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New listing on Dutch Caribbean Securities Exchange

Willemstad – The Dutch Caribbean Securities Exchange (DCSX) has recently accepted the Initial Public Offering (IPO) of REALGOLDX Americas BV. REALGOLDX Americas BV (RGXA) is a private company with limited liability established in Curacao.

 

Through the DCSX, 4 million shares of the 50 million listed on the exchange will be offered at USD. 2,50 (USD. 250 cents) in this IPO. The 4 million hares have been underwritten by Maxwell Silver Investment Partners N.V. on a best-efforts basis. No minimum subscription is required in order to satisfy the objectives of the offer. RGXA is furthermore investigating the viability of listing American Depository Receipts (ADR) of this offer on the ‘Over The Counter’
market (OTCQX) in the United States. RGXA also propose to raise an additional USD 500 million by means of a 4% convertible, 100% gold-backed bond issue listed on the DCSX. RGXA is a Curaçao based specialty finance company that offers gold investment products to sophisticated private and institutional investors. The main activity of RGXA is to invest the majority of its capital in RGX Global, a global members-only marketplace designed to bring supply and demand together in high-end gold trading.

RGX Global generates fee based income on trading gold in units of 1 metric ton for those institutions and Ultra High Net Worth investors and family offices who desire to preserve longterm wealth utilizing physical gold bullion.

RGX Global also offers members insured vaulting in secure facilities in Singapore and Switzerland and has a goal of offering local vaulting on Curacao. This is part of an emerging strategy to position Curacao as a leading physical gold marketplace and gold-based asset protection jurisdiction.

Luis Santine, CEO of the DCSX, says that the listing is an important and exciting one for the exchange and for Curacao in general. As indicated by the issuer this will be the first of a number of listings that the RGXA Group is contemplating here. Santine points out that Curaçao is strategically located in the nexus between Latin American gold production, emerging wealth creation and a vast global capital pool seeking a secure and efficient domicile to diversify holdings into. Santine: “We are eager to work with companies interested in potentially listing here and I look forward to sharing our compelling value proposition with thoughtful CEO’s evaluating listing options.

The DCSX provides a time saving and cost-efficient listing and trading facility for international and local corporations and investment funds. For more information on the DCSX, please visit the website www.dcsx.an.

Sabine Altena, attorney at law at the law firm VanEps Kunneman VanDoorne, assisted RGXA with the new listing on DSCX

Source: DCSX