TORONTO--(BUSINESS WIRE)--BitGold Inc. (TSX-V: XAU) (“BitGold”), a platform for savings and payments in gold, announces further information on the Acquisition Agreement dated May 22, 2015 to purchase the operating and intellectual property assets of GoldMoney Network Limited (“GoldMoney”), subject to regulatory approvals and other customary closing conditions. The acquisition is an arm’s length transaction. Consideration for the acquisition is the issuance of 11.1 million common shares in BitGo
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