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Top 4 Vanadium-producing Countries

Investing 4 Mins Read

In 2025, the vanadium market is navigating a complex landscape shaped by its traditional role in steelmaking and its emerging importance in energy storage technologies.

Approximately 90 percent of vanadium consumption continues to be driven by the steel industry, where it is used to strengthen alloys. However, the growing adoption of vanadium redox flow batteries (VRFBs) for grid-scale energy storage is creating new avenues for demand, particularly as countries pursue decarbonization goals and renewable energy integration.

On the supply side, vanadium sees relatively limited primary production from ore and instead relies on co-production from steel slag and uranium mining, with a portion also coming from recycling. Global production has remained relatively consistent in the 2020s at around 100,000 metric tons per year.

Four countries contribute to the vast majority of that output. Below is a brief overview of these top vanadium-producing countries based on data from the US Geological Survey’s 2025 Mineral Commodity Summary.

1. China

Mine production: 70,000 metric tons

China remains the world’s top vanadium-producing country by far, with output of 70,000 metric tons in 2024. Production has remained steady out of China in 2023 and 2024. The Asian nation far outpaces all other countries in terms of vanadium output, and leads the world in vanadium consumption as well due to its high steel production. The majority of its vanadium is produced from steel slag.

In terms of vanadium exports, China’s are ‘quite small,’ according to Fastmarkets, as producers can turn a bigger profit in the domestic market.

2. Russia

Vanadium production: 21,000 metric tons

Second on the list is Russia, whose vanadium output totaled 21,000 metric tons in 2024, essentially on par with production in the previous two years. Russia’s vanadium reserves are the second largest in the world at 5,000 MT.

EVRAZ KGOK, part of EVRAZ, is a major mining company in Russia that produces vanadium. Little other information is available about vanadium mining in Russia, and the majority of the country’s vanadium production is a co-product of steel slag.

3. South Africa

Vanadium production: 8,000 metric tons

South Africa’s vanadium output declined last year, slipping to 8,000 metric tons in 2024, The country’s vanadium output had previously held above the 8,500 MT per year a level since 2019.

South Africa’s contributions to the vanadium market consist of primary production from Bushveld Minerals (LSE:BMN) and Glencore (LSE:GLEN,OTC Pink:GLCNF). Bushveld Minerals’ vanadium division includes the Vametco mine and processing facility, the Vanchem processing facility, and the future Mokopane vanadium mine and the Belco production plant. Glencore’s Rhovan open-cast mine and smelter complex mainly produces ferrovanadium and vanadium pentoxide.

4. Brazil

Vanadium production: 5,000 metric tons

Brazil’s vanadium output has also contracted year-over-year, totaling 5,000 metric tons in 2024 compared to 5,420 MT in 2023.

Brazil’s vanadium production is largely thanks to Largo Resources (TSX:LGO,NASDAQ:LGO), which describes itself as the only pure-play vanadium producer. The company’s Maracás Menchen vanadium asset is one of the highest-grade vanadium mines in the world.

FAQs for vanadium

Who is the largest exporter of vanadium?

Brazil is the world’s largest exporter of vanadium, with Russia in second place and China and South Africa nearly tied. Brazil alone is responsible for over one-quarter of the metal’s global export market, and the four combined represented 84 percent of the market in 2023.

Which country has the most vanadium reserves?

Australia has the highest vanadium reserves in the world, coming in at 8.5 million MT as of 2024, although it should be noted that only 3 million MT are JORC compliant. Russia is in second place with 5 million MT of vanadium reserves, while China is next in line with vanadium reserves of 4.1 million.

What is vanadium used for?

Vanadium is essential in various alloys, with the most common being ferrovanadium, an alloy of iron and vanadium metal that is used in steel production. Beyond these traditional applications, the silvery-gray metal’s uses in the battery industry are growing — it’s increasingly being used in vanadium redox batteries for large-scale stationary energy storage.

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Investing

Trump’s Nuclear Revival Plan Boosts Uranium Prices, Sends US Miners Soaring

Investing 4 Mins Read

Uranium prices are on the rise after President Donald Trump signed a series of executive orders aimed at revitalizing the US nuclear industry — including measures to strengthen the domestic fuel supply and expand the nuclear workforce.

