Equity Partners Fund SPC are funding 200 Million EURO into An Australian based Bracken International Mining (BIM)

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