A GoldMoney Company. Josh Crumb. Darrell MacMullin. Co-Founder - Chief Strategy Officer. Chief Executive Officer of

Transcription

1 A GoldMoney Company Darrell MacMullin Josh Crumb Chief Executive Officer of BitGold Co-Founder - Chief 1

2 Gold is Money 2

3 Caution Regarding Forward-Looking Information These Slides contain certain forward- looking informa9on within the meaning of applicable Canadian securi9es laws that are based on expecta9ons, es9mates and projec9ons as at the date of these Slides. The informa9on in these Slides about the future plans and objec9ves of the Company are forward- looking informa9on. Other forward- looking informa9on includes but is not limited to informa9on concerning the inten9ons, plans and future ac9ons of the Company. Any statements that involve discussions with respect to predic9ons, expecta9ons, beliefs, plans, projec9ons, objec9ves, assump9ons, future events or performance (ohen but not always using phrases such as expects, or does not expect, is expected, an9cipates or does not an9cipate, plans, budget, scheduled, forecasts, es9mates, believes or intends or varia9ons of such words and phrases or sta9ng that certain ac9ons, events or results may or could, would, might or will be taken to occur or be achieved) are not statements of historical fact and may be forward- looking informa9on and are intended to iden9fy forward- looking informa9on. This forward- looking informa9on is based on reasonable assump9ons and es9mates of management of the Company at the 9me it was made, and involves known and unknown risks, uncertain9es and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward- looking informa9on. Such factors include, among others: the Corpora9on s limited opera9ng history; future capital needs and uncertainty of addi9onal financing; the compe99ve nature of the industry; currency exchange risks; the need for the Corpora9on to manage its planned growth and expansion; the effects of product development and need for con9nued technology change; protec9on of proprietary rights; the effect of government regula9on and compliance on the Corpora9on and the industry; network security risks; the ability of the Corpora9on to maintain properly working systems; theh and risk of physical harm to personnel; reliance on key personnel; global economic and financial market deteriora9on impeding access to capital or increasing the cost of capital; global economic climate; dilu9on; and vola9le securi9es markets impac9ng security pricing unrelated to opera9ng performance. Although the Company has aoempted to iden9fy important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as an9cipated, es9mated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those an9cipated in such statements. Accordingly, readers should not place undue reliance on forward- looking informa9on. The Company undertakes no obliga9on to revise or update any forward- looking informa9on other than as required by law. No stock exchange, securi9es commission or other regulatory authority has approved or disapproved the informa9on contained herein. The Slides and the accompanying verbal presenta9on are confiden9al and are being supplied to you solely for your informa9on and may not be reproduced or distributed to any other person or published, in whole or in part, for any other purpose. Important No+ce These presenta9on slides (the Slides ) do not comprise a prospectus or other form of offering document rela9ng to BitGold Inc. (the Company ), and do not cons9tute an offer or invita9on to purchase or subscribe for any securi9es of the Company or any other company and should not be relied on in connec9on with a decision to purchase or subscribe for any such securi9es. The Slides and the accompanying verbal presenta9on do not cons9tute a recommenda9on regarding any decision to sell or purchase securi9es of the Company or any other company. Your aoen9on is drawn to the risk factors set out below.

4 No matter where you live in the world gold has effortlessly held its commodity value over time relative to costs like food and energy that we require as humans, making it one the most important savings tools for most of the human population

5 Reinventing Gold Revolutionizing and Innovating the Gold Standard for a new Global Commerce Standard Gold = Money without Borders

6 Modern Day Money 1.0 Cash

7 Modern Day Money 2.0 Plastic

8 Modern Day Money 3.0 An Optimal Currency for Global Commerce Gold is a significant percentage of global base- money, owned in every country & across every income segment, but with no modern banking or payment apps.

