Trending...
- Leeds Billboard Campaign Drives 188% Traffic Uplift as AI Enquiries Rise 266% for Loud! OOH
- AI, Drones, Defense & Explosive Growth: Why ZenaTech Is Emerging as One of the Most Compelling Technology Growth Stories (N A S D A Q: ZENA)
- Crossroads4Hope Announces The Lipschutz Women's Fund
DENVER - ColoradoDesk -- Vortex Brands Co., a diversified holding company focused on scalable, asset-backed ventures, is pleased to announce it has officially commenced gold purchases under a newly formed joint venture with a Dubai Free Zone company. The JV is focused on acquiring gold dore and bullion from artisanal miners in Africa and exporting it to Dubai for refining and sale.
The initial purchase of 10 kilograms of gold dore has been fully funded and is currently being picked up and transported to Dubai for refining and monetization. Upon completion of this transaction, an additional 10-kilogram purchase will immediately follow, with transactions scheduled to occur on a biweekly basis. The gold dore being acquired is approximately 95% pure, ensuring high recovery value upon refining.
The joint venture is expected to scale to as much as 1,000 kilograms (1 metric ton) of gold per month, based on the current production capacity and supply commitments offered to the JV partners by artisanal sources.
More on Colorado Desk
The JV partner, a Dubai Free Zone company, is responsible for overseeing the handling, refining, and sale of the gold, ensuring full regulatory compliance, efficient processing, and streamlined access to global buyers in one of the world's most trusted gold trading centers.
"This is a transformative moment for Vortex Brands," said Todd Higley, CEO of Vortex Brands. "We've spent months establishing reliable supply chains and refining partners and now we're positioned to participate in the global gold trade with a structure that is scalable, secure, and profitable. With increasing global demand for gold and tightening supply, we believe this JV opens the door to long-term value creation for our shareholders."
This move comes at a time when gold continues to gain prominence as both a hedge against inflation and a reserve asset in uncertain markets. According to the World Gold Council, central bank gold purchases remain at multi-decade highs, and artisanal mining continues to supply a significant portion of the global gold market--making this JV both timely and strategically important.
More on Colorado Desk
The joint venture supports VTXB's broader objective of building diversified, revenue-generating verticals in real assets. The Company will provide further updates as additional milestones are achieved under this partnership.
About Vortex Brands Co. (VTXB)
Leveraging its digital asset background, Vortex Brands is expanding into real assets with a sharpened focus on commodities trading. This strategy is underscored by a new gold joint venture and the active pursuit of high-value partnerships and acquisitions in sectors like oil and gas technology, all aimed at building a robust portfolio of asset-backed, revenue-generating ventures.
The initial purchase of 10 kilograms of gold dore has been fully funded and is currently being picked up and transported to Dubai for refining and monetization. Upon completion of this transaction, an additional 10-kilogram purchase will immediately follow, with transactions scheduled to occur on a biweekly basis. The gold dore being acquired is approximately 95% pure, ensuring high recovery value upon refining.
The joint venture is expected to scale to as much as 1,000 kilograms (1 metric ton) of gold per month, based on the current production capacity and supply commitments offered to the JV partners by artisanal sources.
More on Colorado Desk
- Governor Polis Celebrates Colorado as Home to Three of the World's Top 400 Universities
- Colorado Celebrates Disability Pride Month and the 36th Anniversary of the Americans with Disabilities Act
- Return on Higher Education Remains Strong for Colorado Students
- Governor Polis Discusses Colorado's National Leadership In Education at the National Governors Association Convening in Oklahoma City
- Anamorphic 3D Only Works on Fixed Screens. Loud! OOH Put It on a Moving Ad Van for Flood Re
The JV partner, a Dubai Free Zone company, is responsible for overseeing the handling, refining, and sale of the gold, ensuring full regulatory compliance, efficient processing, and streamlined access to global buyers in one of the world's most trusted gold trading centers.
