SNMN Enters in Acquisition Talks with High Revenue Producing Recycling Plant
SNM Global Holdings (OTC PINK:SNMN) is pursuing the acquisition of a high-revenue recycling plant, collaborating with a prominent environmental engineering company. This state-of-the-art facility focuses on tire and residual waste recycling through innovative technologies. CEO Troy Lowman emphasized the importance of converting waste into valuable resources, aligning with the company's vision for a cleaner environment. The anticipated acquisition is seen as a strategic move to monetize valuable raw materials while supporting sustainable practices.
- Acquisition discussions with a high-revenue recycling plant.
- Partnership with a renowned environmental engineering firm enhances credibility.
- Utilization of advanced technologies in recycling processes.
- Focus on converting waste into valuable raw materials aligns with sustainability trends.
- Dependence on regulatory approval and financing for acquisition.
- Forward-looking statements highlight uncertainties in achieving projected outcomes.
MIAMI, FL / ACCESSWIRE / May 10, 2022 / SNM Global Holdings (OTC PINK:SNMN)
SNM Global Holdings is pleased to announce it has entered in talks with the aim of acquiring a high revenue producing recycling plant in a joint venture with a world renowned environmental engineering company. The acquisition target is a recycling plant of tire and residual waste and represents the highest state of the art worldwide and, for the first time, makes use of advanced technologies that hitherto have been non-existent.
CEO Troy Lowman stated: "As I have said before, growth is a key focus and we will specifically be looking for situations that have current revenues or will be easy to monetize. I believe we have found such a special situation. Used tires, waste and residues are valuable raw material resources. Simply disposing of them or incinerating them is not in line with our vision. A cleaner world is directly linked to the conversion of waste products into valuable raw materials - with high returns. I look forward to providing timely updates as we continue making progress."
About SNM Global Holdings: SNM Global is a multi media production company investing in and acquiring its own inventory of wholly owned media along with tech investments in cannabis and crypto art. The company is diversified and will continue to grow its inventory of assets within areas that align with tech and media and can be operated in a remote capacity to hedge future economic uncertainty due to the changing world in which we live.
Forward Looking Statements: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. These forward looking statements relate to, among other things, plans and timing for the introduction or enhancement of our service and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations involving future revenues depend on our ability to develop and supply products and services that we may not produce today and meet defined expectations. When used in this press release the words "plan", " expect", and " believe" and similar expressions generally identify forward looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including but not limited to changes in technology and changes in pervasive markets. This release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed forward looking statements. Investors are cautioned that forward looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: CEO Troy Lowman
410-733-6551
ceotlowman@snm-global.com
SOURCE: SNM Global Holdings
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https://www.accesswire.com/700752/SNMN-Enters-in-Acquisition-Talks-with-High-Revenue-Producing-Recycling-Plant
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