Skyline Announces Change in Strategy, New Management and First Acquisition in Critical Minerals Space

Leadership Changes - Paul Mann has been appointed as Executive Chairman effective January 1, 2026, bringing 25 years of experience as an investor and entrepreneur [3][4] - Mann previously built ASP Isotopes Inc. to a market cap exceeding $1 billion and has extensive experience in investment firms such as Morgan Stanley and Soros Fund Management [3][4] Strategic Direction - The company has raised over $40 million from institutional investors, including $2.5 million from Quantum Leap Energy LLC and $3.5 million from Mann personally [5] - The company aims to become a strategic supplier of critical minerals and nuclear fuels, focusing on U.S. customers to ensure access to essential materials [6][7] Acquisition Details - The company has made its first acquisition in the critical minerals space by purchasing a 20% interest in a privately held LLC with significant assets in Asia for $20 million [9] - Further information regarding this investment will be disclosed once government approvals are obtained, expected in Q4 2024 [10] Headquarters Relocation - The company plans to relocate its headquarters from Hong Kong to Washington D.C. to align with its strategic shift towards supplying critical materials to the U.S. [11]