9 Modern Day Money 3.0 An Optimal Currency for Global Commerce We have this opportunity at BitGold A digital plaworm that connects global users physical- gold to interna9onal payment rails with real 9me seolement enabling self directed savings and payments A Global Opera9ng System for Gold

10 Corporate Overview GoldMoney Inc. GoldMoney Inc. is a mission-driven Canadian Corporation traded on the Toronto TSX Venture Exchange. GoldMoney Inc. owns and operates two client facing services in GoldMoney and BitGold, delivering full-reserve financial services powered by our innovative real-time gold settlement technology. GoldMoney Inc. (TSX- V:XAU) ( GoldMoney ), is a global full- reserve and gold- focused financial services business On July 20, 2015 BitGold Inc. completed C$59.4MM acquisi9on of GoldMoney Network Limited Following the amalgama9on, the company's name was changed from BitGold Inc. to GoldMoney Inc. Focus MaOers The Convergence of Gold and Technology to become one of the fastest growing FinTech companies globally of 2015

11 The World s Most Trusted Precious Metal Custodian Through GoldMoney the company offers precious metals custody, trading and execu9on, wealth management and research to individual investors and ins9tu9ons. Vaulted Precious Metals Savings Wealth Management Research Trading & Execu9on GoldMoney Ltd. founded in 2001 by Geoff and James Turk Innova9ve leader & unmatched reputa9on in regulated vaul9ng services for gold, silver, PGMs the first regulated gold payment/transfer service Over 20,000 ac9ve wealth customers Over $1.5 Billion in Client Assets under Administra9on GoldMoney provides the best full- service way to trade allocated precious metals online and arrange their secure storage in specialized bullion vaults in Canada, Hong Kong, Singapore, Switzerland and the United Kingdom Wealth management services to be added in 2016 Former Goldman Sachs Commodi9es Head of Energy Research, Stefan Wieler brought in to head Research and Corporate Treasury Sales; co- leading research in gold, energy, FX and social & poli9cal economy analysis with GoldMoney s Alasdair Macleod

12 BitGold users can purchase gold instantly, make and receive free gold payments, and spend gold on a prepaid card ü Buy Gold ü Store Gold ü Spend Gold Within 1% of official gold price Over 10 physical Brinks locations. At any point of sales with a BitGold PrepaidCard + Added Features A new global operahng system for gold Send & Receive Gold for Free Fully Redeemable Fully Insured

13 Mul9- Disciplinary Team The GoldMoney teams builds on decades of experience in financial services, investment management, e- commerce & payments, sohware engineering, UX/UI design, cryptography, digital security, compliance, commodity market trading & macroeconomics Roy Sebag Co-Founder CEO Gold Money Josh Crumb Co-Founder - Chief Strategy Officer Darrell MacMullin CEO BitGold Alessandro Premoli Chief Technology Former Portfolio Manager Long/Short Equity, Essential Equity For purpose Businesses, Former Sr. Metals Strategist at Goldman Former Head of PayPal Canada, FinTech Advisor Decade+ experience in encryption, cryptography, digital signatures

14 Capital Structure & Financings 54.5mm shares O/S following comple9on of GoldMoney acquisi9on and June financing 7mm warrants & op9ons (3.9mm warrants forceable at C$1.35 strike) Founders own and control over 20mm shares and con9nue to invest in GoldMoney (and con9nue to work without salary - both founders are independently successful from previous ventures and are extremely passionate about GoldMoney poten9al) $21.0mm in bought deal financing in June 2015, backed by Albert Fridedberg, Co- Book Leads: GMP, Clarus, Dundee, CannaccordGenuity Completed $59.4mm acquisi9on (11.1mm shares issued) of GoldMoney in July 2015 First consolidated BitGold- GoldMoney opera9ng financials in Sep 30 quarter Capital and Liquidity as of July- GoldMoney Consolida+on ~$30 million in cash & liquid assets (~$5 million addi9onal post warrant exercise) BitGold pre- marke9ng cash expenditures of ~$250k/month can service first 250,000 customers due to scalable infrastructure; GoldMoney has established revenue base No material liabili9es, obliga9ons or encumbrances 21

