Kilimanjaro Capital makes debut on GXG Markets
Posted in the Oil & Gas Forum
#1 Aug 29, 2013
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/
http://www.proactiveinvestors.co.uk/com ... 60523.html
Kilimanjaro Capital Ltd.: First Day of Dealings on GXG Markets
LONDON, UNITED KINGDOM--(Marketwired - Aug. 29, 2013)- Kilimanjaro Capital (GXG:KCAP), the cash shell looking to do acquisitions in the mining and Oil & Gas sectors, is pleased to announce the admission of its issued share capital to trading on GXG Markets. Dealings will commence at 9.00 a.m. today.
For additional information see Kilimanjaro's website at www.kilimanjarocapital.ca .
Jonathan Charles / Jessica Johnson
+44 (0) 20 3697 1209
#2 Sep 13, 2013
To those who thought it may have been engaged in a side show with its focus on future contingent assets, Kilimanjaro Capital has sent a strong message that it means very serious business when it recently obtained a public listing on the Danish stock exchange...
#3 Sep 21, 2013
Kilimanjaro Capital (KCAP:GXG) getting a lot of secular press, described as a gamble, lottery, and bizarre play. They buy and sell African Future Contingent Licenses in Oil and Mining from secessionist governments.
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