Chilco River Holdings Inc is in a Perfect Position to Capitalize on Market Disrupting Opportunities within the Food, Beverage and Mining Industries
21 Août 2023 - 3:00PM
InvestorsHub NewsWire
Chilco River Holdings Provides
Strategic Update to Shareholders
Company is in a Perfect Position to
Capitalize on Market Disrupting Opportunities within the Food,
Beverage and Mining Industries in 2023
CHATSWORTH, CA -- August 21, 2023 -- InvestorsHub NewsWire --
Chilco River Holdings, Inc. ("Chilco River") (OTC:
CRVH), a multifaceted holding company with interests in both
established and emerging growth companies and brands within the
commercial, food, and beverage sectors, is pleased to provide
shareholders and interested parties with an update on company
progress and insights into the next phase of its strategic growth
plan.
Will Lovett, Chief Executive Officer, remarked, "2023 has been a
bustling year for us, marked by pivotal corporate decisions aimed
at bolstering our transparency and reporting. We've also made
significant strides towards achieving our key business objectives.
Below are some of our most notable actions, accomplishments, and
milestones for the year thus far."
- We concluded our Public Company Accounting Oversight Board
("PCAOB") Audit conducted by Gries & Associates. The PCAOB,
established by the Sarbanes-Oxley Act of 2002, supervises the
audits of public companies to ensure transparency, accuracy, and
the interests of investors.
- We took steps to upgrade our listing, submitting documentation
to the OTC Markets for a move to the OTCQB, a platform catering to
developing companies both in the U.S. and internationally.
- In the coming weeks, Chilco River will kickstart the
application process for a Tier 2 Regulation A ("Reg-A") status.
This exemption will potentially allow us to raise up to $75 million
over a 12-month period.
New Partnership Opportunities in Mining: We are thrilled to
disclose that Chilco River is in advanced discussions with a
top-tier iron ore mining entity. Renowned for their extensive
proven reserves and ready-for-sale iron ore stockpiles, this
potential alliance aligns seamlessly with our vision for
diversified growth. We anticipate this venture to reinforce our
global standing, offering substantial mutual benefits.
Furthermore, Chilco River is on the verge of onboarding a fresh
Chief Marketing Officer (CMO) and an adept marketing team. With a
focus on rejuvenating our corporate image through a revamped
website, logo, and branding strategy, this team promises
groundbreaking artificial intelligence ("AI") expertise that we're
keen to harness. Enhanced engagement via social media channels is
also on the agenda, aiming to foster stronger ties with our
clientele, collaborators, and investors.
On the operational front, a hunt is underway for a new Chief
Operations Officer (COO) to spearhead our most ambitious ventures
in the food and beverage domain. We are fervently scouting
opportunities to break into the liquor and spirits sectors, be it
through mergers, acquisitions, joint ventures, or in-house brand
incubation. Expect a detailed update on these endeavors in the
forthcoming weeks.
Will Lovett, Chief Executive Officer, wrapped up with, "Our
strategic positioning allows us to optimally leverage market
trends. We eagerly await sharing more about our evolving projects
and continued growth with our esteemed shareholders."
About Chilco River Holdings, Inc.:
A multifaceted holding company dedicated to investing in
growth-oriented companies and brands across commercial, food, and
beverage sectors.
Website: http://www.crvholdingsinc.com
Forward Looking Statements:
This announcement encompasses forward-looking statements under
Section 27a of the Securities Act of 1933 and Section 21e of the
Securities and Exchange Act of 1934. These statements reflect the
company and its management team's current beliefs, intentions, and
expectations.
Investors are cautioned that some or all outcomes predicted by
these forward-looking statements might not come to pass. Such
statements are not guarantees of future results and are subject to
numerous factors, many beyond the company's control.
Contact:
Will Lovett
Chief Executive Officer
Chilco River Holdings, Inc.
Email: crvholdingsinc@gmail.com
Chilco River (CE) (USOTC:CRVH)
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