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GENERAL EUROPEAN STRATEGIC INVESTMENTS INC. (GESI) is creating a joint venture company with HMS Bergbau AG to explore and develop strategic minerals in Finland. Laakso Minerals Oy holds multiple exploration licenses relevant to this collaboration. The transaction aims to advance the Company's mineral rights without shareholder dilution. HMS Bergbau AG, based in Germany, actively engages in mining, mineral development, and commodity trading across Asia, Africa, and Europe.
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GENERAL EUROPEAN STRATEGIC INVESTMENTS INC. (OTC Pink: GESI) has entered into a MOU with HMS Bergbau AG to create a joint venture company for exploring and developing strategic minerals in Finland. HMS Bergbau will pay for licensing fees and provide valuable expertise. GESI shareholders benefit from advancement of mineral rights without dilution.
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GENERAL EUROPEAN STRATEGIC INVESTMENTS INC. (OTC Pink: GESI) has appointed Mr. Luis Martins as its new independent Director, replacing Mr. Kyle Appleby. Mr. Martins is a geologist with 40 years of experience in the exploration and mining sector. He is currently the President and CEO of Fairchild Gold Corp and has served in various geological and mining roles throughout his career. Mr. Martins is a member of the High-Level Group of the European Innovation Partnership on Raw Materials and has published 110 papers in peer-reviewed publications.
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FAQ
What is the current stock price of GENERAL EUROPEAN STRATGS (GESI)?
The current stock price of GENERAL EUROPEAN STRATGS (GESI) is $0.016 as of April 16, 2024.
What is the market cap of GENERAL EUROPEAN STRATGS (GESI)?
The market cap of GENERAL EUROPEAN STRATGS (GESI) is approximately 5.5M.
What is the recent transaction announced by GESI?
GESI has entered into a Binding Memorandum of Understanding with HMS Bergbau AG to create a joint venture company for exploring strategic minerals in Finland.
Who is Laakso Minerals Oy and how are they involved in the collaboration?
Laakso Minerals Oy, a subsidiary of GESI, holds multiple exploration licenses in Finland that are relevant to the joint venture with HMS Bergbau AG.
What is the significance of the transaction for GESI shareholders?
The transaction aims to advance GESI's substantial mineral rights in Finland without causing shareholder dilution.
Who is HMS Bergbau AG and what are their core activities?
HMS Bergbau AG, based in Germany, is a leading independent natural resources mining and commodity trading company engaged in mining, mineral development, and commodity trading across Asia, Africa, and Europe.
Where are the shares of HMS Bergbau AG listed?
Shares of HMS Bergbau AG are listed on the Basic Board of the Frankfurt Stock Exchange in Germany.
GENERAL EUROPEAN STRATGS
OTC:GESI
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149.76M
56.46%
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