Cunningham Mining Ltd Announces Nugget Trap (RWA) Token Offering for 100M Units at $0.60 USD and Sets Focus on Tokenizing the Mining Industry
19 September 2024 - 4:18PM
Cunningham Mining Ltd is excited to announce the launch of its
Nugget Trap Token (NGT) offering, priced at $0.60 USD per token.
This innovative tokenization initiative aims to revolutionize the
mining sector by providing a new financing model for mining
operations by leveraging the Assets.
Real World Asset (RWA) tokens, such as the Nugget Trap Token,
provide a groundbreaking opportunity for investors to gain
ownership of tangible assets from the mining industry. By
digitizing commodities like precious metals and minerals, these
tokens offer a unique combination of stability and growth
potential. With this potential in digital friendly economy,
investors can capitalize on market fluctuations, offering both
flexibility and potential RWA tokens as they gain popularity, and
they are attracting a broader, more diversified audience.
Key Highlights:
• Issuance Size: 100,000,000 units for proceeds of
$60M USD
• Token Offering Price: $0.60 USD per Nugget Trap
Token (NGT)
• Purpose: To provide liquidity and financing
options for mining operations through tokenization
• Backing: The NGT token is backed by the Placer
Claim in-ground assets, including potential gold deposits and
physical gold in the BC Golden Triangle of the Nugget Trap Placer
Claim
Special Attachment: Spot Gold Price Feature
• In conjunction with the Nugget Trap Token offering,
Cunningham Mining Ltd is pleased to provide a special attachment
related to the current spot gold price. This attachment will offer
insights into the gold market trends and how they impact the value
of the Nugget Trap Token. Token holders are required to hold for
six months to activate the embedded offer.
Digital Asset: Nugget Trap Gold Placer Claim
The Nugget Trap Token is at the forefront of this paradigm
shift, transforming how stakeholders engage with real-world assets.
Backed by solid industry fundamentals, it represents an exciting
innovation in the digitization of physical assets, making the
mining industry more transparent, efficient, and accessible. As
blockchain technology continues to revolutionize industries, RWA
tokens are reshaping the investment landscape, offering a
compelling blend of real-world asset ownership and cutting-edge
financial innovation.
Link to white paper Tokenomics:
https://drive.google.com/file/d/1uoKgy5Ik1WI7Z4bIJqpGYnt8rAzgA7PJ/view?usp=sharing
CEO Statement: Ryan Cunningham, CEO of Cunningham Mining Ltd,
stated, “Our Nugget Trap Token offering represents a groundbreaking
approach to financing in the mining industry. By leveraging
blockchain technology, we are creating a platform that allows
mining companies to monetize their in-ground assets effectively.
This tokenization model not only provides liquidity but also offers
tangible value to token holders.”
About Cunningham Mining Ltd:
Cunningham Mining Ltd is a forward-thinking mining company
dedicated to transforming the mining sector through innovative
financing solutions. The company’s flagship project, the Nugget
Trap, is located in the Golden Triangle area of British Columbia
and is known for its significant gold deposits.
For more information, please visit Cunningham Mining Ltd’s
website. https://www.cunninghammining.com or
https://www.Nuggettrap.com for the white paper and Tokenomics
model.
Contact:
Cunningham Mining Ltd Ryan Cunningham, CEO Email:
info@cunninghammining.com
Ph:+1-833-344-4653
Note: The special attachment related to the spot gold price will
be available on our website and sent to all token holders.
For more details visit: https://www.cunninghammining.com/
https://nuggettrap.com/
Reach us at: info@nuggettrap.com
Follow for the latest updates:Cunningham Mining:Instagram:
https://www.instagram.com/cunninghammining/Linkedin:
https://www.linkedin.com/company/cunningham-miningX (Twitter):
https://x.com/CunninghammininFacebook:
https://www.facebook.com/profile.php?id=61552528342234
Nugget TrapInstagram:
https://www.instagram.com/nuggettrapgold/Linkedin:
https://www.linkedin.com/company/nugget-trapX (Twitter):
https://x.com/NuggettrapgoldFacebook:
https://www.facebook.com/profile.php?id=61552312260533
Youtube: https://www.youtube.com/@GoingforGoldNGT