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Southern ITS International, Inc., operating as CorpHQ under symbol SITS, reports developments from a diversified holding-company portfolio. Recurring updates cover subsidiary activity in oil and gas through Pure Oil & Gas and Last Mile Production, including acquired Texas oil and gas assets, well operations, production technology, methane measurement, and carbon-asset tokenization initiatives. Company news also covers portfolio acquisitions and divestitures, subsidiary-level financing, executive appointments, equity-plan and share-conversion actions, and strategy across consumer beverages, healthcare consulting, and e-commerce-related businesses.
Southern ITS International, Inc. (OTC Pink: SITS) announced a Letter of Intent to acquire a 30% stake in Atacama Minerals, Inc., focusing on gold mining in northern Chile's Atacama Desert. CEO James Shipley expressed optimism about the investment, highlighting Atacama's mining rights in a region rich in gold and copper. The transaction will depend on due diligence and is expected to close within the current quarter. This move aims to expand Southern ITS's portfolio and is the first in a series of planned acquisitions targeting companies with significant growth potential.