JOHANNESBURG – As the commodities rout makes it increasingly difficult for mining companies t
o tap capital markets, equity crowdfunding is emerging as an alternate financing mechanism.
Traditionally considered the domain of technology startups, equity crowdfunding appears to be changing the way in which companies, irrespective of the sectors in which they operate, are raising funds. According to Oscar A Jofre, President, CEO and Founder of KoreConX, $30 billion dollars was raised via global equity crowdfunding platforms in the first quarter of the year.
