Advance United Holdings (AUHI) Announces the Launch of the Advance United Marketplace. A Platform Designed to Connect Property Owners of Mineral Commodities and Deposits with Developers and Producers - Dec 3, 2021
Advance United Holdings (AUHI) Announces the Launch of the Advance
United Marketplace. A Platform Designed to Connect Property Owners
of Mineral Commodities and Deposits with Developers and Producers.
Toronto, Ontario – (Newsfile Corp. - December 3, 2021) – Advance United Holdings Inc. (CSE:
AUHI) (FSE: 9I0) (the "Company" or "Advance United" or “Au”) is pleased to announce a new and
unique technology platform for owners of properties bearing mineral commodities and deposits.
The platform provides qualified owners with a means to further the intrinsic value of their
properties and connect to potential developers including mid -tier producers and major mining
companies for next-phase development and production.
Advance United’s goal is to create a large and comprehensive registry of historically explored,
documented and promising precious metals, base metals, and rare earth deposit properties. The
focus is to bring property owners and producers together in a vertically integrated marketplace.
The technology is new to the category with potential to dramatically evolve the sleepy mining
industry with its historically secretive data sets and models. It’s d esigned to improve universal
access, ownership, finance, and development, translating to increased speed, scale, and market
offerings as well as services not currently available.
Through the Marketplace Platform, www.advanceunited.ca/marketplace, Advance United will be
onboarding properties with underdeveloped, documented resources and reserves that are non -
compliant or not current with National Instrument 43-101, and then increasing value by applying
modern exploration techniques and technology to make the property compliant and available
for possible acquisition and development.
“The strategy is to take a property at current value and apply our technology, knowledge, and
experience to increase the property value significantly so it becomes attractive to a potential
purchaser,” says Advance United CEO Jim Atkinson. “Our ultimate goal for the platform is to bring
a property to the stage where either a mid -tier or major mining company will be interested in
acquiring it for significantly more than it was originally worth.”
The Marketplace Platform caters to owners with properties bearing precious metals such as gold,
silver, platinum, and palladium. Base metals such as copper, lead, nickel, and zinc. A s well as
properties with rare earth deposits. Qualifying criteria for properties listed on the platform
include size of deposit, projec t stage, reports and presentations, permitting status, indigenous
exposure, legal proceedings, ownership structure, and proof of title.
Historic and forgotten properties in many cases have had millions in exploration dollars invested
over the last 30 -years or more when the price of commodities and minerals such as gold were
low and wouldn’t have been economical to develop at the time. Many of these properties are
now dormant, but still have the potential to be reactivated by applying current, modern,
mechanized technology, and contemporary techniques to create qualified reports in the form of
National Instrument 43 -101 or JORC, that will unlock the recognized and current value. This
coupled with current prices significantly increases potential for development.
“We assume that perhaps one hundred properties will be identified over the course of the next
year, with 90% of these properties not meeting our criteria. However, because we are organizing
the data of all onboarded properties through our Marketplace Platform, Advance United plans
to create a new revenue stream by having the information available to all users including
interested developers and producers,” says Jim Atkinson.
About Advance United
Advance United, headquartered in Toronto, Canada, is traded on the Canadian Securities
Exchange in Canada under the symbol "AUHI" and the Börse Frankfurt Stock Exchange in
Germany under the symbol "9I0".
We are a different kind of Canadian junior mining company, one designed to succeed where other
junior mining companies fail. We are involved exclusively in the acquisition and advancement of
past producing gold mines - with no intent to bring them back into production or to mine them
ourselves. Our expertise is in identifying and acquiring undervalued gold p roperties with
significant historical work, which were uneconomic at the time, but we believe have economic
value at today's price of gold.
We fund the development of re -working historic data and applying modern technology to
underwrite new qualified repo rts, document quantifiable resources and reserves to current
standards, thereby recognizing the current value.
Our purpose is to bring immediate and long -term value to our partners and shareholders while
seeking to eliminate exploration risk, so that we can all advance united in the shortest possible
time frame.
For additional information about us, our projects, or to find out how you can get involved
please visit www.advanceunited.ca/marketplace
Contact Information
James Atkinson P. Geo., CEO
Email: [email protected]
Tel: (647) 278-7502
Forward-Looking Information and Statements
This news release contains "forward -looking informat ion" within the meaning of applicable
securities laws relating to trading on the CSE and the focus of the Company's business. Any such
forward-looking statements may be identified by words such as "expects", "anticipates",
"intends", "contemplates", "belie ves", "projects", "plans" and similar expressions. Forward -
looking statements in this news release include statements regarding the Company's ability to
increase the value of its current and future mineral exploration properties and, in connection
therewith, any long -term shareholder value, the Company's ability to mitigate or eliminate
exploration risk, and the Company's intention to develop a portfolio of historic gold properties.
Readers are cautioned not to place undue reliance on forward -looking statem ents. These
statements should not be read as guarantees of future performance or results. Such statements
involve known and unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from those implied by such statements.
Although such statements are based on management's reasonable assumptions, there can be no
assurance that the Company will continue its business as described above. Readers are
encouraged to refer to the Company's an nual and quarterly management's discussion and
analysis and other periodic filings made by the Company with the Canadian securities regulatory
authorities under the Company's profile on SEDAR at www.sedar.com. The Company assumes no
responsibility to updat e or revise forward -looking information to reflect new events or
circumstances or actual results unless required by applicable law.