BitGold (TSX-V:XAU), a platform for savings and payments in gold, will
host a conference call today to discuss the previously announced
acquisition and merger of GoldMoney.com. The conference call will begin
at 12:00 p.m. Eastern Time and will be hosted by BitGold founders Roy
Sebag and Josh Crumb joined by GoldMoney founders James Turk, Geoff
Turk, and Director Nahendra Naik. Slides related to the call will be
posted to the Company’s website at ir.bitgold.com prior to the call.
Conference Call Information:
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Date:
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Tuesday, May 26, 2015
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Time:
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12 p.m. Eastern time (5 p.m. GDT)
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Interested participants should join the live conference call 5 to 10
minutes before the scheduled start.
North American toll free dial-in: (888) 847-2288
Conference ID: 552 04 378
United Kingdom, London: 02086020818
United Kingdom, Other 1:
08000323836
United Kingdom, Other 2: 08000513806
Other international dial-in numbers can be found linked to ir.bitgold.com
About BitGold
BitGold’s mission is to make gold accessible and useful in digital
payments and secure savings. The BitGold platform provides innovative
solutions to the challenge of transacting with fully allocated and
securely vaulted gold. BitGold accounts are free and convenient to open
by anyone, anywhere* in just minutes. BitGold provides users with a
secure vault account to purchase gold using a variety of electronic
payment methods. The platform will also provide transaction capability
including: instant cross-border gold payments, merchant invoicing and
processing for gold, debit card spending of gold at traditional points
of sale, conversions to a customer's external digital-wallet or bank,
and physical gold redemptions. All physical gold acquired through the
platform is owned by the customer, stored in vaults administered by The
Brink’s Company, acting through Brink’s Global Vault Services
International, Inc. (“Brink’s”), which insures gold through third party
insurance providers.
BitGold is a Canadian corporation with offices in Toronto, Canada, and
Milan, Italy. BitGold has partnered with established professionals in
bullion dealing, vault security and web security, payment processing,
and is committed to best-practice systems for compliance with all
applicable laws and regulations regarding anti-money Laundering (“AML”)
and Know Your Customer (“KYC”).
*The BitGold Platform will not initially be available to U.S.
Residents and will be unavailable to residents of sanctioned countries
About GoldMoney
GoldMoney is a gold and precious metals vaulting business founded in
2001 by James Turk and Geoff Turk. GoldMoney offers an easy way to buy
gold, silver, platinum and palladium online and safely store for
customers these precious metals in five countries. It is GoldMoney’s
vision that the benefits and dependability of gold and silver should be
easily available to everyone, while providing its customers with
assurances of integrity so they know their money is safe.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. Neither
the TSX-V nor its Regulation Services Provider (as that term is defined
in the policies of the TSX-V) accepts responsibility for the adequacy of
this release.
Forward-Looking Statements
This news release contains certain “forward-looking information”
within the meaning of applicable Canadian securities laws that are based
on expectations, estimates and projections as at the date of this news
release. Any statements that involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always using
phrases such as “expects”, or “does not expect”, “is expected”,
“anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”,
“forecasts”, “estimates”, “believes” or “intends” or variations of such
words and phrases or stating that certain actions, events or results
“may” or “could”, “would”, “might” or “will” be taken to occur or be
achieved) are not statements of historical fact and may be
forward-looking information and are intended to identify forward-looking
information. 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: risk factors relating
to the acquisition of GoldMoney, being completion of satisfactory due
diligence, settlement of definitive documentation, satisfaction of
closing conditions, receipt of regulatory approvals and, generally, the
completion of the acquisition on the terms as described if at all; the
Company’s limited operating history; future capital needs and
uncertainty of additional financing; the competitive nature of the
industry; unproven markets for the Company’s product offering;
volatility of gold prices & public interest in gold investment; lack of
regulation and customer protection; the need for the Company to manage
its planned growth and expansion; the effects of product development and
need for continued technology change; protection of proprietary rights;
the effect of government regulation and compliance on the Company and
the industry; network security risks; the ability of the Company to
maintain properly working systems; foreign currency and gold trading
risks; use and storage of personal information and compliance with
privacy laws; use of the Company’s services for improper or illegal
purposes; global economic and financial market conditions; uninsurable
risks; and those risks set out in the Company’s public documents filed
on www.sedar.com.
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 revise or update any forward-looking
information other than as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150526005419/en/
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