Funding Schedules & Procedure

Steps of Procedure

Client issues mandate to Stone-Bird Investments (SBI) – Download
Client signs NDNCA with SBI – Download
Client provides declaration of willingness to issue instruments – Download
Client provides CIS (Client Information Sheet) – Download
Client provide synopsis of Project(s)
Client provides draft of SG in full value for wording to be agreed by the Parties
SBI prepares submission to Investment Management Group (IMG)
On acceptance by IMG client conducts its due diligence on IMG
On satisfactory discovery by the Parties the contract as drawn by IMG is established
Client issues SG confirmed by MT760 through a top western bank designated by or acceptable to IMG
Client & SBI create a Special Purpose Vehicle (SPV) in which each hold an interest, through which the funds are managed
Release of funds commences approximately 6 (Six) weeks after process is concluded

Bank Guarantee (BG)
Standby Letter of Credit (SLC)
Safe Keeping Receipt (SKR)
Cash on Deposit (COD)
Promissory Notes (PN)
Bonds

Steps of Procedure

Client issues mandate to Stone-Bird Investments (SBI) – Download
Client signs NDNCA with SBI – Download
Client provides declaration of willingness to issue instruments – Download
Client provides CIS (Client Information Sheet) – Download
Client completes schedules of Client Information Sheets (CIS)
Client provides synopsis of Project(s)
Client provides proof of funds from 20.0% of project(s) value but not less than USD 15.0million
SBI prepares submission to Investment Management Group (IMG)
On acceptance by IMG client conducts its due diligence on IMG
On satisfactory discovery by the Parties the contract as drawn by IMG is established
Client issues relevant instrument confirmed by MT760 through a top western bank designated by or acceptable to IMG
Client & SBI create a Special Purpose Vehicle (SPV) in which each hold an interest, through which funds are managed
Release of funds commences approximately 6 (Six) weeks after process is concluded

Steps of Procedure

Client issues mandate to Stone-Bird Investments (SBI) – Download
Client signs NDNCA with SBI – Download
Client provides CIS (Client Information Sheet) – Download
Client provides proof of funds in value from USD 10.0million up to USD 100.0million
Client completes schedules of Client Information Sheets (CIS)
Client provides synopsis of Project(s)
SBI prepares submission to Investment Management Group (IMG)
IMG contacts Client to permit Client to undertake its due diligence
On satisfactory discovery by the Parties the contract as drawn by IMG is established
Client places funds in its name under its control into a top western bank designated by or acceptable to the IMG
Client & SBI create a Special Purpose Vehicle (SPV) in which each hold an interest, through which all investment proceeds are dispersed
Release of funds commences approximately 6 (Six) weeks after process is concluded

Steps of Procedure

Client issues mandate to Stone-Bird Investments (SBI) – Download
Client signs NDNCA with SBI – Download
Client provides CIS (Client Information Sheet) – Download
Client completes schedules of Client Information Sheets (CIS)
Client provides identification of asset with geological report where relevant
Client provides proof of ownership of the asset(s)
Client provides international assayers valuation of asset(s); minimum value USD 200.0million in-ground or USD 100.0million above-ground
Client provides synopsis of project(s)
SBI prepares submission to Investment Management Group (IMG)
On acceptance of proposal by IMG, Client conducts its due diligence on IMG
On satisfactory discovery by the Parties the contract as drawn by IMG is established
Client and SBI create a Special Purpose Vehicle in which each hold an interest, through which funds are managed
Release of funds commences approximately 6 (Six) weeks after process is concluded

Project Funding