A mining company is searching for a lender or investor that will grant US $ 5’000,000.00 to open and develop a mine located in Trujillo. Said loan will be subject to an annual interest rate of 20,% which will be paid within 3 years.
It should be noted that the mine has proven reserves and it is expected to generate revenues from the first four months from the opening date. It is estimated that after the first year, sufficient income will be produced to make monthly interest payments. Once the exploration phase is completed, the company will be placed on the Canadian Stock Exchange. The mine is expected to have a market value of US$ 20 million.