Klapton CEO, Shay Reches confirmed that Klapton had signed an agreement with David Jones-Cooper to provide consultancy service to develop the sureties and insurance business in the mining and gold trade industries.
Mr Reches commented “Klapton is becoming increasingly involved in the sureties/insurance provision in these markets and David has considerable knowledge and contacts and is therefore someone we are confident can provide us with a significant deal flow in such areas.
He has already presented us with a pipeline of deals in such fields as mining and milling for gold, offtake agreements, funding of gold mines and miners and the equipment and machinery for use in these and other projects.”