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Chilco River Holdings, Inc. (CRVH) is a dynamic holding company specializing in the acquisition and development of high-growth businesses across diverse sectors, including commercial, food, beverage, and mining industries. Headquartered in Chatsworth, California, Chilco River is renowned for its strategic investments and continuous growth trajectory.
In 2023, Chilco River has made significant strides in expanding its business portfolio. The company is in advanced negotiations with a prominent iron ore mining entity, which has substantial proven reserves. This potential partnership is expected to enhance Chilco River's global footprint and open new revenue streams.
Recently, Chilco River acquired Leuffer Desarrollos S.A. de C.V, a leading Mexican exporter of iron ore. Leuffer has exported over 1.3 million metric tons of iron ore to major markets like China, Hong Kong, and the USA in the last three years. This acquisition is set to boost Chilco River’s mining capabilities, particularly in Mexico, where Leuffer holds multiple mining leases and operates near significant port facilities.
Chilco River is also making significant moves in the food and beverage sector. The company is actively exploring opportunities to enter the liquor and spirits market through mergers, acquisitions, joint ventures, or developing in-house brands. A new Chief Marketing Officer and marketing team are set to elevate the company's branding strategy, leveraging advanced AI technologies and enhancing social media engagement.
In a noteworthy development, Chilco River acquired American Hemp Brands, Inc. in November 2023. American Hemp Brands specializes in producing water-soluble, nano-emulsified cannabinoid products that significantly improve bioavailability and uptake rates compared to traditional methods. This acquisition positions Chilco River at the forefront of the burgeoning cannabinoid market, offering products that cater to both human and pet health.
Through these strategic developments, Chilco River aims to capitalize on market opportunities and achieve robust growth, thereby creating value for its shareholders.
For more information, visit http://www.chilcoriver.com.
Chilco River Holdings, Inc. (OTC: CRVH) has acquired a significant stake in L. Myers Associates, a printing and fulfillment house based in Harrisburg, PA. Founded in 1997, L. Myers operates a 20,000 sq ft facility and reported sales exceeding $5 million in 2022. The firm holds 10-year subcontracting agreements with Maryland and Pennsylvania, expanding its government-based business. Additionally, it services the hospitality sector, supplying uniforms and accessories to a five-star hotel chain in Pennsylvania. This acquisition is expected to enhance Chilco River's portfolio and align with its growth strategy.
Chilco River Holdings (OTC: CRVH) announced its intention to become a fully SEC reporting company by commencing audits of its financial statements for the past two years. The company has engaged Gries & Associates LLC, a PCAOB-registered auditor, to conduct the audits. Upon completion, Chilco plans to file Form 1-A with the SEC to qualify for raising capital under a Tier II Regulation A+ offering. CEO Will Lovett emphasized the priority of becoming fully SEC reporting and the importance of the audit process.
Chilco River Holdings (OTC: CRVH) announced a strategic shift towards premium, high-growth consumer packaged goods (CPG). The company is exploring synergistic acquisition opportunities and is set to develop its exclusive product lines. Chilco River will initiate the process to become a fully SEC-reporting company, aiming for an uplist to the OTCQB, which offers improved liquidity and attracts new investors. CEO Will Lovett expressed enthusiasm about executing the new business plan and will keep shareholders updated.
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