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Asia Broadband Corporate Update 2026: Precious Metals Rally Fuels Growth Momentum
Globenewswire· 2026-01-28 13:00
Mining Operations Update - The Etzatlan Plant will resume production on February 02, 2026, after repairs and improvements following flooding that halted operations in October 2025 [1] - From May to September 2025, the Company processed 34,500 tons at an average of 300 tons per day, generating a gross profit of $2,292,570 USD [2] - A new long-term processing agreement for a gold and silver ore stockpile in Etzatlán, Mexico, is expected to exceed $1 billion in value, marking the largest asset addition in the Company's history [4] - The Tequila Joint Venture saw increased production in 2025 due to improved recoveries and reduced costs, with expectations to maintain similar production levels [5] Technology and Facility Updates - The Phase 2 expansion of the Etzatlan Plant is delayed to integrate new rGO technology, with completion expected by May 2026 [3] - The rGO technology pilot plant is being fabricated off-site, with commissioning and testing anticipated by the end of March 2026 [12] - Live streaming camera feeds for real-time access to the processing plant are expected to launch by February 28, 2026, enhancing transparency [13][14] Digital Assets Operations - The new AABB Wallet is ready for launch in early February, rebranded for better market adoption [16][17] - The AABBG Token has migrated to the Algorand blockchain, with a current price of $16.68 USD, reflecting a nearly 200% increase over 60 months [18][19][20] - A silver-backed token (AABBS) is set to launch on February 10, 2026, amid increased market interest in silver [21] Marketing and Community Engagement - A comprehensive 2026 Digital Assets Marketing Campaign with a budget of over $1,200,000 USD will promote the new wallet and tokens [22][23] - The NFT initiatives continue to engage the community through events and storytelling, with two books released to enhance brand value [26][29] Legal and Corporate Developments - The Company has filed a federal lawsuit against market makers for securities fraud, seeking $250 million in damages [31][32] - Plans to elevate listing status to the OTCQB Venture Market are underway, driven by investor demand for enhanced transparency [33][34] Commemorative Initiatives - A commemorative silver coin program is being developed to celebrate key milestones and engage investors [36][37][38]