Legion Metals - Krypto Miner aus Vancouver - 500 Beiträge pro Seite

[reznip1386]

Bin durch Zufall auf Legion Metals aus Vancouver, Canada gestoßen.
Gibt hier noch keinen Thread, darum eröffne ich jetzt mal.

Noch irgendjemand investiert hier?

WKN: A2DYN6 | Branche: Edelmetalle & Edelsteine | Land: Kanada
SYMBOL: LEGN
FRA: L0M

About the Company

The Company is a Vancouver-based mineral exploration company currently focused on the exploration
and development of its Millen Mountain Property, which is comprised of 80 mineral claims covering
approximately 1,280 hectares in Nova Scotia, Canada.

Company Info
Address:
1090 West Georgia Street
Suite 600
Vancouver, BC V6E 3V7
Canada
Phone
604-899-6401
Fax
604-357-1030
Email
[e-mail]
Listing date
Wednesday, September 13, 2017
Transfer Agent
AST Trust Company (Canada)

[reznip1386]

News vom 09.01.2018

http://thecse.com/sites/default/files/Legion_-_2018-01-09_-_…

LEGION METALS CORP. ADDS CRYPTO-CURRENCY MINING RIGS

Vancouver, B.C. – January 9, 2018 – Legion Metals Corp. (“Legion” or the “Company”) (CSE:
LEGN) is pleased to announce that it has executed an asset purchase agreement to acquire two cryptocurrency
mining computers, or “rigs”, and to add an additional ten rigs over the next several weeks.
Crypto-currency rigs verify code for crypto-currency-based transactions on different blockchains and
receive newly minted crypto-currencies as payment.
Under the agreement, Legion immediately acquires two fully operational crypto-currency mining rigs.
Moreover, the sellers have also agreed to source additional components and construct ten additional rigs,
all expected to be operational by February 2018. At current crypto-currency values, once they are
operational the twelve rigs owned by Legion are expected to immediately generate positive cash flow for
the Company.
As consideration under the agreement, the sellers will receive an aggregate of 1,000,000 Legion common
shares, issued at $0.0825 per share for an aggregate value of $82,500, and 400,000 stock options, each
exercisable at $0.11 and having an expiry date five years from the date of issue. The shares will be held in
escrow and will be released, and the options will vest, once the twelve rigs are constructed and have been
operating for 30 days.
The rigs will be housed in a facility near Vancouver operated by the sellers, for which the Company will
pay the sellers no more than $1,000 per month. The sellers will provide all required, necessary or
advisable support and maintenance for the rigs, for which the sellers will collectively receive 25% of the
net crypto-mining proceeds from the rigs.
This investment by Legion into crypto-currency mining does not constitute a change of business for the
Company. Legion still holds a 100% interest in the Millen Mountain gold property and maintains an
option agreement with Probe Metals Inc. (“Probe”) under which Probe has an exclusive, irrevocable right
and option to acquire up to a 50% interest in the Millen Mountain property by incurring exploration
expenditures of $250,000 by October 10th, 2018, and a further 25% interest (for an aggregate 75%
interest) by incurring an additional $250,000 in exploration expenditures by October of 2019. Probe has
already conducted in excess of $100,000 in exploration on the Millen Mountain property, and is expected
to conduct further exploration in the coming summer exploration season. In the meantime, the Legion
board of directors has determined that this opportunity to invest a portion of its available capital into
crypto-mining is in the best interests of the Company.
Peter Smith, the Company’s President and CEO, commented, “the sellers, Austin Spencer and Aaron
Smith-Hayes, are longtime friends of mine and another board member, and we are very fortunate that this
relationship has provided Legion with this opportunity to invest in the crypto-currency mining space.
Austin and Aaron are extremely knowledgeable and well-connected in crypto-mining, and we feel that
this transaction represents an excellent opportunity for Legion shareholders while we await further
exploration results from Millen Mountain.”

[reznip1386]

Video auf YouTube von Investment Pitch Media über Legion Metals:
https://www.youtube.com/watch?v=R40NwRyupsc