but when i saw KCPC's otc's info i saw they had ne
Post# of 4018
Posted On: 09/26/2014 10:48:17 PM
but when i saw KCPC's otc's info i saw they had negative assets /equity /income
from their public filing:
''In November 2011, the Company committed to the establishment of a mining industry financing business, based
upon the introduction in the market of the highly successful streaming model for mineral and precious metals
projects and other applications. Since that time the Company has been building its management and global
industry expert consulting team as well as test marketing its business model. In association with its financing business the Company may also seek to acquire advanced exploration resource projects with the objective to farm out interests in such projects while still retaining the equivalent of a streaming interest in any project production.
The Company’s approach to resource industry project funding has been based upon a
hybrid version of metal streams which are also referred to as volumetric production payments (VPPs) or metal pur
chase agreements.
Metal streaming was pioneered in its current form by Silver Wheaton in 2004 and is a financing arrangement whereby
a company , such as Key Capital, offers a sum of capital and/or shares upfront, often prior to the construction of mine
infrastructure, in exchange for an interest in production once that mine enters production.
Key Capital structured finance or metal stream agreements are an accretive financing tool that can enable resource
owners to reduce dilution and accelerate production , while still retaining full control of their projects . Key Capital seeks interests in metals and mineral production through these agreements.
It should be noted that Key Capital will not be raising funds in order to provide capital to its future clients, but rather
Key Capital will seek to fund its farm - in project funding opportunities throug h direct funding initiatives,
through institutional project fund ing facilities, and through alternative project funding opportunities that the Company will seek to secure for its future client companies.
Subsequent to the Quarter end Key Capital has entered into agreement with Red Rock Assets LLC, a related party,
pursuant to which Red Rock Assets intends to raise project funding for Key Capital originated resource and energy projects. In this regard, Red Rock Assets is launching the world’s first resources industry online social lending
platform. The Company currently has four resource and energy industry projects that it has entered into financing
agreements with conditional upon continued due diligence. Page 4 of 12
from their public filing:
''In November 2011, the Company committed to the establishment of a mining industry financing business, based
upon the introduction in the market of the highly successful streaming model for mineral and precious metals
projects and other applications. Since that time the Company has been building its management and global
industry expert consulting team as well as test marketing its business model. In association with its financing business the Company may also seek to acquire advanced exploration resource projects with the objective to farm out interests in such projects while still retaining the equivalent of a streaming interest in any project production.
The Company’s approach to resource industry project funding has been based upon a
hybrid version of metal streams which are also referred to as volumetric production payments (VPPs) or metal pur
chase agreements.
Metal streaming was pioneered in its current form by Silver Wheaton in 2004 and is a financing arrangement whereby
a company , such as Key Capital, offers a sum of capital and/or shares upfront, often prior to the construction of mine
infrastructure, in exchange for an interest in production once that mine enters production.
Key Capital structured finance or metal stream agreements are an accretive financing tool that can enable resource
owners to reduce dilution and accelerate production , while still retaining full control of their projects . Key Capital seeks interests in metals and mineral production through these agreements.
It should be noted that Key Capital will not be raising funds in order to provide capital to its future clients, but rather
Key Capital will seek to fund its farm - in project funding opportunities throug h direct funding initiatives,
through institutional project fund ing facilities, and through alternative project funding opportunities that the Company will seek to secure for its future client companies.
Subsequent to the Quarter end Key Capital has entered into agreement with Red Rock Assets LLC, a related party,
pursuant to which Red Rock Assets intends to raise project funding for Key Capital originated resource and energy projects. In this regard, Red Rock Assets is launching the world’s first resources industry online social lending
platform. The Company currently has four resource and energy industry projects that it has entered into financing
agreements with conditional upon continued due diligence. Page 4 of 12
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