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Oil & Gas Convertible Loan Note:
This is an oil and gas exploration and development company registered in Ireland in 2010. The company has acquired a large resource development property in Germany and has a planned mergers and acquisitions strategy aimed at building a significant company focused on Europe’s needs. One of its objectives is to merge with a company listed on the NYSE or NASDAQ to secure development and acquisition capital. The company is valued at USD 25 million NPV (Net Present Value).
Initial funding round of USD 300,000 via a convertible loan note paying 12% per annum.
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