On Tuesday (May 27), the U3O8 spot price climbed to US$72 per pound, its first move above the US$70 mark since early February.

The positivity and Trump’s promise to fast track mine permits has also benefited uranium companies with projects in the US.

One of those companies is Anfield Energy (TSXV:AEC,OTCQB:ANLDF), which reported receiving federal approval from the US Department of the Interior for its Velvet-Wood uranium and vanadium project in Utah on Tuesday. The approval marks the first uranium mine greenlit under Trump’s emergency declaration to revive the domestic nuclear fuel cycle.

According to the statement, the Bureau of Land Management completed the environmental review in just 14 days, a timeline officials say reflects a broader shift toward prioritizing critical mineral projects.

“This approval marks a turning point in how we secure America’s mineral future,” said Secretary of the Interior Doug Burgum. “We’re reducing dependence on foreign adversaries and ensuring our military, medical and energy sectors have the resources they need to thrive.”

Shares of Anfield surged to a year-to-date high of C$0.115 following the news, and have since settled in the C$0.10 range.

Rising tide raises all ships

Although the US president’s latest round of executive orders have catalyzed prices in recent days, the uranium sector’s long term fundamentals have also offered support.

The growing demand from artificial intelligence data centers, paired with a push for carbon free energy sources makes a strong case for the expansion of nuclear energy capacity. As such, the current developments have added tailwinds to several uranium and nuclear sector players up and down the supply chain.

Over the past five trading days, enCore Energy (TSXV:EU,NASDAQ:EU) shares have risen 33.33 percent, from C$2.18 on May 22 to C$2.92 on Wednesday (May 28). The company holds a portfolio of various stage uranium projects located in Texas, Colorado, Wyoming and South Dakota. Currently, the Alta Mesa and Rosita projects in Texas are operational.

Uranium Energy (NYSEAMERICAN:UEC) has also seen its share price increase, adding 31 percent over the same five day period, to trade for US$2.89. Boasting a portfolio of 10 US uranium assets in various stages of development from exploration to near term production, the company also owns and operates the Hobson ISR processing plant in Texas, which is operational.

Ur-Energy (TSX:URE,NYSEAMERICAN:URG), which owns the producing Lost Creek mine and the construction-stage Shirley Basin project in Wyoming, is another company experiencing heightened investor interest this past week.

Shares of Ur-Energy rose 26.53 percent over the five day session, and are currently valued at C$1.24.

Diversified players like Western Uranium and Vanadium (CSE:WUC,OTCQX:WSTRF) were also buy targets following the president’s energy directive. The company, which is focused on advancing its past-producing Sunday mine complex in Colorado, saw its shares increase 28 percent since May 21, trading for C$1.14.

ASX-listed companies were also garnering attention, Boss Energy (ASX:BOE,OTCQX:BQSSF) in particular, which holds a 30 percent stake in the producing Alta Messa uranium mine. The joint venture partner for enCore saw its share price value grow 14.27 percent in the last five days, to AU$4.13.

While these companies were first to see Trump’s executive orders boost their share prices, there are many other US-focused uranium companies with projects all over the country now awaiting pro-nuclear upticks.

All share price information was obtained from TradingView on May 28, 2025. Data on project status was retrieved from Mining Data Online.

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Investing

Group Eleven Announces Appointment of Jasmine Lau as Chief Financial Officer

Investing 3 Mins Read

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) is pleased to announce the appointment of Jasmine Lau, CPA, as Chief Financial Officer (‘CFO’) of Group Eleven, replacing Jeannine Webb, effective May 30, 2025.

Jasmine is a Vancouver-based Chartered Professional Accountant with over 16 years’ experience in the resource sector, having served as the Chief Financial Officer for several mineral exploration companies. She is currently the CFO of Minaurum Gold Inc, Forte Minerals Corp., and Cascadia Minerals Ltd. Prior to that, Jasmine also served as CFO to a various number of other private and public mineral exploration companies.

