Trending...
- Wohler announces three SRT monitoring enhancements for its iVAM2-MPEG monitor and the addition of front panel PID selection of A/V/subtitle streams
- Safe Health Zones: A Global Breakthrough to Protect Night-Shift Workers from Preventable Harm
- Schemawriter.ai launches WordPress plugin as industry leaders confirm - schema markup is critical
DENVER - IndianaStop -- Vortex Brands Co., a diversified holding company focused on scalable, asset-backed ventures, is pleased to announce it has officially commenced gold purchases under a newly formed joint venture with a Dubai Free Zone company. The JV is focused on acquiring gold dore and bullion from artisanal miners in Africa and exporting it to Dubai for refining and sale.
The initial purchase of 10 kilograms of gold dore has been fully funded and is currently being picked up and transported to Dubai for refining and monetization. Upon completion of this transaction, an additional 10-kilogram purchase will immediately follow, with transactions scheduled to occur on a biweekly basis. The gold dore being acquired is approximately 95% pure, ensuring high recovery value upon refining.
The joint venture is expected to scale to as much as 1,000 kilograms (1 metric ton) of gold per month, based on the current production capacity and supply commitments offered to the JV partners by artisanal sources.
More on indianastop.com
The JV partner, a Dubai Free Zone company, is responsible for overseeing the handling, refining, and sale of the gold, ensuring full regulatory compliance, efficient processing, and streamlined access to global buyers in one of the world's most trusted gold trading centers.
"This is a transformative moment for Vortex Brands," said Todd Higley, CEO of Vortex Brands. "We've spent months establishing reliable supply chains and refining partners and now we're positioned to participate in the global gold trade with a structure that is scalable, secure, and profitable. With increasing global demand for gold and tightening supply, we believe this JV opens the door to long-term value creation for our shareholders."
This move comes at a time when gold continues to gain prominence as both a hedge against inflation and a reserve asset in uncertain markets. According to the World Gold Council, central bank gold purchases remain at multi-decade highs, and artisanal mining continues to supply a significant portion of the global gold market--making this JV both timely and strategically important.
More on indianastop.com
The joint venture supports VTXB's broader objective of building diversified, revenue-generating verticals in real assets. The Company will provide further updates as additional milestones are achieved under this partnership.
About Vortex Brands Co. (VTXB)
Leveraging its digital asset background, Vortex Brands is expanding into real assets with a sharpened focus on commodities trading. This strategy is underscored by a new gold joint venture and the active pursuit of high-value partnerships and acquisitions in sectors like oil and gas technology, all aimed at building a robust portfolio of asset-backed, revenue-generating ventures.
The initial purchase of 10 kilograms of gold dore has been fully funded and is currently being picked up and transported to Dubai for refining and monetization. Upon completion of this transaction, an additional 10-kilogram purchase will immediately follow, with transactions scheduled to occur on a biweekly basis. The gold dore being acquired is approximately 95% pure, ensuring high recovery value upon refining.
The joint venture is expected to scale to as much as 1,000 kilograms (1 metric ton) of gold per month, based on the current production capacity and supply commitments offered to the JV partners by artisanal sources.
More on indianastop.com
- Bent Danholm Releases New Video Breaking Down the Rising Debate Over 50-Year Mortgages
- New Smile Now Introduces RAYFace 3D Scanner to Advance Digital Surgery
- Ali Alijanian, DDS Featured in The Profitable Dentist Magazine
- "Meet the Eatmons" Offer Financial Advice ahead of the Holidays
- CCHR: Study Finds Involuntary Commitment Fails to Prevent Suicide, Raises Risk
The JV partner, a Dubai Free Zone company, is responsible for overseeing the handling, refining, and sale of the gold, ensuring full regulatory compliance, efficient processing, and streamlined access to global buyers in one of the world's most trusted gold trading centers.
