BITGOLD ANNOUNCES NAME CHANGE TO GOLDMONEY INC. PURSUANT TO AMALGAMATION WITH SUBSIDIARY
Toronto, Ontario (July 29, 2015) – BitGold Inc. (the ‘Company’) (TSX-V: XAU) announces that it will complete a vertical amalgamation with its wholly owned subsidiary, GoldMoney Inc., effective as of July 30, 2015. Following the amalgamation, the Company’s name will change from ‘BitGold Inc.’ to ‘GoldMoney Inc.’ The Company’s stock symbol on the TSX Venture Exchange will remain ‘XAU’. The CUSIP number assigned to the common shares of the Company following the name change is 38149A109.
About BitGold Inc. (to be GoldMoney Inc.)
BitGold Inc. (to be GoldMoney Inc.) is a global, full-reserve and gold-based financial services business. GoldMoney provides financial services as a trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney® the company offers precious metals custody, trading and execution, wealth management and research to individual investors and institutions. Through BitGold™ the company operates a self-directed savings platform and payments network allowing individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 150,000 customers from over 200 countries and $1.5 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. The JFSC is the main supervisory body that oversees and regulates Jersey’s large financial services industry. For more information on BitGold, visit bitgold.com. For more information on GoldMoney, visit ir.goldmoney.com.
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Co-founder and Chief Strategy Officer
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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