Industry: Financial Services
Main business locations: Israel, North America
Financials (June 30, 2009):
Cash and cash equivalents: US$7,030,603
Investments in HLS companies: USD$14,396,000.
About the BVI company:
Athlone Global Security Inc. is an investment company focused on companies that specialize in the development and distribution of Homeland Security (HLS) solutions. AGS is incorporated in the British Virgin Islands and has its main offices in the USA and Middle East (Israel). AGS investments concentrate on early-stage, private-sector HLS technologies.
AGS is engaged in the acquisition of technologiaclly oriented private HLS companies developing products for which there is great demand in the market in connection with the global war on terrorism.
AGS has a strong team and infrastructure in Tel Aviv and is focusing on ivestment opportunities in Israel, which is an attractive source of emerging HLS technologies for North American and European markets.
The products included in the AGS Group portfolio include the main branches of homeland security - protection of critical infrastructure, prevention of unauthorized access, threat detection and information security.
Tuesday, December 1, 2009
Monday, November 16, 2009
Thunderbird Resorts Inc.
Industry: Tourism
Main business locations: Central and South America, South East Asia, Eastern Europe, India
Registered address:
Icaza, Gonzales-Ruiz & Aleman (BVI) Trust Limited
P.O. Box 873
Vanterpool Plaza, Second Floor
Road Town, Tortola
British Virgin Islands
Listed on: NYSE
Frankfurt Stock Exchange
NYSE Ticker: THRSF
Incorporation year: 1997
Corporate Office:
Thunderbird Building
Calle Alberto Navarro
El Cangrejo, Apartado 0823-00514
Panama, Republic of Panama
Auditor:
Grant Thornton UK LLP
London Thames Valley
Churchill House
Chalvey Road East
Slough SL1 2LS
United Kingdom
Financial highlights (2008):
Gross profit: US$114,2 million
Operating loss: US$4 million
Loss for the year: US$33,5 million
Loss per share (basic and diluted): US$1.67
Total assets: US$ 258,5 million
Common shares issued (as of 21 August 2009): 19,736,412
About the BVI company:
Thunderbird Resorts Inc. is an international provider and operator of branded casinos and recreational gaming facilities in eight countries on four continents. BVI company’s main properties, expansions and acquisitions are located in Costa Rica, Guatemala, Nicaragua, Panama, PerĂº, Philippines and Poland. The company was started in Guatemala in 1997, currently it is headquartered in Panama.
As of 30 September 2009, Thunderbird Resorts had 30 gaming facilities worldwide, totaling approximately 7,300 gaming positions. The company provides entertainment opportunities intended for the local population of the regions where it operates.
Main business locations: Central and South America, South East Asia, Eastern Europe, India
Registered address:
Icaza, Gonzales-Ruiz & Aleman (BVI) Trust Limited
P.O. Box 873
Vanterpool Plaza, Second Floor
Road Town, Tortola
British Virgin Islands
Listed on: NYSE
Frankfurt Stock Exchange
NYSE Ticker: THRSF
Incorporation year: 1997
Corporate Office:
Thunderbird Building
Calle Alberto Navarro
El Cangrejo, Apartado 0823-00514
Panama, Republic of Panama
Auditor:
Grant Thornton UK LLP
London Thames Valley
Churchill House
Chalvey Road East
Slough SL1 2LS
United Kingdom
Financial highlights (2008):
Gross profit: US$114,2 million
Operating loss: US$4 million
Loss for the year: US$33,5 million
Loss per share (basic and diluted): US$1.67
Total assets: US$ 258,5 million
Common shares issued (as of 21 August 2009): 19,736,412
About the BVI company:
Thunderbird Resorts Inc. is an international provider and operator of branded casinos and recreational gaming facilities in eight countries on four continents. BVI company’s main properties, expansions and acquisitions are located in Costa Rica, Guatemala, Nicaragua, Panama, PerĂº, Philippines and Poland. The company was started in Guatemala in 1997, currently it is headquartered in Panama.
As of 30 September 2009, Thunderbird Resorts had 30 gaming facilities worldwide, totaling approximately 7,300 gaming positions. The company provides entertainment opportunities intended for the local population of the regions where it operates.
