Hub

1,000 Ven Stakes allotment, group membership held by Resource Asset.

 

Resource Asset is Hub Culture's first partner for the development of Ven denominated investments. Through the sale of Ven Stakes, individual and institutional investors are easily able to access the benefits of resource development projects created by Resource Asset, a Hong Kong listed partner company. Purchase of this Stake Vehicle pools Ven capital in a membership group, which is then deployed to the company in a joint syndicated structure. Upon purchase, the investor is provided access to the private membership group. Collaboration with other investors and all project information is managed in the group.

 

Resource Asset Ltd is a Hong Kong based company actively developing its first project, the "Ven Reserve" - an in-ground mineral rights purchase and development project for 2,000 acres of mineral rights in Alaska, with gold, platinum, rhodium and other metals. The company believes that these in-ground minerals, plus carbon rights attached to the property, will have substantial future value, and seek to develop the property as an Asset to best develop these future values.

 

The
Information
Memorandum
offers
institutional
investors, high
net
worth
individuals
and Hub Culture members the
opportunity
to
invest
in
Resource
Asset
Ltd
Project
B,
a
diversified portfolio
project
focused
on
acquiring
mineral
assets.
The
General
Partnership
believes
its
expertise
lies
in
sourcing
and
developing
resource
deals
using
proprietary
connections
and
highly
valuable
relationships
in
the
global
business
world.
 

 

The
target
size
of
the
“Partnership”
is
300,000,000
Ven with
an
entitlement
to
accept
up
to
300,000,000 Ven
in
oversubscriptions.
The
General
Partnership
is
independent
from
any
other
financial
institution.

 

The
Resource Asset Stake Vehicle, "the Vehicle", has
been
established
to
offer
members
an
opportunity to join the Partnership through purchase of membership in the Vehicle.
While
the
General
Partnership
intends
on
using
its
experience
and procedures
to
minimise
risk,
there
are
many
risks
associated
with
investments
in physical
resources.
Potential
members
should
assess
their
appetite
for
such
risks independently.
Hub Culture requires any purchaser of the Vehicle to read and understand the full Information Memorandum, including Risk Factors and Terms & Conditions before making this purchase. The purchaser confirms by act of purchase his/her understanding and consent to the Risk Factors and Terms & Conditions outlined in the Information Memorandum.

 

As a member of the Vehicle, members receive the opportunity to seek superior returns through proportional ownership and receive dividends on an annual basis according to the dividend offering of Resource Asset to its shareholders. Members hold a Ven denominated Stake equal to their ratio of the number of Shares held in the company by the Vehicle. As a syndicated group owning these shares through Hub Culture, the value of the Shares and therefore the Stakes, may go down as well as up.  All dividend payments and share ratio allotments are offered paid in Ven through the Hub Culture network, and the Stakes can be traded onward with final sale approval from Hub Culture.

 

Each Ven Stake is offered priced in Ven at floating market rates based on a root purchase price of US$1, and stakeholders are able to purchase stakes in groups of 100, 1000, 10,000 and 100,000.  .  

 

About the Ven Reserve:  In 2011 Resource Asset completed a year long negotiation for the conditional purchase of in ground mineral rights and claims on over 6,500 acres of State of Alaska land. Certified
professional
geologists
and
mining
engineers
have
both
estimated
the
total
cubic
volume
of
placer
deposits
to
be
substantial.

In
addition,
the
claim
areas
are
fed
by
glaciers
that
grind
the
earth,
replenishing
alluvial
gold
deposits
and
new
mineral
flow
each
season
as
annual
melting
occurs.

As
a
matter
of
conservatism,
RA
expects
just
a fraction of the stated
cubic
yards
to
be
available,
much
less
than
the
total
suggested
by
independent
experts
as
a
basis
for
the
purchase.
The
review
(only)
of
historical
data
meets
NI‐43‐101.
 
Previous
geological
survey
reports
on
the
property indicate
over one
million
ounces
of
gold
and
potentially
up
to
multi-million
ounces
along
with large
deposits
of
platinum,
silver,
palladium
and
rhodium.

By
way
of
example,
the
stated
in
ground
gold
reserve
of
American
Barrick,
the
worlds
largest
producer
and
holder,
is
140
million
ounces
in
all
deposits
worldwide.
The
third
largest
goldAnglo
American,
publicly
acknowledges
around
70
million
ounces
in
reserves.