Health Equity Holdings, Inc. · DBA Truvé
Truvé develops critical minerals, energy, land, and infrastructure in frontier markets. Our founders hold ancestry, family, and standing in the regions where our projects sit — which is why the state co-owns the asset, communities are paid from production, and the refining happens in country.
Our Name
Truvé means to find.
We didn't just build a business from a boardroom — we found who we are in the very soil we develop. Because our identity is forged in these communities, our mission is non-negotiable: we don't extract wealth, rent local faces, or check compliance boxes. We build permanent value right where we were found.
The Position
Where you are from changes what you will sign. Everything below follows from the first line.
Our founding team holds ancestry, family, and standing in the regions where our projects sit. Under Cameroon's 2023 Mining Code and comparable frameworks, national ties are a legal qualification, not a talking point. It also means we are accountable to people who can find us.
Most of the value in a critical minerals chain is added between raw ore and battery-grade material — and almost all of it is normally captured abroad. We structure the mine and the chemistry as separate operating entities so that step happens in country.
Capital that will not accept sovereign co-ownership and enforceable community participation is capital we do not take. Being from the place is what makes refusing it possible — we are not passing through.
What We Develop
A deposit without power is a stockpile. Power without tenure is a liability. We develop all four because the parts fail when they are owned by people with different intentions.
Title, convention, and co-ownership structures negotiated directly with sovereign holders. National ancestry, in-country presence, and alignment with current mining code are structural qualifications in our work, not credentials on a slide.
The power required to refine in country rather than ship raw material to someone else's grid. Generation and transmission built to project scale — and sized, deliberately, for the settlements around the project as well.
Concessions, surface rights, and the communities already living on them. We treat tenure as something to be secured for residents before development begins, because a project that displaces its neighbors has already failed the only test that matters over thirty years.
Road, rail, water, and logistics that outlive the ore body. Built with a project's balance sheet behind them and structured to remain public assets when the project's life ends.
Where We Work
Truvé is not a consultant, a lobbyist, or a placement agent. Where we work, we own — and ownership follows connection. Our footprint is the Atlantic corridor, where pan-African ties run deepest and members of our team have family, language, and standing on the ground.
Regions with strong pan-African connection, where our team's ancestry and relationships are real and the co-ownership model can be defended in front of the people it affects.
Markets we reach through established partners rather than by taking positions — offtake, technology, processing capacity, and co-investment, structured under the same terms we hold ourselves to.
The Collective Covenant™
Most benefit-sharing lives in a memorandum or a CSR budget, and disappears when the operator changes. Ours lives in the capital structure. The Collective Covenant™ is owned by Persona, Inc. and licensed into every project we develop.
The state holds equity in the project vehicle itself — a position at the table, not a royalty and a seat in the gallery.
A defined stream to local community foundations, attached to production and payable ahead of distributions to holders. It is a cost of the project, not a discretionary line item.
Mining and chemical processing are structured as separate operating entities, so refining and the margin that comes with it are domiciled where the resource is.
Development rights, process IP, and flow sheets are held at the holding company and licensed downward on a bankruptcy-remote basis. A new owner inherits the covenant or inherits nothing.
For Capital Partners
We do not bring a concept and ask for diligence money. Origination, ESG design, technical validation, and the data room are complete before a capital conversation begins — which is why the conversation is about terms rather than about whether the asset is real.
Development finance institutions, sovereign wealth funds, and ESG-mandated private capital are the partners this structure was built for.
For Sovereigns & Communities
A protocol of understanding costs a government nothing and delivers nothing. We arrive with the co-ownership structure already drawn, the local-content plan tied to a real operating entity, alignment with the mining code as written, and a capital stack that does not ask the state to fund it.
The Companies
Each company does one thing, and the boundaries between them are legal, not cosmetic — origination is separated from ownership, and ownership is separated from the covenant that governs it.
SponsorCo · Origination · Parent
Persona originates. It sources and evaluates assets in frontier markets, designs the ESG framework, and builds the bankable data room before institutional capital is introduced. It is also the owner and licensor of the Collective Covenant™, which it licenses into Health Equity Holdings and every project the platform develops — which is why the community entitlement survives a change of control at the project level.
Persona Group →Licenses the Covenant into · Health Equity Holdings, Inc. · DBA Truvé
Minerals, land & project execution
The operating arm. Assembles consortia, negotiates directly with sovereign holders, and carries projects from resource definition through construction and processing.
