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Asia Broadband Ord Shs (OTCMKTS: AABB) Signs a Letter of Intent to Form a Joint Venture for the Tequila Gold Mine Project



Asia Broadband Ord Shs (OTCMKTS: AABB) has announced that they have signed the letter of intent to secure 80% interest in the production and development of the Tequila gold mine project. Previously drilling was done in the property of Tequila gold mine, and they found gold and silver mineralization veins with high-grade potential. However, the previous company was unable to come to terms with the owner of the property. The Tequila gold mine is a high asset added to the company’s strategic plan to acquire more gold and increase gold holdings.

In the upcoming weeks, Asia Broadband will be continuing further negotiations to complete the joint ventures for the property. The AABB anticipating negotiating a joint venture agreement before October.  The chances of exchange of this project have increased in the previous few months. Asia Broadband continues to implement its mining property acquisition strategy to optimize the development of the business. In addition, AABB has released mine-to token gold-backed cryptocurrency.

Asia Broadband Reaches Final Stages of Development to Launch the Proprietary Cryptocurrency

On September 20, 2021, Asia Broadband announced that it had reached its final stages of development to launch a proprietary cryptocurrency. With over 14,000 AABB Wallet downloads and 260,000 lines of development code, the size of the project has grown hugely over the several months. Moreover, many new features are introduced in the project for the users and expand functionality, module, usability, and market penetration, including the language version of Spanish and the new exchange web version. Hence, the new exchange platform of AABB will be launched in the coming weeks. In addition, Asia Broadband’s exchange website is reached its completion process, the user interface for the trading and interaction demonstration components are in their final stages to be published. The company plans to establish a presence in Central America for AABBG token and exchange for several months. The management team of AABB has made several visits to El Salvador in the process of creating a subsidiary to facilitate the launching of a satellite office.

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