Bullion Essence was formed and incorporated in Johannesburg South Africa by the Directors as a Holding company which will participate in the growth of the gold and silver mining sectors, principally in developing market geographies. The company’s business and investments strategies will be managed by the Board under the leadership of Smart Chireru as the CEO. The Board includes experienced mining industry professionals with extensive expertise and knowledge of investments in the mining industry.

The Board intends to position Bullion Essence to:

-Pursue viable investment opportunities in the gold and silver mining sector, principally in developing market geographies
-Build a portfolio of profitable mining Royalties and Streams
-Create shareholder value through both capital appreciation and the payment of annual dividends

The Directors possess the necessary credibility, reputation and expertise to raise the requisite funds and execute the appropriate acquisition strategy. They are also endowed with the following key attributes:

-Access to proprietary deal flow (through networks and reputations)
-Industry knowledge
- A strong track record of value creation

While Bullion Essence is currently considering a number of acquisitions, no formal binding agreements have been entered into.

To strengthen its war chest, the company plans to list on the Johannesburg Stock Exchange Altx, under the Boards specially designated Special Purpose Acquisition company(SPAC) through which it plans to raise up to an initial R300 Million by way of a private placement.

The private placement would see a subscription price of R10 per ordinary share, with a minimum of 50 000 ordinary shares for individuals and 500 000 ordinary shares for institutions.