Energy Today Inc listed on the OTC markets ticker (NRGT) has closed the acquisition of the mine La Palmichala 43-101
Energy Today Inc listed on the OTC markets ticker (NRGT) has closed the acquisition of the mine La Palmichala 43-101 and issued shares to acquire the gold mine
Energy Today (OTCMKTS:QEDN, NRGT)
MEDELLIN, ANTIOQUIA, COLOMBIA, February 6, 2024 /EINPresswire.com/ -- Energy Today Inc. a company listed on the OTC markets ticker (NRGT) has closed the acquisition of the mine La Palmichala 43-101 a working gold mine that has technical mining report NI 43-101 Technical Report. A NI 43-101 Technical Report is the first-time report on a mineral property (exploration or operating), that includes a summary of the exploration activities with inherent Quality Control/Quality Assurance (QA/QC) on a project and a summary of the mineral resource. It is estimated that the mineral resources for la Palmichala are 43,435 troy ounces of Gold indicated resources and 273,902 troy ounces of Gold of inferred resources. The current value of Troy ounces on February 5, 2024 is $2,034.40
The current owners of the mining title of La Palmichala agreed to receive restricted shares of Energy Today (NRGT) in exchange for the mining title. Shares will have a restricted legend for 2 years. The restriction legend will not be removed for a minimum of 2 years or sold into the market till the restriction is removed. All funding will be used to: 1- operate the gold mine, 2- to update the 43-101, and 3- to purchase more mining titles.
This 100% Acquisition of La Palmichala is a very important primary asset allowing NRGT to access capital from several strategic financing sources.
The CEO Energy Today visited the mine la Pamichala and is in the process of receiving all the equipment and reviewing all the legal documentation of the gold mine, including equipment, the current ledger of previous gold sales for the last 5 years, and the current status of all permits.
QED Connect a company listed on the OTC markets ticker (QEDN) owns 25,033,097 shares on Energy Today (NRGT).
QEDN will show an increase in the balance sheet assets, as well as the revenue from gold sales.
GMS is starting to grow Sacha Inchi in la Palmichala mine. This project will show how growing Sacha Inchi can minimize the environmental impact of mining. This will be the first green mine using Sacha Inchi worldwide.
Energy Today (NRGT) will pledge the reserves in the Gold Mine to secure the previously announced $20,000,000 bridge loan from 40 Brightwater LLC
About NRGT
Energy Today has acquired Green Mind Solutions International SAS. A company located in Medellin Colombia. In 2013, GREEN MINE INTERNATIONAL CORPORATION commissioned CONSULTORES INDEPENDIENTES EN GESTION DE RECURSOS NATURALES S.A. (CRN) the prepare of a Technical Report under the Canadian Securities Administrators National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). In the mine La Pamichala. The property has a history of over a century of mining. Currently, Palmichala mine is operating under a yearly License for Exploitation, reporting to the Ministry of Mines and Energy to obtain the Mining Authorization. The Segovia-Remedios Mine District (SRMD) is located on the eastern margin of the Central Cordillera, in the Nordeste sub-region of the Antioquia Department, Colombia. This mining district has been a gold-productive area for 150 years. Green Mind Solutions International is working with the owners of La Pamichala and an exporter of Gold in Colombia to obtain a lease and operating agreement to extract the minerals of this mine and other mines and to grow Sacha Inchi as part of the environmental program required by the Colombia government This project will be the first real Green Mind with Sacha Inchi. The Sacha Inchi will be sold to Green Mind Solutions SAS a project by QED Connect (QEDN). Sacha Inchi is a seed rich in Omega 3,6,9, and complete vegan protein with all 9 essential amino acids.
About QEDN
GMS Green Mind Solutions SAS a Colombian company started to work with farmers in Colombia in 2013 to develop an alternative crop to the illegal crops (Coca leaves) with Sacha Inchi a superfood rich in Omega 3,6,9 and complete vegan protein with all 9 essential amino acids. QED Connect invested in GMS to help develop the Sacha Inchi seeds into a tasty snack, a powder, and a beverage. GMS buys Sacha Inchi Seeds from farmers surrounding mining communities and other farming areas. The seeds are transformed into a tasty snack, a powder, and a beverage. In 2020, GMS started to develop the Sacha Inchi beverage. The Company markets all its products to private labels and its registered brand GMSacha Inchi in Colombia and worldwide. GMSacha Inchi is the only beverage in the world with Omega 3,6,9 and a complete vegan protein with all 9 amino acids. GMSacha Inchi has also developed the pet brand and has obtained the certification to manufacture the GMSacha Inchi Pet brand. In October 2023 GMSacha Inchi signed an agreement with Coomultiagro to purchase all its production and guarantee enough Sacha Inchi to produce GMSacha Inchi products. Coomultiagro is an association of 700 families in Putumayo that received USD 5.7 Million from South Korean International Cooperation "KOICA" to do crop substitution with Sacha Inchi and it is managed by the United Nations Office of Drug and Crime "UNODC." GMS has also two more projects with Colombia Sostenible project finance by the Colombia government.
About 40 Brightwater LLC.
40 Brightwater LLC. is a private company focused on the acquisition & merger of private and public companies using its access to an existing financial consortium and new financial relationships by way of its Managing Member / President & CEO Shannon Newby."
A safe harbor for forward-looking statements is provided by the Private Securities Litigation Reform Act of 1995 (Reform Act of 1995). The Reform Act of 1995 was adopted to encourage such forward-looking statements without the threat of litigation, provided those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause the actual results to differ materially from those projected in the statement. Forward-looking statements have been and will be made in written documents and oral presentations of QED Connect (GMS) and Energy Today (NRGT) and its subsidiaries. Such statements
Katharina Nanny Bahnsen
GMSacha Inchi QEDN
+1 775-391-8601
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