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Neegani Investment Fund |
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Neegani Investment Management Inc. (NEEGANI), a wholly owned subsidiary of NADF, was established to provide investment banking and business advisory services to members of the Nishnawbe Aski Nation and partners/investors.
The need for these services has grown in recent years as an increasing number of First Nations' businesses and development corporations become involved in larger scale projects or in joint ventures that require financing in excess of $500,000. NEEGANI can help to bridge gaps these organizations encounter in meeting their financing needs, which may also be beyond the capabilities of lending sources such as banks.
Services include:
- Direct equity investment up to a maximum of $300,000
- Counseling on the viability of major projects and joint ventures
- Undertaking feasibility studies to determine the probable success of specific projects and to offer a fair and honest opinion
- Advising on the drafting of equitable and properly documented Shareholder Agreements, the establishment of acceptable boards of directors, and management contracts that include community-specific conditions
- Locate available financing tools such as operating loans, medium to long term loans and mortgages, leasing funds and equity injections via chartered and foreign bank markets, insurance companies, trusts, and pension funds
First Nations organizations involved in or pursuing large-scale initiatives can receive a free consultation from Neegani Investment Management Inc.
For more information contact
Harvey Yesno hyesno@nadf.org
Thunder Bay: (807) 623-5397 toll free at 1-800-465-6821 Fax: (807) 622-8271
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