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.

Sign In or Register to comment.