Sino-Development

In essence I am seeking $800k USD as equity investment in order to complete the Due Diligence and Legal process for a goldmine project my company is currently putting together.

We have already received a funding commitment for the $132m USD that it will take in order to finance the project, and are only seeking “gap” financing in order to complete the process for securing project funding. To that end, Sino-Development is willing to commit to the following in order to secure the $800k . . . .

1. Sino-Development is seeking “Gap Financing” in the amount of $800,000 USD to cover the costs for Due Diligence and In-country Legal Fees. For this, Sino-Development would be willing to reimburse said “Gap Financing,” i.e. the Principal amount invested, plus an agreed upon rate of interest not to exceed 10%. This amount, $800k will be repaid upon receipt of Project Financing. (Within six months.) In addition, Sino-Development would also provide up to 3% equity in “S.D. Trust”, the company that will be set up in Kazakhstan for ownership of the Naryn Gold Field Project. (Estimated net worth of the project after expenses, is $1,049,862,878.47 USD, spread out over 35 years.)