Monday, November 9, 2009
Play LA Inc.
Industry: Online Gaming
Main business locations: Europe, UK, Latin America
Registered address:
c/o Mossack Fonseca & Co.
Akara Building,
P.O. Box 3136,
24 De Castro Street,
Wickhams Cay 1,
Road Town, Tortola, B.V.I.
Listed on: NASDAQ OTC.BB
Ticker: PLLAF
Incorporation year: 2005
Financial highlights (2008):
Total revenue: US$544,000
Gross profit: US$259,000
Net income: (US$399,000)
Selling general and administrative expenses: US$554,000
About the BVI company:
Play LA, Inc. is a publicly traded internet advertising and publishing company to the online and mobile gaming industry. Its main focus is identification and evaluation of businesses and assets relating to gaming operations. The BVI company owns and operates a network of multi-language websites that comprise unique information on sports betting, gaming tips and advice, tournament information and promotions. The information is renewed every day. Play LA Inc. is operating only in markets where online gaming is regulated, and company's development and expansion plans folow the countries legalizing online gaming and implementing regulation rules.
The first name of the company under which it was incorporated in September 2005 was Argosy Enterprises Limited; in October 2005 the company changed its name to Play LA, Inc.
The assets portfolio of Play LA includes such well-known brands as BettingChoice, GuideToPoker and GuideToCasinos. Other brands which are developed by the company are GuidetoBetting and GuidetoBingo.
Main business locations: Europe, UK, Latin America
Registered address:
c/o Mossack Fonseca & Co.
Akara Building,
P.O. Box 3136,
24 De Castro Street,
Wickhams Cay 1,
Road Town, Tortola, B.V.I.
Listed on: NASDAQ OTC.BB
Ticker: PLLAF
Incorporation year: 2005
Financial highlights (2008):
Total revenue: US$544,000
Gross profit: US$259,000
Net income: (US$399,000)
Selling general and administrative expenses: US$554,000
About the BVI company:
Play LA, Inc. is a publicly traded internet advertising and publishing company to the online and mobile gaming industry. Its main focus is identification and evaluation of businesses and assets relating to gaming operations. The BVI company owns and operates a network of multi-language websites that comprise unique information on sports betting, gaming tips and advice, tournament information and promotions. The information is renewed every day. Play LA Inc. is operating only in markets where online gaming is regulated, and company's development and expansion plans folow the countries legalizing online gaming and implementing regulation rules.
The first name of the company under which it was incorporated in September 2005 was Argosy Enterprises Limited; in October 2005 the company changed its name to Play LA, Inc.
The assets portfolio of Play LA includes such well-known brands as BettingChoice, GuideToPoker and GuideToCasinos. Other brands which are developed by the company are GuidetoBetting and GuidetoBingo.
Thursday, September 24, 2009
Pluris Energy Group Inc.
Industry: Mining
Main business locations: Argentina, Latin America
Registered office:
Tortola
British Virgin Islands
Financial highlights (2008):
Net Loss: US$4,649,421
Total assets: US$47,306
Stockholders' deficit: US$7,918,494
Deficit accumulated during the exploration stage: US$27,222,091
About the BVI company:
Pluris Energy Group Inc. (BVI) is a holding and a wholly owned subsidiary of Pluris Energy Group Incorporated, which is exploration stage international energy company specializing in the development of international business opportunities including, but not limited to, the acquisition, exploration and development of oil and natural gas properties in South America; primarily in the region of Argentina. The activities of the Group’s subsidiaries, including Pluris BVI, are to focus upon acquiring oil and natural gas prospects in hydrocarbon rich regions of Argentina.
Pluris Energy Group, Inc. was incorporated in Nevada in 1997, under the name 'Hadrosaurus Resources, Inc.'. In 2003 the company changed its name on the OTC Bulletin Board public listing to Petrogen Corp., after the acquisition of Petrogen, Inc. In September 2006, it completed merger with its subsidiary, Pluris Energy Group Inc., as a result of which it changed its name to Pluris Energy Group Inc. In this period, the company made strategic shift of its operations from the Texas Gulf Coast to Latin America. Company’s main executive offices are located in Vancouver, British Columbia, Canada.
