Kitco News: Crowdfunding Comes To Mining Sector

23-Mar-2016

By: Neils Christensen of Kitco News

 

The mining industry is not known for its acceptance of innovation; however, one company is hoping to change that after creating what could be the first regulated equity crowdfunding platform for the sector.

Since the start of the week, Red Cloud Klondike Strike along with the first two companies to embrace crowdfunding -- Banyan Gold Corp (TSX.V: BYN)and Radisson Mining Resource (TSX.V: RDS)-- have embarked on a cross-Canada tour to promote the innovative idea.

The trailblazers have been excited to promote the website that could ultimately be a game changer for a sector that has been starved of investment capital for many years.
 

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RISK WARNING:

Red Cloud Klondike Strike Inc. is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and Yukon.

 

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Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.

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