Silica Mining Corporation Ltd (SMC) is a company involved in the extraction and processing of silica, a mineral widely used in various industries such as construction, glass manufacturing, electronics, and pharmaceuticals. As an investor considering SMC shares, it's essential to understand the types of Shares SMC is offering to their investors. We have different types of Shares which are:
Ordinary Shares
Ordinary shares, also known as common shares or equity shares, represent ownership in a company. When you buy ordinary shares of Silica Mining Corporation Ltd, you become a partial owner and typically have voting rights in company decisions, such as electing the board of directors.
Here are some key points about ordinary shares:
Peference Shares
Preference shares, also known as preferred stock, represent ownership in a company with specific privileges and preferences over ordinary shares. Here are some key points about preference shares:
Preference shares offer investors a balance between the fixed income characteristics of debt instruments and the equity-like features of ordinary shares. They are often favored by income-oriented investors seeking steady dividends and relatively lower risk compared to ordinary shares.
Redeemable Shares
Redeemable shares, also known as redeemable preference shares or redeemable preferred stock, are a type of share that can be bought back by the issuing company after a certain period or under specific conditions, typically at a predetermined price. This feature provides flexibility to the company, allowing them to manage their capital structure more effectively. Investors holding redeemable shares receive regular dividends and may also benefit from potential capital appreciation if the shares are redeemed at a higher price than the purchase price. However, redeemable shares are less common compared to ordinary shares and may have different rights and restrictions attached to them
How to Invest
It is advised that an eligible investor is obliged to carefully read and understand the content of this information memorandum.
Investor uses the application form to purchase the Redeemable Shares . The Silica Mining Corporation Ltd investing the capital sum ti finalize the project.
Silica(raw material) will be sold to clients globally.
On the maturity date, the Redeemable Shares will be refeemed. In 7 days, upon receiving the share certificate, capital sum and the set dividends will be paid (transferred) to the Shareholder's bank account.