CM Equity AG in Pre-Marketing for Terraoil: Security Token Offering for a double digits Mio. Euro amount
CM Equity AG, the Munich based, fully licensed digital asset platform promoting the new era of digital financings and investments, has received in May 2020 the mandate to place the Security Token Offering by Terraoil Swiss AG. During the due diligence, CM Equity AG went on a site visit to Albania in July 2020 and was informed on current production, installed infrastructure for production improvements. Also, visits were made to the new oilfields to be operationally taken over in 2020.
Now Terraoil announces filing of its prospectus with German Regulator and start of the pre-marketing to qualified investors of the Terraoil Swiss AG Security Token Offering for a double digits Mio. Euro amount for its convertible bond according to German Securities law.
Terraoil expects final approval of its prospectus and official fundraise executed within Q4 2020.
Albania Site Visit at TOG 3 customs storage tank in Visoka (Terraoil Swiss AG Chairman and CEO, CM Equity AG CEO)