Mining Stocks

Asia Broadband Inc. (AABB) Launches Sale of AABB Gold Cryptocurrency Token

  • Asia Broadband Inc. announced the sales launch of the Company’s AABB Gold (“AABBG”) cryptocurrency token developed by Core State Holdings, Corp. (“CSHC”)
  • The new token from AABB Wallet will be available for purchase in exchange for other major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin
  • The price of the AABBG token will increase or decrease, reflecting the token’s general market demand, which in turn will be influenced by the overall price of gold (the minimum token piece will increase and decrease with the price of gold, but the upside price of the token will also be influenced by market demand for the token)

Asia Broadband (OTC: AABB), is a resource company engaged in the production, supply, and sale of base and precious metals, mainly to the Asian markets.  Recently, the company announced the sales launch of the company’s AABB Gold (“AABBG”) cryptocurrency token developed by Core State Holdings, Corp. (“CSHC”).

With this launch, Asia Broadband further strengthens its position as a world leader in providing a transparent and trusted gold-backed standard of exchange by expanding token circulation targeting high growth markets globally including China and East Asia (https://ibn.fm/STzhi).

This new token from AABB Wallet will be available for purchase in exchange for other major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Support and guide information for potential customers and users of the AABB Wallet is available on the website at www.AABBGoldToken.com, or through direct contact via the support page at https://AABBGoldToken.com/support. AABB Wallet users must update the app or download to install the latest version of the app and pass the Know Your Client (“KYC”) process to purchase the new AABB Token.

At the current market price of gold, the initial token release available for purchase is 5.4 million tokens at the one-tenth (0.1) gram of gold price (approximately USD 5.60) for each AABBG token. This token release is backed by $30 million (physical gold) the company holds. (The token is and will continue to be backed 100% by gold holdings of the company, even as additional tokens are made available for sale beyond the 5.4m initially offered for sale.) The pricing of the token works in the following manner: as the market price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease, although the potential upside price of the token will be determined by the token’s market demand.

In October last year, Asia Broadband acquired a high potential mineral property in the state of Colima, Mexico. Geophysics and groundwork have revealed significant mineralization in various segments of the Colima property. Early this year, the company announced an allocation of $10 million for the construction of exploration and development facilities and infrastructure roads on this high potential property. It’s important to note that the company intends to leverage their past production and development success in Mexico to rapidly expand and move toward production with their current projects, such as Colima.

For more information, visit the company’s website at www.AsiaBroadbandInc.com.

NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.miningnewswire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.miningnewswire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.miningnewswire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Lacey@MNW

Share
Published by
Lacey@MNW

Recent Posts

PEA Study for Near-Term Gold Producer LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) to Deliver Support for Restarting Vertically Integrated Abitibi Operation

Gold explorer and near-term producer LaFleur Minerals has hired global environmental consultant firm Environmental Resources…

9 hours ago

Gold Inches Towards $4100 as US-China Trade Tensions Heighten

The start of this week saw the prices of silver and gold reach new highs…

10 hours ago

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) Positioned for Growth as AI Data Centers Drive Copper Demand

The next phase of the digital revolution will rely heavily on copper Trilogy Metals is…

2 days ago

Silvercorp Metals Inc. (NYSE-A/TSX: SVM) Reiterates Commitment to ESG-Driven Growth in 2025 Sustainability Report

Canada-based Silvercorp Metals, operating mining projects in China and Ecuador, released its 2025 Fiscal Year…

2 days ago

Copper Retreats as Trump Hints at New Severe Tariffs on China

Last month, Mexico announced plans to raise tariffs on auto parts and vehicle imports from…

2 days ago

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) CEO Outlines Path to Production Growth, Highlights Santa Fe Project Progress

The broader gold market provides a powerful backdrop for Lahontan’s efforts CEO emphasizes Nevada as…

3 days ago