Canamex Gold signs MOU with Malta Digital Exchange
2018-10-29 10:47 ET – News Release
Mr. David Vincent reports
MEMORANDUM OF UNDERSTANDING MALTA DIGITAL EXCHANGE
Canamex Gold Corp. has executed a memorandum of understanding with Malta Digital Exchange Holdings PLC (MDXH), a public company incorporated in Malta.
MDXH intends to establish and operate a multilateral trading facility, the Malta Digital Exchange (MDX), a secondary market exchange platform that would allow the trading of securities in the form of tokens using cryptographic encryption.
MDX will be a multiasset digital exchange that focuses on virtual financial assets and security tokens.
As advised in prior press releases, Canamex is in the process of issuing, through non-brokered private placements to accredited investors, security tokens backed by gold and silver royalties and metal streams (GoldUSA tokens and SilverUSA tokens).
Canamex is now exploring the possibility to list and admit to trading these GoldUSA tokens and SilverUSA tokens on the MDX. The memorandum of understanding enables MDX to advise and collaborate with Canamex, with regard to the listing and the potential trading of the GoldUSA tokens and SilverUSA tokens on the MDX platform, subject to the satisfaction of the admissibility requirements. The memorandum of understanding is non-binding, and will provide the cornerstone and structure for any and all possibly impending binding contracts between the parties.
About Canamex Gold Corp.
Canamex Gold is a publicly listed company registered in British Columbia, Canada, trading on the Canadian Securities Exchange, and is engaged in predevelopment of the Bruner gold and silver project in the prolific gold jurisdiction of Nye county, Nevada. The second asset is the Silverton property, a gold exploration project, in Nevada, which has geological similarities to the Long Canyon deposit in Nevada being mined by Newmont Mining. The company has signed an agreement with Harmonychain AS for Ethereum blockchain cryptographic security tokens , asset backed by gold and silver royalties and metal streams, as an alternative means of raising capital, potentially without equity dilution.
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.