Canamex increaes minimum subscription for GoldUSA token

May 25, 2018

2018-05-24 12:09 ET – News Release

Mr. David Vincent reports

GOLDUSA SECURITY TOKEN OFFERING MINIMUM SUBSCRIPTION INCREASE .

Canamex Gold Corp. has decided to increase the security token offering minimum subscription amount from 2,000 GoldUSA tokens to 25,000 GoldUSA tokens for valid subscriptions by accredited investors received from 9 a.m. PST on Thursday, May 24, 2018.

Further general details of the STO, are as follows:

Exposure to gold-asset-backed token at a substantial discount to the spot gold price;
Each GoldUSA token represents 1/200th of an ounce of gold;
Current offer price $4.125 (U.S.) per GoldUSA token, which is a 37-per-cent discount to $6.50 (U.S.) value per token, based on $1,300 (U.S.) per ounce gold price;
Minimum subscription: increased to 25,000 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.

ChainDelivery registered trademark

As previously advised, the company has signed agreements with Harmonychain AS, for Ethereum blockchain smart contract security tokens for gold and silver, as an alternative means of raising capital, potentially without equity dilution. The agreements secure the exclusive rights to various Ethereum token domain names, ticker codes, and associated smart contracts for gold and silver. The rights also extend to patents pending and trademarks associated with these security token financing models, including ChainDelivery royalty stream delivery.

ChainDelivery was approved as a registered trademark in Norway by Patentkontoret within blockchain technology on April 26, 2018. The Norwegian Industrial Property Office is part of the Patent Cooperation Treaty comprising 152 countries, including the United States and Canada. Approved applications will be awarded priority in subsequent applications in other Patent Cooperation Treaty Countries.

Harmonychain AS has four categories of patents pending and trademarks:

Mether and Bether commodity physical forwards tailored for commodity producers;
ChainDelivery royalty stream and physical delivery queue systems for commodity producers;
Security systems related to breach of blockchain security;
Transparency system.

David Vincent, chief executive officer, commented: “The recent approval of the ChainDelivery trademark further secures the company rights to security token financing models, asset-backed by royalty metals streams and physical delivery, developed for blockchain security token application. The security token financing models seek to achieve a financing paradigm shift within the gold and silver mining and minerals explorations sector, for Canadian listed companies.”

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.

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