‘On behalf of Group Eleven and its Board of Directors, I am very pleased to welcome Jasmine to the team,’ stated Bart Jaworski, CEO. ‘Jasmine’s appointment brings a wealth of relevant experience and skills to the Company. I would also like to sincerely thank Jeannine Webb for her valuable contributions and dedication to the Company over the past three years.’

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in Ireland. Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253899

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Editor's pick

E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

Editor's pick 4 Mins Read

E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company looks to expand further into skincare.

The acquisition — E.l.f.’s biggest ever, according to FactSet — is comprised of $800 million in cash and stock, plus an additional potential $200 million payout based on Rhode’s performance over the next three years. The deal is expected to close in the second quarter of the company’s fiscal 2026 — or later this year.

“I’ve been in the consumer space 34 years, and I’ve been blown away by seeing this brand over time. In less than three years, they’ve gone from zero to $212 million in net sales, direct-to-consumer only, with only 10 products. I didn’t think that was possible,” CEO Tarang Amin told CNBC in an interview. “So that level of disruption definitely caught our attention.”

In a news release, Bieber said she’s excited to partner with E.l.f. to bring her brand to “more faces, places, and spaces.”

“From day one, my vision for rhode has been to make essential skin care and hybrid makeup you can use every day,” said Bieber. “Just three years into this journey, our partnership with e.l.f. Beauty marks an incredible opportunity to elevate and accelerate our ability to reach more of our community with even more innovative products and widen our distribution globally.”

Launched in 2022, Rhode has more than doubled its customer base over the past year and generated $212 million in revenue in the 12 months ended March 31. The company’s growth has primarily come through its website, but it plans to launch in Sephora stores throughout North America and the U.K. before the end of the year.

As part of the acquisition, Bieber will serve as Rhode’s chief creative officer and head of innovation, overseeing creative, product innovation and marketing. The brand was launched alongside two co-founders, Michael and Lauren Ratner, but it was Bieber’s influence and name that turned it into a billion-dollar brand.

Under her direction, Rhode last year became the No. 1 skincare brand in earned media value — or exposure through methods other than paid advertising — with 367% year-over-year growth.

Rhode is a solid match for E.l.f., which has seen growth skyrocket in recent years in large part to its digital prowess. The company has legions of online fans and is known for TikTok marketing that feels more natural to consumers.

The company is also looking to dig deeper into skincare, which has become more popular with all age groups, particularly E.l.f’s younger, core consumer. In 2023, it acquired skincare brand Naturium for $355 million. Its acquisition of Rhode will allow it to build on its skincare growth and reach a higher income consumer.

“E.l.f. cosmetics is about $6.50 in its core entry price point, Rhode, on average, is in the high 20s, so I’d say it does bring us a different consumer set to the company overall, but the same approach in terms of how we engage and entertain them,” said Amin.

E.l.f. made the announcement as it posted fiscal fourth quarter results, which beat Wall Street’s expectations on the top and bottom lines.

Here’s how the beauty retailer performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

The company’s reported net income for the three-month period that ended March 31 was $28.3 million, or 49 cents per share, compared with $14.5 million, or 25 cents per share, a year earlier. Sales rose to $332.7 million, up about 4% from $321.1 million.

E.l.f.’s sales have increased rapidly in recent years, but investors have grown concerned as that growth started to slow and the threat of tariffs began weighing on its business. The company sources about 75% of its products from China, which currently faces a 30% duty on exports to the U.S. Last week, it announced plans to raise prices by $1 to offset higher costs from tariffs.

While U.S. duties on Chinese imports are 30% now, that could change as President Donald Trump negotiates with Beijing. As a result, E.l.f. said it isn’t providing a fiscal 2026 outlook “due to the wide range of potential outcomes related to tariffs.”

Amin said E.l.f. paid more than 145% in duties before Trump agreed to slash the levies on Chinese goods, but those costs didn’t come through during the quarter and will show up when the company reports its fiscal 2026 first-quarter earnings.

E.l.f. shares dropped more than 13% in extended trading Wednesday.

This post appeared first on NBC NEWS

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Editor's pick

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Editor's pick 3 Mins Read

Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact of tit-for-tat tariffs with some of the United States’ largest trading partners this year.

Ortberg had said last month that China had paused deliveries.