Truvé Real →Diplomatic advisory & capital facilitation
Where capital meets sovereign trust. Not a consultant, lobbyist, or placement agent — a discreet intermediary carrying generational relationships across the corridor.
Truvé International →Provenance & traceability
Chain-of-custody from pit to port to processor, benefit-stream administration, and compliance exports. Built in-house for our own projects first.
Truvé Tech →Leadership
"We are from here" is a statement about people, so here they are. Consortium partners are named in the project documentation rather than on this page while the sovereign selection process is live.
U.S. citizen and Cameroonian national with ancestral ties to the Haut-Nyong region. Leads consortium strategy, capital structuring and sovereign relationships.
Runs operations and corporate administration across the platform's entities, and carries the reporting discipline the capital structure requires.
Cameroonian national, based in Yaoundé. Leads government and regional relationship-building across Central Africa, including engagement with Cameroonian mining authorities.
Runs the office of the founder and holds execution together across entities, advisors and counterparties — the person who knows where every commitment stands.
Technical Bench Dr. Yeonuk Choi and Dr. Peter Kondos bring 70+ combined years across Barrick Gold, Vale/Inco, Falconbridge and KGHM.
Hydrometallurgical process design and technology selection, and the gate review that process design passes through before it reaches a feasibility study.
Metallurgy and process development, with responsibility for testwork design and the metallurgical assumptions underneath the economics.
What We Hold To
Contact
Persona, Inc. · Frontier Market Deal Origination
The gap between a valuable asset and a closed transaction is almost always one thing: preparation. Persona originates deals, designs the ESG framework, and builds the bankable data room institutional capital requires — working alongside the owner at every step, with the owner retaining control throughout.
Core Services
The sequence is the method. An asset that reaches capital before its framework and its record are built has spent its first impression on a conversation about doubt.
We source assets through relationships built on the ground — sovereign contacts, field geology teams, community leaders — evaluate the fundamentals rigorously before engaging any owner, and advance only mandates where we can add decisive value. Confidential throughout; no unsolicited disclosure.
Environmental baselines, social licence programmes, community benefit agreements, governance and anti-corruption protocols, and FPIC where indigenous rights are engaged — built to IFC Performance Standards, the Equator Principles, GRI and TCFD from the outset.
Not a document repository — a curated information architecture that answers every question a DFI, sovereign fund or strategic acquirer will ask, in the order they will ask it. Each room is tested against the specific capital being targeted before it is presented.
Persona owns and licenses the Collective Covenant™ — the perpetual community royalty framework written into the projects the platform develops. It is the reason an ESG framework here is structural rather than declarative.
Who We Serve
Persona sits between three worlds that rarely speak the same language, and translates between them. The outcome only works when all three are aligned.
If your asset has genuine fundamental value but has not attracted the calibre of capital it deserves, the problem is preparation, not fundamentals. You retain ownership and control at every stage; we do not advance past a stage without your agreement on scope and terms.
Origination you can transact on: assets already sourced, evaluated and prepared by a team that did the work. Independent technical validation in place, governance built for institutions, social licence established, and a data room that shortens diligence rather than starting it.
The market is full of assets retrofitting compliance after the fact. Every deal we originate begins with the framework, so it arrives aligned to your mandate and defensible to your stakeholders on day one. We do not take retrofit mandates.
Our Process
Linear by discipline, bespoke in execution. Owners keep full visibility throughout, and nothing advances without their express agreement.
Proprietary sourcing, fundamental evaluation, confidential initial assessment. No public disclosure at any point.
Full environmental, social and governance framework to IFC, GRI and TCFD standards. Community engagement and social licence established.
Independent technical studies commissioned. Bankable data room built and tested against the specific capital being targeted.
Selective introduction to pre-qualified partners, structuring support through to close, and continued involvement through the outcome.
ESG Philosophy
Frontier deals originate and close faster — and hold up better over decades — when the framework is built on day one rather than reconstructed under diligence.
Every mandate begins with the framework, before commercial terms are agreed.
We do not accept mandates to retrospectively ESG-wash assets originated without responsible practice.
We do not charge advisory fees for origination. Our interest is aligned with the outcome and with the owner's success.
Engage Persona
Reviewed with complete discretion. If the asset meets our origination criteria and we believe we can add meaningful value, we respond with a proposed scope of engagement within ten business days.
info@truvehq.com +1 720 507 7377Health Equity Holdings, Inc. · DBA Truvé
Truvé Real leads the consortium advancing the Lomié-Nkamouna nickel-cobalt-manganese project in East Region, Cameroon — assembled by a Cameroonian-American founding team with ancestral ties to the region, and delivered by technical partners with decades of African mining experience.
