LAS VEGAS, Jan. 28, 2026 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC:AABB) (“AABB” or the “Company”) is pleased to announce the following corporate update for the Company’s 2026 operations:
MINING OPERATIONS UPDATE:
Picachos IV (concession #239735, 4,081 hectare)
The mining concession has now been registered with the Mexican mining registry. Picachos has had no further exploration efforts after Phase 1 drilling was completed. The Company plans to reactivate exploration in Q3 2026.
La Paz (concession #236301, 184 hectare)
La Paz has had no further exploration efforts after Phase II drilling was completed. The Company plans to reactivate exploration in Q1 2026 with Phase III drilling campaign.
Zodiac I (concession #218704, 200 hectare)
Acquired in March 2022, this mining concession located in Buen Pais has had no further exploration efforts. The Company plans to reactivate exploration in Q2 2026.
Buenavista Warehouse
The Company has discontinued the lease at the Buenavista warehouse. All core samples and equipment have been moved to its facility in Etzatlan, Jalisco.
Management and Employees
The Company’s primary management team continues to be CEO Chris Torres and CFO Bernard Velez. The Etzatlan Plant is being operated by Metallurgy Operations Manager Hector Gorocino. Currently, the Company has 28 full-time employees at the Etzatlan plant.
DIGITAL ASSETS OPERATIONS UPDATE:
AABB Wallet
The Company’s new next-generation cryptocurrency digital wallet has been completed and is ready for launch in early February. As part of the final rollout preparations, the wallet has been rebranded to support faster market adoption, clearer positioning, and streamlined marketing efforts.
The rebranding initiative was undertaken to ensure the wallet’s name, design, and user experience align with current market expectations, while supporting AABB’s broader digital assets strategy. Additional details regarding the official launch timing, features, and availability will be released in a subsequent announcement.
The 2026 campaign is designed to support AABB’s long-term strategy of building a practical, asset-anchored digital infrastructure that bridges physical precious metals with modern financial technology. Marketing efforts are expected to include a mix of digital media, strategic partnerships, educational content, targeted investor and merchant outreach, and brand-building initiatives across key markets.
Management stated that the campaign will emphasize responsible messaging, regulatory awareness, and user education, highlighting the utility, transparency, and real-world applications of the wallet, metal-backed tokens, merchant acceptance tools, and NFTs.
The timing, scope, and execution of the 2026 Digital Assets Marketing Campaign remain subject to market conditions, regulatory considerations and the optimal operational timing. Additional details of the campaign will be released as specific milestones are reached.
SHARE BUYBACK PROGRAM:
As of December 31, 2025, The Company has spent a total of $10,244,000 USD buying back AABB shares. We expect to buy $1,756,000 USD remaining from the approved $12,000,000 USD buyback.
“On behalf of the entire AABB team, we are excited and highly anticipate all the corporate events that will be achieved as the new year progresses. We would like to thank our shareholders and everyone following our Company for their continued support of our vision and development as we expand into the future,” expressed Chris Torres, AABB President and CEO.
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