AABB Asia Broadband Inc.

Asia Broadband Signs Letter of Intent to Sell the Bonanza Property Concession in Nayarit, Mexico

Asia Broadband Signs Letter of Intent to Sell the Bonanza Property Concession in Nayarit, Mexico

LAS VEGAS, April 30, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has signed a Letter of Intent (LOI) for the sale of its 100% wholly-owned Bonanza mineral property located in Acaponeta, Nayarit, Mexico. AABB is in the final stage of negotiations to complete the favorable sale of the property, which is expected to be finalized and announced next week.

The proceeds from the sale of the property will further strengthen the Company’s financial position and allow AABB to focus primarily on high-grade mineral asset investments in the surrounding area of the Company’s recently inaugurated processing plant in Etzatlan, Jalisco.

AABB continues to implement its mining property portfolio strategy to optimize development capital utilization. By focusing operations in specific regions of Mexico, AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.

About Asia Broadband



Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production of precious metals and the accumulation of physical gold holdings. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate the expansion of precious metals property holdings and production in Mexico. The Company's industry and business integration in Mexico and its asset diversification are unique strengths of AABB that differentiate it from other companies and creates distinctive value for shareholders. Additionally, the Company has a digital assets business segment with its AABBG mine-to-token gold-backed cryptocurrency within its own proprietary AABB Wallet and the unique Golden Baboons Mining Club and Shorts Rascal Club Non-Fungible Token (NFT) collections. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies and digital asset developers.

Contact the Company at:

General Email:  
Token Support: 
Company Websites: 
  
  
Phone:702-866-9054



Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.’s (the “Company”) expected current beliefs about the Company’s business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.



EN
30/04/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Asia Broadband Inc.

 PRESS RELEASE

Asia Broadband Signs Letter of Intent to Sell the Bonanza Property Con...

Asia Broadband Signs Letter of Intent to Sell the Bonanza Property Concession in Nayarit, Mexico LAS VEGAS, April 30, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has signed a Letter of Intent (LOI) for the sale of its 100% wholly-owned Bonanza mineral property located in Acaponeta, Nayarit, Mexico. AABB is in the final stage of negotiations to complete the favorable sale of the property, which is expected to be finalized and announced next week. The proceeds from the sale of the property will further stren...

 PRESS RELEASE

Asia Broadband Announces the Grand Opening and Ribbon Cutting Ceremony...

Asia Broadband Announces the Grand Opening and Ribbon Cutting Ceremony for its Gold and Silver Ore Processing Plant in Etzatlan, Mexico LAS VEGAS, April 16, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce the Company’s grand opening and ribbon cutting ceremony for the new gold and silver ore processing facility in Etzatlan, Mexico. Attending this historic event for the Company were government officials, industry leaders and dignitaries to mark and celebrate the tremendous milestone achievement of AABB’s mining operations group and ...

 PRESS RELEASE

Asia Broadband Opens Second Registration to Non-Shareholders and Media...

Asia Broadband Opens Second Registration to Non-Shareholders and Media for Plant Tours of Its Gold and Silver Ore Processing Facility Beginning May 12th in Etzatlan, Mexico LAS VEGAS, April 11, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has opened a second registration process for non-shareholders and media to participate in the plant tours of AABB’s new gold and silver ore processing facility in Etzatlan, Mexico. The second registration tours are set to begin May 12th. AABB added the second registration to re...

 PRESS RELEASE

Asia Broadband Opens Registration For Plant Tours of Its Gold and Silv...

Asia Broadband Opens Registration For Plant Tours of Its Gold and Silver Ore Processing Facility Beginning May 1st In Etzatlan, Mexico LAS VEGAS, April 08, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company’s has opened its registration process for plant tours beginning May 1st of its new gold and silver ore processing facility in Etzatlan, Mexico. AABB now invites all shareholders interested in a plant tour to submit their information to with the subject line Plant Tour. The required information from each sharehold...

 PRESS RELEASE

Asia Broadband Enters Final Stages of Facility Testing For Its Gold an...

Asia Broadband Enters Final Stages of Facility Testing For Its Gold and Silver Ore Processing Plant’s Grand Opening And Ribbon Cutting Ceremony Scheduled On Or Before April 15, 2025 LAS VEGAS, April 02, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company’s new gold and silver ore processing facility in Etzatlan, Mexico, is in the final stages of testing in preparation for the grand opening and ribbon cutting ceremony on or before April 15, 2025. The Company’s technical crews have been diligently conducting rotational t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch