Cuprum Group seeks to accelerate the transition of extractive industry companies to operationally efficient and environmentally friendly technologies. To this end, the Estonia based company has invested more than $2 million in a Russian mining facility, licensing, feasibility plans and geology.

The project includes a copper mining business that is reserved for professional investors, while the digital token will be available to the public. The Cuprum token exchange will trade both metal and digital copper.

Public Sale Coming

A public sale will be held from Sept. 15 to Nov. 15 at a starting price of $3.00 backed with 1 kg of copper. A token purchase can earn interest up to 250% based on an increase to $7.50 by 2020.

The price on the Cuprum exchange, cuprumtoken.io, is expected to be between $6 and $8 by Nov. 15, 2019.

Tokens can be purchased with bitcoin, ETH, BNB, LTC, EUR, CHF and fiat currencies. A total 6 million tokens will be sold.

Cuprum will reserve 3,000 tokens, 50 of which will be distributed daily among buyers who purchase tokens daily. The exchange will randomly select two to 200 investors and distribute the day’s volume among them.

There will be a $16.975 million hard cap and a $1.5 million soft cap.

The soft cap of $1.5 million alone will yield one mining production module that can produce 500 tons of copper at a $3.75 million value, yielding $2.250 million interest to token buyers. Each module will process 500 tons of copper, valued at $3.75 million based on the forecast 2020 copper price.