Goldmoney Inc. Announces Completion of Continuance into the British Virgin Islands
Goldmoney Inc. (TSX: XAU) (US: XAUMF) has completed its continuation from the Business Corporations Act (British Columbia) to the British Virgin Islands (BVI) under the BVI Business Companies Act, effective September 20, 2024. The company's board believes this move will allow for more efficient capital returns to shareholders through dividends and share buybacks, as well as better capital allocation among subsidiaries in Canada and the UK.
Goldmoney's common shares will continue trading on the Toronto Stock Exchange (TSX), subject to TSX rules and policies. Effective September 26, 2024, the shares will trade under new CUSIP (G4001R104) and ISIN (VGG4001R1047) numbers. For more information, shareholders can refer to the management information circular dated August 6, 2024, available on SEDAR+ or by contacting the company's CFO.
Goldmoney Inc. (TSX: XAU) (US: XAUMF) ha completato la sua continuazione dalla Business Corporations Act (Columbia Britannica) alle Isole Vergini Britanniche (BVI) secondo il BVI Business Companies Act, con efficacia dal 20 settembre 2024. Il consiglio di amministrazione della società crede che questo spostamento consentirà un ritorno di capitale più efficiente per gli azionisti attraverso dividendi e riacquisti di azioni, nonché una migliore allocazione del capitale tra le filiali in Canada e Regno Unito.
Le azioni ordinarie di Goldmoney continueranno a essere negoziate sulla Borsa di Toronto (TSX), soggette alle regole e politiche della TSX. A partire dal 26 settembre 2024, le azioni saranno scambiate con nuovi numeri CUSIP (G4001R104) e ISIN (VGG4001R1047). Per ulteriori informazioni, gli azionisti possono fare riferimento al circolare informativa di gestione datata 6 agosto 2024, disponibile su SEDAR+ o contattando il CFO della società.
Goldmoney Inc. (TSX: XAU) (US: XAUMF) ha completado su continuación de la Business Corporations Act (Columbia Británica) a las Islas Vírgenes Británicas (BVI) bajo la BVI Business Companies Act, con efecto a partir del 20 de septiembre de 2024. La junta directiva de la compañía cree que este movimiento permitirá retornos de capital más eficientes para los accionistas a través de dividendos y recompra de acciones, así como una mejor asignación de capital entre sus subsidiarias en Canadá y el Reino Unido.
Las acciones ordinarias de Goldmoney continuarán cotizando en la Bolsa de Toronto (TSX), sujetas a las reglas y políticas de la TSX. A partir del 26 de septiembre de 2024, las acciones se negociarán bajo nuevos números CUSIP (G4001R104) y ISIN (VGG4001R1047). Para obtener más información, los accionistas pueden consultar el círculo de información de gestión fechado el 6 de agosto de 2024, disponible en SEDAR+ o contactando al CFO de la empresa.
Goldmoney Inc. (TSX: XAU) (US: XAUMF)는 브리티시컬럼비아(British Columbia) 법인법에서 영국령 버진 아일랜드(BVI)로의 계속 사업을 완료했습니다는 법안에 따라 2024년 9월 20일부터 효력이 발생합니다. 회사 이사회는 이번 결정이 주주에게 더 효율적인 자본 환수를 통해 배당금과 자사주 매입을 제공하고, 캐나다 및 영국 내 자회사의 자본 배분을 더욱 개선할 것이라고 믿고 있습니다.
Goldmoney의 보통주식은 토론토 증권 거래소(TSX)에서 계속 거래될 것입니다, TSX 규칙 및 정책에 따라. 2024년 9월 26일부터, 주식은 새로운 CUSIP(G4001R104) 및 ISIN(VGG4001R1047) 번호로 거래될 것입니다. 자세한 정보는 주주가 2024년 8월 6일에 발행된 경영 정보 순환 공지서를 참조하시거나 회사 CFO에게 문의하여 확인할 수 있습니다.
Goldmoney Inc. (TSX: XAU) (US: XAUMF) a achevé sa continuité de la Loi sur les sociétés commerciales (Colombie-Britannique) aux Îles Vierges Britanniques (BVI) sous la Loi sur les sociétés commerciales des BVI, à compter du 20 septembre 2024. Le conseil d'administration de l'entreprise pense que ce mouvement permettra des retours de capital plus efficaces aux actionnaires par le biais de dividendes et de rachats d'actions, ainsi qu'une meilleure allocation de capital entre les filiales au Canada et au Royaume-Uni.
Les actions ordinaires de Goldmoney continueront d'être négociées à la Bourse de Toronto (TSX), sous réserve des règles et politiques de la TSX. À partir du 26 septembre 2024, les actions seront négociées sous de nouveaux numéros CUSIP (G4001R104) et ISIN (VGG4001R1047). Pour plus d'informations, les actionnaires peuvent se référer à la circulaire d'information à la direction datée du 6 août 2024, disponible sur SEDAR+ ou en contactant le CFO de l'entreprise.
