# Vendetta Announces $4.7 Million Investment by Singapore J&Y Investment PTE. Ltd. Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd--020422a7-1ec3-4ed7-b61d-dd41853a98ae Original source: https://money.tmx.com/en/quote/VTT/news/5324695469865645/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd Publisher: tmx Original announcement: 2021-12-09T13:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Vendetta Mining Corp. - Ticker: VTT - Exchange: TSX - Region: Queensland, Australia - Primary commodity: Lead - Secondary commodities: Zinc, Silver - Document categories: Resource update, Capital raise - Extracted: 2026-09-13 07:02:40 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Vendetta Mining Corp. has secured a $4.77 million investment from Singapore-based J&Y Investment Pte. Ltd. via a two-tranche non-brokered private placement. The proceeds are intended to retire debt from Nebari Holdings LLC and advance the Pegmont Lead Zinc Project in Australia. The release also restates the Pegmont Mineral Resource Estimate from January 2019. Reasoning: The announcement secures substantial non-brokered private placement funding to advance the Pegmont project and retire debt, though the included resource summary is a restatement of 2019 data. - Positive factor: significant capital injection of $4.77M - Positive factor: strategic investor providing board nomination rights - Positive factor: proceeds to retire debt and advance Pegmont project - Negative factor: resource data is historical \(effective 2019\) - Negative factor: investment subject to regulatory approvals \(FIRB\) Facts used in scoring: 7 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The Pegmont resource includes a significant Inferred component \(8,277 Kt\). Evidence · text > Inferred 8,277 Kt @ 5.1% Pb, 2.8% Zn, 8 g/t Ag **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The Pegmont resource includes an Indicated component \(5,758 Kt\). Evidence · text > Indicated 5,758 Kt @ 6.5% Pb, 2.6% Zn, 11 g/t Ag **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The resource estimate provided has an effective date of 21 January 2019, which is more than 2 years old. Evidence · text > effective date of 21 January 2019 ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Resource Estimates (6) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd--020422a7-1ec3-4ed7-b61d-dd41853a98ae#fact-resource-facts-1) lead #### Identity - Commodity: lead - Ticker: VTT #### Resource scope - Estimate type: resource - Effective date: 2019-01-21T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:6e27a7f3529dad9eab93 - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 5758000 - Grade: 6.5 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-12-09T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 6.5 Context: 5,758 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd--020422a7-1ec3-4ed7-b61d-dd41853a98ae#fact-resource-facts-2) zinc #### Identity - Commodity: zinc - Ticker: VTT #### Resource scope - Estimate type: resource - Effective date: 2019-01-21T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:6e27a7f3529dad9eab93 - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 5758000 - Grade: 2.6 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-12-09T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 2.6 Context: 5,758 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd--020422a7-1ec3-4ed7-b61d-dd41853a98ae#fact-resource-facts-3) silver #### Identity - Commodity: silver - Ticker: VTT #### Resource scope - Estimate type: resource - Effective date: 2019-01-21T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:6e27a7f3529dad9eab93 - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 5758000 - Grade: 11 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-12-09T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 11 Context: 5,758 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd--020422a7-1ec3-4ed7-b61d-dd41853a98ae#fact-resource-facts-4) lead #### Identity - Commodity: lead - Ticker: VTT #### Resource scope - Estimate type: resource - Effective date: 2019-01-21T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:ef9bb1f864d0b64a5103 - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8277000 - Grade: 5.1 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-12-09T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 5.1 Context: 8,277 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd--020422a7-1ec3-4ed7-b61d-dd41853a98ae#fact-resource-facts-5) zinc #### Identity - Commodity: zinc - Ticker: VTT #### Resource scope - Estimate type: resource - Effective date: 2019-01-21T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:ef9bb1f864d0b64a5103 - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8277000 - Grade: 2.8 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-12-09T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 2.8 Context: 8,277 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-4-7-million-investment-by-singapore-j-y-investment-pte-ltd--020422a7-1ec3-4ed7-b61d-dd41853a98ae#fact-resource-facts-6) silver #### Identity - Commodity: silver - Ticker: VTT #### Resource scope - Estimate type: resource - Effective date: 2019-01-21T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:ef9bb1f864d0b64a5103 - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8277000 - Grade: 8 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-12-09T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 8 Context: 8,277 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.