(MENAFN- GlobeNewsWire - Nasdaq) Leading the charge in ammolite gems mine-to-market sector, GEMXX sets new records with 600% increase in deliveries compared to the same period last year
LAS VEGAS, Feb. 13, 2024 (GLOBE NEWSWIRE) -- via IBN – GEMXX Corporation (OTC: GEMZ) , a pioneering force in mine-to-market gold, gemstone and jewelry producer, is thrilled to announce a groundbreaking start to the year with impressive product deliveries worth $1,051,374 at retail for the month of January.
“Our January delivery results are a testament to the hard work and dedication of the GEMXX team,” said Jay Maull, CEO of GEMXX Corporation.“Our ability to achieve such significant deliveries is a clear indication of our competitive edge in this industry and our deep understanding of our customers' needs.”
January's deliveries mark an incredible 600% increase compared to the same period last year, highlighting GEMXX's strong growth trajectory and its effective business strategies. The company remains focused on operational efficiency and producing high-margin products.
Looking ahead, GEMXX Corporation is poised for continued success in 2024. The company plans to leverage its January achievements by investing in exploration, drilling, surveys, geotechnical report, research and development, marketing strategies, expansion into new markets, which are expected to drive further growth and enhance shareholder value.
“Our strategic investments in increasing proven resources are laying the foundation for sustainable long-term growth,” said Maull.“We are confident in our ability to not only meet but exceed our financial goals for the coming year, delivering exceptional value to our shareholders and customers alike.”
GEMXX Corporation remains dedicated to maintaining its leadership position in mine-to-market gold and gemstone market by continuing to innovate, expand its product line, and enhance its operational efficiencies. The company eagerly anticipates sharing more updates on its progress and financial performance in the coming months.
For more information about GEMXX Corporation and its financial results, please visit the company's website:
About GEMXX Corporation
GEMXX Corporation (OTC: GEMZ; $GEMZ) is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution.
GEMXX is a leading producer of top-quality finished ammolite and ammolite jewelry. The Company's world-class gemstone cutters and jewelry designers are continuously leading the Ammolite industry in new and exciting directions. Our management team is made up of the industry's leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience.
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This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
/S/ Jay Maull, CEO
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