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DIVIDEND NEWS - $PMPG (Premier Products Group, Inc.) Announces Decision to Sell Valley High Mining Company

https://www.otcmarkets.com/stock/PMPG/news/story?e&id=1835123

WOODLAND HILLS, CA / ACCESSWIRE / March 10, 2021 / Premier Products Group, Inc. (PMPG), (OTC PINK:PMPG) announced today they signed a Letter of Intent to sell Valley High Mining Company (VHMC) to Regal Holdings International, LTD (RHIL). The sale will be a share exchange for VHMC, a Delaware-based company.

On February 22, 2018, PMPG and VHMC completed a corporate reorganization pursuant to which VHMC became a direct, wholly-owned subsidiary of a newly formed Delaware Corporation and Premier Products Group, Inc. (the "Holding Company"), became the successor issuer. VHMC was originally organized under the laws of the State of Utah on November 14, 1979, as Valley High Oil, Gas & Minerals, Inc.

"Upon closing of the sale, current PMPG Shareholders will have the same equity interest in VHMC. For example, if a PMPG Shareholder currently holds 100 shares of PMPG common stock, upon closing of the sale of VHMC, the PMPG Shareholder will now have 100 shares of common stock of VHMC. In my opinion, I see this as a bonus for our loyal PMPG Shareholders, " states Chairman and CEO Tony Hicks.

PMPG anticipates the completion of the sale of VHMC on March 31, 2021, or sooner, pending due diligence by both parties.

About RHIL: RHIL is an asset-based wealth management company that provides companies with credit facilities to complete real estate and technology projects since 2012.

About PMPG: Premier Products Group Inc (PMPG) engages in acquiring technology companies, developing SmartRoad and Smart City infrastructures.

Regal Holdings International Ltd. is a real estate development, property management, and investment company. It is a RAK Corp with offices in Dallas & London UK. Sister company Regal Holdings Int. owns and operates the RHIL Crypto Currency Exchange.

https://regalholdingsint.com/about-us/