Asia Broadband Finalizes Milestone Production Agreement For Second Large-Scale Gold and Silver Ore Stockpile in Mexico
Rhea-AI Summary
Asia Broadband (OTC: AABB) has finalized a significant processing and production agreement for a large-scale gold and silver ore stockpile in Etzatlan, Jalisco, Mexico. The new stockpile's estimated gold and silver ore value surpasses the company's first stockpile agreement from December 2022. The company plans to release additional details about this milestone agreement to shareholders next week.
This second gold and silver stockpile production project is positioned to be AABB's largest high-yield asset addition to date, aligning with the company's strategic initiative to expand gold production and increase its physical gold holdings.
Positive
- New stockpile agreement value exceeds previous December 2022 agreement
- Expected to be company's largest high-yield asset addition to date
- Strategic expansion of gold production and physical gold holdings
Negative
- Specific financial terms and stockpile values not disclosed
- Implementation timeline and production details not provided
News Market Reaction 1 Alert
On the day this news was published, AABB gained 4.02%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
LAS VEGAS, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has finalized the terms of another historic and long-term processing and production agreement for a large-scale gold and silver ore stockpile in Etzatlan, Jalisco, Mexico. The estimated gold and silver ore value of this second stockpile agreement exceeds the value of the Company’s first stockpile agreement completed in December 2022. AABB management is thrilled to release further details of this new milestone event for the Company to its shareholder base next week.
This second gold and silver stockpile production project is expected to be the largest high-yield asset addition for the Company to date in its strategic initiative to expand gold production and increase AABB’s physical gold holdings.
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: | ir@asiabroadbandinc.com |
| Token Support: | support@aabbgmine2token.com |
| Company Websites: | www.asiabroadbandinc.com www.aabbgmine2token.com www.goldenbaboons.com |
| Phone: | 702-744-4785 |
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.
FAQ
What is the new production agreement AABB announced in October 2025?
Where is AABB's new gold and silver stockpile located?
How does this stockpile compare to AABB's previous agreement?
What is the strategic importance of this stockpile agreement for AABB?
When will AABB release more details about the stockpile agreement?
