Diamond Lake Minerals (OTC: DLMI), a multistrategy operating company offering traditional investors an entry point to the future of digital securities, buying, investing and growing an innovative portfolio of companies and attaching digital securities to those businesses, has entered into a $3.75 million share exchange agreement with GlobexUS Holdings Corp. (Horizon Fintex). Horizon Fintex is the pioneering force powering the regulated tokenized-securities exchange Upstream. According to the agreement, Horizon Fintex issued 1,250 common shares, priced at $3,000 per share, in exchange for one million newly issued common shares in Diamond Lake Minerals. The share exchange partnership will benefit both parties by bringing new issuers to list on Upstream and increasing Upstream’s trading liquidity while also providing economic benefit to each company’s shareholders. In addition, Diamond Lake Minerals entered into a Cooperation, Marketing & Referral Agreement with a Horizon Fintex subsidiary as a commercial advisor to introduce and refer issuers seeking to list on Upstream. “When I took over DLMI in August of 2023, we set out to build what we believe will be the model of all future public companies, and I knew we could not accomplish that without international partners that know and understand securities laws, rules and regulations, and how we can properly and legally accomplish what we set out to do in the current regulatory frameworks,” said Diamond Lake Minerals CEO Brian J. Esposito in the press release. “We found all of that in Horizon Fintex, along with an impressive suite of blockchain technologies, and this partnership is yet another major milestone in the DLMI journey as we continue to build this great company, and strongly execute on our vision and plans.”
To view the full press release, visit https://ibn.fm/poCS6
About Diamond Lake Minerals Inc.
Diamond Lake Minerals was founded in 1954 and is a multistrategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens. The company’s goal is to responsibly innovate and develop valuable traditional businesses and successfully combine those businesses with the future of money and digital assets. DLMI’s mission is to bring back to the public markets timeless business principles that are focused on healthy sustainable growth and strong earnings that generate yields combined in a modern digital world creating value for company stakeholders. DLMI is positioning itself as an industry agnostic leader in the digital asset and security token space. For more information, visit the company’s website at www.DiamondLakeMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to DLMI are available in the company’s newsroom at https://ibn.fm/DLMI
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