Business
Canada Gold to Become New Global Investment Company
(via Thenewswire.ca) May 29th, 2013 - Vancouver, British Columbia - Canada Gold Corporation...
About this update from South Star Battery Metals Corp
[{"type":"text","content":"Canada Gold to Become New Global Investment Company(via Thenewswire.ca)\n \n \nMay 29th, 2013 - Vancouver, British Columbia - Canada Gold Corporation (TSX.V: CI, Frankfurt: T9NB, OTC-BB: CNGZF) (the \"Company\") announces that pursuant to the Policy 5.2 - Changes of Business and Reverse Takeovers of the TSX Venture Exchange Corporate Finance Manual, the Company is changing its business from a Mining Issuer to an Investment Issuer to become a Canadian, publicly traded, global investment company, with offices located in Toronto, Vancouver, and Dubai (the \"COB Transaction\"). The Company will provide angel investors, venture capitalists, private technology based investment funds, sovereign funds, and the general investing public with a public vehicle through which these groups can participate in the joint venture, licensing, royalty stream acquisition, and equity investments of the Company in technology, food security and strategic infrastructure opportunities, sourced and facilitated through management's extensive global network in established and emerging markets.\n\n\n \nDescription of the Business\n\n\n \nThe nature of technological innovation is changing globally. While invention continues to be dominated by the technology clusters of the west, innovation and \"the innovation of invention\" are both rapidly emerging in the east: operating from very large, indigenous markets.\n\n\n \nIn parallel with this \"migration of innovation\" and the emergence of world-class invention in the east, many emerging and frontier nation states have committed to: (i) diversifying their existing industrial bases to develop and/or acquire knowledge-based companies and its related employment for their indigenous populations; (ii) increasing the security of their food and water supplies through the acquisition of new technologies and related joint ventures; and (iii) expanding key aspects of their strategic infrastructure to support new found resources and future growth (collectively defined by the Company as \"Aspirational Economies\"). Most of these Aspirational Economies have committed massive public funding towards developing, supporting, and accelerating each of these objectives, in addition to promoting localized technology entrepreneurship. \n\n\n \nSimply put, it is no longer the case that a great technology company from the west is the on...