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SPZI: JP3E Announces First Aluminum Ingot Shipment Using Trade Finance Platform with Bloxcross

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JP 3E Holdings, Inc. (OTC: SPZI) has announced its first successful shipment of 500 metric tons of Aluminum Ingot (A7) using its new Trade Finance platform in collaboration with Bloxcross. This marks the beginning of a series of monthly shipments, with the first batch scheduled to arrive early next week. The current price of aluminum is approximately $2,528 per metric ton.

This milestone demonstrates JP3E's expanding expertise in commodity trading and establishes a foundation for future opportunities. The company's innovative approach to global trade, enabled by the Trade Finance platform, has resulted in faster closing times and optimized trade financing options. JP3E aims to enhance its presence in the global commodities market through this pivotal contract.

JP 3E Holdings, Inc. (OTC: SPZI) ha annunciato la sua prima spedizione di successo di 500 tonnellate metriche di Lingotto di Alluminio (A7) utilizzando la sua nuova piattaforma di Trade Finance in collaborazione con Bloxcross. Questo segna l'inizio di una serie di spedizioni mensili, con il primo lotto previsto per arrivare all'inizio della prossima settimana. Il prezzo attuale dell'alluminio è di circa $2,528 per tonnellata metrica.

Questo traguardo dimostra l'espansione delle competenze di JP3E nel trading di materie prime e stabilisce una base per future opportunità. L'approccio innovativo dell'azienda al commercio globale, reso possibile dalla piattaforma di Trade Finance, ha portato a tempi di chiusura più rapidi e a opzioni di finanziamento commerciale ottimizzate. JP3E mira a migliorare la sua presenza nel mercato globale delle materie prime attraverso questo contratto fondamentale.

JP 3E Holdings, Inc. (OTC: SPZI) ha anunciado su primer envío exitoso de 500 toneladas métricas de Lingote de Aluminio (A7) utilizando su nueva plataforma de Trade Finance en colaboración con Bloxcross. Esto marca el inicio de una serie de envíos mensuales, con el primer lote programado para llegar a principios de la próxima semana. El precio actual del aluminio es de aproximadamente $2,528 por tonelada métrica.

Este hito demuestra la creciente experiencia de JP3E en el comercio de materias primas y establece una base para futuras oportunidades. El enfoque innovador de la empresa hacia el comercio global, habilitado por la plataforma de Trade Finance, ha resultado en tiempos de cierre más rápidos y opciones de financiamiento comercial optimizadas. JP3E busca mejorar su presencia en el mercado global de materias primas a través de este contrato clave.

JP 3E Holdings, Inc. (OTC: SPZI)는 Bloxcross와 협력하여 새로운 무역 금융 플랫폼을 사용하여 500미터 톤의 알루미늄 주괴(A7)의 첫 번째 성공적인 선적을 발표했습니다. 이는 매달 선적 시리즈의 시작을 의미하며, 첫 번째 배치는 다음 주 초에 도착할 예정입니다. 현재 알루미늄의 가격은 약 $2,528 per metric ton입니다.

이 이정표는 JP3E의 원자재 거래 전문성이 확대되고 있음을 보여주며, 미래 기회의 기초를 다집니다. 무역 금융 플랫폼을 통해 가능해진 회사의 혁신적인 글로벌 거래 접근 방식은 더 빠른 마감 시간과 최적화된 무역 금융 옵션을 가져왔습니다. JP3E는 이 중요한 계약을 통해 글로벌 원자재 시장에서의 존재감을 강화하는 것을 목표로 합니다.

JP 3E Holdings, Inc. (OTC: SPZI) a annoncé son premier envoi réussi de 500 tonnes métriques d'Ingot d'Aluminium (A7) en utilisant sa nouvelle plateforme de Financement Commercial en collaboration avec Bloxcross. Cela marque le début d'une série d'envois mensuels, le premier lot devant arriver au début de la semaine prochaine. Le prix actuel de l'aluminium est d'environ $2,528 par tonne métrique.

Ce jalon démontre la compétence croissante de JP3E dans le commerce des matières premières et établit une base pour les futures opportunités. L'approche innovante de l'entreprise en matière de commerce global, rendue possible par la plateforme de Financement Commercial, a conduit à des délais de clôture plus rapides et à des options de financement commercial optimisées. JP3E vise à renforcer sa présence sur le marché mondial des matières premières par le biais de ce contrat clé.