Main business locations: Argentina, Latin America
Registered office:
Tortola
British Virgin Islands
Financial highlights (2008):
Net Loss: US$4,649,421
Total assets: US$47,306
Stockholders' deficit: US$7,918,494
Deficit accumulated during the exploration stage: US$27,222,091
About the BVI company:
Pluris Energy Group Inc. (BVI) is a holding and a wholly owned subsidiary of Pluris Energy Group Incorporated, which is exploration stage international energy company specializing in the development of international business opportunities including, but not limited to, the acquisition, exploration and development of oil and natural gas properties in South America; primarily in the region of Argentina. The activities of the Group’s subsidiaries, including Pluris BVI, are to focus upon acquiring oil and natural gas prospects in hydrocarbon rich regions of Argentina.
Pluris Energy Group, Inc. was incorporated in Nevada in 1997, under the name 'Hadrosaurus Resources, Inc.'. In 2003 the company changed its name on the OTC Bulletin Board public listing to Petrogen Corp., after the acquisition of Petrogen, Inc. In September 2006, it completed merger with its subsidiary, Pluris Energy Group Inc., as a result of which it changed its name to Pluris Energy Group Inc. In this period, the company made strategic shift of its operations from the Texas Gulf Coast to Latin America. Company’s main executive offices are located in Vancouver, British Columbia, Canada.
Friday, May 8, 2009
Walcom Group Limited
Industry: Manufacturing
Main business locations: China, Thailand, Philippines
Registered office:
P.O. Box 957 Offshore Incorporations
Centre Tortola
Road Town
British Virgin Islands
Listed on: London's Alternative Market (AIM)
Ticker: WALG
Financial highlights (2008):
Gross profit: HK$14,707,269
Turnover: HK$26,027'000
Revenue: HK$26,027,300
Cash and cash equivalents: HK$8,328,032
Total assets: HK$24,490,407
Share capital: HK$688,344
Total equity: HK$18,768,464
About the BVI company:
Walcom Group Limited is an investment holding company, along with its subsidiaries, actively engaged in the manufacturing, distribution and sale of chemical feed and additive products for animals. The BVI company operates mainly in Hong Kong and the PRC. Walcom's headquarters is located in Shanghai, China, with research and manufacturing facilities. Company is operating through its subsidiaries Walcom International, which is engaged in investment holding, Shanghai Walcom Bio-Chem Co., Ltd., engaged in manufacturing of chemical feed and additive products; Walcom Bio-Chemicals Industrial Limited, engaged in investment holding and trading of chemical feed and additive products, and Walcom Nutritions International Limited, which is engaged in investment holding.
The business area of Walcom covers research, production, sales and markets of physiological regulation products and provides of animal sciences solutions to customers. Products developed by Walcom possess the autonomous and innovative proprietary Walstrong TM technology, which has been filed 83 patents worldwide. The Walstrong product series are commercialized in the Philippines, Thailand, Malaysia, Korea, Taiwan and Hong Kong.
Main business locations: China, Thailand, Philippines
Registered office:
P.O. Box 957 Offshore Incorporations
Centre Tortola
Road Town
British Virgin Islands
Listed on: London's Alternative Market (AIM)
Ticker: WALG
Financial highlights (2008):
Gross profit: HK$14,707,269
Turnover: HK$26,027'000
Revenue: HK$26,027,300
Cash and cash equivalents: HK$8,328,032
Total assets: HK$24,490,407
Share capital: HK$688,344
Total equity: HK$18,768,464
About the BVI company:
Walcom Group Limited is an investment holding company, along with its subsidiaries, actively engaged in the manufacturing, distribution and sale of chemical feed and additive products for animals. The BVI company operates mainly in Hong Kong and the PRC. Walcom's headquarters is located in Shanghai, China, with research and manufacturing facilities. Company is operating through its subsidiaries Walcom International, which is engaged in investment holding, Shanghai Walcom Bio-Chem Co., Ltd., engaged in manufacturing of chemical feed and additive products; Walcom Bio-Chemicals Industrial Limited, engaged in investment holding and trading of chemical feed and additive products, and Walcom Nutritions International Limited, which is engaged in investment holding.
