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BRIEF-GoldMoney signed non-binding LOI to launch GoldMoney China
November 23, 2017 / 2:46 PM / 22 days ago

BRIEF-GoldMoney signed non-binding LOI to launch GoldMoney China

Nov 23 (Reuters) - Zhaojin Mining Industry Co Ltd

* Signed non-binding LOI formalizing JV framework whereby co, Taojinyn, Zhaojin mining will launch, operate local version of co in China​

* Taojinyn, a Chinese digital gold service backed by Zhaojin mining, will manage local operations for the mandarin version of the GoldMoney web-app​

* ‍JV will earn 50% of all revenues generated by clients and will be owned 51% by Taojinyn and 49% by GoldMoney Inc​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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