RE: Bahamuan Mutual Fund RNS6 Jan 2020 07:28
Simon Potter, Chief Executive Officer of Bahamas Petroleum Company, said:
"It has long been the Company's intention to provide Bahamians a means of investing directly in this nationally significant project. Whilst the royalty regime under which BPC operates ensures economic value for the people of the Bahamas via government revenues, the mutual fund initiative will allow Bahamian individuals to hold a stake in the outcome of this exciting and potentially Transformational project, and thus to personally benefit should the project be successful."