CES has signed a mining and exploration agreement with Paramore Enterprise Limited to
receive a minimum of 2.75 tons of gold within 5 years.
Heritage
Fund Size
100M
CES Investments, Heritage Bank
Commodity Gold
Nigeria
Paramare is currently mining 50kg of gold per month and is increasing their capacity to 500ka per month. 85% of all gold mined will be provided to the fund and shipped to a save location (e.g. DMCC Dubai) where the gold will be tested, certified and stored. As soon as the fund has received >SUS100million in gold value within its storage location, the
mine will reduce the % provided (according to the schedule outlined. The Fund is providing a 9% dividend while expecting an investor ID af s)%