30-08-2013, 03:05 AM
http://www.proactiveinvestors.co.uk/companies/news/60523/kilimanjaro-capital-makes-debut-on-gxg-markets-60523.html
[size=12][size=12][size=12]Aug 29th 2013
Kilimanjaro Capital makes debut on GXG Markets
Following a recent boom in junior IPOs, Thursday marked perhaps the market's most exotic new entrant so far.
GXG Markets, the Danish authorised small cap exchange, welcomed a rather unique investment fund called Kilimanjaro Capital (GXG:KCAP).
Its business concentrates on future contingent natural resource licences' (FCLs), which could potentially give the company the rights to natural resources in the event of a power shift in certain politically disputed territories in Africa. Or as the company itself explains it: "FCL contracts fully vest in the future upon decolonization."
Kilimanjaro Capital has thus far built a portfolio of FCLs with The Republic of Cabinda (a disputed territory in Angola that was formerly the Portuguese Congo), the Government of Southern Cameroons (the former British Southern Cameroons, which was annexed by Cameroun in 1972), and the Biafra Government in Exile (which purports to represent the continuation of the Biafra Republic, otherwise known as the Niger Delta region of Nigeria). It stressed it is working closely with charities for peaceful change in these countries.
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[size=12][size=12][size=12]Aug 29th 2013
Kilimanjaro Capital makes debut on GXG Markets
Following a recent boom in junior IPOs, Thursday marked perhaps the market's most exotic new entrant so far.
GXG Markets, the Danish authorised small cap exchange, welcomed a rather unique investment fund called Kilimanjaro Capital (GXG:KCAP).
Its business concentrates on future contingent natural resource licences' (FCLs), which could potentially give the company the rights to natural resources in the event of a power shift in certain politically disputed territories in Africa. Or as the company itself explains it: "FCL contracts fully vest in the future upon decolonization."
Kilimanjaro Capital has thus far built a portfolio of FCLs with The Republic of Cabinda (a disputed territory in Angola that was formerly the Portuguese Congo), the Government of Southern Cameroons (the former British Southern Cameroons, which was annexed by Cameroun in 1972), and the Biafra Government in Exile (which purports to represent the continuation of the Biafra Republic, otherwise known as the Niger Delta region of Nigeria). It stressed it is working closely with charities for peaceful change in these countries.
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