Gold Mining Business Seeking Loan in Yukon Territory, Canada
Gold mine acquired on lease for 10 years seeks funding to start operations.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | USD 7 million |
| EBITDA Margin | 50 - 60 % |
| Industries | Gold Mining |
| Locations | Yukon Territory |
| Local Time | 10:01 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
3 million
for
25.0%
annual interest,
5
years
(Native Currency: CAD 4,000,000)
Reason: Buying gold mine claims and new machines.
Collateral Available: USD 200 thousand
Includes physical assets worth
USD
1.5 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Plan
(27.7 MB)
Business Overview
- Business wants to operate in gold mining.
-The mine is on lease for 10 years taken from the Govt. of Yukon.
- There are 156 virgin claims which will take around 60 years to get over.
- First 50 claims are drilled tested and has potential of 93.000 crud ounce of gold.
- We have also found silver minerals.
- Have few service machines to carry out the operations.
- We need to buy machinery to start the company in a proper form.
- All the machinery will cost around CAD 2 million.
- Expected to generate a revenue of CAD 7,25,000 at the end of first year.
Products & Services Overview
- Gold mining.
Facilities Overview
Leased mine for 10 years.
Recent Activity
-
Earlier than 15 daysFounder, Kathmandu, Financial Consultant connected with the Business
-
Earlier than 15 daysBroker, New York, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Nashville, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
34 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 79,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses