GYA Endorsements A-GO-GO!!! Comments by Alan Carter, CEO of Cabral Gold Inc
"We are excited to be part of this initiative which offers the potential for a new and exciting means of funding junior resource companies such as ours. This innovative approach has the potential of mitigating the effect of dilution for early stage start up resource companies, and provides investors with a unique crypto-token offering backed by gold and/or silver".
Comments by Michael Bennett, CEO and President Altamira Gold Corp
"Altamira is extremely happy to be a founding member of this alliance, a brilliant initiative which lends well to the future financing for the most advanced of our projects, the Cajueiro Project. Financing of this nature with a crypto-token offering backed by gold, will facilitate acceleration of start-up on mining operations and strengthen junior resource companies by reducing dilution."
Comments by Greg Hahn, CEO and President of Arizona Silver Exploration Inc
"I believe the ability to sell asset-backed tokens will open up new funding opportunities for companies with significant resources in the ground, and allow them to advance those projects to development and production while minimizing dilution to shareholders".
CORPORATE REVIEW
Recently Announced C$3.2 Million Strategic Investment
Gold Mountains Asset Management Limited ("GMA"), a wholly-owned subsidiary of Zijin Mining Group ("Zijin"), has agreed to make a strategic investment in the Company. The investment will be completed by Zijin Global Fund and Zijin Midas Exploration Fund LLC, both managed by GMA.
Zijin is a publicly- listed company that trades on the Shanghai and Hong Kong Stock Exchanges with a current market capitalization of C$18 billion. With extensive interests across a broad range of commodities, it is the largest gold producer in China and one of the most well-capitalized, experienced and successful miners in the world.
Proceeds from the investment will be used to advance the Company's flagship Marudi Gold Project in Guyana, South America. The investment will allow the Company to fund its ongoing multi-phase exploration program at Marudi, involving up to 10,000 metres of diamond drilling and 12,000 metres of trenching.
This strategic investment is completely independent of the Alliance and not connected to it in any manner.
Exploration Program: Phase One - Currently Underway