BBLC Secures Major Mining Deal, Advancing Strategic Expansion into Gold Sector
Rhea-AI Summary
Blockchain Loyalty Corp. (BBLC) has announced a significant expansion into the gold mining sector through a partnership with Blue Crown Group Inc. and North Fork Management. The company has signed an agreement that could secure up to 15 gold-bearing and rare earth mineral properties within the next six months.
North Fork Management, based in Northern California, brings over 100 years of combined experience in mining operations, geology, assaying, and engineering, including a Master's-level engineer and an award-winning researcher. This partnership marks BBLC's strategic entry into the gold sector, following through on opportunities mentioned in their October 2024 announcement.
The company continues to explore additional opportunities in real estate, hotel & hospitality, and other emerging industries, maintaining its focus on diversification and long-term shareholder value creation.
Positive
- Strategic entry into gold mining sector with potential acquisition of 15 mineral properties
- Partnership with experienced mining management firm bringing 100+ years of expertise
- Diversification of business portfolio into high-value sectors
Negative
- No immediate revenue generation from announced partnership
- Properties acquisition timeline extends to six months with no guaranteed success
- Significant capital investment likely required for mining operations
PORTLAND, OR / ACCESS Newswire / February 7, 2025 / Blockchain Loyalty Corp. (OTC PINK:BBLC) continues to execute its strategic vision of acquiring and developing high-value opportunities across multiple sectors, reinforcing its commitment to promoting a lifestyle of health, beauty, and wealth while delivering long-term shareholder value.
In our October 7, 2024, press release, we stated that BBLC had been approached by firms within the real estate, hotel & hospitality, and gold mining sectors, exploring mutually beneficial opportunities with the company. Today, we are proud to announce that we are staying true to that vision by securing a major deal in the gold mining sector.
BBLC, in partnership with its arms-length partner Blue Crown Group Inc., has officially signed an agreement with North Fork Management, a highly experienced mining management firm based in Northern California. This milestone marks BBLC's entry into the gold sector, reinforcing our broader strategy of diversification into industries with strong growth potential.
North Fork Management's leadership team brings an unparalleled depth of expertise, with over 100 years of combined experience in mining operations, geology, assaying, and engineering. Their team includes a Master's-level engineer and an award-winning researcher, solidifying BBLC's position alongside industry experts who have a proven track record of success.
With this strategic partnership with North Fork, BBLC and Blue Crown Group Inc. have the opportunity to secure up to 15 gold-bearing and other rare earth mineral properties within the next six months. This agreement is the first of several initiatives that will position BBLC as a serious player in the gold mining space, ensuring that we continue to deliver on our commitment to long-term shareholder value.
"This agreement is a testament to our strategic commitment to growth and diversification. The expertise that North Fork Management brings to the table, combined with the vision and resources of BBLC and Blue Crown Group Inc., places us in a prime position to capitalize on the immense opportunities in the gold and rare earth mineral sector. We are excited about the road ahead and look forward to delivering real value to our shareholders," said Joel DeBellefeuille, Executive Chairman and CEO of BBLC.
In addition to this landmark deal, BBLC remains in active discussions with strategic partners across real estate, hotel & hospitality, and other emerging industries. These collaborations align with our mission of expanding our business footprint and securing high-growth opportunities.
We look forward to sharing further developments in the coming weeks, as BBLC continues to execute on its roadmap and deliver on the opportunities we set forth. Stay tuned for more updates.
About Belle Bonica Luxe Corp.
Belle Bonica Luxe Corp. OTC: (BBLC) is dedicated to promoting a lifestyle of health, beauty, and wealth; through the acquisition and development of creative & innovative brands catering to luxury markets that are aimed at improving your way of life, while seeking long-term shareholder value. BBLC's promise is to commit to optimizing shareholder value by continuously sourcing un-paralleled revenue generating brands that match the group's 5 pillars of: "no limits. passionate. creative. innovative. fun."
For more information visit: www.bellebonica.com
Joel DeBellefeuille, Executive Chairman & CEO, E. joel@bellebonica.com Tel. 514.434.2640
To learn more about Joel, Visit: www.joeldebellefeuille.com
Investor Relations: Just3 Public Relations, E. ir@bellebonica.com
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934 as well as relevant Canadian securities laws. These statements relate to future events or future performance and reflect management's expectations regarding future business prospects and opportunities. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue", "target" or the negative of these terms or other comparable terminology. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.
The Company does not assume any responsibility to update or revise any past statements regarding plans or projections related to any expected future events in cases where such plans or projections have not materialized or developed as previously stated or expected.
SOURCE: Blockchain Loyalty Corp.
View the original press release on ACCESS Newswire