LUXEMBOURG, 24th September 2024 – AMA-AMBIOGEO, a pioneering mining Joint Venture (JV) with a focus on sustainable resource management, announces the tokenization of $4.6 billion in gold reserves, using blockchain technology to transform previously inaccessible real-world assets (RWA) into tradable and compliant digital securities.

The JV between AMA Resources and AMBIOGEO adds up 70 years of mining experience and fuses the talent of people distributed worldwide to change the financial capability of miners in South America, becoming one of the largest and most important exploration companies in that region and standing out as a unique player in the natural resources sector.

The Supernova Project is the inaugural venture in which AMA-AMBIOGEO has tokenized its gold reserves. This project combines two reserves located in northern Brazil: Supernova and Riacho Seco, holding a total of 474 metric tons of gold certified under the S-K 1300 standard, with an economic value of $36.8 billion at the time of tokenization. The discounted cash flow (DCF) or present value given to the asset was, however, 12.5% or $4.6 billion, accounting for extraction costs, current state of the mines and time value of money. The asset has been transferred to a Wyoming LLC of which its equity securities have been tokenized and are being promoted through a Private Placement offering under SEC Regulation D, Rule 506(c), and Regulation S for non-US investors.

AMA-AMBIOGEO’ sustainability model leverages tokenization to unlock the financial value of gold reserves while allowing most of the minerals to remain in the ground. By converting these reserves into digital securities, investors can own a stake without the need for physical extraction, preserving the environment and providing liquidity through fractional ownership.

Unlike owning physical gold or land, co-ownership of tokenized proven gold reserves offers a sustainable way to unlock value without extraction. Our goal is to modernize the mining industry through innovation and sustainability.

Through tokenization, AMA Resources is bringing $4.6 billion in gold reserves onchain, offering a digital experience with features like self-custody, transferability, and collateralization, capabilities that were never before available to investors.

Ernesto Bernadet CEO of AMA Resources