Our Story
Truvé was founded by Hermine Ngnomire, a U.S. citizen and Cameroonian national with an ancestral connection to the Lomié-Nkamouna region, alongside Alphonse Otsamzok, a fellow Cameroonian and co-founder who leads government relations across Central Africa. That connection is not a talking point — it is the reason the project exists inside a platform built to keep value, jobs and decision-making close to the ground they come from.
Local grounding is paired with a technical bench drawn from some of the most experienced mining engineering and metallurgical firms working in Africa today. Local roots and world-class execution are not a trade-off.
U.S. citizen and Cameroonian national with an ancestral connection to the Lomié-Nkamouna region. Leads consortium strategy, capital structuring and sovereign relationships.
Cameroonian national, based in Yaoundé. Leads government and regional relationship-building across Central Africa, including engagement with Cameroonian mining authorities.
The Project
A laterite-hosted nickel-cobalt-manganese deposit in East Region, Cameroon, roughly 30 km northeast of Lomié — one of the largest undeveloped cobalt-bearing deposits in the world, with approximately 90% of the concession area still unexplored. Known in the historical record as the Nkamouna project.
Where the deposit sits: Cameroon, the East Region's Haut-Nyong division, and the laterite bodies mapped northeast of Lomié. Drawn by Truvé from historical exploration mapping (1994–2011) and reprojected to scale; the bodies shown are mapped ultramafic laterite, not a title boundary. No concession has been awarded and no current permit boundary is depicted.
| Category | Tonnage (Mt) | Co % | Ni % | Mn % | Co (kt) | Ni (kt) | Mn (kt) |
|---|---|---|---|---|---|---|---|
| Measured | 59.8 | 0.24 | 0.68 | 1.37 | 144.0 | 407.0 | 819.3 |
| Indicated | 60.8 | 0.22 | 0.62 | 1.32 | 134.0 | 377.0 | 802.6 |
| Measured & Indicated | 120.6 | 0.23 | 0.65 | 1.35 | 277.3 | 783.6 | 1,621.9 |
| Inferred | 202.5 | 0.20 | 0.59 | 1.20 | 405.0 | 1,195.0 | 2,430.0 |
| Total resource | 323.3 | 0.21 | 0.61 | 1.26 | 682.4 | 1,978.6 | 4,051.9 |
Source: SRK Consulting (U.S.), Inc., NI 43-101 Technical Report on the Nkamouna and Mada Deposits (effective 31 December 2010; filed with the U.S. SEC, June 2011), incorporating the October 2009 resource update. Reported at a 0.12% Co cut-off for ferralite and 0.23% Co cut-off for breccia mineralization, per CIM Estimation Best Practices Guidelines. This is historical, third-party data prepared under a prior operator and has not been independently verified by Truvé. Contained manganese figures are derived arithmetically from the reported tonnages and grades and are not separately stated in the historical report. A resource update and Bankable Feasibility Study are planned as the first post-award technical work items.
Truvé submitted its Expression of Interest to SONAMINES on 30 March 2026 as consortium lead, in response to the January 2026 international call for technical-financial partners (AIMI). The consortium was completed in April 2026 within the extension granted by SONAMINES. The state-led selection process is ongoing.
No concession has been awarded, no project financing has been secured, and no Bankable Feasibility Study has been completed. All project descriptions here reflect current plans and are subject to change as the process advances.
Development Approach
Truvé's proposed route produces MHP — a chemically refined product. Physical pre-concentration upgrades ore into a mineral concentrate, but the metal never leaves its native mineral structure; that chemistry, and the value it creates, still has to happen somewhere downstream. MHP means the chemical extraction step has already happened before the product leaves Cameroon. This is a process class operated commercially and refined over years of real-world use in African laterite and copper-cobalt processing.
What is specific to Lomié-Nkamouna is applying that established technology to this ore body. A dedicated whole-ore testwork programme is planned as the first technical work item following concession award — standard practice for bringing a proven process to a new deposit, not a sign the technology is unproven.
| Physical pre-concentration | Local chemical refining — Truvé's approach | |
|---|---|---|
| What it produces | A bulk mineral concentrate — crushed and gravity or magnetically sorted ore | Mixed Hydroxide Precipitate (MHP), a concentrated Ni-Co chemical intermediate |
| Where the chemistry happens | Downstream, outside Cameroon | Inside Cameroon |
| Export volume vs. mined tonnage | High — most mined material is exported as concentrate | Low — a small fraction of mined tonnage, chemically concentrated |
| In-country value capture | Limited to mining and initial sorting | Extends through the core chemical refining step |
General comparison of processing approaches for laterite nickel-cobalt deposits; illustrative, and not a comparison to any specific competing proposal.
