Asia Broadband (AABB) Stock News

Asia Broadband (OTC: AABB) has launched a new legal action program targeting specific market makers on OTC Markets suspected of price manipulation. The company is adopting an alternative approach to gather historical trade and position data to strengthen their legal case. This initiative comes in response to numerous shareholder complaints alleging that AABB's share price has been artificially suppressed through deceptive trading practices by certain market makers. The company aims to eliminate price manipulation and ensure fair market price determination for its shares.

Asia Broadband (OTC: AABB) has completed a week of shareholder tours at its new gold and silver ore processing facility in Etzatlan, Mexico. The facility features two production lines: a mineral flotation process with 500 tons per day capacity and a cyanidation process starting September 2025. The flotation line targets initial production of 350 tons daily, projecting $2.17M in net revenue for the first 3 months and $11.47M in the first year. The cyanidation line aims for 200 tons daily, expecting to generate $2.55M in the first 4 months and $15.33M in its first year. Production costs are estimated at $56.75 per ton. The facility includes an on-site lab and testing program to optimize operations. During the tours, commemorative silver coins were given to the largest shareholder each day, revealing a >5% stakeholder among participants.

Asia Broadband (OTC: AABB) has completed the sale of its Bonanza Gold mine in Acaponeta, Nayarit, Mexico to Industrias Friesen for a total consideration of $25 million plus royalties. The deal includes $14.8 million in cash, a $10.2 million earn-out payment, a $2 million promissory note, and an ongoing 2% net smelter returns (NSR) royalty. The strategic sale allows AABB to strengthen its financial position and redirect focus towards high-grade mineral assets near its new processing plant in Etzatlan, Jalisco. The company aims to optimize its development capital utilization by concentrating operations in specific Mexican regions where it can leverage existing resources and expertise for rapid expansion.

Asia Broadband has signed a Letter of Intent to sell its Bonanza mineral property in Acaponeta, Nayarit, Mexico. The company expects to finalize and announce the sale next week, with proceeds aimed at strengthening its financial position.

The strategic move allows AABB to concentrate on high-grade mineral asset investments near their new processing plant in Etzatlan, Jalisco. This regional focus in Mexico provides AABB with a competitive advantage, leveraging local development resources and expertise for rapid expansion.

The decision aligns with AABB's mining property portfolio strategy to optimize development capital utilization, building on their previous gold production success through focused regional operations.

Asia Broadband (OTC: AABB) has celebrated the grand opening of its new gold and silver ore processing facility in Etzatlan, Mexico. The event was attended by local government officials, industry leaders, and dignitaries.

The facility features two production lines: a mineral flotation process with capacity up to 500 tons per day, targeting 350 tons daily for the first 3 months, and a cyanidation process scheduled to begin in September 2025. With production costs at $56.75 USD per ton, the company projects:

• First line: $2.17M net revenue in first 3 months, $11.47M in first year
• Second line: $2.55M net revenue in first 4 months, $15.33M in first year

The plant incorporates advanced mining equipment automation and features an on-site lab and testing program to optimize processing throughput and metals extraction while minimizing costs.

Asia Broadband (OTC: AABB) has announced a second registration opportunity for non-shareholders and media to tour its gold and silver ore processing facility in Etzatlan, Mexico, beginning May 12th, 2025. The company opened this additional registration to fill remaining available tour seats.

Interested non-shareholders must submit their full name and reason for visit to info@asiabroadbandinc.com. Media representatives need to provide their name, media affiliation, position, and visit purpose. Random selection will conclude on April 16th, with winners notified via email to arrange their travel.

The tour includes helicopter transportation to the facility, requiring approximately 3 hours round trip from Zapopan's Andares area. Participants are advised to arrange flights to Guadalajara airport and accommodation near the departure point.

Asia Broadband (OTC: AABB) has announced the opening of registration for plant tours of its new gold and silver ore processing facility in Etzatlan, Mexico, beginning May 1st, 2025.

Interested shareholders must submit their information to info@asiabroadbandinc.com, including full name, number of AABB shares held, and proof of ownership. Random selection of tour participants will be completed on April 14th, with winners notified of their reservation dates via email.

The tours will include helicopter transportation from Zapopan's Andares area to the facility, with a total duration of approximately 3 hours round trip. Participants are advised to arrange their own flights to Guadalajara airport and accommodation near the departure point.

Asia Broadband (OTC: AABB) announces the final testing phase of its new gold and silver ore processing facility in Etzatlan, Mexico, with a grand opening scheduled on or before April 15, 2025. The facility features advanced automation and efficiency-focused equipment to optimize metals extraction and minimize production costs.

The facility is built on land purchased in December 2022, aligned with a processing agreement for a 4 million ton ore stockpile in Las Jimenez, Etzatlan. The stockpile, which AABB has exclusive rights to purchase, is estimated to contain over $1 billion in total gold and silver value. Technical crews have been conducting rotational testing since March 10, 2025, to ensure processing consistency.

The plant includes an on-site lab and testing program to accelerate operations while reducing costs. It also features expandable processing capabilities for implementation after initial production levels are established.

Asia Broadband Inc. (OTC: AABB) has announced upcoming shareholder tours of its new gold and silver processing facility in Etzatlan, Mexico. The tours are scheduled to take place from May 1 to May 16, 2025, with actual dates depending on registration demand.

The company will release a registration link for interested shareholders to enter a draw for tour participation. Selected individuals will be notified in advance to arrange their travel and accommodations. CEO Chris Torres describes this as a major milestone achievement that will initiate a new growth phase for AABB's operations.