The Bermuda Stock Exchange has announced the approval of the listing of the ordinary shares in Corum Property Investments Limited.

The listing was effective from August 1. Corum Property Investments was incorporated in Guernsey on June 28 as a closed ended investment company.

The company will maintain a global focus across the commodities spectrum, with a primary focus on underperforming assets, businesses that lack direction, are poorly managed, stranded or distressed.

The investment manager, on behalf of the company, will seek to develop strategic platforms in pursuit of consolidation, vertical integration and turn-around opportunities as well as expansion projects. The company will target Investments in businesses that hold mines, smelters, refineries and processing plants with a strong preference for brown-fields opportunities, although Investments in businesses with attractive development opportunities will be considered.

Appleby Securities (Bermuda) Ltd. sponsored the listing of the listing of the ordinary shares of the Corum Property Investments.

Greg Wojciechowski, president & CEO of the BSX said: "We are delighted to welcome Corum Property Investments to the official list of the BSX. Corum Property Investments join a prestigious group of domestic and international companies and funds that have listed on the BSX."

"Appleby Securities is very pleased to have been chosen as sponsors to Corum Property Investments," said Tom Crickett of Appleby Securities (Bermuda) Ltd.