A commercial-scale operation producing the same refined output — MHP — from laterite-adjacent ore, using a comparable reductive leach process.
Dr. Yeonuk Choi and Dr. Peter Kondos provide independent metallurgical validation at each stage of process design, ahead of Bankable Feasibility Study submission.
Project History
Truvé's role is to bring a stalled, thoroughly studied asset into development — not to start from zero.
The deposit is identified and systematically explored — more than 2,500 test pits and 23 drill holes — leading to the creation of Geovic Cameroon PLC (GeoCam) as the project's Cameroonian operating subsidiary.
Mining Permit No. 33 is awarded to GeoCam for an initial 25-year term by Cameroonian government decree.
GeoCam's parent completes a Toronto Stock Exchange listing. Cameroon's sovereign wealth fund (SNI) makes a direct investment in GeoCam.
SRK Consulting completes an NI 43-101 technical report; a feasibility-level study is completed with Lycopodium Minerals and Knight Piésold, forming the resource basis still referenced today.
A proposed sale does not proceed, and subsequent capital constraints and ownership changes leave the deposit undeveloped despite the completed feasibility work.
The Cameroonian government withdraws Mining Permit No. 33 by presidential decree, citing more than two decades without exploitation, and returns the concession to state control under SONAMINES.
SONAMINES launches an international call for technical-financial partners (AIMI) to develop and operate the deposit — a new, state-led process open to qualified companies worldwide.
Truvé submits its Expression of Interest on 30 March 2026 as consortium lead and completes its consortium in April 2026 within the extension granted by SONAMINES. The sovereign selection process is ongoing.
A note on the record
Readers researching this project online may encounter materials published by entities associated with the concession's former operator, describing plans to "restart" the project. For clarity: the former operator's mining permit was withdrawn by presidential decree in February 2025 after more than two decades without production; the concession was returned to the control of the State of Cameroon under SONAMINES; and in January 2026 SONAMINES opened a new international selection process for technical-financial partners.
The Lomié-Nkamouna concession is allocated exclusively through that state-led process. Truvé participates in it as consortium lead. No prior-era permit, plan or claim supersedes the sovereign process now underway.
Structure & Consortium
Truvé leads as consortium sponsor and concession applicant. Engineering, metallurgy and legal execution are carried by named partners with direct, verifiable experience in African critical minerals.
Additional technical and operations partners are engaged as the project advances; formal appointments are confirmed through binding agreements following concession award.
Community Commitment
Because our founding team's own roots are in the region, community benefit is part of how the project is structured from the start, through the framework we call the Collective Covenant™. Final terms will be set out in the Mining Convention and definitive project agreements as the concession process advances.
A verified mechanism designed to direct a share of project revenue to independent foundations serving Cameroonian communities — transparently, permanently, and senior to the project's own financing arrangements.
Structured workforce development prioritising East Region and Cameroonian nationals.
ESIA update aligned to IFC Performance Standards, planned as a first post-award work item.
Auditable, publicly verifiable reporting on community commitments as the project moves forward.
Connect
This page is for general informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of Health Equity Holdings, Inc. or any affiliate, in any jurisdiction, and is not an offer or solicitation of funding for this project. No concession for the Lomié-Nkamouna project has been awarded, no financing has been secured, and no Bankable Feasibility Study has been completed. Statements regarding the status of SONAMINES's selection process reflect the Company's understanding as of the date of publication.
Truvé International · Global Diplomatic Advisory
We operate where traditional institutions cannot — facilitating the sovereign-level relationships, diplomatic frameworks and capital introductions that frontier market mandates require. Our currency is trust. Our tenure is generational.
Our Philosophy
Truvé International exists for a specific and irreplaceable purpose: to provide the sovereign-level trust architecture that complex, high-stakes mandates require. We do not advertise our clients, our engagements, or our outcomes.
Our founders built relationships with heads of state, sovereign wealth principals and development finance institutions long before Truvé International was formalised. The company is the institutional expression of those relationships, structured to serve them with the rigour and discretion they demand.
We are not a consultant. We are not a lobbyist. We are not a placement agent. We are the party that prepares, connects and holds the room — and steps back when the principals are ready to speak.
Sectors
Sovereign framework design, community covenant architecture, and capital introduction across frontier mineral belts where ESG alignment determines who gets access and who does not.
