BitGold Inc. Announces CAD 51.9 Million Acquisition of GoldMoney.com
By GCRU Gold News on Friday, May 22 2015, 22:27 - Permalink
BitGold Inc. (TSX-V: XAU) (“BitGold”), a platform for savings and payments in gold, announces that it has entered into an Acquisition Agreement to purchase the operating and intellectual property assets of GoldMoney Network Limited (“GoldMoney”), subject to regulatory approvals and other customary closing conditions. With over CAD 1.5 billion in assets under vault management GoldMoney is among the world’s largest private managers of precious metal assets, renowned for its innovation and integrity in the gold market.