Canamex Gold Corp (CSE:CSQ, OTC:CNMXF) announced a decrease to the offer price of its previously announced security token offering (STO)
In May, the firm launched a placing to accredited investors GOLDUSA Ethereum ERC20 crypto tokens via a security token offering (STO).
It said Friday that the spot price of gold had dropped over the last month, so it had decided to decrease the STO subscription offer price for subscriptions received from 9 a.m. PT on Monday, 20 August 2018, to US$4 per GoldUSA token.
This maintains at least 30% discount to the current US$6 value per token, using US$1,200 per ounce spot gold price.
Canamex is fast-tracking towards the development of the Bruner gold development project in the prolific gold jurisdiction of Nye County, Nevada.