Asia Broadband Inc. reports company developments across precious-metals mining, mineral processing and digital assets linked to physical bullion. News for AABB centers on its gold and silver operations in Mexico, including the Etzatlan processing facility, mining-asset expansion planning, production-line repairs, and the integration of reduced graphene oxide technology for gold recovery.
The company also announces product and platform updates tied to its precious-metal-backed digital asset strategy. Recurring topics include the GoldAxis wallet, the AABBG gold-backed token, the AABBS silver-backed token, multichain wallet functionality, physical bullion backing, and corporate updates on mining and cryptocurrency projects.
Asia Broadband (AABB) approved up to an additional $18 million in common-stock repurchases, expanding its existing buyback program.
Total authorized repurchases now reach up to $30 million, funded from cash reserves. Approximately $11.9 million of common stock had been repurchased through June 30, 2026, under the program started in Q1 2025. Purchases will occur on the open market, with timing and amounts at management’s discretion based on market conditions, trading volume and company liquidity.
Third-quarter 2026 production revenues were approximately $9.3 million, a record, while year-to-date production revenues were approximately $24.2 million. New management is completing a review of projects and priorities.
Asia Broadband (AABB) reported record gold and silver production revenues of approximately $9.3 million for the third quarter of 2026. Revenues rose approximately 6.9% from the previous quarterly record of $8.7 million in Q2 2026. Production revenues for the first nine months reached approximately $24.2 million, compared with $12.7 million for all of 2025.
The company remains focused on its previously disclosed objective of more than $30 million in production revenues for 2026. It expanded processing and production capacity at Etzatlán, Mexico, throughout 2026. Remaining-year priorities include optimizing the plant, advancing its recently acquired underground mine, developing the Picachos IV exploration program and exploring production expansion opportunities. Timothy Gomez became CEO and Fernando Ramirez became CFO, effective October 2, 2026.
Asia Broadband (OTC: AABB) appointed Timothy Gomez as chief executive officer, replacing Cris Torres, effective October 2, 2026. Fernando Ramirez became chief financial officer on the same date, replacing Bernard Velez. A new investor relations team was engaged effective August 1, 2026. The company said the restructuring supports its expanding operations while preserving the previous management's strategic goals.
During 2026, AABB reported revenue growth from increased gold and silver production at its Etzatlán processing operations. It also pursued exploration and drilling at Picachos IV, mining technology development and commercialization initiatives, and mining asset expansion in the Etzatlán region. Work on its precious metals-backed digital asset ecosystem also advanced. The new management plans to review operations and corporate structure to improve efficiency and financial controls, while continuing production and mining asset expansion.
Asia Broadband (AABB) has closed the USD $5.5 million acquisition of the La Vencedora high-grade underground gold and silver mining concession in the Etzatlán region of Jalisco, Mexico, securing 100% ownership of the 1,200-hectare property.
The purchase terms call for 50% of the price to be paid in cash immediately, with the balance in installments, and no AABB common shares will be issued, avoiding shareholder dilution. La Vencedora lies about 18 kilometers from AABB’s existing Etzatlán processing facility and has roughly 1.3 kilometers of underground development on multiple levels, which is expected to lower initial development costs versus a new greenfield mine. Based on its internal plan, the company expects to feed approximately 150–200 tons per day of underground material to the Etzatlán plant, and targets starting extraction and first processing of La Vencedora material in Q4 2026, subject to mine development and operational factors.
Asia Broadband (AABB) reports that third-quarter 2026 gold and silver production and revenues are on track to exceed the record levels achieved in the second quarter ended June 30, 2026.
The company reported Q2 2026 gold and silver production revenues of $8.7 million, contributing to total production revenues of $14.9 million for the first half of 2026, which already surpassed full-year 2025 production revenues of $12.7 million. Etzatlan plant processing doubled to over 600 tons per day, generating about $1.6 million per month and $4.8 million in Q2 production. Based on this trend, the company projects 2026 gross production revenues to exceed $30 million.
Asia Broadband (AABB) issued an end-of-summer 2026 update reporting record Q2 production revenue of approximately $14.9 million, already exceeding its total 2025 production revenue. Management projects about $30 million in 2026 production revenue, reflecting rapid growth in the company’s precious metals operations.
AABB advanced its 15,000-meter Phase 2 drilling at Picachos IV, completing about 3,800 meters (38 holes) with high-grade intersections, including 9.04 g/t gold over 16.0m and 12.32 g/t over 8.0m. The company finalized a definitive long-term processing agreement for the La Calabasa gold-silver stockpile, whose estimated ore value is expected to exceed $1 billion. AABB also progressed commercialization of its proprietary rGO recovery technology, initiated a transition to next-generation infrastructure and off-ramp capabilities for its GoldAxis digital asset platform, and deployed about $11.8 million (over 98%) of its authorized $12 million share repurchase program.
Asia Broadband (OTC:AABB) has begun transitioning its GoldAxis Wallet to a new technology and service provider following operational, reliability and Phase 2 development delays that did not meet its security and service standards. The company strongly recommends that all GoldAxis Wallet users promptly transfer their AABBG, AABBS, ALGO, BTC, ETH and other supported assets to independent, compatible self-custody wallets until the new infrastructure is available.
Asia Broadband is evaluating new providers with a focus on cybersecurity, infrastructure reliability, system availability, incident response, technical support and defined service levels, and will issue further migration and security instructions only through official Asia Broadband and GoldAxis channels.
Asia Broadband (OTC:AABB) announced that it has filed a voluntary notice of dismissal without prejudice of its civil action in the U.S. District Court for the Central District of California. This procedural move enables legal counsel to analyze additional trading data collected during the initial pleading phase and reassess the scope of any future legal actions.
According to the company, the dismissal preserves its legal rights to initiate related proceedings while it optimizes its overall legal strategy. AABB also stated that it continues executing its operational plans, including expanding precious metals production in Mexico and advancing its gold- and silver-backed digital asset ecosystem.
Asia Broadband (OTC:AABB) reported $8.7 million in gold and silver production revenues for Q2 2026, bringing first-half 2026 production revenues to $14.9 million, already above full-year 2025 production revenues of $12.7 million.
The Etzatlan plant’s processing rate doubled to over 600 tons per day, generating about $4.8 million in Q2 production. According to Asia Broadband, the company now projects 2026 gross production revenues to exceed $30 million and has increased its gold and silver bullion holdings to a $48.5 million book value.
Asia Broadband (OTC:AABB) reports that its financial results for the second quarter ended June 30, 2026 are being finalized and are expected to be published next week. The company says these results will confirm its ongoing upward trend in production and gross profit during 2026.
Asia Broadband focuses on precious metals production and physical gold and silver holdings in Mexico and also operates a digital assets segment offering gold- and silver-backed cryptocurrencies and NFT collections.