This is another example of PALA helping a from strategic view point and example of how PALA works. They have many facets to investment options e.g they could be invloved as Cornerstone investor, strategic advisor, aid in capital raising etc
STRATEGIC ADVISOR - PALA INVESTMENTS AG
Pala is a multi-strategy investment advisory company and the exclusive advisor to Pala Investments Holdings Limited, a US$1.0 billion investment company focused on mining and natural resource companies in both developed and emerging markets. Pala Investments Holdings Limited has been a supportive Churchill shareholder since 2007 and has participated in all of Churchills capital-raising activities since that time. Pala is a long-term partner that assists companies by providing strategic advice and guidance, as well as innovative financing solutions to meet corporate capital requirements.
http://www.palainv.com/ (this information is available link)
The benefit of having Pala on board is not limited to the fact that they have invested directly in our company and supported the stock on the market. What is really appreciated, is that we are working with a fund manager whose team have actually been on our end of the business and done real deals in the real world. This combined with their macro perspective on the market brings a valuable and practical contribution to moving our company forward." - Paul G. Mazak - Managing Director - Churchill Mining PLC
Always do your research , its really important that you do..
PEN Price at posting:
7.1¢ Sentiment: LT Buy Disclosure: Held
