BRIX Resources Ltd. is pleased to announce that it has developed the first integrated blockchain enabled program for asset backed commodities, allowing qualified investors to engage in a new and innovative capital formation program for the gold sector.

The BRIX Gold Token will be the first offering by BRIX under this commodity tokenized security model and will be backed in part by physical gold with a redeemable feature representing the prorated portion of gold per token. BRIX expects to pay Token holders on a quarterly distribution in ETH coin an amount up to 30% of the net profits generated from BRIX investments as determined by the board of directors of the Company, in each case expected to commence in a quarter ending not earlier than December 31, 2018.

From the outset, BRIX Gold Tokens are expected to be backed in part by physical gold purchased using 50% of the gross proceeds and held in trust in a vault company in good standing with the London Bullion Market Association and insured to their market value. BRIX also expects to acquire certain streaming, royalty and joint venture rights in the anticipation that these interests will increase the Token Holders’ physical gold reserves. The Company’s long-term goal is to potentially increase the value of the physical gold reserves beyond the initial funding. This is a unique concept as the BRIX program is expected to allow for increasing reserves as the Company’s business progresses.

BRIX intends to invest in early stage exploration projects through its Project Generator Model. BRIX will monetize these investments as the Company deems appropriate, with the proceeds being used for distribution payments to BRIX Gold Token holders and will be reinvested into new early stage opportunities to create further value and to support the Company’s operations.

The Company’s leadership team is made up of highly skilled industry, business, compliance and technology professionals whose mission is to grow business opportunities at the intersection of traditional and new technology sectors.

“The BRIX Gold Token program is a new and innovative way for investors to be part of the evolving technology landscape and the traditional gold market programs,” said Michael Smith, CEO Brix Resources Ltd.

The Company plans to commence a Token offering to accredited investors in Canada and potentially other jurisdictions under existing securities exemptions. The Company may consider other compliant distribution methods in the future.

About BRIX Resources Ltd.

BRIX Resources, Ltd. is a Canadian Company specializing in the development of tokenized commodities, using blockchain technologies and services to create value in mainstream market programs. BRIX is beginning with gold (Au) as its first token offering.

BRIX looks at traditional gold as part of the known and well-established economy as well as a major part of speculative and hedging investment strategies. BRIX combines these aspects with new and innovative business strategies that focus on blockchain technologies resulting in the creation of a potentially dynamic capital growth opportunity in the precious metal markets.

The BRIX Gold Token will be the first gold backed token issued in compliance with applicable securities regulations, offering its tokens to accredited investors in key geographic and regulatory markets through existing securities exemptions, regulatory and exchange approvals.

The knowledge of the team, in combination with leading global experts in the business of gold geology, production, markets and business strategy, is expected to provide a catalyst for innovation and an exciting new business opportunity.