15 Central Bank VS. Bitcoin VS. BitGold Protec9ons, Regula9ons, AML, KYC Global Currency FX Fric9on Counter Party Risk (money leveraged - credit) Open networks Infla9on / Value Risk Digital Ledger (Decentralized) Global Currency Developer Friendly No regula9on No protec9ons No reversibility of transac9ons No physical underlying asset Gold outperforms every Fiat Currency Digital Ledger Global Access and Very liquid Closed loop network efficiency Reversibility of transac9ons KYC / AML regula9on friendly No banking counter party risk Buyer / Seller protec9ons Real insured physical value of goods $4 Billion BitCoin Total Value $6.5 Trillion $70 Billion traded daily Gold Total Value

16 With BitGold, you are not outside of the regulatory system, but you do move outside of the banking system that provides less friction for global payments. A Gold based ledger is a better ledger than fiat currency for global internet commerce.

17 BitGold Aurum Digital Ledger Patent-Pending Technology Gold Reinvented BitGold is a leap forward in Global currency Removing fric9on to the usability of Gold Aurum Global Pricing Ledger Consolidated feed from Counterparties quoting Bid/Ask Spreads in each Vault Location 24/7 Customers access one global platform over the internet using PC, Mobile, ATM s Aurum Global Vault Operators Provide Security, Storage,Transportation, Insurance, Accounting, Redemption Legal, Compliance, Audit Global Digital Value Processors Third Party Audit Bank-Level AML/ KYC Tax Lot Accounting Bank ACH, SEPA Debit, Visa, MasterCard China Union Pay Bitcoin Interac Wire

18 EXECUTION 1 Democratize Gold Savings Remove friction to Buy / Sell Establish turnkey Gold Savings Provide real utility as a currency

19 The Fric9on that exists in Buying Gold VS

20 How BitGold Works Simply Powerful 1% Funds in 1% Funds Out Redeem physically or electronically

21 Removing Fric9on to access the world best performing currency.

22 300,000 Removing fric9on is powerful Registered Users +256% 225, ,000 75,000 0 Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Week 11 Week 12 Week 13 Week 14 Week 16 Week 17 Week 18 Week 19 Week 20 Registered Users

23 Rapid Growth in Key Performance Metrics What MaOers to BitGold Deposits onto the plaworm already above $10 million within the first 4 months In Y1, the company s primary focus will be to grow and expand its user base with a target of 1 million users within Year 1. Performance across all key performance indicators has been strong and believe these will accelerate as we roll out new u9lity for the plaworm ( mobile apps, debit cards, invoicing) Summary of Monthly KPIs Cumulative Figures 300,000 New Users Additions (#) Transaction Volume (Au Grams) 200,000 Gold in Vaults (Au Grams) 300, , , , , , , , , , , , , , , , , ,000 80, ,000 62, ,000 78,883 60,000 40,000 63,555 50,000 33,014 50,000 28,881 20,000 24,377 0 May- 15 Jun- 15 Jul- 15 Aug May-15 Jun-15 Jul-15 Aug-15 0 May-15 Jun-15 Jul-15 Aug-15

24 EXECUTION 2 INTRODUCING Extend our Value Proposition to Customers by PAYMENT OPTIONS

25 Driving Ubiquity, U9lity and Accessibility of Gold for Payments

26 Money Transfers More than $600B of remioances money goes around the world.

27

28 BitGold Payments Sellers can get paid in Gold. Merchants can get send an invoice to anyone in the world for your goods, services or labor. Accept Credit / Debit cards globally with no FX risk. Processing cost for any transac+on globally = 1%

29 EXECUTION 3 GOLD Become the World s OS

30 Looking to the Future 30

31 { } Developer APIs Rail Distributed Gold Payment Rail Pay Outs / Pay Roll Global Dona9ons Wallet / ecomm Checkout Integra9on Invoicing Integra9on Shopping Cart Integra9on Marketplaces Cloud Based Point of Sale Systems

32 Just ge}ng started Roadmap POS Integra+on Robo Advisor USA payments Product Offering Bitgold.com Launch & IPO Gold Money Acquisi+on USA Savings Launch First 150K Users Mul+ Currency PrePaid Card Mobile App Launch Invoicing Micro Payments REST APIs BitGold SDK GOLD Payment Rail BitGold BitGold Developer Checkout Auto Savings Plan Gold Money Re Launch Gold Money Research EU, APAC, LATAM Expansion Gold Money Precious Metals Trading Pla[orm Q1 Q2 Q3 Q4

