Launch of MetalStream & MSGLD Security Tokens

Labuan, Malaysia / 31 January 2020 - MetalStream Ltd (LL16561, “MetalStream”) is pleased to announce the launch of MSGLD security tokens (“MSGLD”) bringing the advantages of tokenisation to the global mining sector.

MetalStream is set to transform financing for junior miners through its innovative use of metal stream contracts and the tokenisation of gold to be delivered under these contracts, by its MSGLD security tokens issued on the Ethereum network. Security tokens represent the rights to assets and offer an immutable and auditable record of ownership via the blockchain. MSGLD are backed by and redeemable for certified gold bullion and are offered to purchasers at a discount of approximately 30% to the current spot price of gold.

Liquidity is intrinsic to the MetalStream model as security tokens are more easily stored and traded than physical gold. MSGLD can be traded 24x7 either directly or via a digital security exchange. The gold backing MSGLD is certified at a minimum fineness of 99.5% and is sourced from reputable and experienced mining companies operating in low-risk and regulated jurisdictions. MSGLD are fully compliant with all relevant securities laws and regulations.