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Tuesday, April 13, 2021 3:04:08 PM
04-13-2021 06:01 PM CET | Business, Economy, Finances, Banking & Insurance
Press release from: Asia Broadband Inc.
Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce it has signed a Letter of Intent (LOI) to acquire for the purpose of expanding its gold backed crypto currency the mining rights to New World Gold Corp. (OTC: NWGC) following a positive ground sample analysis. Production in this facility will bring AABB’s operation close to the head quartered office in Las Vegas, NV and will allow for future production and sale of the AABBG crypto currency token currently available for trade. Both New World Gold Corp, and AABB have been strategically broadening its initiative to acquire gold production for the purposes of enhancing the value to their respective shareholders.
In the coming weeks, the Company will be conducting further due diligence and continuing its negotiations to acquire the mining rights. All efforts are underway to accelerate this turnkey acquisition in order to rapidly advance AABB into production and begin an expansion program. The Company anticipates negotiating a definitive agreement to acquire the property shortly after confirmation of the quantity of the material and will release additional location details, photos and mineralization information at that time.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply, and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia.
Visit www.AsiaBroadbandInc.com for more information.
Corporate Communications:
Investor Brand Network (IBN) Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717 Office Editor@InvestorBrandNetwork.com
Jillian Schofield
Jill@advisorpr.com
https://advisorpr.com/
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