Lake Victoria Signs Engagement Agreement to Advance Project Financing
February 11 2015 - 9:19PM
Business Wire
(LVCA:OTCBB) Lake Victoria Mining Company, Inc. has entered into
a Financial Advisory Engagement Agreement (Agreement) with Mr.
Hemendra A. Ghaghada (Advisor) of Dubai, United Arab Emirates.
The Agreement mandates the Advisor to provide advisory services
with respect to the Company’s corporate financial and/or strategic
initiatives in securing a financing commitment in the gross amount
of up to USD$5.5 million. The financing is on a project by project
basis and currently is specifically related to the Company’s
Kinyambwiga Gold Project. It is agreed by the Parties that the
advisory services will be undertaken on a best efforts and
non-exclusive basis.
The initial term of the Agreement is for three months and
compensation for the Advisor’s services will depend on the amount
of funds that are provided by the Advisor.
About the Company
Lake Victoria Mining Company, Inc. is working to create another
gold mine in the world famous Lake Victoria Greenstone Belt,
Tanzania, East Africa. Tanzania is Africa’s fourth largest gold
producer behind South Africa, Ghana and Mali.
Lake Victoria Mining Company, Inc.David T. Kalenuik, President
& CEOPhone: (303) 586-1390Email: info@lvcamining.com
Lake Victoria Mining Company, Inc.David T. Kalenuik,
303-586-1390President & CEOinfo@lvcamining.com
Victoria Lake (CE) (USOTC:LVCA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Victoria Lake (CE) (USOTC:LVCA)
Historical Stock Chart
From Nov 2023 to Nov 2024
