ASPZ Forms Asia Gold LLC in Alaska
Asia Properties Inc. (OTC PINK:ASPZ) announced the formation of a wholly owned LLC in Alaska, enabling the company to own or lease mining claims there. The company is negotiating a gold mining lease and plans to issue an Initial Coin Offering (ICO) based on a Forward Contract for gold. CEO Debra Childers stated that the company uploaded two years of filings on August 6 and expects to transition to Pink Current status by Q3 2021, with aspirations to up-list to OTCQX by Q4 2021.
- Formation of a wholly owned LLC in Alaska facilitates ownership of mining claims.
- Plans to issue an ICO based on a Forward Contract for gold could enhance financial opportunities.
- Expectations to become Pink Current and apply for OTCQX listing may improve market visibility.
- Dependence on negotiations for gold mining lease presents execution risk.
- Forward-looking statements indicate uncertainty and potential risks affecting performance.
CHEYENNE, WY / ACCESSWIRE / August 9, 2021 / Asia Properties Inc. (OTC PINK:ASPZ) today confirmed that it has formed a wholly owned LLC in Alaska.
The Company is currently conducting due diligence and negotiating to acquire a gold mining lease in Alaska. Owning an Alaskan LLC allows ASPZ to own or lease mining claims in the state. ASPZ intends to use this lease to issue an Initial Coin Offering "ICO" selling a Forward Contract for gold.
Re: OTC Listing Status
CEO Debra Childers commented on its reporting status, said "we uploaded the last two years of filings on August 6th and expect the Stop sign to soon be replaced by a Yield sign."
ASPZ intends to complete all its reporting requirements on OTC Markets and become Pink Current within Q3, 2021. ASPZ then intends to apply to up-list to the OTCQX before end of Q4, 2021.
Please visit our new website: www.aspzgold.com
About the Company
Asia Properties Inc, is a Wyoming, USA domiciled junior mining company, intent on acquiring gold claims and mines and then securitizing them on the blockchain via ICOs and STOs, The Company will then list the tokens on highly liquid exchanges such as Uniswap and Binance.
Forward-Looking Statements
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
ASPZ has 77.84 million shares issued and outstanding with 26.60 million shares at DTC.
Contact:
Aric Recker
Investor Relations
Tel(248) 291-7494
arecker@iroverflow.com
For more information on Asia Properties Inc please visit:
www.aszpgold.com
SOURCE: Asia Properties, Inc.
View source version on accesswire.com:
https://www.accesswire.com/658911/ASPZ-Forms-Asia-Gold-LLC-in-Alaska
FAQ
What recent developments has ASPZ announced regarding their operations?
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What are ASPZ's plans for up-listing?
