BRIEFINGWIRE: Cedrus Chairman Rani Jarkas and Cokal strengthens funding package for BBM Financing, 2/24/2015 – Global metallurgical coal group Cokal Limited (ASX:CKA) is pleased to announce that Cedrus International Limited (Cedrus) with it’s Chairman Mr. Rani Jarkas has joined with Platinum Partners (Platinum) to provide a non-binding term sheet to Cokal in relation to a US$110 million project finance facility (Facility) for the BBM project.

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Rani Jarkas, the Chairman of Cedrus Investments.

Rani Jarkas is a highly experienced financial services executive, with over 20 years of international banking experience. Currently, Mr. Jarkas is the Chairman of Cedrus Investments, a global boutique investment firm. Cedrus’ domain expertise is in life sciences, natural resources, energy, cleantech and nanotechnology. – Rani Jarkas