The business area of Walcom covers research, production, sales and markets of physiological regulation products and provides of animal sciences solutions to customers. Products developed by Walcom possess the autonomous and innovative proprietary Walstrong TM technology, which has been filed 83 patents worldwide. The Walstrong product series are commercialized in the Philippines, Thailand, Malaysia, Korea, Taiwan and Hong Kong.
Tuesday, April 21, 2009
Hallwood Financial Limited
Industry: Financial Services
Registered office:
P.O. Box 3136,
Road Town, Tortola,
British Virgin Islands
Incorporation date: April 16, 2008
About the BVI company:
Hallwood Financial Ltd is a private limited company, wholly owned by a Jersey-based discretionary trust “The Hallwood Trust”, the beneficiaries of which are Anthony J. Gumbiner and his family. Hallwood Financial is investing in marketable securities in the US and the UK. BVI-registered Hallwood has an extensive portfolio of assets, which include cash and short term investments, time deposits and marketable securities.
Hallwood is the owner of 66.28% of a holding company, The Hallwood Group Incorporated (HGI), based in Delaware, whose shares are traded on the NYSE Alternext Exchange. The Delaware company is primarily involved in textile activities, through its subsidiary Brookwood Companies Incorporated.
Registered office:
P.O. Box 3136,
Road Town, Tortola,
British Virgin Islands
Incorporation date: April 16, 2008
About the BVI company:
Hallwood Financial Ltd is a private limited company, wholly owned by a Jersey-based discretionary trust “The Hallwood Trust”, the beneficiaries of which are Anthony J. Gumbiner and his family. Hallwood Financial is investing in marketable securities in the US and the UK. BVI-registered Hallwood has an extensive portfolio of assets, which include cash and short term investments, time deposits and marketable securities.
Hallwood is the owner of 66.28% of a holding company, The Hallwood Group Incorporated (HGI), based in Delaware, whose shares are traded on the NYSE Alternext Exchange. The Delaware company is primarily involved in textile activities, through its subsidiary Brookwood Companies Incorporated.
Sunday, March 29, 2009
Polo Resources Limited
Industry: Mining
Main business locations: Mongolia, Australia
Registered office:
Craigmuir Chambers
Road Town, Tortola
British Virgin Islands VG 1110
Incorporation date: 23 May 2007
BVI Registration number: 1406187
Listed on: London's Alternative Market (AIM)
Ticker: POLJF
English solicitors: Charles Russell LLP
BVI law solicitors: Harney Westwood & Riegels LLP
Auditors: Chapman Davis LLP
Principal Bankers: HSBC Bank Plc HBEU
Registrar: Computershare Investor Services (Channel Islands) Limited
Financial highlights (annual report ended June 30 2008):
Total assets: $341,370,000
Total equity: $337,626,000
Cash and cash equivalents: $113,674,000
Total number of shares: 1,874,239,816
BVI subsidiaries:
Polo Australasia Limited - 100% owned holding company
Polo Bangladesh Limited - 100% owned holding company
MUC Resources Ltd. - 100% owned holding company
World Coal Works Corporations - 100% owned holding company
About the BVI company:
Polo Resources Ltd is an international coal mining and exploration group which also has uranium interests. The BVI company acquires and develops interests in international coal projects, particularly those serving Asian market.
The company holds a diversified portfolio of coal and uranium licences in Mongolia, which is highly prospective for mineral deposits. Polo has specifically targeted areas of significant known coal resources that are near the necessary infrastructure to export coal into the Chinese and Russian energy markets.
Main business locations: Mongolia, Australia
Registered office:
Craigmuir Chambers
Road Town, Tortola
British Virgin Islands VG 1110
Incorporation date: 23 May 2007
BVI Registration number: 1406187
Listed on: London's Alternative Market (AIM)
Ticker: POLJF
English solicitors: Charles Russell LLP
BVI law solicitors: Harney Westwood & Riegels LLP
Auditors: Chapman Davis LLP
Principal Bankers: HSBC Bank Plc HBEU
Registrar: Computershare Investor Services (Channel Islands) Limited
Financial highlights (annual report ended June 30 2008):
Total assets: $341,370,000
Total equity: $337,626,000
Cash and cash equivalents: $113,674,000
Total number of shares: 1,874,239,816
BVI subsidiaries:
Polo Australasia Limited - 100% owned holding company
Polo Bangladesh Limited - 100% owned holding company
MUC Resources Ltd. - 100% owned holding company
World Coal Works Corporations - 100% owned holding company
About the BVI company:
Polo Resources Ltd is an international coal mining and exploration group which also has uranium interests. The BVI company acquires and develops interests in international coal projects, particularly those serving Asian market.
