Readers, Introductions, Updates and More

Dear Readers,

Welcome to the April 2023 edition of the Funding Strategies newsletter!

Congratulations!

Congratulations to Project Cargo who obtained their required funding recently.

Project Cargo has been set up to acquire a prominent, successful and profitable freight forwarding/customs brokerage business. With their deep knowledge and experience in logistics, the founders are looking to expand into the freight forwarding industry and seek to roll-up other, similar businesses nationally.

From Mark's desk

"Thanks Blair Pleash for the invitation to join the panel with Lawrence Devine and Robert Dunne - engaging discussion on the financial markets, property and finance!"

Mark attended a CPD presentation by Hall Chadwick and Savills recently, discussing the Brisbane Property Market Outlook and Distressed Real Property Solutions. A couple of images from the event are shown below.

Product of the Month

Investor Services

We specialise in providing business advisory and introduction services to investors, helping to match investment criteria with appropriate opportunities. Investors will have considered their financial goals and objectives, rates of return (growth vs income) and investment horizons (time to exit) and liquidity options and their investment allocation.

Investors will have a range of industry sectors to choose from. We tend to specialise in Resources, Technology, Financial Services and Property matters. Some of these opportunities many involve both Australian as well as overseas assets / projects or opportunities.

Find out more

View our Latest Opportunities

As always, we invite you to download our updated deal list from our website (registration / log-in required, membership is free).

View our Latest Opportunities

For more information please see the updates in this newsletter. Alternatively, contact us today via emai l or phone 07 3160 2840.

Project Fitness Update

Trading Update

Project Fitness is an Australian company that markets a Lead Nurturing System (LNS) and Customer Relationship Management (CRM) software platform with social media advertising capabilities. The software is designed to engage and manage potential leads for gym owners and operators to attract, acquire and retain more members with the goal to increase top-line revenues.

Project Fitness has provided the following update:

"...signed on 14 new gyms in the last 3 weeks and following extensive discussions have just sent commercial terms to an Asian fitness brand with over 70 locations. This opportunity is expected to generate greater than $200,000 in high-margin revenues over the next 3 years alone. Discussions the Company is having with several other major groups and the Queensland Government are also proceeding positively."

Find out more

Upcoming webinar

We will be holding an introductory webinar on Wednesday, 3 May 2023 at 12 noon AEST. At this event, attendees will have a chance to;

Get to know the Company;
Meet the Team behind Project Fitness;
Receive the latest update from the Company;
Gain insights on the current opportunity;
Ask the questions you want answered.

Timing does not suit? Please book in anyway and we will send you a link to the recording.

Read more here

Funding Strategies Out & About

BDO workshops

"Kick start your business in just one day. We deliver three financially focused workshops to help business owners and leaders truly understand their numbers and plan for a sustainable future."

Thanks to BDO and BEDA, our office manager, Birgit, recently had the opportunity to attend 3 BDO financial education workshops:

Improve your financial literacy;
Build a financial roadmap;
Avoid a cash flow crisis.

Here is Birgit's feedback: "It was great to attend the workshops here in Brisbane, facilitated by Craig. A lot of our clients would benefit from attending, especiallly in the early and expansion stages. As a business owner and leader, it's vital to be across your numbers!"

Project Gold update

IPO prospectus now available

Congratulations to Project Gold, an aspiring Australian mineral resources company developing a gold production business in Northern Queensland, who launched its IPO prospectus last week.

The Company has secured rights to a land package covering over 600sqkm which contains historical mines, mineral resources, highly prospective exploration potential and a gold processing plant.

Project Gold plans to commence gold production once sufficient mineral resource is converted to ore reserves. Exploration and project development will be ongoing to maintain a robust project pipeline.

Upon completion of the IPO, Project Gold will acquire the assets of another company under a Deed of Company Arrangement and in accordance with an Implementation Agreement, whose key assets include a Gold Project and a fully permitted 340,000 tonnes capacity Gold Processing Facility.

Find out more

Upcoming Webinar - Project Gold

A Project Gold briefing will be held on Thursday 4 May 2023 at 11am AEST. For more information and to register, please click here.

Project Barrel Update

Project Barrel held whisky brands win awards

Great news for Project Barrel with the brands it holds recently winning some amazing awards for whisky!

Hidden Lake Cask No. 195 (pictured left and below) has been awarded a Gold Medal at this year’s World Whiskies Awards and was one of only 5 Australian whiskies in its category to be awarded a Gold Medal amongst a huge number of entries.

In addition to Hidden Lake; 78 Degrees (pictured left below) also won Australia’s Best Grain Whisky at the 2023 World Whiskies Awards with their limited edition Triple Smoke Whiskey.

The Company states: "We expect the 78 Degrees whisky stocks that are held by Project Barrel to start maturing around July 2024."

Project Barrel is an Australian company that has been created as an initiative to fund the acquisition of barrels and premium new make whisky while being supported by strong industry fundamentals, a robust governance and business mode.

Webinar recording now available

At our recent Project Barrel webinar, attendees had a chance to;

Get to know the Company;
Meet the Team behind Project Barrel;
Receive the latest updates from the Company;
Gain insights into the current opportunity;
Ask the questions they wanted answered.

Watch the recording

Project Triplex Update

Mandala Hospitality Group TARHF Fund III

makes $19m expansion into WA

"In a move showing continued confidence in the regional hospitality sector, TARHF Fund III is purchasing two of Western Australia’s regional accommodation gems. The Quality Hotel Lighthouse in Bunbury and Ace motel in Albany between them represent 126 rooms in WA, for an investment of $19m.

The growth will take Mandala’s Hospitality Group portfolio to 32 properties across Australia, making Mandala one of the largest regional hospitality providers. Mandala’s Principal, John Zeckendorf said, “We’re excited to finally add some WA assets to our mix. We’ve been waiting for the right quality properties to come up at the right price. Market conditions are still strong and these properties are quite defensive if conditions change. We’ve identified a number of other target towns – both for WA, and nationally.

Find out more

McCormick Harris Insurance Update

Cyber risks:

How to protect your business

In their April Insurance Update, Tony and his team cover some topics of interest to businesses:

How to protect your business from increasing cyber risks;
How to keep your small business team safe at work;
What the changing climate means for Aussie agriculture;
Undetectable defects: Are your fleet vehicles at risk;
Buckle up for more truck driver safety improvements.