
Core Viewpoint - Horizon Fintex and Diamond Lake Minerals have entered into a $3.75 million stock-for-stock share exchange partnership aimed at enhancing trading liquidity and providing economic benefits to shareholders of both companies [2][14]. Group 1: Partnership Details - Horizon Fintex issued 1,250 common shares at a price of $3,000 per share in exchange for 1,000,000 newly issued common shares in Diamond Lake Minerals [4][14]. - The partnership is designed to bring new issuers to list on Upstream, thereby increasing trading liquidity [4][15]. - Diamond Lake Minerals has also signed a Cooperation, Marketing & Referral Agreement with a Horizon Fintex subsidiary to assist in introducing issuers seeking to list on Upstream [4]. Group 2: Upstream Exchange Features - Upstream allows investors to trade directly through a trading app, eliminating the need for stockbroker intermediaries [5]. - The platform operates in real-time for 20 hours a day, five days a week, with transparent order books and features designed to prevent market manipulation [5]. - Upstream supports trading in tokenized securities using various payment methods, including credit/debit cards, PayPal, USD, and USDC stablecoin [15]. Group 3: Company Backgrounds - Diamond Lake Minerals, founded in 1954, focuses on developing digital assets and SEC-registered security tokens, aiming to combine traditional business principles with modern digital innovations [8]. - Horizon Fintex powers Upstream, a regulated tokenized-securities exchange, and aims to democratize stock trading through blockchain technology [19][24]. - The partnership is seen as a significant step in building a model for future public companies, emphasizing compliance with securities laws and regulations [17].