AMA Resources Chooses Tokeny for Groundbreaking Tokenization Initiative

AMA Resources Pioneers Mineral Asset Tokenization with Tokeny Partnership

In a groundbreaking move set to revolutionize the mining industry, AMA Resources has announced its partnership with Tokeny for the tokenization of its extensive mineral asset base through the Supernova-RS Gold Project. This initiative marks a significant step forward in the intersection of blockchain technology and traditional mineral exploration, offering new opportunities for investors and reshaping the landscape of asset management in the mining sector.

The Supernova-RS Gold Project: A New Frontier in Asset Tokenization

Project Overview

The Supernova-RS Gold Project combines two significant gold reserves located in northern Brazil:

1. Supernova: Owned by Supernova sn 1987 a SPE LTDA
2. Riacho Seco: Owned by Riacho Seco Mineração S.A

These reserves collectively contain a staggering 596 tons of gold, with an estimated economic value of approximately $50 billion (based on the gold prices at the time of tokenization). To enhance investor appeal, AMA Resources has set the “in situ” value at 10% of the economic value, equating to USD 5.0 billion. To reflect this accurately:

• Total Supply: 5 billion Shares and 5 billion SVA tokens
• Nominal Value: $1.00 per Share/Token

Tokenization Details

To facilitate this innovative approach to asset management, AMA Resources has established Supernova-RS Gold an AMA Mine LLC, a new legal entity incorporated in Wyoming, USA. The tokenization process will involve:

• Total Supply: 5 billion Shares and 5 billion SVA tokens
• Nominal Value: $1.00 per Share/Token
• Token Standard: ERC-3643
• Network: Ethereum

The Private Placement Memorandum (PPM) aims to raise USD 500 million, offering tokens to private investors under Reg D, Rule 506(c) for US accredited investors and Reg S for non-US investors.

• Both shares and tokens have a par value of USD $1 each
• All tokens are legally bound to the shares of Supernova LLC.

Tokeny: The Chosen Partner for Tokenization

AMA Resources’ decision to partner with Tokeny for this ambitious project was driven by several factors:

1. Expertise and Professionalism: Tokeny’s team has demonstrated exceptional knowledge in the field of asset tokenization.
2. Industry Understanding: Their willingness to grasp the complexities of the mining industry set them apart as the ideal partner.
3. Regulatory Compliance: Tokeny’s technology enables issuers to identify token holders, track ownership, and enforce automated compliance on-chain, which is crucial in the evolving regulatory landscape.

Navigating the Regulatory Landscape: MiCA and Beyond

The tokenization of mineral assets occurs against the backdrop of an evolving regulatory environment, particularly in the European Union with the Markets in Crypto Assets (MiCA) regulation.

Understanding MiCA

While MiCA, partially in effect from June 30, 2024, primarily impacts utility tokens and stablecoins, it’s important to note that tokenized securities like those issued by AMA Resources remain largely unaffected. These assets continue to fall under the existing MiFID II framework.

Tokeny’s Role in Compliance

Tokeny’s technology is well positioned to address regulatory requirements by enabling:

• Identification of token holders
• Tracking of ownership
• Enforcement of automated compliance on-chain

This capability is increasingly crucial as regulations tighten, positioning Europe as a potential hub for institutional tokenization.

Accredited Exchanges for RWA Tokenization

To ensure the success of this tokenization initiative, AMA Resources is considering various accredited exchanges and platforms that facilitate the trading of Real-World Assets (RWA) tokens, including:

• InvestaX
• Tokeny
• Securitize
• tZERO
• INX

AMA Resources’ Commitment and Future Plans

AMA Resources is committed to leveraging distributed ledger technologies (DLTs) to tokenize its proven mineral deposits through the issuance of security tokens. The company recognizes the legal implications and responsibilities involved and is prepared to meet all regulatory requirements.

Expansion Plans

The joint venture between AMA and AMBIOGEO plans to continue exploration of other properties they own, including:

• The Barda Gonzales Project in Argentina’s Neuquén Basin
• Additional properties in Argentina and Brazil

Each successful exploration has the potential to incorporate new assets into Supernova-RS Gold an AMA Mine LLC, potentially increasing the company’s market cap and value for token holders.

Conclusion: A New Era for Mining and Investment

By choosing to work with Tokeny and embracing asset tokenization, AMA Resources is positioned to unlock the potential of its mineral assets, providing unprecedented liquidity and new opportunities for investors.

This initiative not only demonstrates the company’s innovative approach but also signals a significant shift in how the mining industry interacts with global financial markets.As AMA Resources continues to lead in this space, the tokenization of mineral assets through the Supernova-RS Gold Project represents a pivotal moment in the convergence of traditional mining and cutting-edge financial technology. This groundbreaking approach has the potential to reshape investment strategies, enhance market accessibility, and drive the future of the mining industry.