Here’s an interesting email we received from Rick Rule this morning. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings, merging it into Sprott Inc. (SII) in 2011.
Worth watching how this develops.
The deadline to submit an application to participate in their convertible notes offering is currently set for Wednesday, October 1st. All wires are due by Friday, October 3rd. Minimum investment for accredited investors is $75,000.
I invite you to read the letter below from Frank Trotter, President of Battle Financial, Inc.
Battle Bank has received regulatory approval, and is offering an opportunity to get in on the ground floor as an investor.
Battle Bank aspires to be a community bank, where community is described as independent thinking, aspiring folks, like you, rather than by simple geography.
If you are a U.S. accredited investor, consider joining me as an investor in Battle Bank.
Enjoy the attached video, an informational discussion between me and Frank Trotter.
Sincerely,
Rick Rule
Investor and Board Member of Battle Financial, Inc.
Dear Friends:
Last Friday, we received the news we’ve been waiting for: the Federal Reserve approved Battle Financial, Inc. to become a bank holding company!
That means Battle Bank N.A. is no longer just a vision — it’s about to be real. We thank you for your unwavering support on this journey and we’re excited to talk about what’s next.
Putting a Deadline on the Investment Offering
We raised the cap to $27 million because the interest was undeniable.
Now, with full regulatory approval in hand, it’s time to bring the capital raise to a close. This is the last opportunity for retail investors to own a stake in Battle Financial ahead of our acquisition — and it’s not likely to be coming around again soon.
The deadline to submit an application to participate in our convertible notes offering is currently set for Wednesday, October 1st. All wires are due by Friday, October 3rd.
If you’re ready to join the battle, head to battlebank.com/invest, complete the form, download the offering package, and if it’s right for you, submit your DocuSign application. The window is closing. Don’t delay.
Here’s how the next chapter unfolds
Now that approval is in hand, we’re executing a four-phase plan to bring Battle Bank to life — fast and focused.
- Close the convertible note offering
First step is closing the capital raise and converting all noteholders to common stockholders of Battle Financial, Inc. - Complete the acquisition of Stearns Bank Upsala, N.A.
Upon acquiring Stearns, we will change the name to Battle Bank N.A. and begin the final testing of our Battle Bank systems. We will continue to operate Stearns Bank of Upsala without interruption – offering the same services using the same dedicated team members. - Open accounts for investors
We’ll start by opening accounts for our team members and shortly thereafter, our shareholders — stress-testing the online application, online banking systems, workflows, and client solutions. There’s always bugs, but our hope is to minimize as many as possible before the national launch. - Invitations to the waitlist
You’ve waited a long time. We’ll progressively invite individuals on the Waitlist to open accounts — bringing our full product suite to market and officially launching Battle Bank N.A.
Although timing for each phase is still being finalized, every step gets us closer to what we’ve promised: a better bank, built for savvy clients who expect more.
We couldn’t have reached this milestone without your support. Thank you for being part of the journey.
Onward and Upward,
Frank Trotter
President – Battle Financial, Inc.
