{"id":2268,"date":"2022-10-07T17:58:13","date_gmt":"2022-10-07T17:58:13","guid":{"rendered":"https:\/\/vasilj.eu\/?page_id=2268"},"modified":"2023-12-01T13:39:36","modified_gmt":"2023-12-01T13:39:36","slug":"gold-secured-promissory-note","status":"publish","type":"page","link":"https:\/\/vasilj.eu\/?page_id=2268","title":{"rendered":"Gold Secured Promissory Note"},"content":{"rendered":"<h1>Gold Secured Promissory Note (Luxembourg)<\/h1>\n<h1>Asset-backed Security (Luxembourg assets based &amp; gold)<\/h1>\n<table>\n<tbody>\n<tr>\n<td>Face Value<\/td>\n<td>\n<h4>EUR 1,000,000 or USD 1,000,000<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>Financial Instrument<\/td>\n<td>\n<h4>Secured Promissory Note (Luxembourg)<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>Tenor<\/td>\n<td>\n<h4>Very short term note &#8211; Issuing date 2024 &#8211; Maturity 2025<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>Coupon<\/td>\n<td>\n<h4>10.0% on annual basis<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>Ratchet mechanism<\/td>\n<td>\n<h4>2024-2027<\/h4>\n<h4>5.0% of profits from underlying mining concessions (after operating costs)<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>Expected Revenues from operations<\/td>\n<td>\n<h4>USD 32M to 45M over mining operations 2024-2027<\/h4>\n<p>Total profit for investor: \u20ac 1 765 671<\/p>\n<p>Return on investment: 177%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h1>\n<h1>Promissory Note Mechanism<\/h1>\n<\/h1>\n<div>\n<ul>\n<li>Investor commits capital to a dedicated escrow account with a reputable bank in Luxembourg;<\/li>\n<li>A Holding company is set up and owns all assets (concessions, specialized equipment, all rights: mining license, export license, etc. ) through operating subsidiaries (semi-industrial gold mining);<\/li>\n<li>Holding company issues a short-term financial security to investor and pledges as collateral all assets and rights until repayment of promissory note. Investor is fully protected and has highest position in the capital structure of the group of companies;<\/li>\n<li>Holding company deploys committed capital to mining operations through its subsidiaries. Extracted gold is sold on the markets and proceeds are primarily used to repay the promissory note;<\/li>\n<li>Once secured promissory note repaid, additional distribution is provided to the investor corresponding to 5.0% of profits (ratchet mechanism).<\/li>\n<\/ul>\n<\/div>\n<p><img decoding=\"async\" src=\"\/wp-content\/uploads\/SPN.png\" alt=\"\"><\/p>\n<div>\n<h1>Team<\/h1>\n<h3>E.S.<\/h3>\n<p>French national, 16 years in the French Navy, a military career with 2 caps:<\/p>\n<ul>\n<li>the first as a specialist in electronic warfare and military intelligence, the second as a marine commando and diver.<\/li>\n<li>second career in security professions in a geopolitically unstable country or zone in crisis or at war.<\/li>\n<\/ul>\n<p>2007-2008 First experience in the Ity gold mine in Ivory Coast as Security Manager.<br \/>2014-2016 Security Manager in the brand new Agbaou Industrial mine in Ivory Coast on behalf of the Canadian group Endeavor.<br \/>Currently runs its own Security Co. for Central Africa, West Africa and Sahel and develops the gold project in C\u00f4te d\u2019Ivoire.<\/p>\n<\/p>\n<h3>V.T.<\/h3>\n<p>Ivorian national, studied civil engineering, and worked as a Bridge and Pavement Technician. He resumed his studies and obtained a Certificate of Experience and Exploitation of Precious Metals. Director for 5 years in a copper and gold mine located on an island in the Mediterranean Sea, he left his position in 2015 to return to C\u00f4te d&#8217;Ivoire with the aim of mining gold in his native region. He created the Blue Line company in 2016 and obtained a semi-industrial operating license. Majority shareholder of the company with the semi-industrial exploitation authorization for gold located in the east of the Ivory Coast and issued by the Ministry of Industry and Mines.