A Canadian company has appointed AgroPages to lead a public fundraising effort, seeking $1 billion in capital investment for a phosphate mining company producing phosphate mainly for fertilizer. The phosphate mine, located in Quebec, has a 26-year open-pit mine life and can produce 3 million tons of phosphate per year.
Of the total $1 billion capital investment (30% stock + 70% bonds), 30%, that is $300 million, can be a cash injection (with direct ownership by a public company), while 70%, that is $700 million, can be in the form of bank loans or bonds.
Bright spots for investment:
* The company is listed on the Toronto stock exchange and is now worth $1.2 billion at its market cap.
* The mine has a production capacity of 3 million tons of phosphate for fertilizer per year (through 2023).
* The mine is located in a safe region, whereas most other phosphate mines are in North Africa and the Middle East.
* There is ample electricity nearby from Quebec Hydro to power the mine.
* A haul road leading up to the mine is already in place, and there is a year-round deep water port in operation at Saguenay.
* The phosphate is of high quality and thus commands a high purchase price.
* This mine has received strong support from the Quebec government, which has even invested in it, and all mining permits have been obtained.
* The project is practically shovel ready.
Serious investors interested in this investment project can contact AgroPages at
agropages@vip.163.com to get more details. If you have a similar investment project or other property for sale, such as land plots, plants, and products, please feel free to contact AgroPages with instructions, ownership paperwork, and other information.