|It was a successful Christmas period for WHIreland’s family office/high-net-worth Investor Forum, and we are delighted to have secured funding for two private growth companies. |
Cycladex aims to provide an alternative to the use of cyanide in precious metals recovery with a ‘disruptive’ new chemical process. It has the ability to ‘unlock’ the revenue potential from conventional deposits, from certain stranded gold deposits and difficult-to-treat, gold-bearing materials. The process delivers attractive economics and a lower overall environmental footprint.
The funding raised by WHIreland will be used for further in-field trials and product development of the already world-leading technology.
Roger Pettman, Chairman of Cycladex, commented “I’m very pleased with the success of our initial funding through WHIreland which has positioned us well to enter the next phase of funding and will make the most of the exciting precious metal recovery projects we are involved in.”
Adam Pollock, Head of Corporate & Institutional Broking at WHIreland, commented “We are extremely proud to have partnered with Cycladex, supporting their mission to use both cost effective and environmentally friendly chemicals in furthering the science of gold refining and eliminating the need to use sodium cyanide, an environmentally unfriendly current industry standard.”
WHIreland has also secured follow-on funding for Hofmeister, the award winning re-launched Bavarian beer brand. Hofmeister has secured the award for gold at International Beer Challenge, double Gold at the European Beer Challenge, winner of IWSC Beer Awards World’s Best Lager and continues to grow from strength to strength.
Spencer Chambers, CEO of Hofmeister, commented “after working successfully and enjoyably with WHIreland last year it was an easy decision to engage them again for our next round of fundraising”
Adam Pollock commented “We are delighted to continue supporting Hofmeister with a second round of fundraising following on from their successful raise in July last year, and are excited to watch their progress.”
WHIreland acted as exclusive financial adviser for both companies.
Find out more about the Investor Forum here.