Palayan Resources, Inc. is a mineral exploration and production company engaged in the global exploration, acquisition, and development of mineral properties.
In April 2020 the company entered a Share Exchange Agreement with Scythian Mining Group Limited, a UK company, for Scythian Mining Group Limited’s wholly owned subsidiary SMG-Gold B.V., a Dutch limited liability company. SMG-Gold B.V. became a wholly owned subsidiary of Palayan Resources, Inc.; the SMG-Gold current operation is the Kokkus Gold Project in Kazakhstan.
In addition to this initial project, Palayan Resources is continuing to work in securing additional capital for future acquisitions of mineral properties in the future.
We have assembled an outstanding management and operations team, with vast expertise in mining and finance, as well as international business experience in Central Asia and Kazakhstan.
Mr. Jenkins spent five years as the CEO of Cali Holdings Inc., a publicly traded closed-end, non-diversified management investment company under the Investment Company Act of 1940, a Business Development Company (BDC). The Company invested primarily in the equity and/or debt securities of micro and small cap companies in both the public and private. Mr. Jenkins was a General Partner of the Olde Marco Island Inn and Suites, he wrote the PPM, managed the construction, financing, refurbishment of Captain Collier’s original Inn built in 1883, a historic landmark, and the construction of two five (5) story towers with 52 Condo units and five (5) custom built residences located on the fifth floor of the buildings. He also oversaw and managed the refurbishment of 12,0.00sf of retail space on the same property. Due to the project being a historic site Mr. Jenkins also had an archeologist on site during the construction. After the Olde Marco Island Inn Mr. Jenkins and an associate bought property and built Duplexes in Naples, FL.
EDUCATION - Business Management, Northern Essex Community College, Haverhill, MA., Business Management, Daniel Webster College, Amherst, NH Commercial Mortgage Investor (CMI), Open University, Orlando Florida, American Management Association, 1974 -1976, Quality Control, Production Control, Mfg. Processes and Supervision/Management
Since 1997, Mr. Yamamoto has been focused on investment banking and structuring financial transactions as the President and Managing Director for a $300 million private investment fund, a director for First Wall Street Capital and as an independent consultant with experience in international commodities trading (petroleum products and Iron Ore), technology, gaming, hospitality, entertainment and large commercial real estate development. Wayne has complete deal making experience including public offerings, reverse mergers, and equity capital. Mr. Yamamoto raised capital for over 30 companies through private placements including PSS, Uniloc, Leap Frog, Tempest, ResTech, Clareos, and Intel Corporation; Mergers and Acquisitions with Conoco-Phillips, Shell and ExxonMobil in the sale of over 2,800 retail locations, and $75MM Acquisition of Times Square Stores for the Pritzker family of Chicago and the Schmidt Family of Germany, and all stages of commercial real estate development including $650MM Financing – Canary Wharf, London, $236MM Debt/Equity Restructuring – Hard Rock Hotel, Biloxi, Mississippi, and $225MM Financing – 1350 Avenue of the Americas, New York, NY.