Welcome to our dedicated page for Asia Broadband news (Ticker: AABB), a resource for investors and traders seeking the latest updates and insights on Asia Broadband stock.
Asia Broadband Inc. (OTC: AABB) is a resource company focused on precious metals production and the accumulation of physical gold and silver holdings, with operations centered in Mexico. The AABB news feed on Stock Titan brings together company announcements that describe how Asia Broadband develops its gold and silver projects, expands processing capacity and manages its digital asset initiatives.
News about AABB often covers operational updates at its Etzatlan, Jalisco gold and silver processing facility, including production trends, expansion phases and responses to events such as severe weather-related interruptions and subsequent repairs and restructuring. The company also reports on new processing and production agreements for large-scale ore stockpiles, mining asset evaluations and capital allocation plans aimed at prioritizing high-potential projects.
Asia Broadband regularly issues updates on its digital assets segment, including the AABBG mine-to-token gold-backed cryptocurrency, the planned AABBS silver-backed token and associated products such as the AABB Wallet and NFT collections. These releases provide insight into how the company links its physical metal production to tokenized assets and related offerings.
Additional news items may include information on technology initiatives such as the company’s reduced graphene oxide (rGO) gold recovery system, as well as statements about planned legal actions related to alleged market manipulation of AABB shares. Investors and observers can use this page to review Asia Broadband’s own descriptions of its mining operations, expansion projects, digital asset developments and corporate actions over time.
Asia Broadband (OTC: AABB) announced the addition of KYN Capital Group as a commercial client for its AABB Wallet, enhancing its digital asset segment. The company is focusing on expanding its client network to boost revenue from the AABB Wallet, AABBG token, and AABB Exchange. Additionally, AABB is launching new features for its recently introduced cryptocurrency exchange, AABBExchange.com, which will soon support over 200 trading pairs. An international marketing campaign for the exchange and token is set to launch next month.
Asia Broadband Inc. (OTC: AABB) announced an update on its mining property acquisitions and cryptocurrency initiatives. The Company has acquired two gold properties in Mexico, with production from the Tequila Gold Mine expected to start in March. Development for the Los Reyes and Colima properties has been discontinued. AABBExchange.com is enhancing its trading capabilities and plans an international marketing campaign for its gold-backed AABBG token. The Company aims for increased revenues and to qualify for a major exchange uplisting later this year.
Asia Broadband Inc. (OTC: AABB) provided a corporate update detailing its mining strategy focused on Mexico, aiming to leverage local resources for growth. The company has acquired two gold properties, Bonanza Gold Mine and Tequila Joint Venture, with production expected by March. Meanwhile, the Los Reyes and Colima projects are discontinued. AABBExchange.com, the company's proprietary cryptocurrency exchange, is evolving with new trading algorithms and an upcoming marketing campaign. AABB plans to enhance its gold-backed AABBG token and prepare for a major exchange uplisting audit later this year.
Asia Broadband Inc. (OTC: AABB) has announced the expansion of its cryptocurrency exchange by incorporating additional trading pairs within the AABB Wallet. The exchange, launched recently, allows users to execute trades with more options available. In collaboration with its digital assets developer, AABB plans to offer over 200 trading pairs on its platform soon. This initiative aims to enhance functionality and usability, including a Spanish language version, contributing to its market penetration strategy.
Asia Broadband Inc. (OTC: AABB) has launched its proprietary cryptocurrency exchange within the AABB Wallet, marking the first phase of the Exchange's rollout. Users can now execute trades on available pairs SHIB/AABBG and AABBG/USDT, with plans to add over 200 pairs in January. The Exchange aims to enhance functionality, usability, and market reach. AABB continues to integrate its operations, leveraging its expertise in precious metals to innovate in digital currencies, particularly its gold-backed cryptocurrency AABBG. The company seeks to establish AABBG as a stable and trusted exchange medium.
Asia Broadband Inc. (OTC: AABB) has announced the release date of its cryptocurrency exchange on December 28, 2021. The company is in the final stages of testing and integrating the platform, which will feature 150 trading pairs, with plans to add 50 more soon. The Exchange will enhance usability with additional capabilities, including a web version and a Spanish language option. AABB also aims to position its AABBG gold-backed cryptocurrency as a stable and trusted alternative in the digital currency market, leveraging its expertise in precious metals.
Asia Broadband Inc. (OTC: AABB) has signed a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project for $6 million, comprising $2 million in cash and $4 million in restricted shares. The 19.25-hectare property, located in Nayarit, Mexico, has shown promising high-grade gold assay results, reaching over 10 grams per ton. This acquisition aligns with AABB's strategy to expand gold production and enhance physical gold holdings, leveraging its expertise in Mexico’s mining sector.
Asia Broadband Inc. (OTC: AABB) has reported over $1.1 million in AABBG Gold Token sales in the past four weeks ending November 15, ahead of its upcoming proprietary cryptocurrency exchange launch. The AABBG token is backed by $30 million in physical gold and aims to become a globally recognized standard of exchange. The company is also enhancing its cryptocurrency exchange with over 100 trading pairs and additional features. AABB's unique Mine-to-Token integration strategy aims to ensure independence from fiat currency while hoping for significant market demand post-Exchange launch.
Asia Broadband Inc. (OTC: AABB) has launched a corporate presence and satellite office in El Salvador to serve as its operations hub for Central and South America ahead of a new Exchange launch. The company has registered a subsidiary, AABBG Exchange Sociedad Anonima De Capital Variable, to enhance business development and marketing efforts. AABB's wallet and Exchange are gaining popularity among Salvadoran businesses, and the company is targeting major retailers for partnerships. Additionally, AABB is exploring the establishment of a geothermal-powered cryptocurrency mining facility in El Salvador.
Asia Broadband (OTC: AABB) announced its final preparations for the launch of its proprietary cryptocurrency exchange integrated within the AABB Wallet. The new Exchange features enhancements like a web version and Spanish language support, enabling users to trade 82 cryptocurrencies for AABBG tokens. The BCGateway platform, now operational, will enhance transaction speed and reduce blockchain fees. AABB aims to establish its gold-backed token as a leading standard in the cryptocurrency market.