“China has now indicated … they’re going to take deliveries,” Ortberg said. The first deliveries will be next month, he told a Bernstein conference on Thursday.

Boeing, a top U.S. exporter whose output of airplanes helps soften the U.S. trade deficit, has been paying tariffs on imported components from Italy and Japan for its wide-body Dreamliner planes, which are made in South Carolina, Ortberg said, adding that much of it can be recouped when the planes are exported again.

“The only duties that we would have to cover would be the duties for a delivery, say, to a U.S. airline,” he said.

Regarding the rapidly changing trade policies that have included several pauses and some exemptions, Ortberg said, “I personally don’t think these will be … permanent in the long term.”

He reiterated that Boeing plans to ramp up production this year of its best-selling 737 Max jet, which will require Federal Aviation Administration approval.

The FAA capped output of the workhorse planes at 38 a month last year after a door plug that wasn’t secured when it left Boeing’s factory blew out midair in the first minutes of an Alaska Airlines flight.

Ortberg said the company could produce 42 Max jets a month by midyear and assess moving up to 47 a month about half a year later.

The company’s long-delayed Max 7 and Max 10 variants, the largest and smallest planes in the narrow-body family, are scheduled to be certified by the end of the year, he said.

Many airline executives have applauded Ortberg’s leadership since he took the reins at Boeing last August, tasked with stemming years of losses and ending reputational and safety crises, including the impact of two fatal Max crashes.

CEOs have long complained about delivery delays from the company that left them short of planes during a post-pandemic travel boom.

“I do think Boeing has turned the corner,” United Airlines CEO Scott Kirby told CNBC’s “Squawk Box” earlier Thursday. He said supply chain problems are limiting deliveries of new planes overall.

“We over-ordered aircraft believing the supply chain would be challenged,” he said.

This post appeared first on NBC NEWS

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Editor's pick

Nvidia results spark global chip rally

Editor's pick 2 Mins Read

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks.

Shares of Nvidia were 6% higher after the company posted better-than-expected earnings and revenue on Wednesday, even as it took a hit from U.S. semiconductor export restrictions to China.

Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks, with its latest strong numbers sparking a rally among global semiconductor names.

Nvidia’s earnings helped boost other chip names, with Taiwan Semiconductor, AMD and Qualcomm all up about 1%.

In Japan, Tokyo Electron closed more than 4% higher, while SK Hynix, which is a supplier of high bandwidth memory to Nvidia, was nearly 2% up at the close of markets in South Korea.

In Europe, ASM International, BE Semiconductor Industries and ASML were all in positive territory.

The semiconductor industry has faced a number of headwinds from uncertainty around tariff policy in the U.S. and chip export restrictions to China.

Companies such as ASML, which makes machines that are critical for manufacturing the most advanced chips, have seen billions wiped off their value as a result.

Nvidia on Wednesday said it wrote off $4.5 billion of H20 chip inventory that it couldn’t ship to China because of export curbs, saying it also calculated $2.5 billion of lost revenue as well.

The restrictions on China do not seem to be going away.

The U.S. has ordered a number of companies, including those producing chemicals and design software for semiconductors, to stop shipping goods to China without a license, according to a Reuters report on Thursday.

Despite this, Nvidia still managed to post financial results for the April quarter that beat market expectations, allaying fears that demand for its graphics processing units, which have become key for training huge AI models, is dwindling.

This post appeared first on NBC NEWS

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Stock

Top Sectors to Watch + The 18 SMA Setup Every Trader Should Know

Stock 1 Min Read

In this video, Joe analyzes which sectors to focus on when selecting new stocks. He demonstrates how to use the 18-period simple moving average (SMA) on monthly, weekly, and daily charts to identify the strongest stock patterns and the best timeframes to trade. He then provides chart analysis on the QQQ, IWM, and Bitcoin, before reviewing this week’s symbol requests submitted by viewers.

