
Norseman Silver
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | $5.0m | Private Placement non VC | |
Total Funding | 000k |
The story begins not with Norseman Silver, but with a company incorporated in 1985 that would eventually become it. Fast forward to 2020, and the company, then known as Norseman Capital Ltd., pivoted, renaming itself Norseman Silver Inc. to reflect a new focus. This strategic shift was driven by a new management team, including Chairman Campbell Smyth and CEO Sean Hurd, who took the helm after the previous board was removed. Under this new leadership, the company embarked on acquiring and exploring promising silver and copper properties in British Columbia, Canada, and expanded its portfolio into Argentina. A key move was a joint venture with Cloudbreak Discovery, which brought crucial technical expertise and key projects into the fold. A significant transformation occurred in January 2024, when Norseman Silver Inc. rebranded to Fitzroy Minerals Inc. This wasn't just a name change; it marked a broader strategy to develop a portfolio of copper and gold projects across the Americas. Shortly after, in July 2025, the company announced a major milestone: the closing of a $12 million financing round. This capital infusion was earmarked to aggressively advance exploration on its core Chilean copper projects, signaling a clear and funded path forward for the newly minted Fitzroy Minerals.