RATE Group | Canamex Gold Corp launches new silverUSA Ethereum token offering
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Canamex Gold Corp launches new silverUSA Ethereum token offering

03 Oct Canamex Gold Corp launches new silverUSA Ethereum token offering

Posted at 19:27h in Ethereum News by

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() said it had launched a new security token offering (STO) – of silverUSA Ethereum ERC20 tokens.


This is the first time ever that a silver-asset-backed security token, deployed on a block chain, has been offered by a North American  Exchange lised public company, it said.


The initial offering to accredited investors is for SILVERUSA tokens is at a 30% discount to the spot silver price.


The minimum subscription is for 500 SILVERUSA Tokens or US$2,500


Each token is an interest in half an ounce of silver at the initial token price of US$5 per token.


“Our company has seen the significant scaling potential for this innovative financing technique because of its sheer simplicity for creating win-win situations for all the stakeholders and investors involved,” said David Vincent, the chief executive of Canamex.


“This innovative crypto-token royalty streaming model provides far more value, transparency, better terms and conditions and better…

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