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Holding companies - Namibia

Namibia
  1. REO MINING

    Namibia

    Reo Mining intends to setup a Brick Manufacturing Plant/Sand Mining on its own property in Central Namibia. Secondly, a Chinese company holds an EPL over a vast area including mine which expired in August 2014. So far they drilled two exploration holes on my property, but the results are still secret with them. Area is rich in high grade copper, but ore reserves still unknown. Having said the above, I need to set base on my own property to secure a solid negotiating platform with the Chinese should they wish to pursue their venture and wishing that I should relocate by business. Should they not, I will mine the known Copper veins myself on a small but rewarding basis.I thus need a 10 year Business Loan/Equity or a combination of U$10 million at your most favorable consideration. Interest of 5% to be paid annually and Capital at the end of term.

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