Cic Capital Share Discussion Threads

[bam bam rubble] 03/7/2015 17:23

Some spiel from the video a few months ago;

"Stuart is a director of CIC Gold purely from a market point of view as a lot
of the people - a lot of the targets we're after, know Stuart and have worked
with him over the years on several of the projects. He's sitting there really
as part of the face of CIC Gold but when it come to decision-making he's only
one of a board of six"

The admission doc shows only five directors. Is Mr Bromley a shadow director?
Was that done so in upcoming deals they can issue stock to a target company's
selling shareholders, being Bromley & chums, without it being a related party?

[the diddymen] 03/7/2015 10:58

Looks like volumes falling on CICG and the graph is tilting in that ominous CICC way.

[gtfc1] 02/7/2015 20:30

I am still not sure what will take place. So many comments that are so polar we shall see.

[slowfast] 02/7/2015 11:35

Well for a start it's not the need to post that is based on bitter and twisted hatred.LOL.

[the diddymen] 02/7/2015 08:03

What is your logic for that statement slowfast?

[share_shark] 01/7/2015 14:09

Out of interest ,according to my brokers, there was both way trading on first day of trading , on CICGOLD.

[share_shark] 01/7/2015 14:07

For those shareholders, who may have not seen this recent news release........also you cannot miss the fact that another company has been added to the listing this year..........ie Benxi Steel and yet more shares via a specie dividend for us shareholders.


Print Mail a friend More announcements


Monday 29 June, 2015


CIC Capital Fund Ltd

MATERIAL CHANGE & UPDATE


RNS Number : 4367R

CIC Capital Fund Limited

27 June 2015




CIC CAPITAL FUND LTD.



("CIC Fund" or the "Company")



Corporate Update and Material Change



CIC Fund, the investment fund firm operating primarily in the mining and energy infrastructure sectors, in accordance with National Canadian Policy 51-210 is pleased to advise of the following material matters.



Re-Organization

The Company sole Director is Stuart J. Bromley. The Company in the near future will advise of three new independent non-executive directors to the board whom have specific fund management and investment banking expertise and one executive director.

Following the name change from CIC Capital Ltd to CIC Capital Fund Ltd a new ISIN and CUSIP number have been issued for the common shares.

CUSIP No: 12345F103 ISIN NO: CA12545F1036

The Company has applied for new ISIN and CUSIP numbers for the Special Series B Shares Non-Voting ("B Shares").



The Company is a Canadian public issuer not listed on any exchange. The Company will be seeking a separate listing of each of the two classes of its shares.



Existing Client Company Funding

CIC Gold Group Limited (CIC Gold)

CIC Fund is pleased to advise the successful Admission of CIC Gold to the Official List and to trading on the Main Market of the London Stock Exchange on 23 June 2015. The Company provided £1,725,000 in convertible loans to CIC Gold to cover listing costs and eighteen months working capital at six (6) UK pence per share.



Additional capital will be allocated should CIC Gold seek additional funds for gold mineral property asset acquisition. This funding will be subject to regulatory approval, retention of existing corporate advisors and appointment of leading industry technical advisors to ensure minimal risk.



CIC Capital Limited (CIC Capital)

The Company has provided £1,450,000 in convertible loans to CIC Capital to cover listing costs and eighteen months working capital. CIC Capital is well advanced in its application for Admission to the Official List and to trading on the Main Market of the London Stock Exchange. There is no guarantee approval of the prospectus or eligibility.





Company 2015 Shareholder Dividends

The Company's convertible loan to CIC Gold was converted on 13 January 2015 to 28,750 common shares. These shares were distributed to CIC Funds shareholders at cost by way of an in specie dividend. CIC Fund holds 5,280,000 CIC Gold shares and 28,750,000 warrants.



