Canamex says GoldUSA and SilverUSA tokens being offered to accredited investors
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]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/213833/canamex-says-goldusa-and-silverusa-tokens-being-offered-to-accredited-investors-213833.html
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