From legacy hydrocarbon frameworks to renewable transition mandates — the sovereign and private capital relationships that energy infrastructure development demands.
Transport, digital, water and social infrastructure across regions where bilateral trust matters as much as the financial model.
Agricultural concessions, food corridor development, and sovereign food security mandates requiring deep on-the-ground credibility with governments and communities.
Trade route facilitation, bilateral financial framework development, and the currency and settlement structures that underpin regional commerce.
Sovereign digital infrastructure investment, data localisation framework advisory, and fintech corridor development across regions defining their digital futures now.
Our Process
We do not engage in transactional deal facilitation. Every mandate we accept is one where we are confident our relationships, discretion and standing can produce a durable outcome all parties are proud of for decades.
We accept only mandates we believe we can deliver with honour. Every enquiry is assessed for strategic fit, relationship depth, and genuinely additive value.
We design the sovereign, commercial and ESG frameworks that make a mandate viable — from community covenant structures to capital introduction architectures.
We activate the appropriate sovereign, institutional and private relationships, introducing principals to one another only when the moment and the framework are right.
We remain engaged through closing and beyond — ensuring the agreement holds, the relationships endure, and the outcome delivers what was promised.
What We Stand For
Global Reach
A focused footprint rather than a wide one. Ownership follows connection; partnership covers the rest.
Mineral-rich nations moving from extraction to industrialisation, where our own team holds ancestry, language and standing. We take positions here, and we structure the sovereign frameworks that let resource wealth build lasting national capacity.
The hinge of the Atlantic corridor. Shared diaspora history makes relationships here immediate rather than transactional, and the region's financial and legal capacity makes it a natural place to structure.
Energy corridors, land and critical minerals in the Afro-descendant and Hispanic communities of the Pacific coast, the Atlantic littoral and the Central American isthmus — where the same covenant logic applies for the same reasons.
Processing capacity, offtake, technical partners, trade corridor facilitation and buyer relationships — engaged through established partners rather than by taking positions, and held to the same terms we hold ourselves to.
Private Enquiry
All enquiries are treated with absolute discretion. We do not maintain public client lists, publish engagement outcomes, or respond to unsolicited commercial proposals. Headquarters: United States. By appointment only.
info@truvehq.com +1 720 507 7377Health Equity Holdings, Inc. · DBA Truvé
Truvé Tech builds the systems that make a shipment provable — where the material came from, who handled it, what was paid, and to whom. Built for our own projects first, because the evidence buyers and regulators now demand did not exist in a form we were willing to rely on.
Why This Exists
Battery-chain buyers, development finance institutions, and a widening set of regulators now ask the same question before they will take a tonne: show me where this came from and what happened to it. Most producers answer with a spreadsheet and a signature.
An OEM committing to a battery-chain disclosure regime has to stand behind claims about origin and handling for material it never touched. Suppliers who cannot produce the record get discounted, or get skipped.
A development finance institution funds a project on the strength of its social and environmental commitments, then has to verify them annually against records the operator assembled by hand.
A benefit stream nobody can audit is a benefit stream nobody can enforce. If the calculation lives on the operator's spreadsheet, the community is trusting rather than verifying.
What We Build
Each piece stands alone, but they share a single data model — so a compliance export, a royalty statement, and a production report are three views of the same underlying events rather than three reconciliations waiting to disagree.
Every lot linked from pit to port to processor. Handling events, assays, weights, and custody transfers recorded against an append-only audit trail, so origin is a query rather than a claim.
Calculation, records, and disbursement trail for the royalty and community benefit streams a project's agreements define — computed from production data rather than reported alongside it. The Collective Covenant™ framework is Persona's; the system that runs it is ours.
The same record, mapped to the disclosure formats buyers, DFIs, auditors, and ministries ask for. Reporting season becomes a query, not a quarter of somebody's year.
Assay, drilling, and production data in one model, so the technical team and the commercial team argue about the interpretation instead of about whose numbers are current.
How It's Built
This is not a product we designed for a market and then went looking for users. It is the system our own operations needed, built against real project structures and real agreements, by a small team working directly with the people who have to live with the output.
That order matters. Software written to win a procurement round optimizes for the demo. Software written because your own royalty statement depends on it optimizes for being right.
Status
Truvé Tech is being built alongside the projects it serves rather than ahead of them. We are not selling licences today. If you are a buyer, lender, or operator with a traceability requirement you cannot currently satisfy, we would rather hear about it now, while the model is still being shaped.
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