Bocana Resources Corp. Announces Joint Venture with Arizore Ltd to Form Arizore LLC

Core Viewpoint - Bocana Resources Corp. has entered into a Joint Venture Agreement with Arizore Ltd to establish a new entity, Arizore LLC, focused on mining operations and digital asset innovation [1][2][3] Joint Venture Agreement - The Joint Venture Agreement was signed on September 23, 2025, and involves the establishment of Arizore LLC in Nevada, which will engage in mining activities including exploration, development, and production of various minerals [1][2] - Each member, Bocana and Arizore, will hold a 50% interest in the JV Company, and all intellectual property related to tokenization will be jointly owned [4][5] Funding and Operations - Arizore Ltd will provide up to USD 60 million in secured loans for project funding, covering acquisition costs, due diligence, capital expenses, and operational costs, with no equity contribution required from Bocana [2] - Bocana will act as the operator for exploration and mining operations, adhering to regulatory standards [2] Digital Asset Innovation - The JV aims to develop a secure digital infrastructure for tokenization of mining-related assets, potentially enabling broader access to these instruments [3] - Plans include the creation of structured investment products and gold-backed tokens, subject to regulatory compliance [3] Management Structure - The governance structure includes equal representation on the board of managers from both members, with certain decisions requiring unanimous consent [5] - A board member from Arizore will join Bocana's board and vice versa, fostering collaboration between the two companies [5] Company Background - Bocana Resources Corp. is focused on mineral exploration and development in North and South America, holding a 100% working interest in mineral properties in Bolivia [6]