33 Opportuni9es for the Mining Industry Wider acceptance and use of gold as a medium of payment and transac9on can be posi9ve for gold demand and posi9ve for the industry as a whole Opportunity to buy gold easily and for a very low fee. Can also buy in small increments, opening up physical gold ownership to smaller investors Dividend payment solu9ons (reward your shareholders with an op9on for dividend payouts in digital or physical gold) Marke9ng opportuni9es (branded 10g BitGold, other promo9onal campaigns, contests)

34 Bringing it All Together

35 BitGold - A Great Standalone Business Viral A large and growing opportunity in Gold Buying and Savings Global Framework to address a Global market opportunity A strong leadership posi+on Technology Compe++ve advantages in pla[orm, pricing and global scale Strong Business Model Large market opportunity Transac+on- based revenues Efficient customer acquisi+on High opera+ng leverage Low capital requirements Rapid User and transac+on growth Exponen+al transac+on u+lity GoldMoney + BitGold = unparalleled opera9ng system for Gold

36 Modern Day Money 3.0 Global, Digital, Personal

37 The internet is transforming from an internet of communica9on to an internet of value, or internet of money. This transforma9on will have profound effects on the financial services industry by democra9zing access to the global economy, poten9ally integra9ng up to 4 billion un- banked and under- banked over the next 25 years. This transforma9on provides opportunity for leadership in linking the growing market for digital- transac9ons to gold, a globally neutral asset uniquely posi9oned to secure digital values and empower individuals. - Roy and Josh Are You In?

38 GoldMoney Inc. 334 Adelaide St. West 3 rd Floor Toronto, Ontario M5V 1R4 Canada Investors ir@bitgold.com ir.bitgold.com

39 Common Values & Network Principles To execute on our mission and grow a long term business sustainably, thus maximizing long- term shareholder value, we must always invest in our clients and the security and integrity of our network The GoldMoney network and the shared business architecture through the plaworm is designed to follow 3 core principles: Pu}ng client interest first We seek a network- growth business model where we deliver more value to each customer than we expect to earn in return; where the long term return on investment in customers provides returns to all network stakeholders with increasing efficiency, produc9vity, and scaling transac9on income growth Know our clients, protect from money laundering, protect clients & the network The GoldMoney network is a closed network built with decentralized checks and balances Unlike bitcoin or other crypto currency networks, the closed ledger network of BitGold allows for KYC protec9ons that help prevent money laundering, fraud, and consumer The closed network approach allows GoldMoney to operate within regulatory requirements and integrate safely with partners in banking, dealing, payment networks and vault services Full- asset reserve services, minimize exogenous risk for all users of the network We believe core savings and payments services can operate using gold and technology without the need for frac9onally reserved deposits or securi9zed IOUS

40 Intellectual Property US Patent Applica9on Pending for Securely and Instantly Conver+ng Digital Wallet Value to Physical Gold Bullion First- mover in iden9fying how to combine all the moving parts u9lizing a proprietary algorithm. Five addi9onal patents being filed before publica9on date GoldMoney Ltd. patent porwolio around digital gold payments da9ng back to early 2000 s Technology built for scale: BitGold is built on Scala programming language which is used by LinkedIn/TwiOer and has a high barrier to entry. Scala is a func9onal programming language that was designed specifically for scalable web applica9ons. Extremely difficult to find talent that is versed in Scala, leading to most of these developers being in high- demand Invaluable name and real- estate: BitGold domain name acquired opportunis9cally by Roy Sebag before bitcoin reached cri9cal mass. Substan9al and free daily traffic due to relevance of name - original paper on bitcoin was en9tled: Bit Gold by Nick Szabo - who many believe is Satoshi Nakomoto US & Canadian Trademarks Pending for BitGold Broad Financial Services Usage. Company was first to trademark on August 14, Term is now being used broadly by others. Company views the verbaliza9on of the term as a net posi9ve given it owns the key intellectual property but more importantly the key internet proper9es (real estate).