The company holds a diversified portfolio of coal and uranium licences in Mongolia, which is highly prospective for mineral deposits. Polo has specifically targeted areas of significant known coal resources that are near the necessary infrastructure to export coal into the Chinese and Russian energy markets.
Saturday, March 7, 2009
Global-Tech Advanced Innovations Inc.
Industry: Manufacturing
Main business locations: China, United States
Registered Office:
TrustNet Chambers,
P.O. Box 3444,
Road Town, Tortola,
British Virgin Islands
Incorporation date: May 2, 1991
BVI Registration number:
Listed on: NASDAQ
Ticker: GAI
Financial highlights (2008):
Total Assets: US$ 108,724,700
Net Sales: US$ 105,543,089
Net Loss: US$ 4,427,113
Auditors: Ernst & Young
Legal Counsel: Calfee, Halter & Griswold LLP
100% owned BVI subsidiaries:
Global Appliances Holdings Limited - Investment holding
Global Display Holdings Limited - Investment holding
Wing Shing Overseas Limited – Trading of raw materials and household appliance products
GT Investments (BVI) Limited – Investment holding
Consortium Investment (BVI) Limited - Asset and investment holding
Global Digital Imaging Limited (BVI) – Trading of raw materials and digital products
Wing Shing Products (BVI) Company Limited - Dormant
About the BVI company:
Global-Tech Advanced Innovations Inc. (formerly known as Global-Tech Appliances Inc.) is a holding company, owning subsidiaries and not engaged in daily business operations. Global-Tech is operating in the business segments of home appliances, electronic components and other. Along with its subsidiaries, the BVI company designs and manufactures wide range of consumer electrical products and markets them worldwide. The products manufactured include also floor care products and small household appliances. The BVI company also develops higher-value, more technologically advanced consumer electronic products and components, among its customers there are Royal Appliance Manufacturing Company and the Electrolux Group.
Manufacturing operations of the company are located in Dongguan, PRC. Products of the company are sold to customers primarily in the United States of America and mainland China.
Main business locations: China, United States
Registered Office:
TrustNet Chambers,
P.O. Box 3444,
Road Town, Tortola,
British Virgin Islands
Incorporation date: May 2, 1991
BVI Registration number:
Listed on: NASDAQ
Ticker: GAI
Financial highlights (2008):
Total Assets: US$ 108,724,700
Net Sales: US$ 105,543,089
Net Loss: US$ 4,427,113
Auditors: Ernst & Young
Legal Counsel: Calfee, Halter & Griswold LLP
100% owned BVI subsidiaries:
Global Appliances Holdings Limited - Investment holding
Global Display Holdings Limited - Investment holding
Wing Shing Overseas Limited – Trading of raw materials and household appliance products
GT Investments (BVI) Limited – Investment holding
Consortium Investment (BVI) Limited - Asset and investment holding
Global Digital Imaging Limited (BVI) – Trading of raw materials and digital products
Wing Shing Products (BVI) Company Limited - Dormant
About the BVI company:
Global-Tech Advanced Innovations Inc. (formerly known as Global-Tech Appliances Inc.) is a holding company, owning subsidiaries and not engaged in daily business operations. Global-Tech is operating in the business segments of home appliances, electronic components and other. Along with its subsidiaries, the BVI company designs and manufactures wide range of consumer electrical products and markets them worldwide. The products manufactured include also floor care products and small household appliances. The BVI company also develops higher-value, more technologically advanced consumer electronic products and components, among its customers there are Royal Appliance Manufacturing Company and the Electrolux Group.
Manufacturing operations of the company are located in Dongguan, PRC. Products of the company are sold to customers primarily in the United States of America and mainland China.
