Proactive Investors - Run By Investors For Investors

Canamex says GoldUSA and SilverUSA tokens being offered to accredited investors

The amount being targeted by the company for these offerings is up to US$10 million
Crypto currencies
The tokens provide exposure to gold- or silver-backed ERC20 crypto tokens

Canamex Gold Corp (CSE:CSQ) (OTCMKTS:CNMXF) said Friday that its GoldUSA and SilverUSA ethereum tokens are now being offered to accredited investors.

The amount being targeted by the Company for these offerings is up to US$10 million.

READ: Canamex Gold announces GoldUSA and SilverUSA offerings to raise up to US$10M

The tokens are being offered through a digital securities offer board provided by New Dawn Capital Pty Ltd, which trades as Vestabyte Securities and provides an online primary market offering platform for issuers.

Vancouver-based Canamex said the GoldUSA tokens are offered at about a 30% discount to the current spot gold price while the SilverUSA tokens are at about a 35% discount to spot silver.

The tokens provide exposure to gold- or silver-backed ERC20 crypto tokens on the ethereum blockchain.

Minimum subscripition

The minimum subscription is 500 GoldUSA or SilverUSA tokens, or US$2,500.

The GoldUSA tokens are sold to investors with the understanding that they may be converted into a specified weight of physical gold bullion contingent on commercial production from Canamex’s Bruner Gold project in Nevada.

Shares of Canamex traded at C$0.08 in Thursday’s Canadian trading. They fetched US$0.06 on the OTC Markets.

Contact Dennis Fitzgerald at [email protected]

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full CSQ profile View Profile

Canamex Gold Corp Timeline

Related Articles

July 17 2018
Orsu Metals looks set for a transformative year, with a sizeable gold resource expected in an already prolific area
A photo of gold nuggets
December 17 2018
A series of acquisitions has made the Vancouver-based company the third-largest land holder in the Pilbara region, with more than 2,800 square kilometers, 20 exploration licenses and five mining leases
October 11 2018
Viscount Mining is sitting on two highly prospective gold projects in the USA
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use