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Red Cloud Securities
Red Cloud Securities was founded by a group of capital markets veterans to address structural changes in the traditional broker-dealer model.
Red Cloud Securities
Red Cloud Securities was founded by a group of capital markets veterans to address structural changes in the traditional broker-dealer model. The firm operates as a comprehensive corporate access platform, offering unconflicted services to mining clients globally. It is IIROC-regulated and headquartered in Toronto with a second office in Vancouver. The firm provides investment banking, research, institutional and retail sales and trading, and market-making services. Its client base spans explorers, developers, and junior producers in commodities including gold, silver, copper, uranium, nickel, lithium, cobalt, zinc, PGE, and more. Since January 2021, Red Cloud has led or co-led over 90 brokered equity financings for mining clients, ranking second among Canadian investment dealers in number of brokered mining financings (per firm website). It has participated in over 715 equity financings since January 2020, with total gross proceeds of $5.2B, and has led or co-led brokered deals worth $1.9B in gross proceeds since January 2020 (per firm website). The firm covers over 75 companies under research and has provided services to more than 120 mineral resource companies. Red Cloud is fully employee-owned and operated. As of May 2026, it maintains a corporate presentation available for download. Its team includes CEO Louis Barriault and SVP/CFO Tanya Vovchuk. The firm operates exclusively in the mining and natural resources sector, with no disclosed assets under management. The firm differentiates itself through a tight focus on junior mining and a full-service model that combines investment banking, research, sales and trading, and market-making under one roof. Its employee-owned structure and rigorous client onboarding process — based on corporate best practices and a "New Names" screening — further set it apart from larger, conflicted dealers.
General information
Firm type
Investment Dealer
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Toronto, ON, Canada
Additional offices
Vancouver, BC, Canada
Principals
Louis Barriault
Chief Executive Officer
Tanya Vovchuk
Senior Vice President and Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Red Cloud Securities?
The firm is led by CEO Louis Barriault and SVP/CFO Tanya Vovchuk. Red Cloud is employee-owned, and investment banking and trading decisions are handled by its team of capital markets professionals across Toronto and Vancouver.
Does Red Cloud Securities manage assets or raise capital for mining companies?
Red Cloud is an investment dealer, not an asset manager. It raises capital for mining clients through brokered and non-brokered equity financings. Since January 2021, it has led or co-led over 90 brokered deals for mining clients, ranking second among Canadian dealers by number of brokered mining financings (per firm website).
What commodities does Red Cloud Securities cover?
Red Cloud provides research and investment banking services across gold, silver, copper, uranium, cobalt, nickel, zinc, PGE, lithium, vanadium, rare earth, diamond, platinum, palladium, lead, iron ore, tungsten, and other minerals (per firm website).
Is Red Cloud Securities independent from larger financial institutions?
Yes, the firm is 100% employee-owned and operated. It positions itself as an independent, unconflicted corporate access platform designed to avoid the conflicts seen in traditional dealer models.
How does Red Cloud Securities source its deal flow?
Deal flow comes through a proprietary 'New Names' onboarding process that screens potential clients for corporate best practices and values, combined with direct relationships with mining companies globally. The firm's research coverage of over 75 companies also generates investment banking leads.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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