Investment Opportunity
In order to expand into gold exploration and mining activities, Tawati Holdings Ltd (“Tawati Gold”) will be raising $3,500,000 (R26 250 000) through a Private Placement Memorandum (PPM).
The PPM is available on request but must be addressed to a specific party and numbered and may not be sent out freely to other parties as it is NOT a public offering. It also contains the offer and subscription form.
A Preliminary Information Memorandum (PIM) that contains some of the information in the PPM is available to interested parties.
The PPM will be made available to big institutions soon. We would like smaller investors to have an opportunity to invest before serious talks with the bigger investors commence. We are planning to raise a third of the capital locally (South Africa) before moving off-shore.
The funds will be utilized to fund expansion of its activities through its 90% subsidiary Tawati Gold Mali SARL.
Due to a substantial step-up of existing activities and expansion to mining permits, exploration and possibly small scale exploitation, a well experienced technical project team will be appointed to implement, manage and monitor the project.
Tawati Gold launched in May 2008 at R20.88 per share and will do a new rights issue at R105 per share. The aim is to unlock further potential over the next 3 to 5 years, especially with more cautious exploration on permits.
The entry level for investment is R100 000 (about US13 500).
If you are interested in receiving the PPM, please CONTACT US with your name and email address. Feel free to download the PIM (see right).
IMPORTANT: THE PPM IS EXCLUSIVELY INTENDED FOR RSA INVESTORS.