AABB – Asia Metals Inc. Proceeds With Purchase Negotiations For Gold Mine Acquisition
LAS VEGAS, Dec. 5, 2019 /PRNewswire/ — Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., today announced that subsequent to completing assessments and due diligence focussed on several candidate gold mine acquisitions, the Company has initiated purchase negotiations. The Company’s acquisition team recently completed additional property site visits in South and Central America with its mineral lands agent specializing in the Americas region, geological consultant to assess production profit potential and representatives from the Company’s Joint Venture Partner to analyze the expansion potential of each site location. The Company expects to complete the negotiations and acquire a new gold mine and its surrounding property with high development potential in January 2020.