Thursday, May 14, 2015

BitGold Inc. - XAU.v

BitGold - XAU.V is advancing the digital payments revolution by helping people securely acquire, store, and now spend gold with unprecedented simplicity.

The company provides users with a secure vault account to purchase and hold gold, the ability to make and receive instant gold payments, and a debit card for spending gold at traditional points of sale.





On May 12, 2015 the company released News

BitGold Inc. (TSX-V: XAU) (“BitGold” or the “Company”), a platform for savings and payments in gold, is pleased to announce that it has completed the previously announced amalgamation with Loma Vista Capital Inc. The common shares of BitGold are scheduled to commence trading on the TSX Venture Exchange on Wednesday, May 13th, 2015 under the trading symbol, XAU. The listing application describing BitGold has been filed on www.sedar.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”).







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