MineHub Technologies Aktie

MineHub delivered strong execution in 2024 by expanding its global presence through key initiatives, including onboarding Codelco's ecosystem partners, broadening its agreement with Sumitomo Corporation, and securing its first Chinese smelting company. The Company completed a strategic partnership with Abaxx Technologies Inc.("Abaxx"), which holds a 19.87% ownership stake in MineHub.» Mehr auf newsfilecorp.com

Vancouver, British Columbia--(Newsfile Corp. - December 30, 2024) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") is pleased to announce that, further to its news releases dated December 5, 2024, the Company completed the transaction (the "Transaction") of its strategic partnership with Abaxx Technologies Inc. (Cboe CA: ABXX) (OTCQX: ABXXF) ("Abaxx") wherein Abaxx will increase its strategic ownership in MineHub from its current 10.83% interest to 19.87%. Under the Transaction, MineHub received 237,192 shares of Abaxx (the "Abaxx Shares") in exchange for the issuance of 8,810,000 common shares in MineHub (the "MineHub Shares") to Abaxx at a deemed price of C$0.35 per MineHub Share.» Mehr auf newsfilecorp.com

MineHub's year-to-date revenue has increased by 19% year-over-year, driven by growth in SaaS revenue. MineHub's customers have transacted US$11.5 billion in commodities on the MineHub platform in Fiscal 2025 to date, a 19% year-over-year increase, demonstrating strong growth and customer engagement.» Mehr auf newsfilecorp.com