- GEMXX is a mine-to-market enterprise that specializes in the production and distribution of gemstones, like Ammolite, and jewelry on a global scale
- Ammolite is a rare gemstone that exhibits a unique iridescence and is only found in southern Alberta, Canada
- The company recently announced that demand for its Ammolite in jewelry designs by Kenneth Bradley is growing exponentially
- GEMXX plans to expand gemstone and jewelry production by 300% year over year in response to growing demand
- Its shopping channel division is preparing to supply $5.5 million worth of Ammolite gemstones and jewelry over the next 12 months
Although officially recognized by the Coloured Stones Commission of the World Jewellery Confederation (“CIBJO”) as a semi-precious gemstone in 1981 (https://ibn.fm/bfZNW), Ammolite has a long, rich history. Made from the fossilized shells of now-extinct sea creatures known as Ammonites, Ammolite tells the story of lifeforms that existed more than 71 million years ago. In that period, their remains underwent mineralization and transformation induced by tectonic pressure and glacier water, resulting in the “development of an iridescent, rainbow-like coloring that includes red, yellow, green, and blue, the latter hue being the rarest,” according to an article in The Globe and Mail (https://ibn.fm/ryrBq).
While Ammonite fossils are scattered around the world, Ammolite gemstone is only found on the eastern slopes of the Rocky Mountains – within the Bearpaw geologic formation – in southern Alberta, Canada, making it one of the rarest gems on earth and sought after around the world. The visual allure of Ammolite stems from the fact that it exhibits iridescence and vibrance, which result from the stone’s multiple layers. However, because of these layers, Ammolite is quite fragile and needs to be carefully handled while mining and polishing (https://ibn.fm/B88KL), considerations that guide the meticulous work of the experienced gemstone cutters and jewelry designers at GEMXX (OTC: GEMZ), who have catapulted the company to the upper echelons of finished Ammolite production.
GEMXX is a mine-to-market enterprise specializing in the production and distribution of gemstones and jewelry on a global scale. In the domain of Ammolite mining and processing, the company stands out as the leading producer of top-quality finished Ammolite, surpassing competitors both in terms of production capacity and quality (https://ibn.fm/KbW60). GEMXX relies on a world-class team of gemstone cutters and jewelry designers whose expertise continues to increase the demand for its products.
Just recently, GEMXX announced that demand for its Ammolite in jewelry designs by Kenneth Bradley is exponentially growing. One of the world’s most recognized Ammolite experts, Bradley founded Canadian Ammolite Gems by Kenneth Bradley, an Ammolite jewelry collection. He hosts live, on-air events showcasing uniquely beautiful GEMXX Ammolite gemstones in jewelry by Kenneth Bradley designs and will continue to host multiple Ammolite events annually featuring stunning Ammolite gems curated by GEMXX gemstone cutters (https://ibn.fm/2qms4).
“It is my opinion that GEMXX supplies the finest Ammolite in the world, and that is why I have selected them as the exclusive supplier for my Ammolite jewelry,” commented Bradley.
GEMXX plans to expand gemstone and jewelry production by 300% year over year in response to growing demand, tapping into its proven Ammolite reserves, currently valued at more than $600 million. On its part, the company’s shopping channel division is preparing to supply $5.5 million worth of Ammolite gemstones and jewelry over the next 12 months.
“This is a fundamental step in the company’s expansion plans. GEMXX Ammolite products will now have an expanded on-air presence in the United States, Canada, and Australia,” said Jay Maull, GEMXX’s CEO.
To facilitate this expansion, the company aims to raise $6 million in investment funding through a fully qualified Regulation A (“Reg A”) offering. “This will allow the company to break ground on a new, large-scale Ammolite mine, expand current goldmine operations, and cater to the ever-increasing global demand for its products,” GEMXX says in its investor presentation (https://ibn.fm/bXlQu).
Those interested in participating through Reg A financing are encouraged to visit the company’s investor page (https://ibn.fm/ZWx9a) or contact the company officials for more information (ir@gemxx.com – 702-930-1815).
For more information, visit the company’s website at www.GEMXX.com.
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