GEMXX Corporation Eyes Growth Through Diversification and Strategic Acquisitions
Las Vegas, NV -- May 2, 2023 -- NewsGenie -- GEMXX Corporation (OTC:GEMZ), a key player in the Ammolite gems sector, has announced a corporate update, highlighting its recent achievements and future strategies. The company aims to boost shareholder value through diversification and strategic acquisitions.
GEMXX is focused on expanding its gold and Ammolite mining operations to meet rising global demand. The company is also diversifying its operations by investing in complementary precious metal mining operations, moving closer to a fully integrated mine-to-market model.
According to GEMXX President Richard Clowater, the company is in talks with several entities to enhance its market diversification. The company anticipates announcing new partnerships and acquisitions soon.
To support its growth, GEMXX has launched a Regulation A Offering, seeking to raise $6,000,000 USD at $0.40 per share. These funds will help the company control all production stages, from mining to global distribution.
Recent milestones include a partnership with DealMaker to manage capital raising and SRAX to refine marketing strategies. GEMXX also reported increased account receivables and net income for the quarter ending February 28, 2023. Richard Clowater was appointed to the board of directors and named President of GEMXX Corporation. Furthermore, GEMXX acquired a 50% stake in Crazy Horse Mining Inc., gaining access to two gold projects. It also signed an Ammolite Master Supply Agreement with Ammolite expert Kenneth Bradley.
GEMXX has also engaged OTCWagon for a 40-day corporate awareness program.
GEMXX Corporation is a mine-to-market gold, gemstone, and jewelry producer. The company manages all production stages and is a leading producer of Ammolite jewelry.