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Mining Support Company Investment Opportunity in Tracy, United States

Lithium mining business in the exploration phase having taken rights with proper federal permissions.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mining Support
Locations  Tracy
Local Time 10:21 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 5.6 million for 13.0% stake (Native Currency: USD 5,600,000)
Reason: The owner is seeking Investment for 3 phases of the hydrogeological program spanning 24 months once ... View More
Interested to connect with advisors
Business Overview

- Estimated valuation after exploration phase (2 years) 700%-1000%

- Promoter has 10-5 years experience in the mining industry.

- In talks with major Lithium companies for taking over after exploration.

- Complete blueprint for the further steps is ready.

- The business is ready to be operational.

- 33,000 acres of mining rights have been taken in the right Spot.

- Upper layer sampling, geotech study completed indicating resources beneath the ground.

- The exploration process will last for 24 months once commenced.

- 3 phases of hydrogeological exploration will take place.

Products & Services Overview

Exploration of Lithium through 3 phases of hydrogeological exploration.

Assets Overview

- Office.

- Vehicles.

- Computers.

- Scanned Printers.

Facilities Overview

The business has taken rights for land mining of 33,000 acres.

Capitalization Overview

- The business does not have loans, debts, or any other kind of liabilities as part of opening up its operations.

Recent Activity
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1 Investor viewed this Business this month.
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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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