Britannia’s Gold Ltd

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Britannia’s Gold Ltd

During World Wars 1&2 the British Government shipped gold bullion to pay for munitions and goods. The estimated present day value of these shipments is circa 300 Billion pounds. During both wars, some 7500 merchant ships were sunk and our research has identified more than 700 to have been specific gold & silver carriers. Britannia’s Gold Ltd. has been established to finance the recovery of targeted cargoes and return them to the UK for the benefit of the Government, Investors and Merchant Marine Charities.

  • BGL then seeks to raise Equity Ordinary share capital of £8 million with a minimum of £4 million
  • £5m by way of Enterprise Investment Scheme open to the public – minimum subscription £1000.
  • This Public Offer has no minimum. When cumulative funds raised (including all those pledged in this offer) reach the overall minimum of £4m, shares will be issued and operations will commence. This Public Offer will remain open until a further £4m is raised (giving the maximum required of £8m) or September 30th whichever is the earlier.
  • Following successful recovery, BGL intends to pay out in full net profits save for retention of 2x each years Cluster Salvage costs.
  • In each year, following payment to HMG, no further distribution to any participating party until Investors have recouped their total investment.
  • In Year 3, assuming full investment recoupment and appropriate reward, all initial investors will be carried forward on terms to be agreed.

Now we invite the public to become shareholders in Britannia's Gold Ltd and benefit from any forthcoming profit given successful recovery of gold and/or any other valuable cargo recovered.

Details

Share price: 1 000.00 GBP

Funding target: 4 000 000.00 GBP

Upper funding target: 8 000 000.00 GBP

14 days to go

Progress:

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