Toronto, Ontario–(Newsfile Corp. – March 26, 2024) – Goldmoney Inc. (TSX: XAU) (US: XAUMF) (“Goldmoney” or the “Company”) is pleased to announce the appointment of Sean Ty. Masu. He will be appointed Chief Financial Officer (CFO) on March 31, 2024. Ty will succeed Mark Olson upon his retirement as CFO. Mr. Olson will remain in an advisory role with the company for an appropriate period of time to ensure a smooth transition into the CFO role.
Mr. Tai will report directly to Goldmoney CEO Roy Sebag and will oversee the company's financial operations. Mr. Ty most recently served as Founder and CEO of Ty Consulting Inc., which provides financial reporting and accounting services to TSX and TSXV listed companies. Previously, Mr. Ty was manager of the commercial real estate, technology and financial services audit team at Ernst and Young LLP in Vancouver. Mr. Tai holds a Bachelor of Science degree from Columbia University and is a certified public accountant.
“I would like to thank Mark Olson for his contribution to Goldmoney over the past four years.Together, we have achieved great results and repositioned the group for long-term success. “On behalf of the entire Goldmoney Inc. team, we wish him all the best in his future endeavors,” said Roy Sebag, CEO of Goldmoney Inc. said.
“It is an honor to serve as Chief Financial Officer of Goldmoney, Inc. and I am grateful for the opportunity to contribute to the growth and success of this great company. “I have witnessed the innovative spirit that is driving Goldmoney forward. I have made the difficult decision to step down from my role, but I am confident in the future of Goldmoney. I look forward to seeing Goldmoney continue on its successful trajectory.I express my sincere gratitude.''I wish the entire Goldmoney team the best of luck in the future. ”
About Gold Money Co., Ltd.
Founded in 2001, Goldmoney (TSX: XAU) is a TSX-listed company that invests in the real economy. Goldmoney Inc., a leading custodian and trader of precious metals, also owns and operates real estate investment and jewelry manufacturing businesses. For more information about Goldmoney, please visit goldmoney.com.
For media and investor information inquiries:
mark olson
CFO
Gold Money Co., Ltd.
+1 647 250 7098
Forward-looking statements
This news release contains or refers to certain forward-looking information. Forward-looking information often refers to statements that include “anticipates,” “believes,” “expects,” “plans,” “intends,” “estimates,” “may,” “could” They can be identified by forward-looking words such as “will” and “will”. Similar words suggesting future results or other expectations, beliefs, plans, objectives, assumptions, intentions or statements regarding future events or performance. All information, other than information of historical fact, addresses activities, events, or developments that Goldmoney Inc. believes, anticipates, or predicts will occur or may occur in the future, and Information regarding the outlook. Forward-looking information does not constitute historical fact but reflects the Company's current expectations regarding future results or events based on information currently available. By their nature, forward-looking statements involve a number of assumptions, both general and specific, known and unknown risks and uncertainties, which may cause predictions, prospects, forecasts and other forward-looking information. contributes to the possibility that it will not occur. The forward-looking information contained in this release speaks only as of the date of this release.
Forward-looking information in this release includes statements regarding the hours of service of transactions on the Goldmoney network, future business plans, including joint ventures and real estate acquisitions, and future plans to diversify our business. but not limited to. expectations for the growth of our business, expected financial results, market and competitive conditions for our products and services; This forward-looking information is based on reasonable assumptions and estimates of our management at the time it is made and is subject to known and unknown risks that may cause our actual results, performance and achievements. involve uncertainties and other factors. Any future results, performance or achievements expressed or implied by such forward-looking information may differ materially. Such factors include, among others: Our business history. History of operating losses. uncertainty of future capital needs and additional financing; changes in the market price of our common stock; the impact of government regulation and compliance on the company and industry; legal and regulatory changes and uncertainties; Jurisdictional factors related to international operations. foreign restrictions on our operations; Product development and rapid technological change. Dependence on technical infrastructure. Protection of intellectual property. Use and Storage of Personal Information and Compliance with Privacy Laws. Network security risks. Risk of System Failure or Deficiency. our ability to manage rapid growth; Competition; our ability to identify opportunities for growth within our company through acquisitions and strategic relationships on economic terms or at all; the effectiveness of the Company's risk management and internal controls; Acts of using our services for inappropriate or illegal purposes. Uninsured and Underinsured Losses. Risk of theft and physical harm to personnel. risks of acquiring and maintaining real estate; real estate price and market fluctuations; Precious Metals Trading Risks. Volatility of precious metal prices and public interest in precious metal investment. global financial conditions and the viability of our business strategies in response; and those risks are described in the Company's recently filed Annual Information Form (available on SEDAR). Although the Company has attempted to identify important factors that could cause actual results to differ materially, the Company has acknowledged that there may be other factors that cause results not to be as anticipated, estimated or intended. There is a gender. There can be no assurance that such statements will prove to be accurate, as actual results or future events may differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, except as required by law.
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