SC Gold Corporation announces partnership with Rennter mine in South Africa
SC Gold Company
SC Gold Company
NAIROBI, Kenya, March 30, 2021 (GLOBE NEWSWIRE) – The world is currently in a new state of inflation: more and more businesses need more capital to operate as prices rise. However, financial entities such as banks are tightening their lending across all sectors of the economy. Markets are volatile as suppliers are unable to resolve their liquidity issues due to credit restrictions. Fortunately, there are companies that can help fund businesses by creating different funding structures to help keep them afloat.
SC Gold Company provides financial solutions by investing in alternative assets such as gold and other commodities. By investing in these assets, investors can benefit from important diversification benefits, helping them to hedge against inflation; an advantage that investors can only find in these asset classes. That’s why the company has combed the market and valued various mines from its supplier group, providing retail investors with the opportunity to diversify and grow their portfolios and businesses through alternative financing.
SC Gold is proud to announce its partnership with the Rennter mine in South Africa. Rennter Mine is a gold company actively engaged in exploration, mining development and production, with operations on the African continent. Most of their main mines are in the Gauteng area, a place well known for producing the best gold mines, which has earned it the nickname “Gold Square”. SC Gold will ensure that they operate efficiently without compromising on quality and cost.
“The growth and return on investment (ROI) of the partnership is highly dependent on the expected future profits of the company, not just the value of the gold. Factors such as efficient management, production costs, reserves, l “Mining exploration, project development and hedging activities are some of the factors the company considers when partnering with Rennter Mine,” said Zach Baker, CEO and founder of SC Gold Corporation.
Gold mining costs have come down over the years resulting in a significant profit margin for gold as prices skyrocket above 2020. SC Gold will cover all mine expenses Rennter during this unprecedented time, and in return, will earn a 90% share of their profits. For this reason, SC Gold core’s strategy is to create a secure, stable and sustainable platform. Investor profits are crucial for the sustainability of the platform.
“In the coming months, we plan to acquire one gold mine per quarter. By the end of 2021, we intend to initiate our process of listing our entity for the Gold Mines Acquisition business line, on a reputable stock exchange. Our SC investors will have priority to buy our shares at the reduced price before the IPO. And by the second quarter of 2022, SC Gold will be listed, ”Baker shares.
Through this partnership and futures, SC Gold clients can now enjoy positive returns despite current economic and market failures, providing a risk-free commodity trading experience, protecting them against future inflation.
Company: SC Gold Corporation
Contact person: Zyaire Rahzel
Phone number: + 254 (20) 7640212
E-mail: [email protected]
THE SOURCE: SC Gold Company
A photo accompanying this announcement is available on https://www.globenewswire.com/NewsRoom/AttachmentNg/93753b12-5a0d-4f36-b0a0-7263ee59a575