ROI Land Investments, Ltd. Announces Investment Banking Agreement With Tokyo Based Dragoon Capital, Inc.
07 Abril 2014 - 5:00AM
ROI Land Investments, Inc. (OTCQB:ROII) ("ROI" or the "Company"),
announced today it has entered into an investment banking agreement
with Tokyo based Dragoon Capital Inc. ("Dragoon"). Dragoon will
assist the Company in connection with land acquisition financing
and bond offerings in Asia and worldwide.
Dragoon is a full service investment-banking firm (Japanese
Financial Service Agency License No. 1032) headquartered in Tokyo,
Japan, providing financial solutions to institutional investors and
corporate clients throughout the world. Founded in 2003, Dragoon
has been successful in sourcing emerging growth companies in Japan,
Asia, United States and Canada to investors worldwide.
Under this agreement, the Company has engaged Dragoon as its
exclusive placement agent and financial advisor in Tokyo, Japan, in
connection with the Company's acquisition financing of up to
US$6,500,000 in secured debt. The funds will be used for the
purpose of acquiring a 211-unit residential development project
based in Beauport, Quebec, Canada ("the Beauport/Cambert Project"
or "the Project"), a suburb of Quebec City, Quebec. The
appraised value for the Beauport/Cambert Project has been estimated
at CDN$8,200,000, according to an independent evaluation conducted
by the Group Altus, a world-renowned independent appraisal and
consulting firm http://www.altusgroup.com
The Beauport/Cambert Project is the only low-density residential
project planned in Beauport for the next 10 years. The Project
should be developed in the next three years. There was a
6.45% total population growth in the 2003-2011 period in the
Beauport area, compared to a 5.87% growth for the Province of
Québec and a 4.46% growth for Canada over the same period,
according to Statistics Canada. Quebec City has demonstrated a
solid economy where the unemployment rate is very low and the
economic growth has been stable since 2009.
The Company's Director, Chairman, Sebastian Cliche said, "We are
very pleased to establish this relationship with
Dragoon. Dragoon's team has an impressive track record
spanning more than 10 years that includes successfully handling
numerous capital-raising transactions and providing advisory
services to companies in a full spectrum of industries throughout
the world. We expect the assistance of this well-established
investment banking firm to accelerate our growth strategy through
acquisitions and with their assistance, move to the NASDAQ."
More detailed information on the land acquisition targets and
Debt Bond Offering shall be disclosed to the public in due
course.
About ROI Land Investments, Ltd.
ROI Land Investments, Ltd. ("ROI") is a real estate investment
company specializing in land development. ROI's business model
consists of acquiring attractive land developments free of zoning
restrictions, obtaining the necessary development permits,
outsourcing the development of the infrastructure and profiting
from the sale of the subdivided land units to known large regional
developers. For more information, please visit
www.roilandinvestments.com
About Dragoon Capital, Inc.
Dragoon Capital Inc. is an independent investment banking firm
that provides advice to institutional investors and middle-market
and emerging growth companies in Japan and
worldwide. Together, the firm's management professionals have
more than 80 years of experience providing private and public
companies with a broad spectrum of investment banking and financial
advisory services, including: mergers and acquisitions; equity and
debt capital raises; and restructurings. The firm provides
objective, unbiased, results-focused services that clients need to
achieve their goals. For more information, please visit:
http://www.dragoon.co.jp/en/index.html
SAFE HARBOR AND INFORMATIONAL STATEMENT: This press release may
contain forward-looking information within the meaning of Section
21E of the Security Exchange Act of 1934, as amended (the Exchange
Act), including all statements that are not statement of historical
fact regarding the intent, belief or current expectations of the
company, its directors or its officers with respect to, among other
things: (i) the company's financing plans; (ii) trends affecting
the company's financial conditions or results of operations; (iii):
the company's growth strategy and operating strategy; and (iv) the
declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate",
"anticipate", "believe", "intend", and similar expressions and
variations thereof are intend to identify forward-looking
statements. Investors are cautioned that any such forward-looking
statement are not a guarantee of future of future performance and
involve risks and uncertainties, many of which are beyond the
company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors including the risk disclosed in the
company's statements and reports filed with the OTC Markets. The
Company claims the safe harbor provided by Section 21E(c) of the
Exchange Act for all forward-looking statements.
For more information please visit our website:
www.roilandinvestments.com
CONTACT: Philippe Germain, VP of Investor Relations
T: +1 (514) 667 9470
M: +1 (418) 264 7134
Email: pgermain@roilandinvestments.com
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