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Gold Mining Company Investment Opportunity in Kayes, Mali

Business seeks funds to start gold mining over area of about 100kms in Kayes, Mali.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gold Mining
Locations  Kayes
Local Time 7:25 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.5 million for 20.0% stake (Native Currency: CAD 2,000,000)
Reason: The business is seeking funds to start production in its gold mine. We are open to a much larger inv... View More
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Business Overview

- The business is projecting sales of CAD 1 million per month once we start production in these mines.

- We have a projection of 0.30g of gold per tonne. This is our conservative approach, but the sample results have shown us that there is gold of 5g-15g per tonne of mined land.

- Mali is known for mining and we have obtained proper licenses to start our mining in this land.

- Government has provided us with their support because custom duties that are paid by the business play a major role in their revenue.

- We will be exporting gold to Dubai, Turkey, and Switzerland.

- The promotor has been in the energy industry for the last 15+ years and has been in the mining industry for 4+ years.

- The owner is based out of Canada, but we have a technical team with 8 years of experience in mining in Mali who are integral to the smooth functioning of the mine.

Products & Services Overview

Precious metals and rare earth metals such as lithium and gold. Gold is our primary mining substance.

Assets Overview

Currently, there are no physical assets in the business.

Facilities Overview

We are based out of Kayes, Mali. The land is by the Senegal River. The business has taken leased land of 100km from the Government of Mali. The license duration lasts for another year which can be extended.

Capitalization Overview

The business is self-funded and currently, there are 2 shareholders in the business.

There are no loans in the company.

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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.
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