Canamex Gold increases STO price per token

Jul 10, 2018

2018-07-09 13:21 ET – News Release

Mr. David Vincent reports

GOLDUSA (SYMBOL GOLD) ETHEREUM CRYPTO TOKENS – OFFER PRICE INCREASE

On May 15, 2018, Canamex Gold Corp. launched a non-brokered private placement to accredited investors of GoldUSA of Ethereum ERC20 cryptotokens via a security token offering.

The company advised that the company reserved the right to increase the STO subscription offer price. Therefore, the company has elected to increase the STO subscription offer price for subscriptions received from 9 a.m. PT on Monday, July 9, 2018, to $4.50 (U.S.) per GoldUSA token. This is a 30-per-cent discount to $6.50 (U.S.) value per token, based on $1,300 (U.S.) per ounce gold price.

Further general details of the STO, are as follows:

Exposure to gold-asset-backed token. Each GoldUSA token represents one-200th ounce of gold;
Minimum subscription: 2,500 GoldUSA tokens;
Purchase methods accepted: fiat currencies, Ethereum and Bitcoin;
For whitepaper, frequently asked questions, and other considerations, visit the company’s website;
For subscription, visit the company’s website;
GoldUSA ERC20 security token Etherscan technical details are available on-line.

Considerations and risks

An investment in the GoldUSA tokens offered via this STO should be considered speculative due to various factors, including the nature of the industry in which the company operates. Risk factors relating to the company are discussed in certain public disclosures of the company, which are available for review on the company’s SEDAR profile. Risk factors should be carefully reviewed and considered by an investor before a decision is made to invest in the GoldUSA tokens. Relevant considerations and risks associated with the STO are comprehensively detailed in a report available on the company’s website.

About Canamex Gold Corp.

Canamex is engaged in fast-tracking toward development of the Bruner gold development project in the prolific gold jurisdiction of Nye county, Nevada. The region is home to several producing and past-producing mines along the Walker Lane trend. Canamex completed a positive preliminary economic assessment on the Bruner gold development project in 2016. Based on additional drilling conducted on the property, the company completed an updated PEA in 2018, which increased the resources and improved the economics of the project.

Greg Hahn (CPG No. 7122), president and chief operating officer of the company, is the qualified person who has reviewed and approved all technical disclosures in this release.

https://canamexgold.com/news/