• 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 InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

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

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.