Mine-to-market global jewelry producer GEMXX (OTC: GEMZ) is polishing its operational profile with news of its progress in efforts to finance its gold and ammolite mining operations and expand its brand awareness in public trading markets.
GEMXX recently announced that new investment has strengthened its financial position and provided new energy to fulfilling its growth strategy while it works to select an engineering firm best suited to conducting National Instrument 43-101 reports on its assets (https://ibn.fm/OxUrw).
The company subsequently engaged Hybrid Financial Ltd. to provide marketing and brand awareness services that it expects to attract further investment over the next 12 months, particularly through a Reg A offering that is fully qualified for $6 million at 40 cents ($0.40 USD) per share (https://ibn.fm/Q7FC5).
GEMXX has also welcomed the corporate communications expertise of InvestorBrandNetwork (“IBN”) for expanding its brand awareness through IBN’s investor-based distribution network of over 5,000 syndication outlets, newsletters, social media channels, wire services and blogs, as announced earlier this month ((https://ibn.fm/pAdPG).
GEMXX stands out as a company that mines its own gold reserves for use in its jewelry production, which provides the company an edge in cutting its costs.
In March, the company announced it had acquired a 50 percent ownership stake in Canadian gold mining company Crazy Horse Mining Inc. Crazy Horse’s assets include a 100 percent interest in the Snow Creek and Rosella Creek gold projects, which are spread across more than 700 acres in British Columbia (https://ibn.fm/1SQYx).
Crazy Horse estimates it can easily recover more than 100,000 ounces of gold from the sites, and has scheduled an S-K 1300-compliant Resource Report to provide a more comprehensive assessment of its estimate.
GEMXX also mines a rare gem called Ammolite for its jewelry — a gem similar to black opal that is derived from the fossilized shells of ammonites, a group of extinct marine nautiluses, that lend distinctive color arrays to the company’s products.
The gemstones come from deposits in Alberta, Canada.
“We are tremendously pleased with the development of the Company over the past several months and we are extremely excited for the anticipated growth,” CEO Jay Maull stated in May (https://ibn.fm/mpKSK).
For more information, visit the company’s website at www.GEMXX.com.
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ
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