Where did these properties come from?
1 minute read- Recently updated on May 14th, 2024
Asset Origination
The source of assets that are included in any Mineral Vault offering will always be fully disclosed and all source documentation made public at the time of the offering.
For the assets involved in Mineral Vault’s flagship token Mineral Vault I Ltd (BVI), all assets were acquired by Allegiance Capital Fund I LP (DBA “Allegiance Oil & Gas”), a mineral & royalty interest acquisition fund, between May 2020 – May 2023. All assets were acquired directly from private owners, involving over 350 individual transactions. As of the time of the offering, all assets are owned and managed directly by Allegiance Oil & Gas, with no liens or encumbrances on any property or the entity at-large.
Mineral Vault was actually founded by the principals of Allegiance Oil & Gas, including Blake Morgan, Wade Koehl, & Andrew Wyatt, who created Mineral Vault in order to realize a vision of decentralized ownership of mineral & royalty interests, bringing this traditionally U.S.-exclusive asset class to a global stage.