Michael Weiner
Olney, MD (USA)
Role(s):
Founder/Owner/Principal
Abel Mining and Milling Partners 1
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Startup
Location:
Central City
Industry:
Investing
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Partnership
Description:
I am working with the owner of a couple of proven gold mines in Colorado, seeking Limited Partners with a $100,000 Minimum investment who want a 500% return after the partnership ends in five years.
If your clients might be interested in reviewing this, I would be glad to send the whole package. Just email me at mike@preconstructioncatalysts.com.
There is a commission for introducers with clients who buy in.
PARTNERSHIP HIGHLIGHTS:
Abel Energy, LLC owns mining claims in Colorado. The mines have proven above-ground ore, containing gold, silver, platinum, rhodium and other metals. To process these assets, the Company is offering a 500% profit to Limited Partners at the end of 5 years. The funds will allow construction of new milling, smelting, and refining facilities nearby the claims.
INVESTMENT STRATEGY AND CRITERIA:
The General Partner will use its local expertise and status that will construct and operate the milling, smelting and refinery facilities. The General Partner has established long-term excellent relationships with the Environmental Protection Agency, and the Bureau of Land Management, in the cleanup of the site. Both Agencies are prepared to offer other sites that are in dire need of cleanup upon full operation.
The first site at Abel Mining & Milling’s gold mine in Central City, Colorado, holds above ground assets of approximately 3 Million tons of gold-containing ore. Several respected geologists over the years have validated the presence of gold and other noble metals within the above-ground ore. A 150-year history of production supports this.
DISTRIBUTIONS:
On the business day prior to the Termination Date of the Partnership, the General Partner will make a final distribution in cash to the Limited Partners to equal a 500% return on their account (including the return of the original Subscription payment).
RISK FACTORS:
There are various risks involved in holding the units including potential tax consequences. Unit holders should review the Limited Partnership Agreement carefully and are advised to consult their independent advisors prior to making a purchase.
HOW TO SUBSCRIBE:
Complete all relevant pages of the Subscription Agreement (available upon request) and submit to the General Partner.
ABEL
MINING & MILLING
PARTNERS 1, LP
TERM SHEET
ISSUER:
Abel Energy, LLC
OFFERING:
Limited
Partnership Units (“Unitsâ€). Increments of
1/5th Units and 1/10th Units Possible.
ISSUE SIZE:
60 (Sixty) Units
ISSUE PRICE:
$1,000,000 per Unit,
$200,000 for 1/5th Unit
$100,000 for 1/10th Unit. Fractional Units with General Partners’ consent.
MINIMUM PURCHASE:
$100,000 (1/10th Unit)
MAXIMUM PURCHASE:
$20,000,000 (20 Units)
(additional Units
possible with General Partner’s consent)
GENERAL PARTNER:
Abel Energy, LLC
FINAL CLOSING DATE:
December 31, 2011,
(unless extended by
the General Partner).
C-Level Executive (CEO, CFO, etc.)
PreConstruction Catalysts Inc
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Service Provider
Location:
Olney
Description:
When a project needs more than $275 Million in funding, we have the direct connection to an IMF/US Treasury supervised Major Infrastructure Funding Program. Qualified projects include humanitaraian (i.e. job creation), environmental, energy, and alternative fuels.
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