LITTLETON, Colo., Jan. 25, 2022 /PRNewswire-PRWeb/ -- Phoenix
Capital Group, which offers services to help mineral rights owners
understand their opportunities in both retaining and cashing out
their ownership positions, is excited to announce its Reg A+
offering. The offering is secured by a robust hedging program,
significant current cash flows, and a diversified asset base.
Created in 2015 as part of the JOBS Act, Reg A+ is a framework
that seeks to provide a cost-effective way of raising capital. It's
an alternative to the onerous requirements of resources, reporting
obligations, and expenses required when selling any public security
under the Exchange Act.
In many ways, Reg A+ works similarly to a typical IPO, but it
allows companies more flexibility to gauge public interest in the
offered securities, as well as the type of investors who are
allowed to make a purchase.
Companies can raise as much as $75
million over 12 months under the rules of Reg A+.
Phoenix Capital Group's offering provides yields that are six
times higher than the 10-year U.S. Treasury Bond at the time of
this release. As a result, investors can earn predictable, passive
income with generous, stable yields of 9% annually paid on a
monthly basis.
Investors can participate in Phoenix Capital Group's Reg A+
offering for a minimum investment of $1,000. No accreditation is required to
invest.
Phoenix Capital Group plans to raise $75
million through this Reg A+ offering and deploy the funds
exclusively for new asset acquisition.
Curtis Allen, the company's chief
financial officer, said the company is extremely excited to offer a
high-quality investment product to main street investors that does
not require massive commissions to wall street bankers. Almost all
retail investment products have opaque fees to numerous
intermediaries that reduce the capital raised to the company,
increase risk to the investor and reduce investment returns.
Phoenix Capital Group's offering is direct to investors with no
hidden fees which allows the company to offer best in market yields
to its investors.
Phoenix Capital Group has 32 employees spread out over three
offices in Hermosa Beach,
California; Littleton,
Colorado; and Casper,
Wyoming. Its leaders have over 60 years of combined
experience in the energy sector, focusing on asset management and
capital deployment.
The company's portfolio consists of more than 200 royalty and
working interest assets with a combined valuation of $115 million.
It uses proprietary technology to identify mineral rights and
non-operated working interests in the Powder River, Delaware, Permian, Denver Julesburg "DJ," and
Williston Basins.
Media Contact
Lindsey Wilson, Phoenix Capital
Group, 303-749-0074, PublicRelations@phxcapitalgroup.com
SOURCE Phoenix Capital Group