Queensland -Ozz Metals Co. Pty Ltd. a burgeoning monetary expertise firm specializing in cryptocurrency options
GOLD COAST, Australia – Jan. 25, 2024 – PRLog — Ozz Metals Ltd. Publicizes Coin Sale-Based mostly Capital Increase for Gold Exploration Acquisition
Ozz Metals Ltd. is happy to announce a coin sale-based capital elevate to accumulate a gold exploration firm, Fast Gold Categorical. This strategic transfer will improve our presence within the gold mining sector by leveraging their experience and sources. The funds raised will probably be allotted to numerous areas to assist our development plans.
Of the capital raised, $27 million will probably be used for the acquisition of Fast Gold Categorical. This funding will strengthen our place within the gold mining trade and permit us to profit from their data and property. Moreover, $10 million will probably be retained as working capital to assist the completion and extension of JORC experiences, the graduation of mining operations, and the development of all-weather roads for dependable entry and assist for the native indigenous group.
A good portion, $2,000,000, will probably be invested within the building of state-of-the-
To boost our model visibility and develop our buyer base, $275,000 will probably be devoted to advertising and marketing initiatives. This funding will allow us to succeed in a wider viewers, drive buyer acquisition, and foster long-term relationships with key stakeholders.
Recognizing the significance of innovation within the cryptocurrency trade, we have now allotted $375,000 to an incubator fund. This fund will assist the event of groundbreaking tasks and technological developments inside our ecosystem.
A portion of the capital raised will probably be allotted to cowl agent charges and brokerage prices related to the acquisition and capital elevate processes, guaranteeing transparency and clean execution of the transactions.
Along with the acquisition and capital elevate, we’re happy to announce that the primary 100,000 ounces of superb gold produced will probably be minted and saved for ALL 11::11 Coin homeowners. These minted gold property might be redeemed by our companions, enhancing the worth and stability of the 11::11 cash alongside the ahead buy settlement.
Ozz Metals Ltd. is happy about this coin sale-based capital elevate and the acquisition of Fast Gold Categorical. These initiatives align with our imaginative and prescient of diversification and growth within the cryptocurrency and treasured metals sectors.
For extra details about the coin sale and funding alternatives, please go to our web site.
IMPORTANT NOTIFICATION: