We welcome the views of the many on this journey. For licensing permission, . Support: 888-992-3836 Home NewsWire Subscriptions. Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. By inserting my contact details and clicking the subscribe button I consent to receiving newsletters and other communication from Ingka Group to my email address as described in the privacy notice., If you do not receive an email shortly, please check your junk email folder.. FEATURED Francine Lacqua and Tom Mackenzie live from London bring you an action-packed hour of news no investor in Europe can afford to miss. To stop by Asia Broadbands website, CLICK HERE. Feb 28, 2023 8:30 AM, Usha Resources Provides Update on Jackpot Lake and Lithium Project Portfolio Expansion Plans A machine and technology provider of future-orientated, intelligent plastic recycling technologies for the sustainable treatment of plastic materials. We support creating the IKEA of the future. A Division of NBCUniversal. 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 Guerrero, Mexico, to our client sales networks in Asia. The joint venture capital will be allocated specifically to expand the identified resources within the Asia Broadband properties and build out a new production processing facility with greater efficiency and capacity, but also includes provisions for new exploration expenditures. Lionel Messi talks through the most iconic moments of his illustrious career, with journalists, teammates and opponents offering insight and analysis into the goals and games that will define his legacy. "The entire AABB management team would like to thank the Qiangda Investments group for all its support financially and operationally over the last two and half years to allow us to achieve this. The schedule consists of a $5 million initial payment that was received in October 2018 earning a 6% equity interest in the Company, a $9 million minimum payment in 2019 to earn a further 10% interest, a $10 million minimum payment in 2020 to earn a further 12% interest and a $10 million minimum payment in 2021 to earn a further 12% interest. Raw materials transport: We has long-term cooperation agreementwiththe logistics companies in Xinjiang, Gansu, Hebei, Henan and other places, we can ensure that all raw material of paprika & chili which purchase from different planting area could transport to company timely ,even from the farthest of Xinjiang planting area, can be guaranteed within 4 days to arrive at the company. 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. AABB jointly operates a management committee with representatives of the joint venture partner to oversee, approve and direct budgeting, capital expenditures and decision-making regarding operational processes and expenditures. Subsequent to numerous management discussions, it became apparent that AABB had reached its peak value added level on the GGB property and it would be advantageous for the Company to shift its focus and leverage its resources and experience to duplicate its GGB development success on its Colima, Mexico property. Qiangda Foods Regards Client Relieved, Staff pleased as management philosophy. To find out more about how we invest for financial resilience, head to our investment stories. Company Name QINGDAO INVESTMENTS PTE. Some of our minority investments are listed here. 86% of retail CFD accounts lose money, http://www.prnewswire.com/news-releases/asia-metals-inc-secures-34-million-joint-venture-and-receives-5-million-first-tranche-300736810.html, Registration on or use of this site constitutes acceptance of our. Storage, Add#21Xiangjiang Yingbin Road ,Jiaobei Industrial Zone,Jiaozhou,Qingdao,China, QINGDAO QIANGDA FOODS CO.,LTD Copyright (c) 2022 All Rights ReservedICP2022009326POWER BY:WWW.300.CNSEO tags. Qiangda Investments & Economics & Co., Ltd., is a holding company and facilitating subsidiary of a Chinese owned conglomerate entity. LAS VEGAS, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has scheduled a special . Start exploring them to get to know us. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. We help people invest and plan for their future. Asia Metals Inc. has formed a management committee with representatives of the joint venture partner to oversee, approve and direct budgeting, capital expenditures and decision-making regarding operational processes and expenditures. LAS VEGAS, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has completed the sale of its mineral property and mining operations facilities in the Guerrero Gold Belt (GGB), Mexico, to Joint Venture Partner, Qiangda Investments & Economics Co. Ltd. (QIEC). Data is a real-time snapshot *Data is delayed at least 15 minutes. A transport and tech company that combines flexible logistics solutions and state-of-the-art technology, to increase efficiency, improve customer experiences and reduce transport's carbon footprint. Contact the Company at: Email:. Factory LAS VEGAS, Oct. 24, 2018 /PRNewswire/ --Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has signed a definitive joint venture agreement for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico, with Qiangda Investments & Economics & Co., Ltd.. The agreement guarantees a $34 million capital commitment allocated over a 3 year period on a time-lined payment schedule to earn-in a maximum 40% equity interest in the Company. For those of you questioning Qiangda Investments & Economics & Co., LtdI firmly think they are a JV partner of Asia Metals. (JavaScript must be enabled to view this email address). QINGDAO QIANGDA FOODS CO.,LTD Copyright (c) 2022 All Rights Reserved. The 2018 agreement guarantees a $34 million capital commitment allocated over a 3-year period on a time-lined payment schedule to earn-in a maximum 40% equity interest in the Company. FEATURED We invest with impact, generating lasting financial returns while demonstrating positive impact for our customers and the environment. Two years ago financial advisor rating firm Paladin Research & Registry compiled a list of the 10 most common and potentially destructive investment scams out there. 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 Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders. We invest for the generations to come, creating a better everyday life for the many. 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 our client sales networks in Asia. The entire AABB management team would like to thank the Qiangda Investments group for all its support financially and operationally over the last two and half years to allow us to achieve this major milestone event today and launch us into a high level of operations to rapidly capitalize on all our new projects and opportunities going forward, expressed AABB CEO James Gilbert. It sees us invest with relevance for our overall business, while thinking in generations and not quarters. Powered by and Mining Connection LLC. With QIECs intimate knowledge of the GGB operation, combined with its vested, expansion and control interest in the property, the joint venture partner was the optimal buyer of the GGB project for maximum value. Are you an innovative company interested in being part of the IKEA vision to create a better everyday life for the many people with us? This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders. And we provide institutions and independent advisors with investment and technology . We invest with impact, generating lasting financial returns while demonstrating positive impact for our customers and the environment. Be the change you want to see in the world! This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the company to its shareholders. Asia Broadband Inc (AABB), Asia Broadband Inc (AABB), https://www.bloomberg.com/research//stocks/private/snapshot.asp?privcapId=588505377, InnerScope Hearing Technologies (OTC: INND) Launches HearingAssist Brand of FDA-Registered OTC Rechargeable Hearing Aids on Target.com, Right On Brands Inc. announces Chief Marketing Officer, ARway'S SDK Gaining Traction Signing Multiple New Deals as $44 Billion Indoor Navigation Industry Accelerates Shift to Augmented Reality Navigation, B2 Digital Announces Global Launch of B2 SPORTS NETWORK on Apple TV, Usha Resources Provides Update on Jackpot Lake and Lithium Project Portfolio Expansion Plans. Get the latest business insights from Dun & Bradstreet. reces: For those of you questioning Qiangda Investments & Economics & Co., Ltd.I firmly think they are a JV partner of Asia Metals. Its operational objective is to secure physical gold supplies . Innovation in China, servicing the whole world. 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