Golden Stakeholder Company (“Stakeholder” or “Company”) (TSX-V: SRCor follow: SKHRF,n: A2QEP1) is pleased to announce that its wholly owned subsidiary, Mineração VMC Ltda. (“VMC”), has entered into an agreement to purchase a 50% interest in and operate a fully licensed quarry in Urruca, Ceara, Brazil. The newly acquired quarry produces the highly sought-after quartzite known commercially as the “Taj Mahal”.
Taj Mahal is a premium quartzite characterized by its durability, aesthetic appeal and consistency, and has become one of the most popular natural stone products worldwide (see Figures 1 and 2). Producers are currently unable to meet market demand, and stakeholders are pleased to report that several key customers have already placed pre-orders reflecting strong and immediate buyer interest.
“Our new quarry represents a timely expansion of the company’s exotic stone business in Brazil. Demand for this material is very strong, and early pre-orders indicate the business opportunity ahead. VMC is now positioned to become a major supplier of these materials in a rapidly growing segment of the natural stone market.”
“The new process will be VMC’s 4y Quarry operation in Brazil. This acquisition is expected to significantly increase VMC’s revenues in 2026 and beyond, and create a significant multiplier effect on sales from the company’s other operating quarries. “We look forward to moving quickly and delivering value for our shareholders,” said Marcus Chase, President of VMC.
Figure 1. The Taj Mahal is fabricated in its place
Figure 2. Taj Mahal cut and polished in warehouse
conditions
Under the terms of the agreement, VMC will acquire a 50% ownership interest in the fully licensed operational quarry that produces Taj Mahal materials. The purchase price for the 50% ownership interest is R$3,000,000 (or CAD$763,500), of which R$900,000 (or CAD$229,050) will be met by financing drilling equipment that will be used directly in quarrying operations. A cash payment of R$100,000 (or C$25,450) is made at the time of signing, and an additional R$600,000 (or C$152,700) is payable within two years of signing the agreement. No interest applies on this deferred payment.
The final balance of R$1,400,000 (or CAD$355,300) is payable by VMC over the life of the quarry and can be repaid at any time without interest. This provides VMC with enhanced financial flexibility as it develops and scales operations. The site expansion is now expected to take between two and four months, after which the new quarry is expected to move into full-scale commercial production at a rate of 200 cubic meters per month.
“Stakeholders are developing a profitable quarry business in Brazil with the goal of reducing equity issuance and diluting shareholders, while simultaneously conducting exploration on the Company’s 100%-owned high-value exploration targets located at the Ballarat Gold-Copper Project in the geographic center of the White Gold District in Canada’s Yukon Territory,” said Christopher Perlet, CEO and Director of Stakeholder Gold Corp.
“This strategy is designed to maximize share price rerating with a successful discovery.”
About Golden Stakeholders Company
The stakeholders have 100% ownership in 1,140 contiguous mineral claims covering 22,700 hectares and extending 20 kilometers of the “Northern Access Road” to the Coffee Mine Project fire“which is being developed through the geographic center of the White Gold District in Yukon Territory, Canada. Stakeholders also hold in good standing 10 claims located within the adjacent Coffee Mine Project being developed by Fuerte Metals Corp. (TSX-V: FMT). These combined claims properties are collectively referred to as the Ballarat Gold and Copper Project (“Ballarat“).
Within the Company’s contiguous properties, stakeholders are developing exploration initiatives in… Golden Sky Zone and Loki copper area Exploration targets approximately 8 km apart, which hold the potential for new gold and copper discoveries respectively, on either side of the northern access road. fireIn the heart of the White Gold District.
https://stakeholdergold.com/projects-overview/ballarat-gold-copper-project/
The stakeholders also generate cash flow from the production and sale of exotic stones through the 100% Brazilian-owned Mineração VMC Ltda. ((VMC“). VMC currently produces from 4 independent stone quarries and is looking for opportunities to expand the sale and export of exotic stone building materials from Brazil.
Christopher J. Berlet (Mining), CFA, CEO and Stakeholder Manager is responsible for the content of this press release.
For more information please contact:
Golden Stakeholder Company
416 525 – 6869
Forward-looking information
This press release contains forward-looking information. all information, Other than historical information In fact, they constitute “forward-looking statements” and include any information relating to activities, events or Developments that the Company believes, anticipates or anticipates will or may occur in the future, including The company’s strategy, plans, or future financial or operational performance.
When used in this press release, the words “estimate,” “project,” “expect,” “expect,” “intend,” “believe,” “hope,” “may,” and similar expressions are used, in addition to “will“, “should” and other indicators of the future tense, are intended to identify forward-looking information. Forward-looking information is based on current expectations and applies only as of the date it is made. Factors that could cause actual results to differ materially from those indicated by such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the agreement. Other factors such as uncertainty about government regulations could also affect results. Other risks may be identified in the Corporation’s annual financial statements, MD&A and other publicly filed documents.
The Company cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Company undertakes no obligation to publicly announce any revisions to the forward-looking information contained in this news release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
