STOCK TITAN

Frima Holdings Announces the Formation of Saddle Creek Resources Corp.

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Firma Holdings Corporation (OTC PINK:FRMA) has announced the formation of Saddle Creek Resources Corp., aiming to identify gold and silver projects that could lead to near-term production and expand resources. This strategic move is intended to enhance Firma's growth and diversify its subsidiary base, contributing to a future precious metals-backed cryptocurrency. The company is also focusing on international investment opportunities through its subsidiaries, including ventures in renewable energy and carbon materials.

Positive
  • Formation of Saddle Creek Resources Corp. to pursue gold and silver projects.
  • Potential for near-term production and resource expansion.
  • Strategic diversification of subsidiary base to enhance growth.
  • Plans for a precious metals-backed cryptocurrency.
Negative
  • None.

DOWNERS GROVE, IL / ACCESSWIRE / April 25, 2022 / Firma Holdings Corporation (OTC PINK:FRMA) is pleased to announce the formation of Saddle Creek Resources Corp. Management now intends to seek out a gold and/or silver based precious metals project that has the characteristics that could lead to near term production and additionally provide resource expansion upside. Management believes that this sector will provide tremendous upside and adds balance to our current subsidiary base, while simultaneously adding a key component necessary for a potential precious metals backed crypto coin.

ABOUT SADDLE CREEK RESOURCES CORP.

Saddle Creek is seeking to acquire and develop a strategic gold or silver based precious metals project located in North America.

ABOUT FIRMA RENEWABLES CORP.

Renewable resources include biomass energy (such as ethanol), hydropower, geothermal power, wind and solar energy. Firma renewables is focused on partnering with several of the largest national developers of utility-scale projects.

ABOUT JAMORE FOOD & BEVERAGE INTERNATIONAL INC.

Jamore FBI markets multiple unique food and beverage products through its significant relationships throughout the food and beverage service distribution system. This process includes the expanding private label market as well as working with operators to purchase branded items from distributors. In addition, the sales teams will work to market various products directly to retailers.

FRMA's Plan of Operations.

FRMA is an emerging growth company under the JOBS Act of 2012 and, as a diversified holding company, will focus on emerging and middle market international investment opportunities through its subsidiaries. FRMA and its subsidiaries are in the process of acquiring interests, joint ventures, and licensing agreements along with diligently researching creating a Special Purpose Acquisition Company in the Renewable Energy space including advanced carbon materials.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Please read the full disclaimer at www.firmaholdingscorp.com

Contact: info@firmaholdingscorp.com

SOURCE: Firma Holdings Corp.



View source version on accesswire.com:
https://www.accesswire.com/698583/Frima-Holdings-Announces-the-Formation-of-Saddle-Creek-Resources-Corp

FAQ

What is the purpose of Saddle Creek Resources Corp. formed by Firma Holdings (FRMA)?

Saddle Creek Resources Corp. is formed to seek gold and silver projects that can lead to near-term production and resource expansion.

How does Firma Holdings (FRMA) plan to diversify its operations?

Firma Holdings aims to diversify by forming Saddle Creek Resources and focusing on international investments in precious metals and renewable energy.

What are the key targets for Firma Holdings (FRMA) in precious metals?

The key targets include acquiring gold and silver projects in North America with potential for production and expansion.

When was Saddle Creek Resources Corp. announced by Firma Holdings (FRMA)?

Saddle Creek Resources Corp. was announced on April 25, 2022.

FIRMA HOLDINGS CORP

OTC:FRMA

FRMA Rankings

FRMA Latest News

FRMA Stock Data

275.04k
392.91M
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Henderson