<\/p>\n<\/p>\n<h3>Nicolas VASILJ<\/h3>\n<p>French national, holds an <a href=\"https:\/\/en.wikipedia.org\/wiki\/%C3%89cole_sup%C3%A9rieure_des_sciences_commerciales_d%27Angers\" target=\"_blank\" rel=\"noopener\">ESSCA Master II degree in East-West International Relations<\/a>, and an <a href=\"https:\/\/en.wikipedia.org\/wiki\/Lincoln_University_(California)\" target=\"_blank\" rel=\"noopener\">MBA from Lincoln University<\/a>. Nicolas has more than 20 years\u2019 experience in assembling complex financial solutions on Emerging markets \u2013 including via direct investment and structured finance.<\/p>\n<p>Formerly with <a href=\"https:\/\/en.wikipedia.org\/wiki\/Julius_Baer_Group\" target=\"_blank\" rel=\"noopener\">Bank Julius Baer in Geneva<\/a>, he created a multifamily office for one of his clients and chaired several companies in Switzerland and abroad.<\/p>\n<p>As an international consultant, he published <a href=\"https:\/\/nbj-ru.translate.goog\/publs\/kak-sdelat-problemnyi-aktiv-doxodnym\/32137\/?_x_tr_sl=ru&amp;_x_tr_tl=en&amp;_x_tr_hl=fr&amp;_x_tr_pto=nui\" target=\"_blank\" rel=\"noopener\">an article on the management of non-profiled assets<\/a> in the National Banking Journal, a publication of the <a href=\"https:\/\/nbj-ru.translate.goog\/?_x_tr_sl=ru&amp;_x_tr_tl=en&amp;_x_tr_hl=fr&amp;_x_tr_pto=nui\" target=\"_blank\" rel=\"noopener\">Association of Russian Banks<\/a>. (ARB)<\/p>\n<\/div>\n<div>\n<style>\n.uk-navbar-nav {display:none;}\n<\/style>\n<\/div>\n<p><!--more--><br \/>\n<!-- {\"type\":\"layout\",\"children\":[{\"type\":\"section\",\"props\":{\"style\":\"default\",\"width\":\"default\",\"vertical_align\":\"middle\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"title_breakpoint\":\"xl\",\"image_position\":\"center-center\",\"image\":\"wp-content\\\/uploads\\\/gold.jpg\",\"image_size\":\"cover\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"position_sticky_breakpoint\":\"m\",\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"headline\",\"props\":{\"title_element\":\"h1\",\"content\":\"Gold Secured Promissory Note (Luxembourg)\",\"title_style\":\"heading-small\",\"title_color\":\"muted\",\"text_align\":\"center\"}},{\"type\":\"headline\",\"props\":{\"title_element\":\"h1\",\"content\":\"Asset-backed Security (Luxembourg assets based &amp; gold)\",\"title_style\":\"h1\",\"title_color\":\"muted\",\"text_align\":\"center\"}}]}]}]},{\"type\":\"section\",\"props\":{\"style\":\"default\",\"width\":\"small\",\"vertical_align\":\"middle\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"title_breakpoint\":\"xl\",\"image_position\":\"center-center\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"position_sticky_breakpoint\":\"m\",\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"table\",\"props\":{\"show_title\":true,\"show_meta\":false,\"show_content\":true,\"show_image\":false,\"show_link\":false,\"table_order\":\"1\",\"table_responsive\":\"overflow\",\"table_width_title\":\"shrink\",\"table_width_meta\":\"shrink\",\"meta_style\":\"text-meta\",\"image_svg_color\":\"emphasis\",\"link_text\":\"Read more\",\"link_style\":\"default\",\"table_hover\":true,\"table_size\":\"\",\"title_style\":\"text-meta\",\"content_style\":\"text-meta\",\"table_style\":\"divider\"},\"children\":[{\"type\":\"table_item\",\"props\":{\"title\":\"Face Value\",\"meta\":\"\",\"content\":\"\n\n<h4>EUR 1,000,000 or USD 1,000,000<\\\/h4>\"}},{\"type\":\"table_item\",\"props\":{\"title\":\"Financial Instrument\",\"meta\":\"\",\"content\":\"\n\n<h4>Secured Promissory