A start-up mining company whose promoters have multi-sectoral business interests ranging from Mining, Agriculture, Building Materials, Leisure and Hospitality and Financial Services across Africa and Asia intended to set-up shop here in Uganda. The capital intensive venture required financing for the acquisition of exploration and mining licenses of three minerals of interest; i.e. Gold, Granite and Iron Ore in key places of Uganda. Given our client‟s financial limitations, he contracted BLEGSCOPE to develop a business plan to share with prospective investors for capital raising.
BLEGSCOPE developed a thorough Business Plan that was shared with different financiers including private equity players and other mining businesses with interests in Africa.
Within four months of submission of the business plan, our client was able to close a partnership arrangement with a consortium of investors from Asia. Funding started to stream-in and business operations are now on course having acquired over 30 exploration licenses with some areas indicating commercially viable mineral deposits to enable mining.