Baker Steel Resources Trust


30/09/2026 Net Asset Value Per Share: 172.4p | Current Ordinary Share Price: | Share price data from the London Stock Exchange: Ordinary shares

Baker Steel Resources Trust (“BSRT”), an LSE-listed investment company, investing predominantly in unlisted companies and specialist listed opportunities in the natural resources sector.

Baker Steel Resources Trust Ltd (“BSRT”) seeks capital growth over the long term through a focused global portfolio consisting principally of the equities, or related instruments, of natural resources companies. BSRT invests predominantly in unlisted companies (i.e. in those companies that have not yet made an initial public offering) but also in listed securities with a view to exploiting value inherent in market inefficiencies and pricing anomalies.

Baker Steel Capital Managers LLP (“Baker Steel”) has extensive experience in the management of funds, investing in the natural resources, gold and precious metals sectors. The firm was founded in 2001 and has offices in London and Sydney enabling 24 hour coverage of world markets. Their investment team benefits from strong technical backgrounds in the geo-sciences, mining, geology and engineering. Baker Steel manages substantial assets on behalf of a broad range of financial institutions, wealth managers and professional investors.

Rock Capital Partners Ltd (“Rock Capital”) is a venture capital firm with a proven ability to develop and manage mining operations. The firm has a strong network of projects and teams within the mining industry, particularly in Africa and Latin America. Rock Capital originates deals for BSRT and facilitate value extraction from investments, utilising its ability to work with management teams on financing, development and listing strategies.

BSRT’s board of independent directors has substantial mining sector experience and industry expertise. The board consists of Fiona Perrott-Humphrey, as Chairwoman, Charles Hansard, John Falla and Patrick Meier. Biographies for the board members can be viewed here.

For Sales (Shore Capital): +44 020 7408 4050

Henry Willcocks (Corporate Broking)

Gillian Martin, Daphne Zang (Corporate)

Adam Gill (Sales)

To contact the Investment Manager please email us.

Baker Steel Resources Trust Ltd, PO Box 656, East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey GY1 3PP

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