Canamex Gold Corp $CAD 20 Million Financing Facility
GOLDUSA Security Token Offering - Price Increase
VANCOUVER, British Columbia, May 29, 2018 (GLOBE NEWSWIRE) -- Canamex Gold Corp. (the "Company" or "Canamex") (CSE:CSQ) is pleased to announce it has entered into a non-binding letter of intent with Global Emerging Markets ("GEM") for a $CAD 20 million financing facility.
$CAD 20 Million Financing Facility
The Company has entered into a non-binding letter of intent with GEM for a $CAD 20 million financing facility. The terms are non-binding until definitive documentation governing the proposed financing is executed.
GEM is USD $3.4 billion alternative investment group that manages a diverse set of investment vehicles and has offices in Paris, New York and Los Angeles. Since 1991, GEM has completed over 370 transactions across 70 countries. Further background information regarding GEM can be found here: http://gemny.com/about/ourfirm.shtml
STO Price Increase
On May 15, 2018, the Company launched a non-brokered private placement to accredited investors, of GOLDUSA ("GOLDUSA" or "Token" ticker symbol "GOLD") Ethereum ERC20 Crypto Tokens via a Security Token Offering ("STO").
In accordance with the STO terms, the Company has elected to increase the STO subscription offer price for subscriptions received from 0900 PST on Wednesday, May 30, 2018 to $US 4.25 per GOLDUSA token. This is 35% discount to $US 6.50 value per token, based on $US 1300 per oz. gold price.
Further general details of the STO, are as follows:
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Exposure to gold-asset-backed token at a substantial discount to the spot gold price
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Each GOLDUSA Token represents 1/200 oz. gold
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Minimum subscription: 25,000 GOLDUSA Tokens
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Purchase methods accepted: Fiat currencies, Ethereum (ETH) and Bitcoin
(BTC).
- For whitepaper, FAQs, and other considerations: https://canamexgold.com/goldusa/
- For subscription: https://ezclosing.ca/private-placements/canamex-goldusa/
- GOLDUSA (symbol GOLD) ERC20 security token Etherscan technical details are as follows: https://etherscan.io/token/0xe341e1a59a75f74f344c5461c8b2e55a75152833
About the Company