Orifer SA formed in 2013 First, Francois Marland of Tulum corporation of which he was the sole shareholder is also a shareholder of Orifer SA along with De Trinitinian, both names associated with Panama Papers via Orifer SA.
So, in 2013, this event happened to Grace Francois Marland when he was graced by Monument with $12 million US free and gratis
Monument Settles Legal Disagreement
Vancouver, B.C., February 22, 2013 - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) today announced that it has settled an outstanding legal disagreement with Tulum Corporation (“Tulum”) and its sole-shareholder, Mr. Francois Marland.
Tulum and Mr. Marland had claimed damages against the Company in connection with various matters, including the Company’s cancellation of the proposed private placements to Tulum which the Company had originally announced in 2011 and 2012, the Company’s decision not to proceed with transactions that Tulum had invested in, and the Company’s acquisition of the remaining 30% of its Mengapur Project where Tulum had previous dealings with the vendor of the Mengapur Project.
Under the terms of the settlement agreement, Monument has agreed to make two cash dispersals to Tulum of $6 million each by March 1, 2013.
In turn, Mr. Marland has agreed to invest $6 million for the purchase of 12 million shares in the Company’s brokered private placement.
Tulum and Mr. Marland have also agreed to fully support Monument’s management and the present Board of Directors for a period of 12 months from the date of the agreement and to release Monument and its directors and officers from any claims related to these matters.