Bodmer Capital Group AG
Bodmer Capital Group AG: BODMER CAPITAL ENTERED INTO AN LOI WITH A PRIVATE FINANCIAL GROUP FOR 700 MILLION
EQS Group-News: Bodmer Capital Group AG / Key word(s): Agreement FOR IMMEDIATE RELEASE BODMER CAPITAL ENTERED INTO AN LOI WITH A PRIVATE FINANCIAL GROUP FOR 700 MILLION BCG takes actions to expand future growth SWITZERLAND – December 30, 2015 -Bodmer Capital Group AG today announced that they have entered into an LOI agreement through its subsidiary Gerlux Mining LLC under which they would secure 700 million USD to expand the Titan Phosphate Project in Ulaanbaatar (Mongolia). “According to the 2010 SRK/MICON reports, phosphate mining proceeds at this site will be worth approximately $10 billion.” said Reto Bodmer, Chairman for Bodmer Capital Group AG. Mongolia is the 6th most resource rich country in the world, bordering China and Russia, two growing and resource-starved industrial nations. Mongolia’s under developed mining industry has remarkable growth potential. About Bodmer Capital Group The Bodmer Capital Group AG was formed in 2012 to serve as an international investment platform to exploit, with its Mongolian subsidiary, undervalued exploration licenses in Mongolia. Bodmer Capital Group AG’s key personnel and the staff of its Mongolian subsidiary have backgrounds in politics, finance, and the mining industry and have been deeply entrenched in Mongolia’s society for more than 15 years. With this unique position, Bodmer Capital Group AG is poised to quickly take advantage of the wealth of mineral resources that the government sees as a key factor in continued and sustainable economic growth. Contact: For further inquiries please e-mail Tony Farrell at office@bodmercapital.com T +41 81 851 08 98
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