Bracken International Mining secures EUR200 million funding facility ahead of DB IPO now seeks acquisitions

We are funding EURO 200 Million into Bracken
International Mining.
(www. redstarmining.com.au)

Australian based Bracken International Mining
(BIM) has secured a EUR 200 million funding
package through Chinese based
Zigong Commercial Equity Partners Fund SP.

The funding structure is a three year facility
that will support BIM once it completes its
listing on the Frankfurt Stock Exchange in
the coming months and is the first funding
deal Zigong has facilitated for an
Australian company.

BIM executive chairman, Luke Bracken, says
the company has moved up the mining ranks
from owner operator of one of the largest
sand mines in New South Wales to a major
stakeholder in five high grade manganese
mines in the West Timor province
of Indonesia.

“This funding package is the culmination
of 15 years successful operation as a
private company and will enable BIM to
enter the manganese market amongst
others, with a truly aggressive global
reach,” Mr Bracken says.

“We have confirmed reserves in excess
of 200 million tons throughout the five
mines and our first year revenues will
be generated from selling lump ore direct
to steel makers in China through relationships
with our New York trading partners.

Along with the take over as majority owner
of the mines BIM also takes ownership of
the government license to build and operate
our own smelter, enabling us to process
it’s 50 to 68 percent lump ore into end
grade silicon and ferrous manganese products
for steel manufacturing customers in China
and Europe.”

NOW BIM is seeking expansion opportunities
within the mining sector in Australia and
internationally:

•Joint Venture or takeover of listed companies

•JV deals with mining license holders. Green
field or advanced

•Take over’s with cash positive operating revenue

Please contact us via email if you know a good candidate.

Also let us know if you have any listed public companies that
are seeking capital.


Please let us know what you want us to do.

Penond Marc
Senior consultant
Cel:(00225)01475925
(00225)04075977
Email:gmgpenond@yahoo.fr
gmgpenond@gmail.com
Skype:gmgpenond
Address:04 bp 2460 abj 04
http://www.linkedin.com/profile/view?id=48699418&trk=tab_pro

Alvin Donovan
Managing Director
Equity Partners Fund SPC
www.epfundspc.com
Funchal Equity Partners Fund
www.funchalequitypartners.com
Zigong Commercial Equity Partners Fund
http://www.zigongequitypartners.com/
Join me on linkedin http://au.linkedin.com/in/alvindonovan
Follow me on Twitter @AlvinDonovan
Phone: + 61 415810958
Skype: alvindonovan
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