DCSX has approved the listing of a maximum of 15,952,392 trade-able shares of Bronte Gold n.v. (DCSX Symbol: GOLD) @ USD 1.00 with an initial market capitalization of USD 15.95 million. PYGG Corporate Finance B.V. is the mandated Listing Advisor.
Bronte Gold N.V. is incorporated under the laws of Curacao as a public limited liability company. The Company has been formed for the purpose of raising capital via the Dutch Caribbean Securities Exchange (DCSX), and financing Bronte as a group (“Bronte”), currently preparing the exploration and monetizing of the 3 groups of Arizona gold mine claims. In addition, Bronte intends to seize new opportunities for investment, participation, or joint ventures in gold ventures in North and South America, or elsewhere. And become a buyer and seller of gold, and other minerals also referred to as hard commodities. Bronte’s focus is on the increase and creation of maximum value of underlying gold, and possible other mineral assets and corporate securities. This is based upon the Founders’ belief that mineral assets and securities, especially gold, offers the premier opportunity for the creation and storage of wealth. The Directors, Mr. Denis Clement and Mr. John MacKenzie have extensive experience and contacts in the gold, silver, precious and base metals, and mining, and exploration world. Following the Share Exchange Agreement between the shareholder of Bronte Gold Corp. PLC and the Company, dated June 20, 2020, Bronte Gold Corp. PLC has become a wholly-owned subsidiary of Bronte Gold N.V.
The Offering is being undertaken to raise up to USD 6,000,000 (before expenses). Proceeds of the Offering will be applied to investments in securities of metals Companies (public and private) and to follow and further a program of exploration recommendations. The purpose of the company’s exploration and accretive property and securities and asset acquisition activities is to increase shareholder value through an orderly increase in gold holdings. Such an increase will be reflected in the company share value. Management anticipates positive financial results within the first year which will be further enhanced by the rising gold and metals prices. Besides the financing exploration of the mines, listing on the DCSX will elevate the Group’s profile, ease dealings with banks while the DCSX is supposed to create liquidity and add to the market value of the Company.
Further details about the business can be found on our Markets page on this website under Equities Symbol GOLD.