PLEASURE POINT MINE

CAPITAL RAISED TO DATE: $16,980,000

* As at June 2022

This is a unique opportunity to become the owner of a pro-rata share in indirect equity in a SAND QUARRY based in Helidon, South-East Queensland for the most mined resource in the world, sand. The 113.6 ha quarry is in a pristine condition with mine lease approvals in place to fast track commercial quarrying operations.

PPM intends to raise  a total of $30m to establish mining operations and manage PPM. Returns to investors are a dual-class offering.

The recent drilling reported a measured resource of 40,921,600 tonnes and a high-grade silica sand has been achieved through initial laboratory crushing and washing. Further metallurgical testing is being commissioned in a process engineering and beneficiation program.


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WHY WE LIKE THIS INVESTMENT

PPM LOCATION

PPM is located on Gold Mine Road, in the centre of Helidon Queensland, the site is located approximately 110 kilometres west of Brisbane with easy access to all main highways that provide a gateway to Brisbane, the Brisbane port and to other major cities.

How secure is this investment?
We use a dual security process: a first registered mortgage over the land and a first registered charge over the company (the charge over the company means that all profits must go to paying down the loan).

OUR REGULATORY OBLIGATIONS

Responsible Entity Services Limited ABN 70 116 489 420, AFS Licence no. 299024 (RES) is authorised to: (a) provide Financial Product Advice; and (b) Dealing in Financial Products and (c) operate registered managed investment schemes in accordance with the conditions of its AFSL.

INVESTMENT SUMMARY
PPM is raising $30,000,000 to purchase establish mining operations and manage PPM. Returns to investors are a dual-class offering. Your funds are loaned to the PPM company at a net fixed rate of 12% p.a. (1) for 2 years (3) paid yearly in advance. The mine has reasonable prospects for the eventual economic extraction (RPEEE) of 40 million tonnes of known material. This does not include the newly discovered high yield silica sand, of which the RPEEE are not yet known.
*** The returns are not guaranteed. Investment in the Fund carries risk, including the risk of you losing all or part of the money you invested. Please read the Fund PDS and the Target Market Determination for full disclosure of risks before you invest. 
*(1) Our 12% advertised interest rate is net of fees and expenses so you are not surprised with any costs that cut into our stated interest rate. You may take home 12% per annum, which we pay to you yearly in advance.
(2) You receive a portion of the 15% indirect equity that is specifically set aside for investors by the borrower.
(3) We anticipate a 24-month loan term for your investment. Depending on the funding requirements of the PPM project, this may be extended by up to 12 months with an indicative return of 15% interest per annum for the extended loan period.
GENERAL WARNING
The funds manager for this offer is  Responsible Entity Services Limited ACN 116 489 420 (RES), which holds an Australian Financial Services Licence (AFSL) #299024, and is the issuer of interests in the schemes to which it operates.  RES has registered the RES Investment Fund ARSN 127 384 767 and the RES Fund ARSN 120 933 093 with ASIC.
General warning: In accordance with the provisions of  RES's license authorisation, RES wishes to advise the following in relation to any advice it has given or is likely to give you either orally or in writing or by any other means:
(1). The information on www.raic.com.au is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of the relevant product, having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement for full disclosure of risks and the Fund TMD before you invest.
(2), This website contains or may contain “forward looking statements”. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks, and are by its nature, uncertain which could cause actual results or events to differ materially from those presently anticipated.
(3). Any past performance information is provided for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. None of Responsible Entity Services Limited, its related bodies or associates nor any other person guarantees the repayment of capital or the performance of the Funds or any particular returns from the Funds.