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Minehub Technologies Inc V.MHUB

Alternate Symbol(s):  MHUBF

MineHub Technologies Inc. provides enterprise-grade digital solutions that connect buyers, sellers and financiers within physical commodities supply chains in a digitally integrated workflow powered by data that is usable, shareable, verifiable and unforgeable. The Company’s principal business is the development and operation of a technology platform for digital trade for the global mining and metals supply chain and related enterprise solutions. Its platform provides trade management, inventory management, ESG and compliance, emissions, trade finance, and assay exchange. The Company’s solutions are used by global enterprises already as part of their logistics, compliance, trade management and financing operations.


TSXV:MHUB - Post by User

Post by partystockeron Aug 29, 2022 3:56pm
42 Views
Post# 34927738

MHUB.v continues to prove its solutions viability.

MHUB.v continues to prove its solutions viability.

This month, MineHub (TSXV: MHUB) announced that it has entered into an agreement with Sumitomo Corporation (SC), one of Japan’s largest corporations (MCAP: US$17.952B).


Under the agreement, SC will subscribe to the MineHub platform and enterprise applications as a paying customer. The implementation of the MineHub platform in SC's global operations underlines the mutual commitment to a long term relationship, and the MineHub global team will work closely with the SC team to support the adoption of the MineHub platform by its worldwide network of mining companies, smelters and service providers.


This is just the latest big partnership for MineHub, as the company also entered into a commercial agreement with BHP (NYSE: BHP | MCAP: US$202.719B) in July. MineHub’s solutions will have a huge impact on streamlining logistics, as they will enable these companies to digitize their previously paper-based operations. 


MHUB.v shares are continuing a trend of consolidation at $.245 as the 50MA continues to flatten from bearish trajectory. Following these big partnerships for MineHub, I’m highly anticipating updated financial statements from the company to be a big catalyst for a strong trend reversal. 


MHUB.v is currently trading at $.23, valued at $14.95 million. 


https://ceo.ca/@newsfile/minehub-and-sumitomo-corporation-enter-into-commercial

 
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