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Small Business Finance - Essay Example
Finance & Accounting
Pages 4 (1004 words)
Small Business Finance Name Instructor Task Date Description Australian Security Exchange (ASX) is a trade machinist, which clears houses as well as payments scheme facilitator. It manages conformity, with its working regulations and supports tenets of business authority (Australian Security Exchange, 2011)…
Another is the Firestone Energy Limited, which classifies, assesses, develops mineral survey and mining schemes mainly situated in Australia and Africa, and discovers coal (Firestone energy, 2011). Legal Ownership Structure As at the time of the prospectus; Exterra Resources Limited owned rights to obtain full interest in the Linden Gold operation to be found at the southern part of the Laverton Tectonic Zone, on the eastern border of the Norseman-Wiluna belt; and the Egerton scheme sited in the Gascoyne region on the northern boundary of Yilgarn Craton. The firm also has rights to get hold of 90% interest Leonora Gold venture found in the Archaean Norseman-Wiluna belt, at the east of Leonora in the Murrin Greenstone Belt (Exterra Resources Limited, 2011). In 2009, this company was also incorporated and was found in West Perth, Australia. Likewise, Firestone Energy Limited was given the Mining Right authorization to quarry coal for three decades on the seven properties enclosed in the venture by the Mineral Resources sector in South Africa. The authorization was in condition that a sum of A$1million to be paid in 10 days, which was to be a set down for the Mine Rehabilitation requirement (Firestone energy, 2011). ...
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