Canamex Gold Corp. Announces GOLDUSA (symbol GOLD) Security Token Offering (STO)

About this update from Canamex Gold Corp

[{"type":"text","content":"Canamex Gold Corp. Announces GOLDUSA (symbol GOLD) Security Token Offering (STO)(via TheNewswire)\n \n \nMay 09, 2018 / TheNewswire / Vancouver, Canada - Canamex Gold Corp. (the \"Company\" or \"Canamex\") (CSE: CSQ) is pleased to announce that it will be shortly launching a non-brokered private placement to accredited investors, via an initial Security Token Offering (\"STO\"). It is anticipated that this initial STO will provide the financing to complete mine permitting and development work, to a shovel-ready stage (production decision and construction financing), at the Bruner Gold Project in Nevada. Further general details of the proposed STO and further initiatives proposed by the Company, are as follows:\n\n\n \nSecurity Token Offering (STO)\n\n\n \n\n\n- Initial STO for GOLDUSA Tokens starting at 40% discount to the spot gold price\n\n\n\n- Exposure to gold-backed token, starting at $US 800 per oz instead of approx. $1350 per oz spot price\n\n\n\n- Each token is an interest in 1/200 oz gold and initial token price is only $US 4.00 per token\n\n\n\n- This is 40% discount to $US 6.75 value per token, based on $US 1350 per oz spot gold price\n\n\n\n- Minimum subscription: 2000 GOLDUSA Tokens\n\n\n\n- Purchase methods accepted: Fiat currencies, Ethereum (ETH) and Bitcoin (BTC)\n\n\n\n\n \nThis pricing is for a limited time from the launch date. After that date, the Company reserves the right to increase the initial STO subscription offer price in accordance with the following indicative schedule, or earlier depending on demand:\n\n \n\nWeek from the Launch Date\n\n\n\n\nOffer Price\n\n\n\n\nOffer Price\n\n\n\n\nSpot premium\n\n\n\n\nOffer Price\n\n\n \n\n\nper token\n\n\n\n\nper oz.\n\n\n\n\nto Offer Price\n\n\n\n\nDiscount to Spot\n\n\n\n\nWeek 0\n\n\n\n\n USD 4.000 \n\n\n\n\n USD 800 \n\n\n\n\n69%\n\n\n\n\n41%\n\n\n\n\nWeek 1\n\n\n\n\n USD 4.125 \n\n\n\n\n USD 825 \n\n\n\n\n64%\n\n\n\n\n39%\n\n\n\n\nWeek 2\n\n\n\n\n USD 4.250 \n\n\n\n\n USD 850 \n\n\n\n\n59%\n\n\n\n\n37%\n\n\n\n\nWeek 3\n\n\n\n\n USD 4.375 \n\n\n\n\n USD 875 \n\n\n\n\n54%\n\n\n\n\n35%\n\n\n\n\nWeek 4\n\n\n\n\n USD 4.500 \n\n\n\n\n USD 900 \n\n\n\n\n50%\n\n\n\n\n33%\n\n\n\n\nWeek 5\n\n\n\n\n USD 4.625 \n\n\n\n\n USD 925 \n\n\n\n\n46%\n\n\n\n\n31%\n\n\n\n\nWeek 6\n\n\n\n\n USD 4.750 \n\n\n\n\n USD 950 \n\n\n\n\n42%\n\n\n\n\n30%\n\n\n\n\nWeek 7\n\n\n\n\n USD 4...

More updates from Canamex Gold Corp