Goldmoney Inc. (TSX: XAU) (US: XAUMF) hat seine Fortführung von dem Business Corporations Act (British Columbia) zu den Britischen Jungferninseln (BVI) gemäß dem BVI Business Companies Act abgeschlossen, mit Wirkung zum 20. September 2024. Der Vorstand des Unternehmens ist der Meinung, dass dieser Schritt effizientere Kapitalrückflüsse für die Aktionäre durch Dividenden und Aktienrückkäufe und eine bessere Kapitalallokation zwischen den Tochtergesellschaften in Kanada und dem Vereinigten Königreich ermöglichen wird.
Die Stammaktien von Goldmoney werden weiterhin an der Toronto Stock Exchange (TSX) gehandelt, vorbehaltlich der Regeln und Richtlinien der TSX. Ab dem 26. September 2024 werden die Aktien unter neuen CUSIP- (G4001R104) und ISIN- (VGG4001R1047) Nummern gehandelt. Für weitere Informationen können die Aktionäre auf das am 6. August 2024 datierte Informationsrundschreiben der Geschäftsführung verweisen, das auf SEDAR+ verfügbar ist oder den CFO des Unternehmens kontaktieren.
- Potential for more efficient capital returns to shareholders
- Improved ability to allocate capital among subsidiaries in Canada and UK
- Continued listing on Toronto Stock Exchange, maintaining market presence
- None.
Toronto, Ontario--(Newsfile Corp. - September 23, 2024) - Goldmoney Inc. (TSX: XAU) (US: XAUMF) ("Goldmoney" or the "Company") is pleased to announce that further to its news released dated August 16, 2024, it has completed the continuation (the "Continuation") of the Company's charter from the Business Corporations Act (British Columbia) to the jurisdiction of the British Virgin Islands ("BVI") under the BVI Business Companies Act (As Revised), effective September 20, 2024.
Goldmoney's board of directors believes that the Continuation is in the best interest of the Company. Continuing into the BVI will permit the Company to more efficiently return capital to shareholders by way of dividends and share buybacks while also allowing the Company to allocate and distribute capital among its subsidiaries in both Canada and the United Kingdom.
The common shares (the "Shares") of the Company will continue to be listed on the Toronto Stock Exchange ("TSX") after the Continuation, and as such the Company's Shares will remain subject to the rules and policies of the TSX. The Company expects that effective at the market open on September 26, 2024, the Shares of the Company will trade on the TSX under the new CUSIP and ISIN numbers of G4001R104 and VGG4001R1047, respectively.
For further information related to the Continuation, please refer to the management information circular dated August 6, 2024 and filed on SEDAR+ under the Company's profile or contact the Company's Chief Financial Officer for a copy of the same:
Sean Ty
Chief Financial Officer
Goldmoney Inc.
+1 647 250 7098
About Goldmoney Inc.
Goldmoney Inc. (TSX: XAU) specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. Goldmoney also maintains diversified interests in property investment and jewelry manufacturing. For more information about Goldmoney, visit goldmoney.com.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Forward-Looking Statements
This news release contains or refers to certain forward-looking information. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "may", "potential" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. All information other than information regarding historical fact, which addresses activities, events or developments that Goldmoney Inc. believes, expects or anticipates will or may occur in the future, is forward-looking information. Forward-looking information does not constitute historical fact but reflects the current expectations of the Company regarding future results or events based on information that is currently available. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking information will not occur. Such forward-looking information in this release speak only as of the date hereof.
Forward-looking information in this release includes, but is not limited to, timing of the listing of the Shares under the new CUSIP/ISIN and potential or predicted effects on the Company of the Continuation. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: the Company's operating history; history of operating losses; future capital needs and uncertainty of additional financing; fluctuations in the market price of the Company's Shares; the effect of government regulation and compliance on the Company and the industry; legal and regulatory change and uncertainty, whether in the BVI or elsewhere; jurisdictional factors associated with international operations; foreign restrictions on the Company's operations; product development and rapid technological change; dependence on technical infrastructure; protection of intellectual property; use and storage of personal information and compliance with privacy laws; network security risks; risk of system failure or inadequacy; the Company's ability to manage rapid growth; competition; the ability to identify opportunities for growth internally and through acquisitions and strategic relationships on terms which are economic or at all; the ability to identify and complete the acquisition of suitable real estate investment opportunities on terms which are economic or at all; effectiveness of the Company's risk management and internal controls; use of the Company's services for improper or illegal purposes; uninsured and underinsured losses; theft & risk of physical harm to personnel; precious metal trading risks; and volatility of precious metals prices & public interest in precious metals investment; and those risks set out in the Company's most recently filed annual information form, available on SEDAR+. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224243
FAQ
When did Goldmoney Inc. (XAUMF) complete its continuation to the British Virgin Islands?
What are the new CUSIP and ISIN numbers for Goldmoney Inc. (XAUMF) shares after the continuation?
How will the continuation to BVI affect Goldmoney Inc. (XAUMF) shareholders?
Will Goldmoney Inc. (XAUMF) shares continue to trade on the Toronto Stock Exchange after the continuation?
