SELLS NET SMELTER ROYALTY FOR GOLDUSA SECURITY TOKEN
Lithia, Florida – (August 28, 2018) American International Ventures, Inc., ("AIVN") AIVNPK entered into an agreement with Canamex Gold Corp., for the purchase of the 1.5% Net Smelter Royalty held by AIVN on the Bruner Gold Development Project, in Nevada USA.
Robert G. Polce, CEO of American International Ventures, Inc., stated: "Canamex is purchasing the Net Smelter Royalty held by AIVN on the Bruner Gold Project for $450,000 USD. AIVN has agreed to be paid by Canamex issuing to AIVN 112,500 GOLDUSA SECURITY TOKENS (Ethereum Crypto Token ER20) at a price of $4.00 per SECURITY TOKEN (200 GOLDUSA TOKENS equal 1oz of .9999 Gold) as full consideration for an early buyback. The GOLDUSA SECURITY TOKENS issued to AIVN will be subject to a 4-month 1-day escrow period in accordance with National Instrument 45-102. This is the first time in history that a token has been backed by the future delivery of physical GOLD, as opposed to other tokens which are historically hypothecated on abstract commodity values and/or concept value. We believe that Tangible Asset Backed Security Tokens are the future of precious metals mining finance.”
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