Mazarin Inc.M
Mazarin Inc. (TSXV: MAZ.H) is not a conventional exploration company. Incorporated in 1985 and based in Thetford Mines, Quebec, Mazarin owns Asbestos Corporation Limited, which operated chrysotile (asbestos) mines for over a century. Mazarin's holdings are 8 legacy mine sites (~4,684 ha across the MRC des Appalaches and Robert-Cliche regional counties) whose serpentine tailings piles contain magnesium and nickel -- both on Canada's and the US's critical/strategic minerals lists -- but no extraction program exists for either metal. Its operating businesses are renting mining buildings/warehouses/plants and receiving royalties from a granite quarry operated on its land. Asbestos Corporation Limited has been under creditor protection under the Companies' Creditors Arrangement Act since May 2025.
Lifecycle Milestones
Jurisdiction (40%)9/10
Quebec: Fraser PPI 2025 is 79.39 of 100 (rank 23 of 68), which maps to 9 on this site's scale. Mazarin's legacy mine sites are around Thetford Mines, Quebec, a Tier-1 Canadian jurisdiction.
Infrastructure (40%)Not yet researched
No flagship project on file yet, so existing mill, road access, grid power, and tailings facility haven't been researched.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
A disclosed corporate action (not an acquisition or merger)
A corporate action of this kind says nothing about takeover susceptibility, so it isn't scored.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
Canada: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Other
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chairman of the Board of Mazarin Inc. (TSXV: MAZ.H). Source: mazarin.ca/en/investors/governance-and-ethics/, the company's own governance disclosure, which lists board membership and role without accompanying biographies.
Source: mazarin.ca/en/investors/governance-and-ethics/, the company's own governance disclosure, which lists board membership and role without accompanying biographies.
Chief Financial Officer and Secretary of Mazarin Inc. (TSXV: MAZ.H), listed by the company under the heading 'Officer non-member of the board'. Source: mazarin.ca/en/investors/governance-and-ethics/.
A Director of Mazarin Inc. (TSXV: MAZ.H). Source: mazarin.ca/en/investors/governance-and-ethics/, the company's own governance disclosure, which lists board membership and role without accompanying biographies.
A Director of Mazarin Inc. (TSXV: MAZ.H).
A Director of Mazarin Inc. (TSXV: MAZ.H). Source: mazarin.ca/en/investors/governance-and-ethics/, the company's own governance disclosure, which lists board membership and role without accompanying biographies.
A Director of Mazarin Inc. (TSXV: MAZ.H).
A Director of Mazarin Inc. (TSXV: MAZ.H). The company's governance page additionally labels her 'President of Audit Committee' -- but applies that identical label to a second director, Serge Huppe, so the audit-committee chairmanship cannot be attributed from this source and only the directorship is recorded. Source: mazarin.ca/en/investors/governance-and-ethics/.
A Director of Mazarin Inc. (TSXV: MAZ.H), elected to the board as announced in a dedicated company news release. Source: mazarin.ca/en/investors/governance-and-ethics/ and the company's own release 'Marcel Groleau was elected to the Board of Directors'.
The governance page additionally labels him 'President of Audit Committee' -- but applies that identical label to a second director, Chantal Grenier, so the audit-committee chairmanship cannot be attributed from this source and only the directorship is recorded. Source: mazarin.ca/en/investors/governance-and-ethics/.
A Director of Mazarin Inc. (TSXV: MAZ.H), elected to the board as announced in a dedicated company news release. Source: mazarin.ca/en/investors/governance-and-ethics/ and the company's own release 'Richard Poulin was elected to the Board of Directors'.
A Director of Mazarin Inc. (TSXV: MAZ.H). Source: mazarin.ca/en/investors/governance-and-ethics/, the company's own governance disclosure, which lists board membership and role without accompanying biographies.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Mazarin (TSXV: MAZ.H) is not a conventional exploration company: based in Thetford Mines, Quebec, and incorporated in 1985, it owns Asbestos Corporation Limited, which operated chrysotile asbestos mines for over a century. Its holdings are 8 legacy mine sites covering about 4,684 ha in the MRC des Appalaches and Robert-Cliche regional counties, whose serpentine tailings contain magnesium and nickel, but no extraction program exists for either metal. Its operating businesses are renting mining buildings, warehouses and plants and receiving royalties from a granite quarry on its land. Asbestos Corporation Limited has been under creditor protection under the Companies' Creditors Arrangement Act since May 2025.