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MIRA INFORM REPORT
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Report No. : |
483870 |
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Report Date : |
05.01.2018 |
IDENTIFICATION DETAILS
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Name : |
SUN VALLEY INDUSTRIES CORP. |
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Formerly Known As : |
B.C. LTD. |
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Registered Office : |
25th Floor, 700 West Georgia Street, Vancouver BC V7Y 1B3 |
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Country : |
Canada |
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Date of Incorporation : |
29.08.2017 |
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Legal Form : |
Corporation |
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Line of Business : |
· Subject is precious metals focused investment fund with branch offices across the globe. · Gold Ores · Gold Ore Mining |
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No. of Employees : |
1 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
NB |
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Credit Rating |
Explanation |
Rating Comments |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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Status : |
New Business |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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Canada |
A1 |
A1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
CANADA - ECONOMIC OVERVIEW
Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. Canada has a large oil and natural gas sector with the majority of crude oil production derived from oil sands in the western provinces, especially Alberta. Canada now ranks third in the world in proved oil reserves behind Venezuela and Saudi Arabia and is the world’s sixth-largest oil producer.
The 1989 Canada-US Free Trade Agreement and the 1994 North American Free Trade Agreement (which includes Mexico) dramatically increased trade and economic integration between the US and Canada. Canada and the US enjoy the world’s most comprehensive and highly balanced bilateral trade and investment relationship, with merchandise trade of $544 billion in 2016, services trade of over $80 billion, and two-way investment stocks of nearly $700 billion. Over three-fourths of Canada’s exports are destined for the US each year. Canada is the largest foreign supplier of energy to the US, including oil, natural gas, and electric power, and a top source of US uranium imports.
Given its abundant natural resources, highly skilled labor force, and modern capital stock, Canada enjoyed solid economic growth from 1993 through 2007. The global economic crisis of 2007-08 moved the Canadian economy into sharp recession by late 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Since the fall in world oil prices in 2014, Canada has achieved modest economic growth.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
SUN VALLEY INDUSTRIES CORP. |
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Trade Names: |
SUN VALLEY INDUSTRIES CORP. |
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ID: |
BC1131940 |
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Date Created: |
2017 |
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Date Incorporated: |
Incorporated on August 29, 2017 10:01 AM Pacific Time |
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Legal Address: |
25TH FLOOR 700 WEST GEORGIA STREET VANCOUVER BC V7Y 1B3 CANADA |
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Operative Address: |
25TH FLOOR 700 WEST GEORGIA STREET VANCOUVER BC V7Y 1B3 CANADA |
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Telephone: |
1 604 684 9151 |
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Fax: |
NA |
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Legal Form: |
CORPORATION |
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Email: |
jeff@sunvalleyinv.com |
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Registered in: |
BRITISH COLUMBIA |
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Website: |
www.sunvalleyinv.com |
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Contact: |
Sodhi, Vikram |
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Staff: |
1 |
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Activity: |
SIC Code 1041, Gold Ores NAICS Code 212221, Gold Ore
Mining |
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Banks
ROYAL BANK OF CANADA |
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History
The company was founded in 2017. |
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Previous Company Name Date of Company Name Change 1131940 B.C. LTD. September 08, 2017 |
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PRINCIPAL
ACTIVITY
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Sun Valley Investments (SVI) is a precious metals focused investment fund
with branch offices across the globe. |
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Products/Services description: |
SVI leverages its deep capital markets expertise and longstanding
relationships with mining companies to structure a broad range of financial products
including precious metals streams, royalties, and offtakes. The fund finances
the entire precious metals supply chain: mineral exploration, production,
processing and refining. |
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Brands: |
NA |
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Sales are: |
Wholesale |
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Clients: |
NA |
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Suppliers: |
NA |
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Operations area: |
National |
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The subject employs |
1 employee |
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Payments: |
NA |
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LOCATION
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Headquarters : |
25TH FLOOR 700 WEST GEORGIA STREET VANCOUVER BC V7Y 1B3 CANADA |
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Comments on Address: |
NA |
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Branches: |
NA |
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Related Companies: |
The company has operations in: Sun Valley Investments LLC 1201 N, Orange Street, Suit-700 # 7144, Wilmington, Delaware, United States CIIGSA Medellin, Colombia India DUBAI PERU |
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GROUP STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. We were not able to confirm major holders. |
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Management: |
DIRECTOR INFORMATION Sodhi, Vikram Mailing Address: 7002 WOODRIDGE DRIVE HOUSTON TX 77012 UNITED STATES |
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Possible Agent: Firm Farris, Vaughan, Wills & Murphy LLP |
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FINANCIAL
INFORMATION
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The company does not make its financial
statements public. |
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LEGAL
FILINGS
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CASES |
No found. |
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OFAC Sanctions List Search |
The company is not listed in the OFAC list. |
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SUMMARY
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Sun Valley Investments (SVI) is a precious metals focused investment
fund with branch offices across the globe. The company operates as part of Sun Valley Investments LLC, located in
USA. It has only 4 months of experience in Canadian market; since its
incorporation. We suggest working with guarantees and monitoring the subject fr the
following 12 months. |
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RISK
INFORMATION
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DEBTS |
NA |
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PAYMENTS |
Unknown |
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CASH FLOW |
NA |
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STATUS |
Active |
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INTERVIEW
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NAME |
- |
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POSITION |
- |
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COMMENTS |
The person contacted was reluctant to provide any information. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.39 |
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1 |
INR 85.74 |
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Euro |
1 |
INR 76.25 |
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CAD |
1 |
INR 50.71 |
Note:
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRI |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
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Company
background and operations size
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
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Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.