Chilco Riv Hldgs (CRVH) Stock News

Chilco River Holdings (OTC Pink: CRVH) has entered into a Joint Venture Agreement with Mine CA Gold Ltd. to reprocess gold mining tailings in the Philippines. The project contains an estimated 1.7 million tons of tailings with a gross metal value of $115 million ($100M in gold, $15M in silver).

The site, located 200 kilometers southeast of Manila, historically produced 290,000 ounces of gold over 10 years. Production is expected to commence within 90 days, leveraging existing infrastructure for low-capital requirements. The project offers additional underground resource potential beyond the initial tailings reprocessing phase.

Chilco River Holdings (OTC Pink: CRVH) announced its strategic exploration of investment opportunities in the global gold and precious metals mining industry. The company aims to leverage its capital structure for asset-backed expansion amid gold's historic price highs driven by inflationary pressures and economic uncertainty. CEO William Lovett emphasized that the gold sector presents a natural hedge and value-accretive opportunity. Chilco River is evaluating potential joint ventures, equity stakes, and asset-backed transactions in the mining space, attracting increased institutional and strategic investor interest due to its lean capital structure and scalable operations.

Chilco River Holdings (OTC Pink: CRVH) announces an exclusive tasting event for its premium whiskey bourbon and new ready-to-drink (RTD) mixer line at Crazy Pour in Villa Park, IL on June 20th, 2025. The event, running from 5 PM to 9 PM, will showcase the company's high-quality bourbon and RTD cocktails in multiple flavors, targeting the $10B+ convenience beverage market. Crazy Pour, featuring over 160 HDTVs and known for its craft beverage selection, will host the event with complimentary food and beverages. The tasting will be attended by the Chilco River team, investors, distributors, and industry experts, offering networking opportunities for consumers, retail buyers, and potential partners.

Chilco River Holdings (OTC Pink: CRVH) has signed a Letter of Intent to acquire a majority stake in Excuse Wine & Spirits through an all-stock transaction. Excuse owns proprietary trademarks and assets in the alcoholic beverage sector, specializing in tequila and bourbon. The company has demonstrated success through soft launches and market testing in major U.S. metropolitan areas over the past two years. Post-acquisition, Excuse will operate as a majority-owned subsidiary of Chilco, benefiting from strategic oversight, operational resources, and growth capital. The deal is expected to close by the end of June 2025. This acquisition aligns with Chilco's strategy to build a portfolio of high-growth consumer brands in the alcoholic beverage industry.

Chilco River Holdings (OTC Pink: CRVH) has appointed Brodie Hall as Vice President of Mergers & Acquisitions to spearhead the company's strategic growth initiatives. Hall, a licensed CPA with Big Four accounting experience, brings extensive expertise in corporate finance, strategic advisory, and deal execution across various sectors including consumer products, manufacturing, biotechnology, and technology. The appointment aligns with Chilco's focus on expanding its portfolio in the alcoholic beverage industry, particularly in premium spirits and ready-to-drink (RTD) products. CEO William Lovett emphasized Hall's role in scaling through strategic acquisitions and building their beverage brand portfolio. The company currently maintains positions in the tequila, bourbon, and RTD categories, with plans to accelerate its acquisition pipeline.

Chilco River Holdings (OTC Pink: CRVH), a beverage company focused on the premium alcohol sector, has announced multiple June 2025 initiatives following their recent entry into the alcohol beverage market. The company is implementing consumer tasting events, making strategic hires in social media, sales, and brand operations, and advancing distribution partnership discussions across the United States. CEO William Lovett emphasized the company's focus on building momentum through grassroots engagement and forming strategic distribution relationships. The company plans to provide additional updates throughout summer 2025 as they continue their expansion efforts and market penetration strategy.

Chilco River Holdings (OTC Pink: CRVH) has announced a strategic pivot into the premium alcoholic beverage industry, focusing on acquiring premium brands in craft spirits and ready-to-drink cocktails (RTDs). The company has achieved Pink Current Information status with OTC Markets and is currently in advanced negotiations with multiple acquisition targets.

As part of this transformation, Chilco has formally canceled prior agreements with Leuffer Desarrollos SA de CV, American Hemp Brands, Inc., and L Myers Associates to focus entirely on the premium alcohol sector. CEO William Lovett emphasized the company's commitment to building shareholder value through strategic acquisitions in this dynamic market.

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