Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I would be disappointed with a share price less than 30 pence or CAD 50 cents a share.
I used the" Lets Chat" on the bottom of the CIC Capital web page and got a prompt Email from Stuart.
I asked when we would receive new electronic post-consolidation share certificates and for a firm date for the listing of CIC Capital.
Here is Stuart's reply.....
Dear Macnai,
We will issue new certificates as each listing date is announced. I am unable to advise when but CIC Capital is leading the others.
CIC Gold is undergoing an audit and will be finished in the next two weeks
CIC Fund we are making clear long term decisions and will decide over the next week the path forward. We have registered 3 years ago CIC Fund Ltd incase we decided to have a totally clean Co which will absorb CIC Capital Fund Ltd. This would simplify our fund establishment in Luxembourg. CIC Group private companies has very large cash in bank and is why we do not raise capital. CIC Fund may also absorb CIC Angel Fund Ltd with huge cash in bank as well. The key is how we deal with shareholding and valuation of CIC Capital Fund. The shareholder should see a much better position that the 3 pence it last traded at.
We have updated the prospectus and is in its second reading by regulators.We have added 3 new clients.
Please feel free to cal.
Kindest Regards
Stuart J. Bromley
+86 136 0113 1912
China is Booming. Can we have some........PLEASE?
https://www.youtube.com/watch?v=CaELQS5kTso&feature=share
Danir AB paid CAD $7.88 a Cindrigo share so CIC's 600,000 shares should be worth CAD $4,728,000 that's 2,936,645 pounds Stirling if I got my sums right.
"Danir AB Makes Further Investments in Cindrigo
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2019) - Cindrigo Energy Ltd. ("Cindrigo" or the "Company") is pleased to announce the purchase of 144,443 shares of the Company by Danir AB ("Danir") at a price of CAD $ 7.88 (USD $6.00) per share, for a total investment in the amount of CAD $1,164,165 (USD $886,598). On completion of the transaction, Danir will hold a total of 47,460,538 shares, representing a total ownership of 33.92% of the company's total outstanding shares.
About Danir AB
Danir AB is a Swedish entrepreneur-driven holding company owned by the Dan Olofsson family. Danir actively owns, manages and participates in the development of listed and private companies, primarily in development-intensive industries. Danir was founded in 1986 and is permeated by entrepreneurship, long-term perspective and social engagement. The Group sales 2019, is estimated to SEK 7 billion (CAD 1 billion), with some 5,000 employees."
New Gallery of pretty Pics on the web site.
https://www.ciccapital.com/gallery
I think Cindringo decided they didn't need a listing on the TSX Venture exchange but we still own the shares in the company and I think it has the potential to become big.
See this news from June.
Cindrigo Energy Ltd.: Resignation of Advisors and Director
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2019) - Cindrigo Energy Ltd announces that, on June 7, 2019, the Company has been advised of the following resignations effective at 31 May 2019:
Corporate Advisor for public listing CIC Capital Ltd.
Chief Financial Officer Sandey Wang
Independent Director and Chairperson of Audit Committee Inge Leutscher
About the Company
The Company is engaged in the development of high-quality, clean, renewable energy utilizing Waste to Energy Technologies ("WtE") and Biomass energy ("Biomass") projects. WtE and Biomass technologies consist of any waste treatment process that creates energy in the form of electricity, heat or transport fuels (e.g. gas and diesel) from a waste source.
Contact
Stuart J. Bromley, Advisor
Bromley@ CICCapital.com
I paid good money to have Stuart move my shares from my Barclays account and send me electronic share certificates for all three companies.
They are still listed in my Barclays account.
Hopefully, I can get my electronic shares transferred into my Questrade account in Canada.
How this all works, we will have to wait and see.
I think we will have to wait for the CIC Gold prospectus to know what exactly they own.
The Mongolia property is likely to hold copper and hopefully gold.
Extract from a CIC Gold corporate update on 2 March 2017.
"Gobi Mineral Group Acquisition
The Company announced that it was subject to a regulator enquiry on January 4, 2017. Post this announcement the vendors have withdrawn from the acquisition until the Company is trading on a designated exchange."
In a letter to shareholders in October 2018, Stuart said that CIC Fund ordinary shares would be consolidated 1 for 10 before a listing but I have never seen anything for consolidation of CIC Capital.
We haven't any gold.
Just the possibility of gold on land we possibly own the mineral rights to.
Also......the prospectus news should be on SEDAR, after all, it is now a Canadian company looking for a listing on the TSX Venture exchange.
https://sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00048115
Dear XXX,
Traveling at present in Luxembourg. Required to report into our fiduciary office time to time and has been an excellent visit. Travelling with me are clients of CIC Capital ltd.
I am pleased to advise the prospectus for CIC Capital Ld was filed last Thursday 8 Aug 2019 with a press release being issued 7 am London time this coming Monday.
Kindest Regards
Stuart J. Bromley
+86 136 0113 1912
CIC Capital Ltd, the advisory services company will be TSX Venture market.
The Company will then duel list into EU post that.
CIC Gold will follow CIC Capitals path.
Both companies are “venture issuers.
CIC Capital Fund Ltd , the regulated close end fund which is not trading on any exchange we will eventually focus on re-admission most likely on TSX main board..
Client company's where we will earn shares will be in various exchanges depending on their function. Expect news on that very soon.
Kindest Regards
Stuart J. Bromley
+86 1356 0113 1912
Does anyone know what market in Canada the CIC companies are going to list on?
The TSX main market or the TSX Venture or the CNX?
Well, the new web site was there 10 minutes ago.
This was on the main page.....
"CIC provides full corporate advisory services for a client seeking admission to a regulated stock exchange. CIC provides all legal, audit financial statements, finance, regulatory and stock exchange documentation including prospectus drafting and filing.
?
CIC has long-established relationships with regulators and stock exchanges in the EU, Canada, the US, Hong Kong, Singapore, and Australia.
?
CIC further has many years of dealing with leading law firms, leading audit firms and, regulated listing sponsors."
"CIC shareholders are sophisticated investors"
Making my head swell......
CIC Capital have updated their web site..............take a look now.
http://www.ciccapital.com/
I keep checking the SEDAR Issuer Profiles to see if there is a listing for CIC Capital or even CIC Gold and what do if find.....nothing. Just an outdated profile for CIC Capital Fund.
https://sedar.com/issuers/company_issuers_c_en.htm
Will, they even be able to afford new listings with the upfront costs and monthly fees?
Is the auditor able to make sense of the business plans?
According to the SEDAR profile for CIC Capital Fund the shares were listed on the Canadian CSE market.
https://www.thecse.com/
I cannot find any info about the company on their web site.
Will we see a listing soon?
I jolly well hope so.
Hopefully, the Audit will be done soon as it should be simple to do.
Have been waiting for months for Amfil Technologies in US/ Canada to get their audit done.
Now able to connect CIC Caapital Fund web site and I notice they have the exact same number of common shares in issue as CIC Capital 51,020,836 so they must have had a 1 for 10 consolidation as well.