Santo Mining Corp. Announces Increase of Common Stock to Fund the Development of its Tamper Proof Subsidiary UNIQO
Santo Mining Corp. (the "Company"), (OTC:SANP) a blockchain software development company with its blockchain software development offices in Ho Chi Minh City Vietnam, today announced that its Board of Directors (the "Board") has amended its articles of incorporation and has increased the common share structure to (twenty billion) 20,000,000,000 shares.
The increase in the common shares will be utilized for the funding of the companys subsidiary UNIQO. UNIQO is a subsidiary of Santo Mining Corp., which focuses on Near Field Communication NFC technology applying Anti-tampering NFC Tags embedded into the blockchain under an ERC-1155 Non-Fungible Smart Contract NFT providing uniqueness to every label. The company will focus it products to the Cannabis and Cosmetic Industry, insuring anti-tampering, traceability, customer rewards and social media engagement.
Read more about UNIQO product and services: https://s3.amazonaws.com/content.otcmarkets.com/media/1952380665/INkyJowZynDyNxW/doc.pdf
Company CEO Frank Yglesias commented. The decision to increase the common shares was carefully analyzed; during the last few months I have been consulting various financial, legal and technical analysts to have road map to market the UNIQO product and services, which will be detail in the days and weeks to come. In a recent press release by Reportlinker they estimate that the Global Anti-Counterfeit Packaging Market size is expected to reach $199.6 billion by 2024, rising at a market growth of 12.2% CAGR during the forecast period.
Read the full report: https://www.prnewswire.com/news-releases/the-global-anti-counterfeit-packaging-market-size-is-expected-to-reach-199-6-billion-by-2024--rising-at-a-market-growth-of-12-2-cagr-during-the-forecast-period-300849265.html
About Santo Mining Corp.
We are a blockchain software development company with its software development offices in Ho Chi Minh City, Vietnam. The Company is focused on applications using Internet of Things IOT to interact on the blockchain. The company has interest in various hardware and software blockchain solutions including the development of ERC721 Non-Fungible Token Smart Contracts, in the blockchain collectables sector. The Company is aggressively finding opportunities to invest or acquire blockchain software development projects worldwide.
Mr. Franjose Yglesias