AVRT Development Roadmap
Building Financial Infrastructure for Mining Capital Formation
The development of financial infrastructure typically occurs through a series of structured phases involving concept development, regulatory dialogue, pilot implementation, and institutional adoption.
The AVRT initiative follows a similar long-term approach, emphasizing regulatory alignment, governance design, and industry collaboration.
Phase 1
Concept Development & Infrastructure Design
The initial phase focuses on developing the conceptual and technical framework of the AVRT infrastructure.
Key components include:
• financial architecture design
• asset-value-reflecting valuation framework
• governance and valuation oversight structure
• mining finance comparative analysis
• institutional documentation development
Outputs of this phase include:
• AVRT Institutional Whitepaper
• Infrastructure Valuation Memorandum
• Mining Finance Comparative Analysis
• Governance Framework Design
Status: Completed / Ongoing
Phase 2
Regulatory Dialogue & Structural Review
Following the conceptual development phase, the initiative may engage in preliminary dialogue with regulatory authorities.
The objective of this phase is to obtain guidance regarding:
• classification of asset-value-reflecting digital financial instruments
• applicable securities law frameworks
• governance and disclosure expectations
• potential sandbox participation
Regulatory engagement may initially focus on jurisdictions with strong mining capital markets, including Canada.
Status: Planned
Phase 3
Pilot Infrastructure Implementation
If regulatory feedback supports further development, a pilot implementation phase may be explored.
The purpose of a pilot phase would be to evaluate how the infrastructure performs under real-world conditions.
Potential activities may include:
• collaboration with a mining project sponsor
• valuation process implementation
• governance oversight testing
• infrastructure performance evaluation
Pilot programs may be conducted under regulatory observation or sandbox frameworks where applicable.
Status: Future Phase
Phase 4
Institutional Participation
If pilot implementations demonstrate operational feasibility, the infrastructure could begin supporting broader participation from market stakeholders.
Potential participants may include:
• mining companies seeking alternative financing structures
• institutional investors and family offices
• financial institutions involved in resource financing
At this stage, the infrastructure may begin to operate as a structured platform for asset-linked capital formation.
Status: Future Phase
Phase 5
Infrastructure Expansion
Over the long term, the AVRT infrastructure concept could expand to support a wider ecosystem of participants and projects.
Potential developments may include:
• expansion across multiple mining jurisdictions
• integration with existing financial market infrastructure
• support for multiple resource categories
• institutional adoption across the mining sector
The ultimate objective would be the establishment of a transparent and governance-based infrastructure layer for mining capital markets.
Status: Long-Term Vision