50MW digital currency mining operation
Aurum Capital Ventures is seeking a $18M investment to construct a 50MW digital currency mining operation at a source of very low-cost stranded wind power in Gruver, Texas. Load studies, preliminary engineering, and design work have already been completed and the project is ready to begin construction immediately.
EXPERTISE THROUGH EXPERIENCE
Aurum Capital Ventures
Aurum has been seeking debt financing for miners since 2016. Over the past 6-months a few private lenders in the crypto industry have begun offering reasonable terms to long-standing miners with power rates at or below $25/MWh to fit their risk tolerance. Aurum has secured multiple financing offers, not available to most miners, due to Texas power rate and the company's deep history and credibility within the space.
Aurum is currently advancing the development of the Amarillo Project and seeking additional partners
MINIMUM INVESTMENT - $500,000
Purchase 276,923 shares of Aurum common stock at $65/share to cover infrastructure build out. Estimated stock valuation following the Texas development is $185.67/share X 276,923 shares = $51,416,293 plus upside on future strategic plans of Aurum.
Provide $18 million in capital financing and receive 50% share of net cash flow from the project. Cash flow estimated at $10 million in year one; $57 million in year two; and $123 million in year three for an estimated annual IRR of approximately 148% pre-tax.
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This is not a solicitation to buy or an offer to sell interest in Aurum Capital Ventures (parent company of MiningStore LLC) or any of its funds. Such offers will be made only by distribution of a private placement offering memorandum and related documents (Offering Documents) and only in compliance with applicable law. The materials provided, including, without limitation, news articles, informational materials and all other Aurum-specific information, have been prepared for informational purposes only and do not constitute financial, legal, tax or any other advice. All information contained herein is provided "as is" and Aurum Capital Ventures expressly disclaims making any express or implied warranties with respect to the fitness of the information contained herein for any particular usage, its merchantability or its application or purpose. Before making any investment, an investor should thoroughly review the Offering Documents with the investor's financial, legal and tax advisor to determine whether an investment in a fund or program facilitated by or through Aurum Capital Ventures is suitable for the investor in light of the investor's investment objectives, financial circumstances and tax situation.