"This is a transformative moment for Vortex Brands," said Todd Higley, CEO of Vortex Brands. "We've spent months establishing reliable supply chains and refining partners and now we're positioned to participate in the global gold trade with a structure that is scalable, secure, and profitable. With increasing global demand for gold and tightening supply, we believe this JV opens the door to long-term value creation for our shareholders."
This move comes at a time when gold continues to gain prominence as both a hedge against inflation and a reserve asset in uncertain markets. According to the World Gold Council, central bank gold purchases remain at multi-decade highs, and artisanal mining continues to supply a significant portion of the global gold market--making this JV both timely and strategically important.
More on indianastop.com
- Slotozilla's Q3 2025: SBC Lisbon Outcomes and Partnership Expansion
- Historic Announcement for the Global Car Rental Industry
- Siembra Brings 18 Latinx Artists Together in Brooklyn Exhibition
- Gramercy Tech Launches StoryStream
- Turbo vs. Experts: Tracking OddsTrader's AI Performance at the NFL's Midpoint
The joint venture supports VTXB's broader objective of building diversified, revenue-generating verticals in real assets. The Company will provide further updates as additional milestones are achieved under this partnership.
About Vortex Brands Co. (VTXB)
Leveraging its digital asset background, Vortex Brands is expanding into real assets with a sharpened focus on commodities trading. This strategy is underscored by a new gold joint venture and the active pursuit of high-value partnerships and acquisitions in sectors like oil and gas technology, all aimed at building a robust portfolio of asset-backed, revenue-generating ventures.
Source: Vortex Brands Co.
0 Comments
Latest on indianastop.com
- Torch Entertainment Presents The Frozen Zoo
- City of Bloomington Parks and Recreation Earns National Accreditation
- Evansville: Mayor Terry Announces 2025 Forward Together Grant Recipients
- Sweet Memories Vintage Tees Debuts Historic ORCA™ Beverage Nostalgic Soda Collection
- UK Financial Ltd Celebrates Global Recognition as MayaCat (MCAT) Evolves Into SMCAT — The World's First Meme Coin Under ERC-3643 Compliance
- Bloomington: Connect with City Leaders at District 6 Traveling Town Hall
- U.S. Military to Benefit from Drone Tech Agreement with NovaSpark Energy, Plus Longer NASA Space Missions via Solar Power Leader: Ascent Solar $ASTI
- $76 Million in Gold & Silver Holdings and Expanding Production — Pioneering the Future of Gold: Asia Broadband Inc. (Stock Symbol: AABB) is Surging
- Wohler announces three SRT monitoring enhancements for its iVAM2-MPEG monitor and the addition of front panel PID selection of A/V/subtitle streams
- Schemawriter.ai launches WordPress plugin as industry leaders confirm - schema markup is critical
- 20 Million Financing to Accelerate Growth and Advance Digital Asset Strategy Secured for Super League (N A S D A Q: SLE)
- uCAR Trading Launches goldsilbermarkt.de, a New Online Shop for Precious Metals
- Webinar Announcement: Reputational Risk Management in Internal Investigations: Controlling the Narrative Before, During, and After a Crisis
- Taking on the Multi-Billion-Dollar Swipe Industry: AI Curates Who You Meet—IRL over brunch
- Safe Health Zones: A Global Breakthrough to Protect Night-Shift Workers from Preventable Harm
- Cartwheel Signs Letter of Intent to License Clearsight Therapeutics' Novel Pink Eye Treatment for 2027 Portfolio Expansion
- Vet Maps Launches National Platform to Spotlight Veteran-Owned Businesses and Causes
- $114.6 Million in Revenues, Up 54%: Uni-Fuels Holdings (N A S D A Q: UFG) Accelerates Global Expansion Across Major Shipping Hubs as Demand Surges
- Dental Care Solutions Unveils New Website for Enhanced Patient Engagement
- TradingHabits.com Launches to Support Day Trader Well-being