The Company expects to complete in the near future an additional four (4) convertible loans to which when converted to shares, an in specie dividend will be made to shareholders. The convertible loans will be made to fund listing costs and eighteen months working capital with the following clients:



Ÿ CIC Brancepeth Coal Limited Ÿ Sino Oil Group Limited

Ÿ Benxi Steel Limited Ÿ CIC Fuels Group Limited



CIC Fund Relisting

CIC Fund is to seek in the near future Admission to the Specialty Fund Market of the London Stock Exchange of its Special Series B Class non-voting shares ("B Shares") by way of an introduction.
There is no guarantee approval of the prospectus.



CIC Fund will also advise in the near future of a separate listing of its common shares.



Enquiries


CIC Capital Fund Ltd

Stuart J. Bromley CEO

Tel: [phone]

[e-mail]









About CIC Capital Fund Ltd

CIC Fund is a Canadian public company based in China with a global footprint. CIC Fund seeks equity interests in highly prospective low risk companies by providing convertible loans to professionally advised clients.

The primary investment objective of CIC is to achieve high capital appreciation by gaining securities of private and public companies in the mineral, energy and infrastructure sectors.

CIC has established its brand name internationally and gained a reputation for its international contacts and relationships.



www.CICCapitalFund.com


This information is provided by RNS

The company news service from the London Stock Exchange


END

[cezary] 30/6/2015 17:19

on which exchange is it listed?

[the diddymen] 30/6/2015 16:24

Let them take over the asylum and see what happens:

AM unvrkw 'so what value do you need to have to be in the ftse 350, is there a minimum?'

The Group, subject to confirmation of SB statements in a full set of Financial Statements, has never made a profit - losses only, so let us stop dreaming about FTSE 350! AM unkrvw, if I were you I would be grateful if the company demonstrates solvency.

[the diddymen] 30/6/2015 16:16

BAM, and then of course there is the deliberate omission of the missing accounts for the year ended 31/01/14!

[sparty1] 30/6/2015 13:57

yes all good ..you can sell with the right timing for circa 3.40/50.. currently 3.15..but I`m buying. GL

[philfromfrance] 29/6/2015 17:05

BAM - At least we can be sure it was issued by Stewie then!!!! lol

[bam bam rubble] 29/6/2015 15:22

Only five mistakes in todays announcement, not bad for a CIC release

wrong date at the top
"There is no guarantee approval of the prospectus."
"according to Canadian Policy 51-210" (should be 51-201)
"the LSE Specialty Fund Market" (Specialist Fund Market)
"The loan notes converted to 28,750 shares" (28,750,000)

[the diddymen] 27/6/2015 18:13

slowfast, you will see that I am on record for frequently stating that a listing is a bureaucratic start line. Frankly there is no justification for the current price given SB's track record. I will tell you whether I have changed my view in 3 or 4 years time.

Will SB have to resign all his posts to get all the various companies listed?

[philfromfrance] 27/6/2015 13:17

snailspace - Nothing has changed concerning te Group either. CICG lists at 6p & apart from the lucky few, who could trade first thing, the rest are sitting on only 50% of the listing price after only a week!!!
Of course, it would only be about 0.6 of a penny (or less), if based on cash but i expect the 'cult members' have been spending their pocket money again?

[slowfast] 27/6/2015 09:55

Back from my break to find nothing has changed,so far as the content is concerned,although we now have a listing that some said would never happen.It really must take some nerve to be such hard nosed ignoramus' and continually post your repetitive gough.LOL.

[goulding1215] 24/6/2015 15:10

Oh my God, TD, that is so funny! LOL! LOL!LOL!LOL! LOL! LOL!LOL!LOL LOL! LOL!LOL!LOL

[the diddymen] 24/6/2015 14:24

Paps, AM Aymesco is on about Precedent Obama again on LSE!!!

[goulding1215] 24/6/2015 11:22

Since when was +4% a big faller? Pointless making comments re the sp, on first listing, it will be volatile as MM's get to grips with it. Wait for the forthcoming news regarding assets, before judging the performance.

[papillon] 24/6/2015 10:27

CICG is a big faller so far today, phil. Big holder dumping cheaply bought shares?