TBD by WestCan Energy Ltd

logo

The Raise Total

$50,000,000

Price Per Token

-

Raise Start

-

Minimum Investment

-
WestCan Energy is a private company focused on raising and investing capital in OIl and Gas projects in Western Canada

Terms

Fundraise Information

Total Raise $50,000,000 USD
Soft Cap $3,000,000 USD
Raise Status -
Minimum Investment -
Accepted Investors US & International Accredited Only
Security Type Revenue Sharing
Exemptions Regulation D - Traditional
Instrument Convertible Note

Token Information

Price Per (TBD) -
Token Issuance Platform I currently have not selected a vendor
Token Protocol SRC20 (ethereum)
Token Issuance Info 12 Months
Payment Options USD

Token Rights

TBD

About

Overview

Investors in the token become participants in net cash flows as received and distributed quarterly, increase in asset value and eventual funds created through asset sales

Highlights

-Ground floor investment in assets deemed to have 3-5 times growth in values over 2-4 years. -Quarterly distribution of 70% of free cash flows to the token holders -30% estimated IRR based

Team

JC Cunningham

President and Founder

Not Verified

Don Currie

Managing Partner

Mike Krzus

Technical Advisor

Advisors

James Row

CEO Entoro Capital LLC

Mark Courtney

Project Advisor

Press

“The Asset backed security allows the strategic alliance to offer particpation in the acquisition, cash flow and ultimate sale of assets to individuals at levels previously not available within the oil and gas industry.”

Use of Funds

Acquisition of the first producing asset, due diligence and deposits on larger subsequent assets

6%

Acquisition of the second producing asset

35%

Acquisition of the third producing asset

40%

Acquisition of 4th producing asset

19%

Documents