Shares

Types of shares SMC offers:

• Ordinary Shares
• Preference Shares
• Redeemable Share
• How to Invest

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:

• Ownership: Ordinary shareholders are entitled to a portion of the company's profits through dividends and can benefit from capital appreciation if the share price increases.
• Risk and Reward: Ordinary shares carry more risk compared to other types of securities, such as bonds, but they also offer potentially higher returns.
• Dividends: Companies may distribute a portion of their profits to ordinary shareholders in the form of dividends, although the amount and frequency of dividends can vary and are not guaranteed.
• Voting Rights: Ordinary shareholders typically have the right to vote on important company matters, such as the election of the board of directors and major corporate decisions.
• Residual Claim: In the event of liquidation, ordinary shareholders have a residual claim on the company's assets after all creditors, bondholders, and preferred shareholders have been paid.
• Liquidity: Ordinary shares are generally more liquid than other types of investments, as they can be bought and sold on stock exchanges.

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:

• Dividends: Preference shareholders typically receive fixed dividends, which are paid out before any dividends are distributed to ordinary shareholders. These dividends are usually expressed as a percentage of the face value or par value of the preference shares.
• Priority in Liquidation: In the event of liquidation, preference shareholders have a higher claim on the company's assets compared to ordinary shareholders. They are entitled to receive their investment back before any distributions are made to ordinary shareholders.
• Non-voting Rights: In many cases, preference shareholders do not have voting rights or have limited voting rights in company decisions. Their influence on corporate governance is usually less than that of ordinary shareholders.
• Cumulative vs. Non-cumulative: Preference shares can be either cumulative or non-cumulative. Cumulative preference shares entitle shareholders to receive any missed dividends in future years before dividends can be paid to ordinary shareholders. Non-cumulative preference shares do not carry this feature.
• Redeemable vs. Non-redeemable: Some preference shares are redeemable, meaning the issuing company has the option to buy them back at a predetermined price after a certain period. Non-redeemable preference shares do not have this feature and are typically perpetual.
• Convertible vs. Non-convertible: Certain preference shares come with the option for shareholders to convert them into a specified number of ordinary shares after a predetermined period. This provides flexibility to investors who may want to participate in potential capital appreciation.

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.

The Offer

The company is seeking to raise a subscription of £10,000,000.00

The offer will be mae for up to 10,000,000 peferences shares at the offer of £1.00 per share.

The offer will be for peference shares representing 100% of the peference shares, and Silica Mining Corporation Ltd will own 100% of the remainnng Class A Ordinary Shares.

All shares are fully paid and secured on the company assets.

Offer Details

Issuer:                                                                        Silica Mining Coroporation Ltd

Issue:                                                                          Peference, Class B  Shares, non-voting, non-transferable at £1.00 each

Security:                                                                   Company tangible assets

Grantor:                                                                     Simico Plc - Corporate Guarantee      

Offer price per Peference Shares:               £1.00  

Total number of Peference Shares:            10,000,000       

Dividends:                                                                Paid annually

Min Investment:                                                    £1,000.00     

Max Investment:                                                   £10,000,000.00(10,000,000 Preference Shares)  

Launch date:                                                          1st of December, 2023       

Closing date:                                                          30th of September, 2024       

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

The Offer

The company is seeking to raise a subscription of £10,000,000.00

The offer will be mae for up to 10,000,000 peferences shares at the offer of £1.00 per share.

The offer will be for peference shares representing 100% of the peference shares, and Silica Mining Corporation Ltd will own 100% of the remainnng Class A Ordinary Shares.

All shares are fully paid and secured on the company assets.

Offer Details

Issuer:                                                                        Silica Mining Coroporation Ltd

Issue:                                                                          3 years term Redeemable, non-voting, non transferable shares at £1.00

Security:                                                                   Company tangible assets

Grantor:                                                                     Simico Plc - Corporate Guarantee      

Offer price per Peference Shares:               £1.00  

Total number of Peference Shares:             10,000,000       

Dividends:                                                                 36 months

Guaranteed Dividends:                                       13.25% p/a Cummulative

Return and Capital sum payment:                 145.25%     (£1.4525 per share on Maturity Date)

Min Investment:                                                      £1,000.00     

Max Investment:                                                     £10,000,000.00(10,000,000 Redeemable Shares)  

Launch date:                                                            1st of December, 2023       

Closing date:                                                             30th of September, 2024

Redemption date:                                                  Capital sum and the guaranteed dividends are payable in  7 days after                                                                                            the maturity date of the Redeemable Shares Certificate, which is  in   

                                                                                          36 months from the investment date.

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.