Bulldog Capital have spent three years working with Min Oil Resources to raise funding for the mining of natural minerals in Papua New Guinea
LONDON, ENGLAND, March 31, 2017 /24-7PressRelease/ -- Bulldog Capital have spent three years working with Min Oil Resources to raise funding for the mining of natural minerals in Papua New Guinea. The project in itself is massive, not just financially, but in the sheer logistics. Tim Hembry, a major shareholder in Bulldog Capital, was appointed to the Board of Min Oil Resources with the huge task of raising the Capital required. With his knowledge of the Bond Markets and structured financial products he has managed to raise Capital utilising Bonds, debt instruments and in ground assets as collateral. Outside investment was also sought and stock in Bulldog Capital was sold to investors. While most of the Financial dealings took place in Singapore, due to some assets being held there, it was also the easiest place to meet for all parties concerned. However a major part of the transaction was orchestrated with a Private Bank in the UK who have facilitated the issuance of a Corporate Bond, which is due to be on the relevant screens imminently, two UK Stockbrokers have been appointed to run the Bond as lead managers as well as the Private Bank providing ongoing support and advice. Min Oil Resources are the actual landowners in Papua New Guinea. In depth information on Min Oil Resources can be found on multiple sites on the internet, for current updated information on the current mining in Papua New Guinea please see the PNG Chamber of Mines and Petroleum website www.pngchamberminpet.com.pg
Mr Hembry said in a recent Board meeting that the major issues in organising funding have come from potential investors and asset holders turning out to be Brokers and Intermediaries, that most actual potential investors work on maximising profits. Contrary to belief greed is not always good. The structure of this project is to provide generations with Medical care, infrastructure, housing, education etc and to cause minimal impact on environmental and ecological issues during the process. There are many companies and individuals who do not understand this and seem to want to rape and pillage the land for what they can make financially. It has also been surprising that there are only a few companies or individuals who want to be involved in this monumental project, who actually pass the strict compliance and due diligence that are part and parcel of any form of transaction in the modern day.
Bulldog Capital will issue a further Press release shortly.
Bulldog Capital own mining licenses in Papua New Guinea. Current shareholders include property companies, an investment house, low cost housing suppliers, construction company, electrical installation company and an oil and petroleum company.
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