Australian Advisory Firm to Launch $250 Mln Digital Securities Offering for Mining Sector
Major Australian capital advisory firm PCF Capital Group has chosen permissioned blockchain ecosystem KoreConX for a $250 million digital securities offering.
PCF Capital is a corporate advisory firm with a focus on serving clients within the mining and resource sector and has executed 120 mine divestment and project financing mandates for over $2 billion.
KoreConX is reportedly a permissioned blockchain ecosystem for fully-compliant digital securities. It comprises a network of broker-dealers, secondary markets platforms and multiple jurisdictional securities lawyers, as well as offering investors relations, marketing, and media services.
The partnership between the two will thus allow the $250 million offerings purportedly an unprecedented capital raise using digital securities for the global mining sector to be marketed across various jurisdictions with full regulatory compliance.