Silver Scott Mines Expands Digital Portfolio with Himalaya Technologies MOU

Rhea-AI Summary

Silver Scott Mines (OTC Pink:SILS) has signed a Memorandum of Understanding (MOU) with Himalaya Technologies (OTC Expert:HMLA) to provide development services for multiple digital projects focused on crypto and blockchain markets.

Through its Silver Scott Digital division, the company will design and build several platforms for Himalaya Technologies. While specific financial terms weren't disclosed, SILS will receive ownership stakes in each project, which is expected to contribute to both assets and revenues.

The agreement aligns with SILS's strategy to build a diversified portfolio of digital assets complementing their blockchain and healthcare interests, aiming to enhance their digital footprint in fast-growing blockchain markets.

Positive

• Company will receive ownership stakes in multiple new crypto/blockchain projects
• Expected to add both assets and revenue to balance sheet
• Expands company's capabilities and footprint in the growing crypto sector

Negative

• Financial terms of the MOU not disclosed
• Projects are still in development phase with no guaranteed timeline for launch

Development mandate expected to add assets and revenues while strengthening crypto-focused expertise

FRANKLIN, NEW JERSEY / ACCESS Newswire / September 4, 2025 / Silver Scott Mines, Inc. (OTC Pink:SILS) (the "Company") today announced that it has signed a Memorandum of Understanding ("MOU") with Himalaya Technologies, Inc. (OTC Expert:HMLA) to provide development services across a series of new digital projects.

The agreement calls for Silver Scott Digital to design and build several platforms for Himalaya Technologies, all centered around the growing crypto and blockchain market. While financial details will not be disclosed, Silver Scott Mines will receive meaningful ownership stakes in each project, adding both assets and revenues to its balance sheet.

"This MOU represents another step in our strategy to build a diversified portfolio of digital assets that complement our own growing portfolio of blockchain and healthcare interests," said Stuart Fine, CEO of Silver Scott Mines, Inc. "By aligning with Himalaya Technologies, we are expanding Silver Scott Digital's capabilities in the crypto sector while creating long-term opportunities for shareholder value."

The Company believes that these projects, once launched, will significantly enhance its digital footprint and further demonstrate its ability to deliver technology solutions across fast-growing blockchain markets.

About Himalaya Technologies, Inc.
Himalaya Technologies, Inc. (OTC Expert:HMLA) is a diversified technology company engaged in developing digital platforms and applications across emerging technology sectors including social media, blockchain, and fintech.

About Silver Scott Mines, Inc.
Silver Scott Mines, Inc. (OTC Pink:SILS) is a diversified technology and software development company with interests in digital asset infrastructure, tokenized natural resources, fintech innovation, and healthtech solutions. Through strategic development and acquisitions, the Company aims to build shareholder value across both traditional and emerging sectors.

Learn more about our ETF platform: www.YourCryptoETF.com
Learn more about our seedless crypto wallet: www.seedlesswallet.com
Trade crypto here: www.silverscottexchange.com
Other sites owned by SILS: www.silverscotttoken.com | www.peachhim.com | Trustnft.io | www.eggplanther.com | www.rivalmemecoins.com

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially due to factors discussed in the Company's filings and other public disclosures. The Company undertakes no obligation to update any forward-looking statements, except as required by law.

Contact:
Stuart Fine
CEO
Silver Scott Mines, Inc.
908-356-9852

SOURCE: Silver Scott Mines Inc

View the original press release on ACCESS Newswire

FAQ

What is the purpose of Silver Scott Mines' MOU with Himalaya Technologies?

The MOU enables Silver Scott Mines to provide development services for multiple crypto and blockchain platforms for Himalaya Technologies, receiving ownership stakes in each project in return.

How will the Himalaya Technologies MOU affect SILS shareholders?

The agreement is expected to create long-term shareholder value by adding both assets and revenues to Silver Scott Mines' balance sheet through ownership stakes in new crypto projects.

What markets will Silver Scott Mines' new development projects focus on?

The development projects will focus on the crypto and blockchain markets, complementing SILS's existing blockchain and healthcare interests.

What is Silver Scott Mines receiving in exchange for their development services?

While specific financial terms weren't disclosed, SILS will receive meaningful ownership stakes in each project developed for Himalaya Technologies.

Who signed the MOU with Silver Scott Mines in September 2025?

Himalaya Technologies (OTC Expert:HMLA) signed the MOU with Silver Scott Mines to receive development services for crypto and blockchain platforms.