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14 May 2019

$250 Million Digital Securities Offering for the Mining Sector with KoreConX

PCFCapital, a global leader in the mining sector, selects KoreConX

[New York, NY – 14 May 2019] – PCF Capital Group, a leading capital advisory firm in the mining sector launching a $250 million dollar Digital Securities Offering has chosen the KoreConX multi-jurisdictional protocol, KoreProtocol, for their Offering.

This is the world’s largest capital raise for the mining sector utilizing Digital Securities. The total raise is $250 Million Digital Securities Offering which will be open to accredited investors, institutional investors and family offices in the USA, Cayman Islands, Australia, Canada, UK, UAE, Singapore, and Hong Kong. The KoreProtocol will allow PCF Capital to maintain compliance across all jurisdictions and investors.

KoreConX will provide the all-in-one platform as well, it will connect PCF Capital with its KorePartner ecosystem that is global to allow PCF Capital to instantly start marketing its offering in multiple jurisdictions with regulated partners. KoreConX ecosystem consists of Broker-Dealers, secondary markets platforms, Investors Relations, marketing, media and securities lawyers in multiple jurisdictions.

The KoreConX all-in-one platform provides PCF Capital peace of mind. The platform allows PCF Capital to create, design, test their Digital Securities and manage all their new shareholders by utilizing the captable, investor relations features. For the PCF Capital shareholders, there are no wallets that will put them at risk, since KoreConX all-in-one platform provides them a portfolio management feature

“We are a global company that requires a global solution. We selected KoreConX because it will allow us to remain compliant with regulations not only in the USA and Australia but in multiple other jurisdictions around the world,” said Liam Twigger, CEO of PCF Capital. “This is a very important step in the history of PCF and we want to make sure our investors are protected and have a platform to be able to manage the entire lifecycle of the digital securities. That’s why we are using the best possible tools for the job.”

PCF Capital Group was founded in 1999 in Perth, Australia, with a focus on serving clients in the mining and resource sector. The company has now offices in seven countries in five continents and has executed over 120 mine divestment and project financing mandates for over $2 Billion. Their clients represent a broad range of mining companies including exploration focused juniors, growth-oriented mid-tiers, and globally diversified mining majors.

“We are disruptors and what better way to do that than work with one of the world’s oldest sectors adopting Digital Securities for their offering. PCF Capital’s global reputation in the mining sector made the decision easy for us to bring them on as clients to our platform,” said Oscar Jofre, Co-Founder and CEO at KoreConX. “Now is the time for the traditional investor to understand the value and trust of digital securities. Having a global offering of this magnitude heavily investing in a Digital Securities Offering is great for the industry as a whole. Many more will follow once the infrastructure is in place for it, and this is what we are doing with the KoreProtocol.”

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.

KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital. www.koreconx.com

About PCF Capital Group

PCF Capital Group is an independent, corporate advisory firm focused on serving clients in the resource sector.

PCF Capital Group was founded in 1999 in Perth, Western Australia, and their team has executed over 120 mine divestment and project financing mandates for over $2.0B. The team at PCF Capital Group has an international presence and an extensive corporate network.

The company offers a range of corporate advisory services to the mining and resource sector. These include providing strategic corporate advice, conducting asset divestment processes and assisting in raising debt facilities.

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