GEMXX CORPORATION GIVES UPDATE AND ANNOUNCES FULL QUALIFICATION OF TIER 1 - FORM 1A REGISTRATION STATEMENT

February 01, 2023 at 09:30 AM EST

--News Direct--

McapMediaWire -- GEMXX CORPORATION (OTC: GEMZ) $GEMZ (“the Company”), a leader in the Ammolite Gemstone Mine to Market Segment, gives an update and announces full qualification of Tier 1- Form 1A Registration Statement.

The Company is highlighting recent significant achievements.

First, as of January 31, 2023, the Company’s, Form 1-A to raise up to $6,000,000 USD at $0.40 per share pursuant to the Offering Statement is fully qualified https://www.otcmarkets.com/stock/GEMZ/disclosure Shareholders, investors, institutions and financiers interested in participating in the Reg A Financing are encouraged to visit http://www.gemxx.com/invest or contact company officials for more information.

“We are very pleased to announce GEMXX’s fully Qualified Form 1-A Offering Statement! The Company’s management team is excited to welcome new shareholders into the GEMXX family” stated Jay Maull, CEO of GEMXX Corporation.

Second, the Company is engaging with several interested parties that wish to participate in the Regulation-A financing to fund the company’s growth plan, which includes Ammolite mining expansion, increased production to meet global demand, as well as diversification of its operations. “By executing on our overall business plan, and investing in complimentary precious metal mining operations, the Company will be one step closer to being fully integrated from mine-to-market” added Mr. Maull.

Third, the Company’s mergers and acquisitions team, headed by Richard Clowater, are working to further stabilize the business through strategic partnerships and acquisitions. “GEMXX is in discussions with several companies that support our philosophy - that through product and market diversification, the company will be resilient in any economic condition. The Company looks forward to announcing significant new relationships and acquisitions in the very near future” stated Mr. Clowater, VP Mergers, Acquisition and Business Development.

ABOUT GEMXX CORPORATION

GEMXX Corporation is a publicly traded, mine-to-market gemstone, gold 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 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

SAFE HARBOR STATEMENT

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.

For more information, press only:

GEMXX Corporation

PR CONTACT: Jay Maull

ir@gemxx.com

www.gemxx.com