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Mucinno Holding, Inc.
Mucinno Holding, Inc, Introductory Statement
Business
Sep 7 2021
3 min read

Mucinno Holding, Inc, Introductory Statement

Dear investors,

First of all, we want to thank you for the patience you have had. In this introductory statement we seek to share the current situation and the future that we have planned with our different projects.

Mucinno Holding, Inc. is pleased to announce that its merger process concluded resulting in a subsidiary in Mexico (PROMOTORA MEXICANA DE VEHICULOS SA de CV, PMV) of which MCNO is the total owner and controller of its operations. We have more than 20 years of experience in the mining and aggregates transport sector, in this time we have managed to form strong commercial relationships with our clients, and during the merger and restructuring process the company acquired its second silica sand mine with more than 3,500,000 tons in the Southeast of Mexico.

In PMV we are currently operating two own silica sand mines, located in the center and in the southeast of Mexico, from these points we supply to our clients dedicated to the cement industry, and we integrate our product into their production chain which they use as raw material to produce cement. Our service ranges from the exploitation, selection of materials, storage and transport with our own equipment. Our vehicle fleet started in 2021 with 6 units and as of today it is made up of a total of 25 units, with the need to continue with new acquisitions thanks to current and future market demand. In addition to supplying silica sand, we also offer to our clients: freight services, transporting their aggregates and forming circuits to obtain a greater profitability.

We are currently investing time and our own resources for the development of new products using our silica sand as raw material, the products under development are cold asphalt, concrete additive, and a super glue, which are planned to be commercialized in the near future.

Edgar Mucino Castillo, CEO of Mucinno Holding said, “We are pleased to have concluded the restructuring process of the company, alongside with the acquisition of the second mine that has set the company to grow at a steady pace. This has allowed the company to extend the fleet and the supply capacity to fulfill a growing demand.”

About Mucinno Holding, Inc.

Mucinno Holding is a group focused on mining activities that specializes on the extraction and transport of aggregates. It aims to expand by offering more services to their clients and innovate creating finished goods made from their raw material.

mcno.com.mx


Forward-looking statements

This press release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those laws. These forward-looking statements are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond our control and are not guarantees of future performance. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in any such forward-looking statements and any such difference may be caused by risk factors listed from time to time in the Company's news releases and/or its filings with the OTC Bulletin Board or as a result of other factors.