Friday, January 30, 2009
Pansoft Company Limited
Industry: Software Development
Main business locations: China
Registered Office:
AMS Trustees Limited,
Sea Meadow House,
Blackburne Highway, (P.O. Box 116), Road Town,
Tortola, British Virgin Islands
Incorporation date: September 28, 2001
BVI Registration number:
Listed on: NASDAQ
Ticker: PSOF
Financial highlights:
Market capitalization (January 30,2009): 12.51M
Earnings per share: 0.587
About the BVI company:
Pansoft Company Limited (formerly known as Time Maker Limited) is a provider of software solutions for enterprise resource planning (ERP), and on-demand customized services for the oil and gas industry in China. ERP software provided by Pansoft provides solutions to various business operations including accounting, order processing, shipping, invoicing, inventory control and customer relationship management. It provides solutions for its clients' application software systems, including system integration and legacy software expansion and integration.
Also, the BVI company offers its clients training, maintenance and implementation services.
Among Pansoft's largest clients there are some of China's largest oil and petroleum companies, including Sinopec and PetroChina and their subsidiaries.
Main business locations: China
Registered Office:
AMS Trustees Limited,
Sea Meadow House,
Blackburne Highway, (P.O. Box 116), Road Town,
Tortola, British Virgin Islands
Incorporation date: September 28, 2001
BVI Registration number:
Listed on: NASDAQ
Ticker: PSOF
Financial highlights:
Market capitalization (January 30,2009): 12.51M
Earnings per share: 0.587
About the BVI company:
Pansoft Company Limited (formerly known as Time Maker Limited) is a provider of software solutions for enterprise resource planning (ERP), and on-demand customized services for the oil and gas industry in China. ERP software provided by Pansoft provides solutions to various business operations including accounting, order processing, shipping, invoicing, inventory control and customer relationship management. It provides solutions for its clients' application software systems, including system integration and legacy software expansion and integration.
Also, the BVI company offers its clients training, maintenance and implementation services.
Among Pansoft's largest clients there are some of China's largest oil and petroleum companies, including Sinopec and PetroChina and their subsidiaries.
Friday, January 9, 2009
Chaarat Gold Holdings Limited
Industry: Mining
Main business locations: Kyrgyz Republic
Registered Office:
Palm Grove House
PO Box 438
Road Town, Tortola
British Virgin Islands, VG1110
Incorporation date: 20 July 2007
BVI Registration number: 2814897
Listed on: London's Alternative Market (AIM)
Ticker: CGH.L
English solicitors: Watson, Farley & Williams LLP
BVI law solicitors: Ogier
Auditors: Grant Thornton UK LLP
Principal bankers: Royal Bank of Scotland International
Financial highlights:
Market capitalization: GBP 7.18M
Shares in issue: 71.883433M
Shareholders funds (2007): 15.03M
Earnings after Tax (2008): GBP -4.79M
About the BVI company:
Chaarat Gold Holdings Ltd is the holding company of the Chaarat Group. The Group was founded for the purposes of exploring and developing the Licence currently held by Chaarat Zaav in the western part of the Kyrgyz Republic. This area hosts many prospective gold occurrences and mineral resources.
Chaarat Group has exclusive rights to conduct geological prospecting and exploration for commodities including gold and other metals in the licence area which makes 604.6 km2. Chaarat Gold Holdings also extended the terms of the Licence, number Au 174-02, for a further two years from 1st January 2009 to 31st December 2010. The Licence extension applies to the entire 604 square kilometre property, as the Licence is not subject to any relinquishment requirements.
It is expected that a fully operational mine will be developed in the Licence Area within the next five years. Also, the BVI company will actively work to find other gold occurrences with potential near the Licence Area where it will seek to acquire the rights with the purpose to expand its gold resourse base.
