We have put together an investment group and purchased a substantial gravel find (22 million tons) just West of Calgary Alberta nearCochrane. It consists of 320 acres and has been valued at $20,000,000.00. On top of the land is a forest that holds approximately $500,000.00 worth of old growth timber.
We raised $3,600,000.00 which was used for the land, legal, accounting and commissions. The asset is held debt free. Presently there are 1 million shares available to accredited investors at $2.00 (CDN) per share. Projections indicate an average Annual ROI of 18% over 22 years. The assumption is we will (on average) sell 1 million tons each year at $2.50 per ton.
You will find the following documents included for your consideration.