What Is An Accredited Investor?
An accredited investor must meet one of the following requirements:
- Individual investor has a net worth, or spouse and investor have a combined net worth (excluding the value of my personal residence), in excess of $1,000,000.
- Individual investor income (exclusive of any income attributable to spouse) of more than $200,000 in each of the past two years, or joint income with spouse of more than $300,000 in each of those years, and the investor reasonably expects to reach the same income level in the current year.
Non-profit Organizations, Corporations, Business Trusts or Partnerships
- Total assets in excess of $5,000,000 and was not formed for the specific purpose of acquiring the securities offered.
Corporations, Limited Liability Companies, Partnerships or other Entities
- All Equity owners are accredited investors. Royal Mesa Minerals, in its sole discretion, may request information regarding the basis on which such equity owners are accredited.