Main business locations: Kyrgyz Republic
Registered Office:
Palm Grove House
PO Box 438
Road Town, Tortola
British Virgin Islands, VG1110
Incorporation date: 20 July 2007
BVI Registration number: 2814897
Listed on: London's Alternative Market (AIM)
Ticker: CGH.L
English solicitors: Watson, Farley & Williams LLP
BVI law solicitors: Ogier
Auditors: Grant Thornton UK LLP
Principal bankers: Royal Bank of Scotland International
Financial highlights:
Market capitalization: GBP 7.18M
Shares in issue: 71.883433M
Shareholders funds (2007): 15.03M
Earnings after Tax (2008): GBP -4.79M
About the BVI company:
Chaarat Gold Holdings Ltd is the holding company of the Chaarat Group. The Group was founded for the purposes of exploring and developing the Licence currently held by Chaarat Zaav in the western part of the Kyrgyz Republic. This area hosts many prospective gold occurrences and mineral resources.
Chaarat Group has exclusive rights to conduct geological prospecting and exploration for commodities including gold and other metals in the licence area which makes 604.6 km2. Chaarat Gold Holdings also extended the terms of the Licence, number Au 174-02, for a further two years from 1st January 2009 to 31st December 2010. The Licence extension applies to the entire 604 square kilometre property, as the Licence is not subject to any relinquishment requirements.
It is expected that a fully operational mine will be developed in the Licence Area within the next five years. Also, the BVI company will actively work to find other gold occurrences with potential near the Licence Area where it will seek to acquire the rights with the purpose to expand its gold resourse base.
Saturday, January 3, 2009
Emerging Metals Limited
Industry: Mining
Main business locations: Worldwide
Registered Office:
Craigmuir Chambers
Road Town, Tortola
British Virgin Islands
Incorporation date: 4 July 2007
BVI Registration number: 1415559
Listed on: London's Alternative Market (AIM)
Ticker: 40295.L
Legal Advisor: Blomfield Corporate Finance Limited
BVI law solicitors: Harney Westwood & Riegels LLP
Bankers: Conister Trust Ltd
Auditors and Reporting Accountants: KPMG Audit LLC
Financial highlights: (30 September 2008)
Interest received: £193,591
Net loss: £490,885
Total assets: £16,152,403
About the BVI company:
Emerging Metals Limited is a British Virgin Islands company, engaged in the industry of minor metals and rare earth elements. The company is investing in projects with exposure to these metals, and trading physical quantities of them.
Initial investment of the BVI company was the purchase of the Tsumeb Option from Ongopolo Mining Limited, a subsidiary of Weatherly International plc, for the purpose of the acquisition of two smelter slag stockpiles in Namibia, which contain base and rare metals. Emerging Metals Limited plans to produce the rare metal germanium, gallium and zinc, from the slag stockpiles.
Emerging Metals Ltd seeks for further acquisition and investment opportunities in suitable mineral rights projects in which minor metals and rare earth elements already exist or are likely to be found. The BVI company also plans to establish a trading portfolio and engage in the trading on physical quantities of minor metals and rare earth elements.
Main business locations: Worldwide
Registered Office:
Craigmuir Chambers
Road Town, Tortola
British Virgin Islands
Incorporation date: 4 July 2007
BVI Registration number: 1415559
Listed on: London's Alternative Market (AIM)
Ticker: 40295.L
Legal Advisor: Blomfield Corporate Finance Limited
BVI law solicitors: Harney Westwood & Riegels LLP
Bankers: Conister Trust Ltd
Auditors and Reporting Accountants: KPMG Audit LLC
Financial highlights: (30 September 2008)
Interest received: £193,591
Net loss: £490,885
Total assets: £16,152,403
About the BVI company:
Emerging Metals Limited is a British Virgin Islands company, engaged in the industry of minor metals and rare earth elements. The company is investing in projects with exposure to these metals, and trading physical quantities of them.
Initial investment of the BVI company was the purchase of the Tsumeb Option from Ongopolo Mining Limited, a subsidiary of Weatherly International plc, for the purpose of the acquisition of two smelter slag stockpiles in Namibia, which contain base and rare metals. Emerging Metals Limited plans to produce the rare metal germanium, gallium and zinc, from the slag stockpiles.
Emerging Metals Ltd seeks for further acquisition and investment opportunities in suitable mineral rights projects in which minor metals and rare earth elements already exist or are likely to be found. The BVI company also plans to establish a trading portfolio and engage in the trading on physical quantities of minor metals and rare earth elements.
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