Canada One Announces Review of Assets with Potential Blockchain and Cryptocurrency Acquisitions

Canada One Announces Review of Assets with Potential Blockchain and Cryptocurrency Acquisitions

Canada One Announces Review of Assets with Potential Blockchain and Cryptocurrency Acquisitions

Intends to Evaluate Potential Strategic Acquisitions for the Company

VANCOUVER, BC, CANADA, December 6, 2017 /EINPresswire.com/ — Canada One Mining Corp. (the “Company”) (TSXV: CONE / Frankfurt: AU31) announces that its board of directors has initiated a strategic review of the Company’s existing portfolio of assets in the Province of British Columbia, with a view to reducing carrying costs and consolidating existing mineral assets into a package which can be more easily advanced.

Canada One Announces Review of Assets with Potential Blockchain and Cryptocurrency Acquisitions

Canada One

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In connection with that review, the board of directors also intends to evaluate potential strategic acquisitions for the Company, as well as potential transactions in the blockchain and cryptocurrency sector, to determine whether such transactions are in the interests of shareholders.

At present, management of the Company remains committed to the development of the Company’s core assets in British Columbia. While a review of potential acquisitions and transactions within the blockchain and cryptocurrency sector is ongoing, there can be no assurance that any transactions within this sector will be consummated or will receive the required regulatory approvals.

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Cryptocurrency Benefits and Drawbacks

Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.

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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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