CAVU Leads Placement of California Gold Convertible Debt Issue
(NEW YORK, NY − March 3, 2014) CAVU Securities served as lead placement agent on a $3.96 million private placement of 10% convertible debt by California Gold Corporation, a mineral exploration company engaged in the identification, acquisition and development of rare and precious metals mining properties.
Founded in 2004, the California-headquartered company holds interests in gold-tellurium drilling projects in Sonora, Mexico. Tellurium is a rare mineral used in the manufacture of solar power panels.
CAVU Securities is a veteran and minority-owned boutique broker/dealer.
Established in 1976, CAVU Securities provides broad transactional and capital markets access and services to corporations and institutional investors. The firm’s service offerings include investment banking, funds distribution and comprehensive securities trading services.