Note (Luxembourg)<\\\/h4>\"}},{\"type\":\"table_item\",\"props\":{\"title\":\"Tenor\",\"meta\":\"\",\"content\":\"\n\n<h4>Very short term note - Issuing date 2024 - Maturity 2025<\\\/h4>\"}},{\"type\":\"table_item\",\"props\":{\"title\":\"Coupon\",\"meta\":\"\",\"content\":\"\n\n<h4>10.0% on annual basis<\\\/h4>\"}},{\"type\":\"table_item\",\"props\":{\"title\":\"Ratchet mechanism\",\"content\":\"\n\n<h4>2024-2027<\\\/h4>\\n\n\n<h4>5.0% of profits from underlying mining concessions (after operating costs)<\\\/h4>\"}},{\"type\":\"table_item\",\"props\":{\"title\":\"Expected Revenues from operations\",\"content\":\"\n\n<h4>USD 32M to 45M over mining operations 2024-2027<\\\/h4>\\n\n\n<p>Total profit for investor: \\u20ac 1 765 671<\\\/p>\\n\n\n<p>Return on investment: 177%<\\\/p>\"}}]}]}]},{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"position_sticky_breakpoint\":\"m\",\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"headline\",\"props\":{\"title_element\":\"h1\",\"content\":\"\n\n<h1>Promissory Note Mechanism<\\\/h1>\"}}]}]},{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"position_sticky_breakpoint\":\"m\",\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"text\",\"props\":{\"margin\":\"default\",\"column_breakpoint\":\"m\",\"content\":\"\n\n<ul>\\n\n\n<li>Investor commits capital to a dedicated escrow account with a reputable bank in Luxembourg;<\\\/li>\\n\n\n<li>A Holding company is set up and owns all assets (concessions, specialized equipment, all rights: mining license, export license, etc. ) through operating subsidiaries (semi-industrial gold mining);<\\\/li>\\n\n\n<li>Holding company issues a short-term financial security to investor and pledges as collateral all assets and rights until repayment of promissory note. Investor is fully protected and has highest position in the capital structure of the group of companies;<\\\/li>\\n\n\n<li>Holding company deploys committed capital to mining operations through its subsidiaries. Extracted gold is sold on the markets and proceeds are primarily used to repay the promissory note;<\\\/li>\\n\n\n<li>Once secured promissory note repaid, additional distribution is provided to the investor corresponding to 5.0% of profits (ratchet mechanism).<\\\/li>\\n<\\\/ul>\"}}]}]},{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"position_sticky_breakpoint\":\"m\",\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"image\",\"props\":{\"margin\":\"default\",\"image_svg_color\":\"emphasis\",\"image\":\"wp-content\\\/uploads\\\/SPN.png\"}}]}]},{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"position_sticky_breakpoint\":\"m\",\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"text\",\"props\":{\"margin\":\"default\",\"column_breakpoint\":\"m\",\"content\":\"\n\n<h1>Team<\\\/h1>\\n\n\n<h3>E.S.<\\\/h3>\\n\n\n<p>French national, 16 years in the French Navy, a military career with 2 caps:<\\\/p>\\n\n\n<ul>\\n\n\n<li>the first as a specialist in electronic warfare and military intelligence, the second as a marine commando and diver.<\\\/li>\\n\n\n<li>second career in security professions in a geopolitically unstable country or zone in crisis or at war.<\\\/li>\\n<\\\/ul>\\n\n\n<p>2007-2008 First experience in the Ity gold mine in Ivory Coast as Security Manager.<br \\\/>2014-2016 Security Manager in the brand new Agbaou Industrial mine in Ivory Coast on behalf of the Canadian group Endeavor.<br \\\/>Currently runs its own Security Co. for Central Africa, West Africa and Sahel and develops the gold project in C\\u00f4te d\\u2019Ivoire.<\\\/p>\\n\n\n<p><\\\/p>\\n\n\n<h3>V.T.