San Juan, Puerto Rico--- Domenari Capital("Domenari") is pleased to announce the completion of the sale of the Malmyzh copper-gold porphyry project ("Malmyzh") to Russian Copper Company ("RCC") by IG Copper LLC ("IGC") as defined in the Share Purchase Agreement for a US $200 million consideration. Domenari and its subsidiaries are the third largest shareholder of IGC and hold an aggregate of approximately 12% of the IGC fully diluted equity.  Scotiabank Europe plc, the U.K. subsidiary of The Bank of Nova Scotia, is an advisor to IGC regarding the transaction. About Domenari.  Domenari Capital, a privately held Puerto Rico based Act 20 company, a managing partner and founding group of investors for IGC.   Domenari has been involved in the finance and capital acquisition requirements for project development since its inception. About IGC. IGC, a privately held company, is led by President and CEO Thomas E. Bowens, and includes key personnel with a track record of exploration discovery and project development in the Russian Far East.

Domenari Capital is pleased to announce the scheduled finalization of its $100m Project Financing Package by the end of 1st Quarter 2019.  This funding package has been earmarked to various energy related projects involving the exploration and production of oil & gas in the Gulf states beginning 3rd Quarter 2019.  Through the utilization of the Act 20 Tax Incentive program afforded to select companies like Domenari Capital that are operating out of Puerto Rico, Domenari is able to efficiently and effectively export services for finance, project management, and acquisition of required capital.

Domenari Capital, as part of the Puerto Rico Act 20 tax incentive, was formed in Puerto Rico as a project and investment finance management company.   On January 17, 2012 Puerto Rico enacted Act No. 20 of 2012, as amended, known as the “Export Services Act” , to offer the necessary elements for the creation of a World Class International Service Center. The Act provides tax exemptions and tax credits to businesses engaged in eligible activities in Puerto Rico.  Domenari is pleased to be able to aid with the economic development of Puerto Rico by providing employment to Puerto Rican residents, while exporting best-in-class finance and management services to projects outside of Puerto Rico.