stakeholders to ensure a mutually beneficial relationship that will be ongoing through mine development.
Didier Fohlen, CEO
We intend to be first movers in a new wave of exploration in Laos
Annamite Resources Holdings Pte. Ltd. (ARH) is a precious and base metals exploration company incorporated in Singapore in May 2019, with operations in Laos through a Lao subsidiary named Annamite Resources Laos Co., Ltd (ARL).
We focus our exploration on gold, copper, and battery metals as vital input for the global transition to green energy.
In November 2021, we acquired a 70% ownership in an exploration project of 80 sq.km under Lao Hyundae Black Stone Co., Ltd (LHBS) and discovered a highly prospective porphyry copper-gold system named Sokdee.
Sokdee is located in the Hinherb District of Laos, about 100 km NNW of Vientiane. The known gold occurrences offer potential for early development and cash returns.
The Namthom, Mouk, and Boundary targets in the Sokdee tenement are surrounded by peripheral mineralization, reflecting a large NE–SW striking system of >6 km with three known porphyries and potential for additional blind porphyries and other mineralization styles.
During 2023, Annamite and Rio Tinto, a major mining and exploration company with the second-largest market capitalization in the mining sector, joined forces to explore the Sokdee Project. Annamite is conducting the current exploration phase, while Rio covers the exploration costs for the most recent field season.
A Joint Development Agreement (JDA) with Lao Mining Development State Enterprise (LMD) was signed in March 2022, covering prospective projects in Vientiane province. Annamite is carrying out technical due diligence on several projects.
After signing an MOU in August 2023 to explore a new property named Vangma covering 148 sq.km adjoining Sokdee’s southern border, we signed a Joint Venture Agreement (JVA) on 29 March 2024 with Douangchaleun Development Construction Sole Co., Ltd. (“DDC”).
Initial geochemistry soil sampling commenced in April 2024.
With US$3.9 million equity raised since mid-2019 (shares issued), Annamite can advance exploration activities at Sokdee and Vangma during 2024.
The company currently has 116M shares outstanding, held by 70 shareholders from Laos (33%), Europe (32%), Australia (13%), North America (8%), Asia (13%), and Africa (1%).
Annamite continues to expand its global shareholder base, recognizing the high-growth opportunity in Laos and the value of contributing to sustainable development within the country.
In 2026, ARH plans to list on the Australian Securities Exchange (ASX), the major market for junior mineral exploration companies.
CORPORATE GOVERNANCE
Overall our business philosophy is to adhere to highest standards of corporate governance.
The company is incorporated in Singapore as Annamite Resources Holding Pte Ltd. It follows all the requirements of the Accounting and Corporate Regulatory Authority (ACRA) which is the national regulator of business entities, public accountants and corporate service providers in Singapore. ACRA is responsible for the regulation, supervision and development of investment business and financial services industry in Singapore per the Companies Act (Cap 50), the Limited Liability Partnerships Act (Cap 163A) and the Limited Partnerships Act 2008 (Act 37 of 2008).
ANNAMITE'S CORE GOVERNANCE PRINCIPLES
- To be a good corporate citizen, demonstrating integrity in each business and community in which we operate.
- To be open and honest in all our dealings, while respecting commercial and personal confidentiality.
- To be objective, consistent and fair with all our stakeholders.
- Joint ventures will be negotiated with a focus on equity earned through in-ground expenditure, particularly drilling.
- To operate professionally in a performance-orientated culture and be committed to continuous improvement.
OUR CURRENT CAPITAL STRUCTURE
COMPANY CODE OF CONDUCT
This code of business conduct and ethics (Code) applies to Directors, employees (Employees) of Annamite Resources Group (Annamite) and its subsidiaries, as well as contractors (Contractors) and consultants (Service Providers) in the course of carrying out work on behalf of or for Annamite.
All Employees, Contractors and Service Providers are required to operate and behave in accordance with the Annamite values of ethics, safety, sustainability, excellence, accountability and respect.
Our CODE OF BUSINESS CONDUCT AND ETHICS are available in English and Lao:
ANNAMITE RESOURCES IN SINGAPORE
The Accounting and Corporate Regulatory Authority (ACRA) is in Singapore the regulator of business registration, financial reporting, public accountants, and corporate service providers. ACRA is also responsible for developing the accountancy sector and setting the accounting standards for companies, charities, co-operative societies, and societies in Singapore. ACRA fosters a vibrant and trusted business environment that enables innovation and growth and contributes towards making Singapore the best place for business.
Formed in 2004, ACRA administers the Accounting and Corporate Regulatory Authority Act 2004, the Accountants Act 2004, the Business Names Registration Act 2014, the Companies Act 1967, the Limited Liability Partnerships Act 2005, the Limited Partnerships Act 2008 and the Variable Capital Companies Act 2018.
On 1 April 2023, ACRA, the Singapore Accountancy Commission (SAC) and the Accounting Standards Council (ASC) merged as one entity, taking on the name, ACRA. The merger aimed to strengthen the effectiveness of regulation, standards-setting, and sector development by harnessing synergies across complementary accountancy-related functions.
The company is incorporated in Singapore as Annamite Resources Holding Pte. Ltd (ARH). It follows all the requirements of ACRA, which is the national regulator of business entities, public accountants and corporate service providers in Singapore. Another company named Annamite Resources Investment Pte. Ltd (ARI) was subsequently established.
Overall our business philosophy is to adhere to highest standards of corporate governance.