Goldmoney Inc. Announces Update of Distribution of Menē Inc. (TSXV:MENE)
26 Novembro 2018 - 10:30AM
Business Wire
Goldmoney Inc. (TSX:XAU) (“Goldmoney”), a precious metal
financial service and technology company, announced today an update
on the pro rata distribution of Menē Inc. Class B subordinate
voting shares to Goldmoney shareholders, as previously announced on
November 14, 2018. The details of the distribution are summarized
below:
Issuer: Goldmoney Inc. (“Goldmoney”) Security: Common
shares Issuer’s symbol:
XAU Transaction:
Goldmoney will distribute to its shareholders on a pro rata basis
3.99 million Class B subordinate voting shares of Menē Inc. (the
“Menē Shares”), a TSX Venture listed company (Symbol: MENE) or
approximately 0.05195 of a Menē Share for each common share of
Goldmoney held as of close of business on the record date. Record
date: November 30, 2018 Ex-distribution date:
November 29, 2018 Payable date: December 7, 2018 Fractional
entitlement: Fractional Shares of Menē will be rounded down
to the nearest whole number.
About Goldmoney Inc.
Goldmoney Inc., a financial service company traded on the
Toronto Stock Exchange (TSX:XAU), is a global leader in precious
metal investment services and the world’s largest precious metals
payment network. Safeguarding nearly $2 billion in assets for
clients located in more than 150 countries, Goldmoney is focused on
a singular mission to make precious metals-backed savings
accessible to all. Powered by Goldmoney’s patented technology, the
Goldmoney® Holding is an online account that enables clients to
invest, earn, or spend gold, silver, platinum, palladium and
cryptocurrencies that are securely stored in insured vaults in
seven countries. All bullion assets are fully allocated and
physically redeemable property. Goldmoney Wealth Limited is
regulated by the Jersey Financial Services Commission (JFSC) as a
Money Services Business. Goldmoney Network is a reporting entity to
the Financial Transactions and Reports Analysis Centre of Canada
(FINTRAC), and is registered with the Financial Crimes Enforcement
Network (FinCEN) in the U.S. For more information about Goldmoney,
visit goldmoney.com.
Forward-Looking Statements
This news release contains or refers to certain forward-looking
information. Forward-looking information can often be identified by
forward-looking words such as “anticipate”, “believe”, “expect”,
“plan”, “intend”, “estimate”, “may”, “potential” and “will” or
similar words suggesting future outcomes, or other expectations,
beliefs, plans, objectives, assumptions, intentions or statements
about future events or performance. All information other than
information regarding historical fact, which addresses activities,
events or developments that the Goldmoney Inc. (the “Company”)
believes, expects or anticipates will or may occur in the future,
is forward looking information. Forward-looking information does
not constitute historical fact but reflects the current
expectations the Company regarding future results or events based
on information that is currently available. By their nature,
forward-looking statements involve numerous assumptions, known and
unknown risks and uncertainties, both general and specific, that
contribute to the possibility that the predictions, forecasts,
projections and other forward-looking information will not occur.
Such forward-looking information in this release speak only as of
the date hereof.
Forward-looking information in this release includes, but is not
limited to, statements with respect to: service times for
transactions on the Goldmoney network; growth of the Company’s
business, expected results of operations, and the market for the
Company’s products and services and competitive conditions. This
forward-looking information is based on reasonable assumptions and
estimates of management of the Company at the time it was made, and
involves known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the Company to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking information. Such factors include, among others:
the Company’s operating history; history of operating losses;
future capital needs and uncertainty of additional financing;
fluctuations in the market price of the Company’s common shares;
the effect of government regulation and compliance on the Company
and the industry; legal and regulatory change and uncertainty;
jurisdictional factors associated with international operations;
foreign restrictions on the Company’s operations; product
development and rapid technological change; dependence on technical
infrastructure; protection of intellectual property; use and
storage of personal information and compliance with privacy laws;
network security risks; risk of system failure or inadequacy; the
Company’s ability to manage rapid growth; competition;
effectiveness of the Company’s risk management and internal
controls; use of the Company’s services for improper or illegal
purposes; uninsured and underinsured losses; theft & risk of
physical harm to personnel; precious metal trading risks; and
volatility of precious metals prices & public interest in
precious metals investment; and those risks set out in the
Company’s most recently filed annual information form, available on
SEDAR. Although the Company has attempted to identify important
factors that could cause actual results to differ materially, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. The Company undertakes no obligation
to update or revise any forward-looking information, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20181126005109/en/
Media and Investor Relations Inquiries:Renee WeiDirector
of Global CommunicationsGoldmoney
Inc.renee.wei@goldmoney.comorSteve FrayChief Financial
OfficerGoldmoney Inc.+1 647-499-6748
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