Canamex Gold Corp (CSE:CSQ, OTC:CNMXF) has announced an increase to the offer price of its previously announced security token offering (STO).
As reported, the firm launched a placing to accredited investors GOLDUSA Ethereum ERC20 crypto tokens via a security token offering (STO).
It has now elected to increase the STO subscription offer price for subscriptions received from Monday, July 9 this year to US$ 4.50 per GOLDUSA token (previously US$4.25).
This is a 30% discount to US$6.50 value per token, based on US$1,300 per ounce gold price, the firm said.
Canamex Gold shares were unchanged in Toronto at C$0.105.