SKANDERBEG HISTORYA major catalyst in the formation of Skanderbeg Capital was our flagship company, Tirex Resources Ltd. Tirex’s unique transition into production comes via a Mining Partnership that involves no share dilution to Tirex shareholders. Tirex has recently received approvals for six separate 25 year mining licenses in Mirdita and is targeting commercial production by the Q3 2013. Tirex’s focus in Albania and subsequent success illustrates Skanderbeg’s capacity to identify countries and sectors that are rapidly emerging but have not yet been fully recognized by the mainstream investment community. Albania’s economy is rapidly emerging with a stable democratic government. The country has harmonized many of its laws to those of the European Union (EU) and EU membership is targeted for 2014. Albania also officially joined NATO in 2009, has a flat corporate tax rate of 10% and its government is eager to attract and retain foreign investment. Within the heart of Albania’s capital city, Tirana, lies Skanderbeg Square. This city landmark pays homage to one of Albania’s most celebrated historical figures, George Kastrioti Skanderbeg, known as “Skanderbeg”. The story of this heroic figure, the grand presence of Skanderbeg’s statue displayed in the center of the square, and the country’s welcoming acceptance of Tirex Resources immediately resonated with the founders of the company. As Tirex evolved, key principals of Tirex continued to explore and act upon compelling opportunities, engaging in the identification, structuring and operating of multiple companies with highly prospective business opportunities around the world, and as such, Skanderbeg Capital Partners was born.
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