OREANDA-NEWS. February 05, 2016. GoldMoney Inc. (TSX-V: XAU) ("GoldMoney" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. and including Clarus Securities Inc. and Mackie Research Capital Corporation (collectively, the “Underwriters”), which has agreed to purchase, on a bought deal basis, 3,846,154 common shares (the “Shares”) of the Company at a price of C\\$3.90 per share, for aggregate gross proceeds of C\\$15,000,000 (the “Offering”).  PowerOne Capital Markets Limited acted as financial advisor with respect to the Offering.

The Underwriters will also have the option exercisable, in whole or in part, to purchase that number of additional Shares that is equal to 15% of Shares sold pursuant to the offering to cover the Underwriters' over-allotment position. In the event that the option is exercised in its entirety, the aggregate gross proceeds of the Offering will be C\\$17,250,000.

The net proceeds of the Offering are expected to be used for general corporate purposes. It is expected that the Shares will be offered to "accredited investors" in all of the provinces of Canada (other than the Province of Quebec) pursuant to National Instrument 45-106 – Prospectus Exempt Distributions and in the United States on a private placement basis pursuant to exemption from the registration requirements of the United States Securities Act of 1933, as amended. The Shares will be subject to a four-month hold period in Canada. The Shares have not been registered under the United States Securities Act of 1933, as amended, or applicable state securities laws, and the Shares may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The Offering is expected to close on or about February 24, 2016. Closing of the Offering would be subject to certain conditions typical for a transaction of this nature and the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. 

About GoldMoney GoldMoney Inc. is a global, full-reserve and gold-based financial services group. GoldMoney provides financial services as a trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney® the company offers precious metals custody and wealth services, trading and execution, and independent research to individual investors and institutions. Through BitGold™ the company operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 700,000 clients from over 150 countries and \\$1.6 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. The JFSC is the main supervisory body that oversees and regulates Jersey's large financial services industry. For more information on BitGold, visit bitgold.com. For more information on GoldMoney, visit www.ir.goldmoney.com.