JP 3E Holdings, Inc. (OTC: SPZI) hat den erfolgreichen Versand von 500 metrischen Tonnen Aluminium-Guss (A7) über seine neue Handelsfinanzierungsplattform in Zusammenarbeit mit Bloxcross bekannt gegeben. Dies markiert den Beginn einer Reihe monatlicher Lieferungen, wobei der erste Batch für Anfang nächster Woche geplant ist. Der aktuelle Preis für Aluminium liegt bei etwa $2,528 pro metrischer Tonne.

Dieser Meilenstein zeigt die wachsende Kompetenz von JP3E im Rohstoffhandel und legt den Grundstein für zukünftige Chancen. Der innovative Ansatz des Unternehmens im globalen Handel, ermöglicht durch die Handelsfinanzierungsplattform, hat zu schnelleren Abschlusszeiten und optimierten Handelsfinanzierungsoptionen geführt. JP3E zielt darauf ab, seine Präsenz auf dem globalen Rohstoffmarkt durch diesen wichtigen Vertrag zu stärken.

Positive
  • Successfully shipped 500 metric tons of Aluminum Ingot (A7)
  • Initiated a series of monthly shipments, indicating ongoing business
  • Launched a new Trade Finance platform in collaboration with Bloxcross
  • Achieved faster closing times and optimized trade financing options
  • Expanding presence in the global commodities market
Negative
  • None.

NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., is excited to announce a key milestone with the successful first shipment of Aluminum Ingot (A7). This contract marks the beginning of a series of monthly shipments, with the first 500 metric tons (MT) already en route, scheduled to arrive early next week.

Globally, the demand for aluminum continues to grow, especially with the rising adoption of electric vehicles and the shift toward greener manufacturing practices. As of mid-September 2024, the price of aluminum stands at approximately $2,528 per metric ton​.

This inaugural transaction, negotiated and funded through our newly launched Trade Finance platform in collaboration with Bloxcross, highlights the success of our innovative approach to global trade, enabling faster and more efficient outcomes.

John K. Park, Chairman of JP3E, highlighted the importance of this achievement, stating, “This milestone demonstrates our expanding expertise in the commodity trading sector and establishes a solid foundation for future opportunities.”

Diego Baez, CEO of Bloxcross and the incoming CEO of JP3E, added, “Our approach to innovation in global trade has exceeded expectations. The Trade Finance platform has enabled us to achieve faster closing times and optimized trade financing options. We look forward to continued growth and many more successful global trade transactions.”

This contract represents a pivotal moment for JP3E as the company continues to enhance its presence in the global commodities market.

To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.

For additional information on the Global Trade Financing Platform via Bloxcross, Inc., reach out to sgallegos@bloxcross.com.

About JP 3E Holdings, Inc.

JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.

About Bloxcross, Inc.

Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit https://www.blox.global/.

Company Contact:

John K. Park, Chairman
john.park@jp3eholdings.com
732-241-0598 Office
Websites: https://www.jp3e.com/
https://www.jp3eholdings.com/
Twitter: http://www.twitter.com/SpoozInc
Facebook: http://www.Facebook.com/SpoozInc
E-Mail: info@jp3e.com

Safe Harbor Notice

Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). The Companies caution that statements, and assumptions made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates made by management. Actual results could differ materially from current projections or implied results. The Companies undertake no obligation to revise these statements following the date of this news release.


FAQ

What is the significance of JP3E's first Aluminum Ingot shipment for SPZI stock?

The first Aluminum Ingot shipment marks a key milestone for JP3E Holdings (SPZI), demonstrating the company's expanding expertise in commodity trading and establishing a foundation for future opportunities in the global commodities market. This could potentially impact the SPZI stock positively by showing the company's growth and operational success.

How much Aluminum Ingot did JP3E (SPZI) ship in their first transaction?

JP3E Holdings (SPZI) shipped 500 metric tons of Aluminum Ingot (A7) in their first transaction using the new Trade Finance platform.

What is the current price of aluminum as mentioned in the SPZI press release?

According to the press release, as of mid-September 2024, the price of aluminum stands at approximately $2,528 per metric ton.

How has the Trade Finance platform impacted JP3E's (SPZI) operations?

The Trade Finance platform, developed in collaboration with Bloxcross, has enabled JP3E (SPZI) to achieve faster closing times and optimize trade financing options, improving the efficiency of their global trade operations.

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