Welcome to our dedicated page for Star Alliance news (Ticker: STAL), a resource for investors and traders seeking the latest updates and insights on Star Alliance stock.
Star Alliance International Corp. (STAL) operates at the intersection of mineral resource development and technological innovation, with a focus on sustainable gold extraction and strategic expansions into fintech and artificial intelligence. This dedicated news page serves as the definitive source for official company announcements, press releases, and market-related developments.
Investors and industry professionals will find timely updates on STAL's operational milestones, including quarterly earnings reports, strategic acquisitions, advancements in environmentally safe mining technologies like the Genesis extraction system, and progress in digital asset initiatives. The curated collection ensures stakeholders can efficiently track both traditional mining activities and emerging tech-sector ventures.
Key coverage areas include mineral exploration updates, sustainability initiatives, fintech partnerships, and AI-driven operational enhancements. All content is sourced directly from company communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to STAL's evolving business narrative, or subscribe to notifications for immediate updates on material developments affecting the company's multi-sector portfolio.
Star Alliance International Corp. (OTC PINK:STAL) announced its intent to acquire 99% of the share capital of Starving Lion, Inc., which operates six profitable gold mines in Guatemala. The acquisition, valued at $180 million, is anticipated to yield net profits exceeding $5 million annually. A due diligence appraisal is expected to confirm gold reserves over 1 million ounces, worth over $2 billion. Following the acquisition, the company plans to start issuing dividends at least twice a year.
Star Alliance International Corp. (OTC PINK:STAL) announced the appointment of Weverson Correia as CEO, enhancing its leadership with his global market experience. Correia will oversee operations in California and Honduras, focusing on expanding mining activities. The company is poised to acquire a 51% stake in Lion Works Advertising, which owns the Genesis gold extraction process, vital for increasing operational efficiency. The environmentally friendly Genesis system extracts up to 98% of gold ore faster than conventional methods, marking a strategic move for growth.
Star Alliance International Corp. (STAL) has signed definitive agreements to acquire 51% of Compania Minera Metalurgica Centro Americana S.A. (Commsa), which operates five gold mines in Honduras, effective January 1, 2022. The acquisition cost totals $7,500,000 in cash and restricted stock. STAR anticipates increased production and reduced costs through investments and its Genesis ore extraction process. This acquisition is part of STAR's growth strategy, expected to consolidate Commsa's financials and drive revenue from its operational mines.
Star Alliance International Corp. (OTC PINK:STAL) has entered into a binding letter of intent to acquire 49% of the Genesis Gold Extraction System and 51% of five operating mines in Honduras. The Genesis system enhances gold extraction efficiency, reducing processing time from up to 120 days to just 24 hours, while significantly lowering production costs. The five mines are currently operational, and the acquisition is expected to expand STAR's portfolio and strengthen its market position. STAR aims to finalize these transactions swiftly to capitalize on the business potential.
Star Alliance International Corp. (OTC PINK:STAL) has entered a binding agreement to acquire a 51% stake in the Genesis Ore Extraction System, which significantly enhances gold extraction from oxidized minerals. The system reduces extraction time from 40-120 days to just 24 hours, while processing 300-350 tons of ore daily and achieving speeds 400 times faster than conventional methods. The environmentally safe process aims to transform gold mining globally. The company is set to commence operations as soon as feasible, with promising estimates of gold and silver reserves.
Star Alliance International Corp. (OTC PINK:STAL) has signed a binding letter of intent to acquire a 51% stake in the Rio Jalan gold mining project in Central Honduras for up to US$7.5 million. The project spans a 12.5-mile area along the Rio Jalan River, with local operations producing 250-300 oz of gold per site monthly. The deal includes plans to enhance recovery rates using modern techniques, potentially increasing recoverable gold to 98%. The transaction is expected to close by January 31, 2022, promising significant revenue growth while benefiting local communities.
Star Alliance International Corp. (OTC PINK:STAL) has signed a letter of intent to acquire worldwide licensing rights to the patented Genesis system for environmentally safe gold extraction from oxide ores. Tests show the reactor can extract gold with concentrations as low as 0.25 ppm. The company plans to invest up to $4 million to introduce this system globally, which is expected to lower costs and increase gold yield for mining operations. CEO Richard Carey anticipates this development will enhance shareholder value significantly.
Star Alliance International Corp. (OTC PINK:STAL) has scheduled an official site inspection at its Mother Lode Mine property from December 6-8, 2021. This meeting will involve key U.S. Forest Service representatives to assess the site and provide specifications for the company's operations plan, critical for restarting mining activities. The planned inspection follows extensive internal assessments and is aimed at defining parameters for mining operations and the necessary reclamation bond. The project has shown indications of significant gold and silver reserves, and the company is eager to progress toward mining.
Star Alliance International Corp. (OTC PINK:STAL) announced a twelve-month agreement with SRAX for the use of their Sequire platform, enhancing investor relations capabilities. CEO Richard Carey emphasized the potential of Sequire to analyze investor trends and improve shareholder engagement. The company, primarily focused on gold recovery, has historical assays indicating significant reserves, including silver. Despite past delays due to COVID-19 and wildfires, efforts are underway to expedite mining operations.
Star Alliance International Corp. (OTC PINK:STAL) is set to begin the NI43-101 Assay Report for its Gold Mother Load Mining Project, with preparations expected to start in Q4 2021. CEO Richard Carey expressed optimism that the report will affirm earlier assay findings and boost shareholder value. The mining project, located in California, indicates significant reserves of gold and silver, potentially enhancing overall revenue. The company aims to restart operations soon, despite past challenges from Covid-19 and environmental issues.
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