The Kazakhstan Stock Exchange (KASE) will hold a bond placement for KZ2P00011778 (KASE alternative platform, "bonds" category, FPSTb5) issued by BASS Gold LLP.

ISIN: KZ2P00011778

KASE trading code: FPSTb5

Nominal value, USD: 100.00

Term: 2 years (720 days)

Coupon rate: 11.00% annually

Coupon payment frequency: twice a year

BASS Gold LLP bonds can be purchased through any broker.

Background information:

BASS Gold LLP (formerly Forpost LLP) is a gold mining company with extensive experience in the precious metals market. The company operates two mines: Ushshoky (Ulytau region) and Chinasyl-Sai (Almaty region).

This year, a gold extraction plant utilizing cyanide leaching was launched at the Ushshoky mine. A contract was also signed with Tau-Ken Altyn LLP for the sale of gold at world market prices.

In July 2024, a license was obtained to conduct geological exploration on 11 blocks, covering a total area of 25.1 sq. km near the Ushshoky mine, with estimated gold reserves of 2 to 4 tons.

In the near future, the processing capacity of Ushshoky is expected to double due to the modernization of existing assets and the installation of additional equipment.

If you are not a resident of The Republic of Kazakhstan and would like to invest, contact [email protected]