Mineria
National Platform of Inaugural, Government-Sanctioned Gold, Silver and Copper Ore Processing Facilities in Ecuador
Introduction Parque Industrial Minero Eco-Tecnologicos del Ecuador, PIMETECUADOR S.A. (“PIMET” or the “Company”), headquartered in Machala, El Oro, Ecuador, is an early-stage company established to design, develop and operate the firstindependent ore processing facilities (“Industrial Parks”) utilized exclusively for the gold, silver and copper processing requirements of small, private (“artisanal”) miners of Ecuador producing less than 40 tons each per day (the “Miners”). PIMET will drastically reduce and possibly eliminate environmental contamination caused historically by the Miners in the rivers that flow through severalEcuadorian mining districts into the Country of Peru. In the wake of a $35 billion lawsuit by Peru against Ecuador for river contamination, the Government of the Republic of Ecuador (the “Government”) recently enacted legislation requiring artisanal miners to stop contamination of the waterways by moving gold ore processing off of the river basins to a more controlled environment. The Government issystematically closing down Miners’ operations that fail to comply. PIMET is sanctioned by and approved at all levels of authority within Ecuador, including the President, the Ministry and the Mayors of the local regions and towns. To date, PIMET is the only Government-approved Industrial Park developer and operator in Ecuador. PIMET seeks equity and debt financing to implement an ambitiousconstruction and operational timeline for the Industrial Parks. Market PIMET’s strategy is to provide an efficient, cost-effective means for 12,000 Ecuadorian artisanal miners (the “Miners”) to process mined rock into gold, silver and copper ore. These Miners process 40,000 tons of rock each day yielding 90,000 grams of gold equivalent daily. PIMET’s Industrial Parks provide a “green” solution forEcuador to clean-up its rivers while protecting the Miners’ way of life. PIMET does not involve mineral exploration nor is it dependent upon any untested equipment or processes. Market Strategy and Customers PIMET will offer four services to the Ecuadorian artisanal mining market, resulting in multiple distinct revenue and cash flow streams to the Company: 1. PIMET will build, own and maintain four(at least initially) strategically located Industrial Parks in Ecuador. Each Industrial Park will operate 150 Chilean Mills for high volume processing of rock from local Miners. PIMET will own all residual tailings (“ore sands”) from the Chilean Mills after the Miners’ rock is processed and the Miners take their pre-agreed compensation based on metal recovery. By official edict of the Government,all previously processed and illegally dumped ore sands dredged from local river basins will be delivered to PIMET for further processing. PIMET will retain the revenues generated by these dredged ore sands. PIMET has been given exclusive authority to store or dispose of all re-processed and fully extracted ore sands from all sources in Ecuador (the “dead tailings) for a tolling fee.
Allcommunications, inquiries, and requests for information should be addressed to the persons listed below: International Investment Partners LLC The IBM Building 590 Madison Avenue, Suite 1868 New York, New York 10022 Sergii Nosenko Senior Managing Director +380 (44) 287 8730 (office) +380 (50) 310 63 50 (mobile) snosenko@iip.us (email) Randal V. Stephenson Senior Managing Director (212) 521 4364 (office)(917) 328 1230 (mobile) rstephenson@iip.us (email) Randal.Stephenson1 (Skype)
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INVESTMENT OPPORTUNITY | PIMETECUADOR S.A.
National Platform of Inaugural, Government-Sanctioned Gold, Silver and Copper Ore Processing Facilities in Ecuador
Proposed Locations and Operations In the initial phase, PIMET will design, develop, construct and maintain four Industrial Parks: (1)...
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