Business
NoHo, Inc. Signs Definitive Agreement to Acquire 51% of the Alvarado Gold Mine in Arizona
NoHo, Inc. Signs Definitive Agreement to Acquire 51% of the Alvarado Gold Mine in Arizona.
About this update from Noho, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n NoHo, Inc. Signs Definitive Agreement to Acquire 51% of the Alvarado Gold Mine in Arizona\r\n \r\n \r\n\r\n\r\nNoHo, Inc. Signs Definitive Agreement to Acquire 51% of the Alvarado Gold Mine in Arizona\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nLAS VEGAS, Aug. 27, 2025 /PRNewswire/ -- NoHo, Inc. (OTC: DRNK) (\"NoHo\" or the \"Company\") is pleased to announce it has executed a binding purchase agreement to acquire a controlling 51% interest in the Alvarado Gold Mine, located in Arizona.\r\n\r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\n \r\nThe Alvarado Gold Mine comprises seven (7) unpatented mining claims and twelve (12) patented claims. Immediate opportunities exist to commence gold leaching operations utilizing previously mined ore, which has not yet been processed. The Company anticipates beginning these activities within two to three weeks and expects to generate initial revenue as soon as September.\r\n\"This acquisition marks the first step in executing NoHo's broader growth strategy,\" commented Anthony Anish, CEO of NoHo, Inc. \"We are delivering on our business plan and expect to close additional strategic transactions in the near future. We remain committed to keeping our shareholders informed as developments occur.\"\r\nAbout NoHo, Inc.\r\nNoHo, Inc. (OTC: DRNK) is transforming into a diversified global holding company with interests spanning mineral resources (including mine operations in California and Arizona), and minority holdings in an AI company. It also includes its innovative Smog Armor paint which significantly reduces indoor pollution by just painting the interior walls of your home or business, its concrete blocks that reduce and store CO2 from the air reducing the carbon footprint and Cool Crete, a concrete additive that tackles the growing issue of urban heat and the urban island effect.\r\nThe Company continually seeks out and invests in forward-thinking, environmentally responsible technologies including mineral extraction systems designed to minimize environmental impact.\r\nNoHo's intent is to inspire global adoption of sustainable, eco-conscious lifestyles, supporting this through the development and commercialization of cutting-edge, environmentally friendly products and solutions. Alongside ongoing mining initiatives, NoHo is actively expanding into the FinTech sector, targeting investments in prof...