Publicly traded, mine-to-market gold, gemstone as well as jewelry producer, GEMXX Corporation (OTCMKTS:GMZP), owns mining resources, production places, and operating assets, and controls every stage of the production. The company is a producer of top-quality finished Ammolite as well as Ammolite jewelry. Its world-class gemstone cutters, as well as jewelry designers, are leading the industry in new directions. The management comprises of leading experts from the industry having combined total of 160 years of Ammolite gemstone and jewelry business experience
Trading Data
On Wednesday, GMZP stock moved down 13% to $0.0030 with more than 654K shares, compared to its average volume of 1.22 million shares. The stock moved within a range of $0.0030 – 0.0035 after opening trading at $0.0035.
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Gemxx Corporation Provides Corporate Update And Files Tier 1 – Form 1a Registration Statement
GEMXX CORPORATION on June 29, 2022, provided a corporate update. CEO Jay Maull said that both the management and company have been working diligently in the last few weeks for ensuring that all filings, financials, disclosures as well as corporate information are up to date. Maull added that the company is pleased with the progress and hopes on achieving qualified and Approved Form 1-A in the near future
The firm has been working towards ensuring all disclosures, and corporate information amongst others is both on OTC as well as EDGAR. Maull stated that the firm wants to build on its success and look at higher exchange soon.
Secondly, the company had filed the Tier 1, Form 1-A for raising about $6,000,000 USD at $0.40 per share pursuant to the Offering. Financiers, investors, institutions, and shareholders interested in Reg A Financing can visit our website or even connect with the company officials for more information. Thirdly, the firm is engaging with a number of interested parties looking to participate in Regulation A financing for funding its growth plan. This includes mine expansion, higher production for meeting global demand, and diversification of its operations.
Maull added that through the execution of the overall business plans as well as investing in precious metal mining operations, the firm is inching closer to being completely integrated from mine-to-market. Lastly, the company management are making efforts on expanding its business through acquisitions and strategic partnerships.
The CEO further opined that the company is discussing with a number of companies identified as acquisitions for GEMXX or its partners supporting the overall industry.
Key Quote
“The Company and management team have been working very diligently over the last several weeks to ensure all the filings, disclosures, financials, and corporate information are up to date and have filed a Form 1-A Offering Statement. We are pleased with the progress and hope to achieve a qualified and Approved Form 1-A in the near future,” stated Jay Maull, CEO of GEMXX Corporation
