IGDC Executes Advisory Agreement with Lion Partners Ltd.; Merchant Bankers to Assist Company
IGDC Executes Advisory Agreement with Lion Partners Ltd.; Merchant Bankers to Assist Company
SAN FRANCISCO
Indigenous Global Development Corporation
John Mejia, 415-283-4757
johnm@igdc1.com
Indigenous Global Development Corporation, the first majority owned and publicly traded Native American company in the U.S. (OTCBB:IGDC) today announced the signing of a advisory agreement with Lion Partners, Ltd., a merchant banking firm located in New York City. Under this agreement, Lion Partners will assist IGDC in raising equity and/or debt for an immediate infusion of operating capital for the company's expansion. Lion is also slated to arrange strategic partnerships involving IGDC's energy projects including Canadian First Nations and First Indigenous Depository Company. The funds will be utilized for drilling, gathering, transport and marketing the First Nations natural gas.
"This financial services partnership is ideal for our company," said Deni Leonard, Chairman and Chief Executive Officer, Indigenous Global Development Corporation. "By using Lion Partners financial expertise to assist us in the capital markets, management can now focus on the day to day operations of the business."
"We are pleased to be working with an emerging company like IGDC," said Partner, Joseph Maida, of Lion Partners, Ltd. "IGDC's projects and energy programs are very promising and we are very excited to be a part of this emerging Native American concern."
About Indigenous Global Development Corporation
Indigenous Global Development Corporation (IGDC) is the first majority owned publicly traded Native American corporation. IGDC's goal is to provide strategy, financial and investment tools to deliver economic development, empowerment and financial self-sufficiency for Native Americans across the U.S. and for indigenous people worldwide. Investment financing, tribal energy creation and pharmaceutical development for Native American communities are its primary tools to create positive change in Indian Country. Its parent company is United Native Depository Corporation. You can find more information about Indigenous Global and First Indigenous Depository Company at www.igdc1.com and at www.fidc1.com.
About Lion Partners Ltd.
Lion Partners Ltd. was founded on the principle that the quality of services offered by major investment banks should be available to companies that are emerging or have smaller market capitalizations which attract the interest of traditional financing sources.
Lion's client is a small to medium sized company whose financing requirements range from $2,000,000 to $ 100,000,000. Lion helps companies raise funds for working capital, expansion, equipment, and many other uses. Lion also structures and advises on mergers and acquisitions and assists companies with accessing the US public capital markets as well as increasing their public profiles. As a Merchant Banker, Lion also seeks turnaround, workout, reorganization and other challenging transactions.
Copyright (C) Indigenous Global Development Corporation, 2005
