Tickers: XOTC:CNMXF, XTSX:CSQ
Vancouver, Canada / TheNewswire / April 23, 2018 – Canamex Gold Corp. (the "Company" or "Canamex Gold") (TSX-V: CSQ, OTC: CNMXF, FSE: CX6) is pleased to announce that the Company has been accepted by the Canadian Securities Exchange (the "CSE") for its securities primary market listing in Canada. The effective date for the trading of securities of the Company on the CSE, and the ceasing of trading of its securities on the TSX Venture Exchange (the "TSX-V), is on or about 27th April 2018.
Comments by David Vincent, CEO of the Company:
"The Company seeks to utilize innovative royalty stream funding models, for precious metal asset backed crypto-tokens, trading and clearing on the Ethereum blockchain, for the purposes of funding gold and silver exploration and mine development. To effectively develop and then to deploy these new technologies and transformative market financing models, the Company should be listed on an exchange that welcomes and encourages entrepreneurship and innovation. The CSE meets these criteria, which is clearly demonstrated by its recent initiative, to develop Canada’s first platform for clearing and settling securities using blockchain technology. Furthermore, the CSE has a very competitive and attractive cost structure, compared to the TSX-V. Therefore, based on the innovation and entrepreneurship support offered by the CSE, as well as the future significant cost savings, the Board of the Company decided to move its securities primary listing from the TSX-V to the CSE. Shareholders of the Company should see considerable benefits resulting from this decision, both in the near-term and in the longer-term."
ON BEHALF OF THE BOARD
Chief Executive Officer and Director
Chairman of the Board
Contact: (604) 833-4278
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2018 TheNewswire – All rights reserved.