Questions? +1 (202) 540-8337 Login
Trusted News Since 1995
A service for mining industry professionals · Saturday, October 20, 2018 · 465,665,011 Articles · 3+ Million Readers

U.S. Rare Earth Minerals, Inc. completes Phase One of the EXCELERCOIN ICO  

PANACA, Nev. , March 01, 2018 (GLOBE NEWSWIRE) -- U.S. Rare Earth Minerals, Inc., (OTC-PINK:USMN) announced today that USMN has completed phase one of its ICO (Initial Coin Offering) for the new Crypto Currency EXCELERCOIN on the Decentralized Exchange (DEX) CounterParty (XCP) and website ( as part of ICO Consulting agreement with Sanwire Software Inc. The new EXCELERCOIN website displays all relevant information concerning the EXCELERCOIN ICO. Phase two of the ICO will consist of the white paper for the EXCELERCOIN will detail everything about the EXCELERCOIN Initial Coin Offering and will be completed on or before March 12th, 2018.

Again, USMN’s Board Chairman, Larry Bonafide stated, “We are very excited to join this wave of the future and believe cryptocurrency is here to stay, as it does not require middle men or local regulatory bodies to hinder its transnational value. I believe this is an exceptional move for USMN’s financial future and shareholder benefit.” 

About Sanwire Software Inc.
Sanwire Software Inc. ( is a Silicon Valley based crypto currency and software Company with two-dimensional artificial intelligence (2DAI) software. Sanwire Software Inc. specializes in ICO’s, coin creation, wallet servers, white papers, crypto-currency market creation, crypto currency community awareness, and smart contracts.

About CounterParty
Counterparty ( extends Bitcoin’s functionality by “writing in the margins” of regular Bitcoin transactions, opening the door for innovation and advanced features not possible with ordinary Bitcoin software. The Counterparty protocol is open source and extensively tested. Besides allowing users to create and trade any kind of digital token, Counterparty enables anyone to write specific digital agreements, or programs known as Smart Contracts, and execute them on the Bitcoin blockchain. Smart Contracts are a revolutionary technology which opens the door to endless possibilities. By using the Bitcoin’s decentralized ledger network and Counterparty’s built-in scripting language, real-world scenarios can now be transformed into code and executed automatically with no need for an intermediary.

U.S. Rare Earth Minerals, Inc.
U.S. Rare Earth Minerals, Inc. (USMN) is engaged in the sales and distribution of products derived from the Company’s mining activities in Nevada relating to certain natural mineral deposits and other natural rare earth minerals.  Products of USMN consist of natural minerals for animal consumption as well as agricultural products sold under the brand name EXCELERITE®.  Customers of USMN include some of the world’s most widely recognized companies that have well known consumer brands. USMN is headquartered in Panaca, Nevada and has executive offices in Dubuque, IA. The company maintains a web site at:

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of U.S. Rare Earth Minerals, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

USMN Contact Information
Corporate Management Inquiries:
Production & Sales:
Press & Media:

/EIN News/ --

Powered by EIN News