Gold Mine Sponsored Digital Asset Moria Token Launches on IDEX International Exchange
CENTRAL CITY, Colorado – (BUSINESS WIRE) –Moria Token (MOR), the world’s first ERC-20 compliant token sponsored by a US-based gold mine, today announced its launch on the trading platform IDEX.io, one of the most advanced decentralized cryptocurrency exchanges in the world. Members of the international community who register as IDEX clients can now trade Moria Token (MOR) on the IDEX international exchange.
The Moria Token (“Moria”) symbol MOR is an ERC-20 compliant token representing an interest in certain royalties generated by each of the Bates Hunter (“Bates”), Clay County Mine (“Clay”), Becker Bates (“Becker”), the Gregory-Bates (“Gregory”), the Black Eagle Mill (“Black Eagle”) and the Golden Gilpin Mill (“Gilpin”) in Colorado and any other mine or plant purchased or developed by GS Mining Company, LLC (collectively, the “Mines”).
Moria is the world’s only royalty token based on the production income of a mining company operating a gold mine in the United States. The token offers its holders the opportunity to earn commercial value from the tokens themselves, as well as royalties generated by the income from gold mining. Each Moria Token (MOR) is entitled to its pro rata share of royalty payments equal to the greater of 10% of the gross annual revenues generated by the Company, or a minimum of $ 0.20 per token per year.
“We are delighted that IDEX is listing Moria Token on its international exchange,” said Deborah King, CEO of GS Mining Company. “We were very impressed with IDEX’s customer support, the platform’s ease of use, forward-looking innovation and growth potential. We look forward to a long and successful relationship. We believe this will provide a means of liquidity for our international investors. It really is a golden opportunity. ”
“We are happy to partner with GS Mining Company and provide the MOR token with a safe place to trade,” said Alex Wearn, CEO of IDEX.
Operating on the Rocky Mountain frontier, GS Mining Company is a committed steward of the beautiful and historic communities of Central City and Black Hawk. Mining as an industry has historically been characterized by exploitation of the environment. We rewrite this story with every drop of water, every ton of soil and every ounce of gold we remove from the ground. The company’s mines and factories operate and maintain strict environmental, social and governance (ESG) principles. Investors can be confident that operations meet the world’s highest ethical and safety mining standards and have the confidence that mining and milling operations are conducted in an environmentally and ethically safe manner.
About GS Mining Company
GS Mining Company intends to profit from the location, rehabilitation and reopening of closed gold mines which the company believes may contain undeveloped gold deposits. The company has identified and acquired options on three of these mines and has entered into long-term leases on other mining properties. The Company continues to seek other similar opportunities. In each case, the company intends to make decisions based on existing historical records, the experience of company employees and experts, and geological reports.
Check out GS Mining Company’s 2020 Year-End Report and plan until 2021, visit:
See all the ESG standards:
Learn more about the Moria Token (MOR) and its royalty structure:
GS Mining Company, LLC (the “Company”) has no financial or legal interest in IDEX. The Company makes no representations or warranties regarding the safety, security, legality or desirability of doing business with IDEX or trading on any of the IDEX platforms. Token holders and investors are urged to conduct their own investigations and consult their own financial and legal advisers as to whether using the IDEX platform is desirable or appropriate for them. The Company has not yet produced any income and investors should be aware that they risk losing their entire investment.
CAUTION FOR THE PURPOSES OF SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES DISPUTES REFORM ACT, 1995
This report may be considered to contain “forward-looking” statements. We wish to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, and we include this statement for the express purpose of exercising the protections of this “safe harbor” with respect to all such forward-looking measures. statements. Examples of forward-looking statements include, but are not limited to (i) projections of income, income or loss, profit or loss per share, capital expenditures, growth prospects, dividends, capital structure and other financial items, (ii) statements of the plans and objectives of ours or our management or board of directors, including the introduction of new products or services, or estimates or forecasts of actions by customers, suppliers, competitors or regulatory authorities, (iii) statements of future economic performance and (iv) statements of assumptions underlying other statements and statements about us or our company.
Our ability to predict projected results or to predict the effect of any laws or other pending events on our results of operations is inherently uncertain. Therefore, we wish to caution every reader of the report to carefully consider specific factors, including competition for products, services, and technology; uncertainty associated with developing or obtaining rights to new products, services or technologies that will be accepted by the market; the effects of government regulations and other factors discussed here because these factors in some cases have affected; and the future (as well as other factors) could affect our ability to achieve our projected results and could cause actual results to differ materially from those expressed herein.
For more information, email [email protected], visit https://gsminingcompany.com/moria-token/ OR https://gsminingcompany.com/media/, follow GS Mining Company on Facebook (@GSMiningCompany), Twitter (@GSMiningCompany) and YouTube (@GSMiningCompanyLLC) and Moria Token on Facebook (@MORToken) and Twitter (@Moria_Token).