GOLDUSA and SILVERUSA Security Tokens Digital Securities Offer Board
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
#804 – 750 West Pender Street, Vancouver, BC, V6C 2T7
T: 604.682.2928 / F : 604.685.6905 / W: www.canamexgold.com
CANAMEX GOLD CORP.
NEWS RELEASE
GOLDUSA and SILVERUSA Security Tokens
DIGITAL SECURITIES OFFER BOARD
Vancouver, British Columbia / February 1, 201 9 - Canamex Gold Corp. (the “ Company” or
“Canamex”) (CSE: CSQ) announces that further to the Company’s news release of January 21st 2019, the
Company’s GOLDUSA and SILVERUSA Security Token Offerings, are now also being offered to
accredited investors, via a primary market Digital Securities Offer Board.
The Digital Securities Offer Board is provided by New D awn Capital Pty Ltd ( “New Dawn”), trading as
Vestabyte Securities (“Vestabyte”). Vestabyte deals primarily in digital securities and provides an online
primary market offering platform for issuers. The platform is operated by New Dawn ( website) who are
an experienced finance firm operating in the block-chain finance sector.
Visit the Vestabyte Digital Securities Offer Board in order to find out more information about the
GOLDUSA and SILVERUSA Security Token Offerings, key details of the offerings being as follows:
• GOLDUSA Tokens offered at about 30% discount to the current spot gold price
• Exposure to gold-backed ERC20 crypto-tokens on the Ethereum blockchain
• Each token is an interest in 1/200 oz gold at offer price of $US 4.50 per token
• This is about 30% discount to $US 6.50 value per token, based on $US 1300/oz gold price
• Minimum subscription: 500 GOLDUSA Tokens or $US 2,250
• Purchase methods accepted: $USD or $CAD fiat, Ethereum (ETH) or Bitcoin (BTC)
• For GOLDUSA whitepaper and other information refer to: https://canamexgold.com/sto/
• For online subscription refer to: https://ezclosing.ca/private-placements/canamex-goldusa/
• SILVERUSA Tokens offered at about 35% discount to the current spot silver price
• Exposure to silver-backed ERC20 crypto-tokens on the Ethereum blockchain
• Each token is an interest in 1/2 oz silver at offer price of $US 5.00 per token
• This is about 35% discount to $US 8.00 value per token, based on $US 16/oz silver spot price
• Minimum subscription: 500 SILVERUSA Tokens or $US 2,500
• Purchase methods accepted: $USD or $CAD fiat, Ethereum (ETH) or Bitcoin (BTC)
• For SILVERUSA whitepaper and other information refer to: https://canamexgold.com/sto/
• For online subscription refer to: https://ezclosing.ca/private-placements/canamex-silverusa/
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Other Considerations
The Company reserves the right to increase the subscription offer price, if gold or silver prices increase
during the offer period. It is anticipated that th ese STOs will provide additional financing to complete
mine permitting and development work, to a shovel -ready stage (production decision and construction
financing), at the Bruner Gold and Silver Project in Nevada. The amount being targeted by the Company
for these offerings is up to $US 10 million.
Risk Disclosures
Equity Interest
The GOLDUSA and SILVERUSA tokens do not give the token holder any equity or other interest in the
Company equivalent to a holder of common shares including, for greater certainty, a right to participate in
the profits or the distribution of assets of the Company, nor any voting rights in any meeting of the
security holders of the Company. A holder of a token is only entitled to delivery of gold or silver, on
request, pursuant to the terms of the token offering. The Company will receive cash for th ese token
offerings, and will have an obligation to meet gold delivery requests, but only after commercial
production is achieved.
The Bruner Project
As the Company is still in the development ph ase with its Bruner Gold and Silver Project, in Nevada. It
has yet to produce any gold or other resources. The Company has not yet made a production decision, and
is raising capital to advance the project through permitting and feasibility, the results of which are
anticipated to support a production decision upon completion. Whilst the 2018 updated PEA is positive,
and recommends advancing the project through permitting and feasibility, it is based upon mineral
resources only, and not mineral reserves. The results of a feasibility study may differ from the results of
the PEA. Therefore, GOLDUSA and SILVERUSA tokens linked to the production of such mineral
resources is speculative, as there is no definitive time horizon in which commercial production of such
resources could commence; given that there is no definitive feasibility study demonstrating economic
production.
