Cuprum Group
CUPRUM GROUP, the Company for conducting geological surveys, mining and processing of metal ores, is collecting funds for launching a new industrial copper production. The attracted investments are exchanged for the utility token Cuprum Token. Each token is backed by a kilogram of copper whose production cost in our company in Russia is 1.98 USD. Each token during the ICO is sold for an amount of 2 USD, which corresponds to the current price of copper with a discount of more than 50%. Due to the forecast given above and taking into account the world price increase for copper, such a purchase can show an investment attractiveness of up to 100% Sale of Cuprum Sale of Cuprum Token is organized on the Ethereum platform and is conducted under the open sale of tokens, which guarantees to all potential investors, regardless of the size of their investment portfolio, equal conditions for participation in the purchase of Cuprum Token and the redemption of Cuprum Token after the start of copper production. CuprumGroup is a diversified Estonian metals mining company. The mission of the group is to accelerate the transition of extractive industry companies to innovative, operationally efficient and environmentally friendly technologies. At the moment CuprumGroup is engaged in exploration of the ore-rich area and is preparing to launch a copper mining enterprise in Russia using the method of deep and bacterial leaching. The estimated starting volume of production is from 3500 tonnes per year.
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