Investment Opportunity · Confidential · Trench 1 closes 26 May 2026

Secured convertible note. API 19C frac sand. In-basin position.

US$2.4M total across 3 trenches. Trench 1 US$500K anchor: 30% discount, US$6M cap, gold cateo participation. 18 months. 10% p.a. Personal guarantee from founder and principal shareholder on all trenches.

US$500KTrench 1 anchor (US$2.4M total across 3 trenches) · Tickets from US$25K · Trench 1 closes 26 May 2026
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Argentine market · 2026
7M tons / year
+10.2% CAGR · legacy incumbent (75% share) in collapse
Target price
US$100/ton
Base case · 35 km from Vaca Muerta epicenter

Last-mile position avoids ~US$20/ton in intermediate unloading, storage and reload costs that other suppliers carry.

The asset

Certification, independent validation, validated CAPEX.

3.2M t cubicated / 80M+ t potentialBlock model on 600 ha studied. SiO₂ >70%. API 19C / ISO 13503-2 certified.
Proprietary UNSJ vision systemSand-quality vision system developed with Universidad Nacional de San Juan under technology-transfer agreement. Quality analysis in minutes versus days using conventional methods.
Land + concession29,376 hectares plus 27 km of own Río Colorado coastline (field secured under a lease agreement with a purchase option; additional detail under NDA). JOLOT also holds 53,000 hectares of certified (43-101) gold and copper mines and prospecting rights in San Juan, and 100,000 hectares of quartz (sand) prospecting rights on and around the field.
Scalable capacityPlant 50 t/hr raw, ~240,000 t/year designed, plan to 1M t/year.
Certified mines valueCertified mines (43-101 report available in advanced-investor data room) carry market valuation, per international protocols, of US$40-70M, at reference ounce US$2,500 (vs US$4,700 spot).
Why Argentina, why now

Macro as of 30 April 2026.

"These numbers and these objective measurements demonstrate Argentina's overall positive trend."

Monthly CPI inflation3.4% MoM · 32.6% annual (March 2026)
BCRA gross reservesUS$46.24B, +US$5.5B bought YTD 2026
RIGI Vaca Muerta approvedUS$17.9B
Brent CrudeUS$109/barrel
Fitch Argentina sovereignB- (upgraded 5 May 2026)

Full macro detail and risk register in data room.

Institutional video

JOLOT Sand Solutions.

Institutional video, April 2026. Audio in Spanish.

Bridge economics

The numbers.

Plant payment schedule

Month 1US$150,000 + VAT · initial payment, secures purchase option
Month 2US$150,000 + VAT · second instalment
Month 3US$200,000 + VAT
Month 4US$300,000 + VAT
Month 5US$600,000 + VAT · plant 100% paid

Use of proceeds by trench

Trench 1: US$500K, closes 26 May 2026
30% discount, US$6M cap, gold cateo participation		Plant payments 1 and 2 (US$300K), site setup, partial Month 3 OPEX. Covers Bailey bridge contract and site mobilization.
Trench 2: US$800K, target Sep 2026
20% discount, US$8M cap. Gated on signed offtake LOI.		Plant payments 3 and 4 (US$500K), Month 3 to Month 4 OPEX bridge. Closes only after Tier 1/2 LOI signed and plant title path confirmed.
Trench 3: US$1.1M, terms TBD
Terms set at Trench 2 close, not more favourable than Trench 1. Gated on production at scale.		Plant payment 5 (US$600K), working capital through steady state at 15,000 t/month. May be reduced or cancelled if full US$2.4M is not required.

IVA recoverable via Argentine VAT credit once production starts.

Investment structure

Convertible note. Simple, standard, fast.

Instrument
Secured convertible note (3 trenches)
Total raise
US$2.4M across Trenches 1 to 3
Term
18 months from Trench 1 close
Interest rate
10% per annum (all trenches)
Trench 1 (anchor)
US$500K, 30% discount, US$6M cap, 1% gold cateo participation if no Series A in 12 months. Closes 26 May 2026.
Trench 2 (follow-on)
US$800K, 20% discount, US$8M cap. Target Sep 2026. Gated on signed Tier 1/2 offtake LOI.
Trench 3 (final)
US$1.1M, terms TBD (not more favourable than Trench 1). Gated on production at scale. May be reduced or cancelled.
Collateral
Personal guarantee from Sergio Kalierof (founder, principal shareholder) on all trenches. Argentine pagaré, NY-law Reg S for non-US persons.
Minimum ticket
US$25,000
Anchor allocations
Welcome. No cap. Direct negotiation via sergio@jolot.net.
Operating bank
Banco Santander Argentina (USD + ARS)
Issuer entity
JOLOT S.A.S. (Argentine company, BORA 11266/19, 2019)

Investor protection: note backed by personal guarantee from the founder. Legal due diligence led by Sentinel Legal (Lyon, France / Geneva, Switzerland). If no Series A before maturity, redeemed in cash with accrued interest.

Team

The team.

SK

Sergio Kalierof

Founder · Personal Guarantor · Mining Network

San Juan. Founder and principal shareholder of JOLOT. Personal guarantee on the bridge and direct access to the Argentine mining network.

Marcelo Marty

Marcelo Marty

Director of Operations

Buenos Aires. 25+ years in Oil & Gas and port operations. Tomas Marty's brother. Ex-NRC Egypt (BP), ex-VALE, ex-SEACOR.
LinkedIn →

TM

Tomas Marty

Round Facilitation · Capital Structure

Cork, Ireland. Ex-Kreditech (German fintech unicorn, Peter Thiel and Rakuten). 15 years in finance. Facilitates the bridge round.

Next step

Talk to the Argentina team.

Operations in Buenos Aires, mining network in San Juan. Response within 24 business hours. Teaser and calculator below.

Operations · Buenos Aires

Marcelo Marty

Tomas's brother. 25+ years in Oil & Gas, port operations and HSE.
ex-NRC Egypt · ex-VALE · ex-SEACOR

WhatsApp Email
Partner-investor · San Juan

Sergio

Argentine regional mining network.
Technical due diligence and services network.

WhatsApp Email
Bridge Teaser (3 Trenches)PDF · Trench 1 US$500K anchor Return CalculatorInteractive tool
Latest developments

What's moving the thesis.

Key macro and sector data points, updated as conditions evolve. Full feed →

15 MAY
Brent crude holds above US$109/bbl as Iran supply disruption tightens market
ICE / Reuters
14 MAY
Vaca Muerta crude output hits record 456,000 bbl/d; new mining approvals under RIGI
Sec. de Energía · Min. de Economía
5 MAY
Fitch upgrades Argentina to B- stable outlook; RIGI commitments reach US$17.9B
Fitch Ratings · RIGI Registry

All 8 developments → · Updated 15 May 2026

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