Equity Holders
The tokens effectively will be long -term royalty interest s on the Bruner Project, which will require the
delivery of gold or silver, if or when commercial production is achieved. Holders or potential purchasers
of common shares of the Company should be aware that a token holder will receive gold or silver, if or
when commercial production is achieved and after redemptions of gol d or silver are satisfied, the
Company could sell any remaining resources available.
Accounting
Companies continue to look to alternative sources of finance and creative deal structures for growth and
funding. These have included joint arrangements, dive stments, mergers, streaming, royalty deals and
offtake-linked pre-financing. New investment vehicles have emerged in this alternative finance space to
take advantage of investor demand for commodity exposures and the companies’ demand for funding.
Alternative finance, by its nature innovative and deal specific, does not find a natural ‘home’ in the IFRS
accounting standards. Each arrangement is unique and there is no ‘one size fits all’. There is no ‘industry
guidance’ in IFRS that sets out the accounting f or these structures. The legal form of the GOLDUSA and
SILVERUSA token offering is a contract to buy a non -financial item, the specified commodity, which in
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this case is gold. Contracts to buy or sell non - financial items are normally considered executory
contracts and are outside the scope of the financial instruments guidance.
The settlement is in gold bullion, but is contingent on successful commercial production from the Bruner
project, and there is no compensation if development is unsuccessful. There fore, this is like a royalty
model, but different in that there is no percentage of production acquired via a royalty arrangement, but a
fixed volume of production that is acquired, via the tokens. A token holder’s right to delivery is
dependent on successful development of the mine and extraction of minerals specific to the property, like
a royalty.
The Company can be deemed to sell a proportion of resources, because a defined quantity of resources
will be transferred to the token holder s from the Bruner project. Settlement is based on gold and silver
bullion delivery and not net income, so the token holder’s entitlement basically represents a portion of
volume of production.
A token holder has no contractual right to enforce development of the mine. A t oken holder has no
contractual rights if the other party fails to develop the mine and does not start production. Therefore, the
token holder is exposed to risks that would not be typical in a financial instrument.
The value of the tokens relates directl y to the value of gold and silver, and fluctuations in the price
of gold and silver, could materially affect an investment in the tokens
Even if the tokens are held for the long -term, that may not result in a profit, since gold markets have
historically experienced extended periods of flat or declining prices, in addition to sharp fluctuations. In
addition, there is no assurance that gold will maintain its long - term value in terms of purchasing power.
If the price of gold declines, the Company expects the value of the tokens to decline.
Gold and silver bullion is traded internationally and its price is generally quoted in U.S. dollars. The price
of the tokens will depend on, and typically fluctuate with, the price fluctuations of gold and silver. The
price of gold and silver may be affected at any time by many international, economic, monetary and
political factors, many of which are unpredictable.
Changing tax, royalty, land and mineral ownership and leasing regulations in gold producing countries
can h ave an impact on market functions and expectations for future gold supply. This can affect both
share prices of gold mining companies and the relative prices of other commodities, which are
competitive factors that may affect investor decisions in respect of investing in the tokens.
Prospective purchasers need to independently determine the suitability of investing in security
tokens
Prospective purchasers should determine whether an investment in security tokens is appropriate in their
circumstances and should consult with their legal, business and tax advisors in evaluating the
consequences of an investment in the tokens. An investment in tokens is only suitable for investors who:
(i) have the requisite knowledge and experience in financial and business matters to evaluate the merits
and risks of an investment in security tokens; (ii) have access to, and knowledge of, appropriate analytical
tools to evaluate such merits and risks in the context of their financial situation; and (iii) can bear the
potential economic risks of any investment in the tokens.
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About Canamex Gold Corp.
Canamex Gold Corp. is a public listed company registered in British Columbia, Canada, trading on the
Canadian Securities Exchange (CSE), and is engaged in pre -development of the B runer gold and silver
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 (PEA) on the B runer 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. Canamex is now moving the Bruner project forward into
permitting and development on the strength of this positive updated PEA. 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. T he 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. Th e agreement secures the exclusive rights to various Ethereum cryptographic token domain
names and ticker codes, for gold and silver. The rights also extend to patents pending and trademarks
associated with these security token financing models . Canamex has signed an MOU with Malta Digital
Exchange, to collaborate on the possibility of listing GOLDUSA and SILVERUSA security tokens on a
secondary market. Further information is available at https://canamexgold.com/
ON BEHALF OF THE BOARD
David Vincent
CEO and Director
Mike Stark
Chairman of the Board
604.833.4278
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act
of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S.
persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any secu rities.
Any public offering of securities in the United States must be made by means of a prospectus containing detailed information
about the company and management, as well as financial statements.