Haywood Securities

Haywood Securities is fully independent and employee-owned. The firm was founded in 1981 and has remained structurally separate from any chartered bank, which is uncommon among Canadian investment dealers of its scale. This independence allows Haywood to underwrite and trade small-cap resource equities that bank-owned dealers often avoid due to internal risk constraints.

Haywood's dominant investment banking vertical is the junior natural-resource sector, encompassing precious metals, base metals, and battery-metals exploration and development companies. The firm also maintains active coverage in energy services, real estate, technology, and healthcare. Its research and capital-markets teams originate and distribute equity financings for issuers primarily listed on the TSX Venture Exchange and the Toronto Stock Exchange.

Yes. Haywood operates a registered retail advisory division that places new issues — including flow-through share offerings — with individual accredited and high-net-worth investors. This vertical integration between its corporate-finance origination and retail distribution creates a captive demand channel that many institutional-only dealers cannot replicate.

Haywood's mining investment banking group engages across the development spectrum, from grassroots exploration to advanced-stage development and small-scale production. The firm's sweet spot is the sub-$500-million market-cap segment where capital access is most constrained. Its equity research analysts cover companies from early-stage prospect generators through to producers with operating mines, primarily in the Americas.

Peter Snell serves as President and CEO. He rose through the firm's institutional sales and management ranks and now leads the firm's strategic direction. Day-to-day investment banking and research decisions are led by senior managing directors within each coverage vertical, with significant autonomy delegated to sector heads.

Haywood sources deal flow through long-tenured relationships with management teams, geologists, and prospectors in Vancouver — the global hub for junior mining finance. The firm's research analysts and investment bankers maintain continuous coverage of the TSX Venture micro-cap ecosystem, often building relationships years before a company requires a public financing. This embedded presence in the Vancouver mining community functions as a proprietary origination network.

Yes. Haywood manages proprietary investment products including flow-through limited partnerships, which are tax-advantaged vehicles unique to the Canadian resource sector. These funds pool capital to invest in eligible exploration expenditures, passing the associated tax deductions through to Canadian-resident unitholders.