<\\\/h3>\\n\n\n<p>Ivorian national, studied civil engineering, and worked as a Bridge and Pavement Technician. He resumed his studies and obtained a Certificate of Experience and Exploitation of Precious Metals. Director for 5 years in a copper and gold mine located on an island in the Mediterranean Sea, he left his position in 2015 to return to C\\u00f4te d'Ivoire with the aim of mining gold in his native region. He created the Blue Line company in 2016 and obtained a semi-industrial operating license. Majority shareholder of the company with the semi-industrial exploitation authorization for gold located in the east of the Ivory Coast and issued by the Ministry of Industry and Mines.<\\\/p>\\n\n\n<p><\\\/p>\\n\n\n<h3>Nicolas VASILJ<\\\/h3>\\n\n\n<p>French national, holds an <a href=\\\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/%C3%89cole_sup%C3%A9rieure_des_sciences_commerciales_d%27Angers\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">ESSCA Master II degree in East-West International Relations<\\\/a>, and an <a href=\\\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Lincoln_University_(California)\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">MBA from Lincoln University<\\\/a>. Nicolas has more than 20 years\\u2019 experience in assembling complex financial solutions on Emerging markets \\u2013 including via direct investment and structured finance.<\\\/p>\\n\n\n<p>Formerly with <a href=\\\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Julius_Baer_Group\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">Bank Julius Baer in Geneva<\\\/a>, he created a multifamily office for one of his clients and chaired several companies in Switzerland and abroad.<\\\/p>\\n\n\n<p>As an international consultant, he published <a href=\\\"https:\\\/\\\/nbj-ru.translate.goog\\\/publs\\\/kak-sdelat-problemnyi-aktiv-doxodnym\\\/32137\\\/?_x_tr_sl=ru&amp;_x_tr_tl=en&amp;_x_tr_hl=fr&amp;_x_tr_pto=nui\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">an article on the management of non-profiled assets<\\\/a> in the National Banking Journal, a publication of the <a href=\\\"https:\\\/\\\/nbj-ru.translate.goog\\\/?_x_tr_sl=ru&amp;_x_tr_tl=en&amp;_x_tr_hl=fr&amp;_x_tr_pto=nui\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">Association of Russian Banks<\\\/a>. (ARB)<\\\/p>\"}}]}]},{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"position_sticky_breakpoint\":\"m\",\"image_position\":\"center-center\",\"media_overlay_gradient\":\"\"},\"children\":[{\"type\":\"html\",\"props\":{\"content\":\"\n\n<style>\\n.uk-navbar-nav {display:none;}\\n<\\\/style>\"}}]}]}]}],\"version\":\"3.0.4\"} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold Secured Promissory Note (Luxembourg) Asset-backed Security (Luxembourg assets based &amp; gold) Face Value EUR 1,000,000 or USD 1,000,000 Financial Instrument Secured Promissory Note (Luxembourg) Tenor Very short term note &#8211; Issuing date 2024 &#8211; Maturity 2025 Coupon 10.0% on annual basis Ratchet mechanism 2024-2027 5.0% of profits from underlying mining concessions (after operating costs) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2268","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/vasilj.eu\/index.php?rest_route=\/wp\/v2\/pages\/2268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vasilj.eu\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/vasilj.eu\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/vasilj.eu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vasilj.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2268"}],"version-history":[{"count":33,"href":"https:\/\/vasilj.eu\/index.php?rest_route=\/wp\/v2\/pages\/2268\/revisions"}],"predecessor-version":[{"id":2439,"href":"https:\/\/vasilj.eu\/index.php?rest_route=\/wp\/v2\/pages\/2268\/revisions\/2439"}],"wp:attachment":[{"href":"https:\/\/vasilj.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}