Gate 1 · Site Control

Site Acquisition Brief

Approves pursuit and control of a site. Authorizes deposits, due diligence and pursuit costs only. No deposit may become non-refundable at this gate.


Gate 1 may be approved by expedited meeting or written consent where competitive timing requires action. The evidence standard is a two-page brief — not a full underwriting. The purpose is to bound capital-at-risk while preserving optionality.

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Capital-at-risk envelope

Gate 1 approval must state the maximum capital exposed before the next decision gate. Complete this before the resolution is put to a vote.

Collegium Development Company Ltd. · Okotoks, Alberta · Strictly confidential — authorized GP and LP use only.