Phigold UK Plc
Mining & Metals - London, England, United Kingdom
Phigold UK Plc Employees
Phigold UK Plc Details
We are innovating mining finance by digitising our gold resources and creating an instrument for crypto investors. BENEFITS OF THE PHIGOLD COIN (SYMBOL "PGX")• The Phigold Coin is a digital coin designed as a GOLD BASED COIN offered at a discount to the price of gold.• The Coin is initially based on the Company's gold resource.• 1,540,000 PhiGold Coins have been issued which represents approximately 5% of the Company's Total estimated gold resource in the Phigold Barobo concession and further defined in Part 6 of the Offer Document. The Company will allocate 50% of net monthly cash flow from mining operations to the Cash Custodian Account. Over time the Coins will progress from being based on the gold resource to being based on gold bullion.• The Coin Offering will enable Phigold to move from test mining to commercial mining, while giving potential price appreciation, a new payment tool and a store of value to the initial adopters of the Coins.• The Phigold Coin is offered at a discount to the price of gold and is expected to have stability and potential price appreciation.• Unlike the issuers of other gold linked coins currently on the market, Phigold has the benefit of directly OWNING ITS GOLD RESOURCE concession, the benefit of a COMPETENT PERSON REPORT on the resource and the benefit of PRIOR MINING and extraction and refining of gold.
