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MiningNewsBreaks – GEMXX Corp. (GEMZ) Collaborates to Capitalize on High-Potential Opportunities in the Energy Sector

GEMXX (OTC: GEMZ) today announced its entry into a definitive agreement with Latin Energy Partners (“LEP”) to drill four test wells in a highly promising geological formation in Latin America. The strategic venture marks a significant milestone in GEMXX’s expansion into the energy sector, demonstrating the company’s commitment to diversification and growth. According to the announcement, the project will be led by Dinesh Kumar Sarraf, the former chairman and managing director of India’s premier exploration and production company, Oil and Natural Gas Corporation Ltd. “We are thrilled to collaborate with Latin Energy Partners and leverage Mr. Sarraf’s unparalleled expertise in the oil and gas industry,” said Richard Clowater, CEO of GEMXX Corporation. “This partnership aligns with our strategic goals of resource diversification and capitalizing on high-potential opportunities in the energy sector. The drilling of these test wells is a crucial step towards unlocking significant value for our shareholders.”

To view the full press release, visit https://ibn.fm/xarTk

About GEMXX Corporation

GEMXX is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach. GEMXX controls each stage of its production including gemstone production, jewelry manufacturing and global distribution. The company is strategically expanding its business model to include private equity funding for the exploration of potential giant and super-giant oil fields in Latin America. This new business channel represents a calculated move to identify rare, overlooked or underexplored basins believed to contain substantial oil reserves. With a global reach and a steadfast commitment to excellence and innovation, GEMXX Corporation is well-positioned to navigate the evolving market landscape and drive long-term success for its shareholders. For more information about the company, visit GEMXX Corporation.

NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Los Angeles, CA
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