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SUBSIDIARY NAME

MEXICO GOLD MINE PROJECT

COUNTRY

SOUTH AFRICA

SECTOR/ INDUSTRY

GOLD MINING

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

March 16, 2022

ACQUISITION VALUATION

20 BILLION

TOTAL ASSET VALUATION

200 BILLION

MINING

MEXICO GOLD MINE PROJECT: IIB-DG acquired MEXICO GOLD MINE PROJECT on Mar 16, 2022 the purpose of project is EPC/Equipment and development/Operational capital, Mexico mine is a virgin mine. It will operate fully after purchase under Global Industries Corporations as 100% new ownership. This is a massive operation with a size of 127,000.00ha overall. This mine is not only a mine with gold, but has several other gemstones that are huge valuable on the global market. Although the mine will run on an average budget of $2 billion in the beginning it has an income generation forecast of around $60billion to $80 billion and pick up each year.

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