The video premiered on May 28, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

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Investing

Quimbaya Gold Announces Strategic Private Placement of up to $2,000,000 Led by Co-Founder of Gran Colombia Gold, Serafino Iacono

Investing 7 Mins Read

Strategic financing deepens alignment with industry leader as Quimbaya advances drill-ready Colombian gold portfolio

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Quimbaya Gold Inc. (CSE: QIM) (OTCQB: QIMGF) (FSE: K05) (‘Quimbaya Gold’ or the ‘Company’) is pleased to announce that it intends to complete a non-brokered private placement of up to 5,714,286 units of the Company (each, a ‘Unit’), at a price of C$0.35 per Unit, to raise gross proceeds of up to approximately C$2,000,000 (the ‘Offering’), including a lead order of C$500,000 from Mr. Serafino Iacono, an influential figure in Colombian mining, Co-founder of Gran Colombia Gold Corp. (now Aris Mining Corporation) and Executive Chairman of Denarius Metals Corp.

Each Unit will be comprised of one common share in the capital of the Company (a ‘Share‘) and one common share purchase warrant (a ‘Warrant‘). Each Warrant will entitle the holder to acquire one Share at a price of C$0.60 per Share for a period of 36 months from the issuance date of the Offering. The remaining Units issued under the Offering will be limited to other strategic investors with deep experience in Latin American exploration and project development.

‘Seeing our hard work over the past few years recognized by industry leaders like Serafino Iacono is a real validation of our strategy and our assets,’ said Alexandre P. Boivin, CEO of Quimbaya Gold. ‘With strong exploration results, a drill-ready portfolio, and the right people around the table, we’re incredibly excited about what lies ahead, especially as we prepare to kick off drilling at Tahami South. This is a pivotal moment for Quimbaya, and we’re just getting started.’

Strategic Alignment and Validation

The participation of Mr. Iacono, who played a pivotal role in the revival of the Colombian gold sector, signals high conviction in Quimbaya’s assets and leadership. His investment marks a strong endorsement of the Company’s solid Portfolio and in particular its drill-ready Tahami Project in the Middle Cauca Belt, one of Colombia’s most prolific gold districts.

‘I believe Quimbaya is uniquely positioned at the intersection of geology, timing, and leadership. The team is aligned, the land is exceptional, and in this rising gold environment the moment is now,’ said Mr. Iacono. ‘I’m excited to support a company that understands what it takes to build a real gold story in Colombia.’

The net proceeds raised from the sale of the Units will be used for general exploration expenses and for general working capital purposes. Completion of the Offering is subject to applicable regulatory approvals. All securities issued pursuant to the Offering will be subject to a four-month and one-day hold period in accordance with applicable securities laws. The Offering is expected to close on or about June 6th 2025.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company in the United States, nor shall there be any sale of such securities in any State in which such offer, solicitation or sale would be unlawful.

About Quimbaya

Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.

Contact Information

Alexandre P. Boivin, President and CEO apboivin@quimbayagold.com

Jason Frame, Manager of Communications jason.frame@quimbayagold.com +1-647-576-7135‎

Quimbaya Gold Inc.
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Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking statements herein include statements and information regarding the Offering, including its timing, intended closing date, intended use of proceeds and intended gross proceeds, any expected issuance of the Units or the Shares and Warrants which comprise them, a commitment by any person to purchase Units pursuant to the Offering, receipt by the Company of any applicable regulatory approval, the future plans for the Company, future expectations for the gold sector generally, the Colombian gold sector more particularly, or how global or local market trends may affect the Company, intended exploration on any of the Company’s properties and any results thereof, the strength of the Company’s mineral property portfolio, aims and goals of the Company, and other forward-looking information. Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to, that the Offering as described herein will close on terms materially similar to the terms described herein. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: future planned development and other activities on the Company’s mineral properties; an inability to finance the Company; obtaining required permitting on the Company’s mineral properties in a timely manner; any adverse changes to the planned operations of the Company’s mineral properties; failure by the Company for any reason to undertake expected exploration programs; achieving and maintaining favourable relationships with local communities; mineral exploration results that are poorer or better than expected; prices for gold remaining as expected; currency exchange rates remaining as expected; availability of funds for the Company’s projects; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Offering proceeds being received as anticipated; all requisite regulatory and stock exchange approvals for the Offering are obtained in a timely fashion; investor participation in the Offering; and the Company’s ability to comply with environmental, health and safety laws. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

Neither CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253731

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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