"This is a transformative moment for Vortex Brands," said Todd Higley, CEO of Vortex Brands. "We've spent months establishing reliable supply chains and refining partners and now we're positioned to participate in the global gold trade with a structure that is scalable, secure, and profitable. With increasing global demand for gold and tightening supply, we believe this JV opens the door to long-term value creation for our shareholders."
This move comes at a time when gold continues to gain prominence as both a hedge against inflation and a reserve asset in uncertain markets. According to the World Gold Council, central bank gold purchases remain at multi-decade highs, and artisanal mining continues to supply a significant portion of the global gold market--making this JV both timely and strategically important.
More on Colorado Desk
- From DJ Booths to Disney: Orlando Author Ryan Tiffin Launches "Chasing Magic"
- Colorado Springs Airport Monthly Update — June 2026
- FDA Food Recall Notices After Outbreak Linked to 98 Hospitalizations: Practical Tips for Safer Grocery Shopping
- The 'Tax Squeeze': Betsson's Record Quarter Previews the Economics of Finland's 2027 Casino Market
- ImagineX Acquires Payteros to Strengthen Digital Transformation Capabilities
The joint venture supports VTXB's broader objective of building diversified, revenue-generating verticals in real assets. The Company will provide further updates as additional milestones are achieved under this partnership.
About Vortex Brands Co. (VTXB)
Leveraging its digital asset background, Vortex Brands is expanding into real assets with a sharpened focus on commodities trading. This strategy is underscored by a new gold joint venture and the active pursuit of high-value partnerships and acquisitions in sectors like oil and gas technology, all aimed at building a robust portfolio of asset-backed, revenue-generating ventures.
Source: Vortex Brands Co.
0 Comments
Latest on Colorado Desk
- Denver's Best Chocolatier Unveils 4-Foot, 70-Pound Chocolate Replica of Denver Union Station
- Governor Polis Celebrates Colorado National Guard and Swiss Armed Forces Partnership at Proclamation Ceremony
- Setting Colorado's Table: New Coffee Table Book Celebrates 150 Years of Agricultural Legacy
- Colorado Ranked #1 in Education: Investments in Universal Preschool, Full-Day Kindergarten and Innovative Workforce and Higher Education Pathways Propel State to Top Spot
- City Council approves community-led vision for the future of southeast Colorado Springs
- What They're Saying: Colorado Ranked #1 in Education by US News and World Report
- Colorado Ranked #1 in Education: Investments in Universal Preschool, Full-Day Kindergarten and Innovative Workforce and Higher Education Pathways Propel State to Top Spot
- Colorado Springs: City launches new Parking Enterprise brand focused on making parking easier
- Andrew-Thomas Contractors Expands Local Fencing Resources with New Highlands Ranch Service Page
- Tourism Industry Contributed $29.2 Billion to Colorado Economy in 2025
- Mesa West Capital Originates $81 Million Loan to Refinance Denver Apartment Community
- $620 Million in Recent Government Contract Awards with More Than $1.2 Billion in Annualized Revenue: Circle8 Group (N A S D A Q: CIRC)
- Lewis County Hydrogen Alliance Launches Phase 1 Work to Turn Forest Residuals into Fuel-Grade Hydrogen and Dispatchable Clean Power
- Next Gen Fibre Selects netElastic vBNG and CGNAT to Fuel Rapid Nationwide Expansion and Eliminate Network Bottlenecks
- Boston Industrial Solutions, Inc. Introduces SAP-G70 Primer for bonding silicone to silicone and other materials
- Governor Polis Welcomes Delegation from Yamagata Japan, Colorado's First Sister-State; Reception Open to Press at 6:30 PM MT
- Colorado Springs: Motorcyclist dies after July 16 crash on I-25 between Tejon and Cimarron Streets
- Colorado Springs: Driver dies after July 9 crash on South Powers and East Fountain Boulevard
- 'Reflections: Enlightening Insights Into the Divine Mystery' — The Latest Book by Philosopher Steven Colborne
- Scott G. Hoy of Hoy Law Earns 11th Consecutive Super Lawyers Selection