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The Mineral Company (IGEX) Announces ST ANDREWS Acquisition

Indo Global Exchange(s) Pte. LTD, also known as The Mineral Company (OTC PINK:IGEX), revealed through an SEC 8K filing on March 20, 2024, the acquisition of a 25% corporate membership in SAINT ANDREWS. The deal, completed on March 18, 2024, was valued at approximately US $8.16 million, with IGEX securing the stake for $6 million after several months of diligent negotiations and evaluations. This strategic acquisition positions IGEX in the sustainable marine aquaculture and resources sector.

SAINT ANDREWS is recognized for uniting entities focused on the sustainable exploitation of marine resources, including the farming of various species such as sea bream, sea bass, and oysters, among others. It functions as a holding company, directly owning shares in businesses across the sustainable aquaculture and fish industry. Their operations range from hatcheries to the innovation of marine species and the production of high-quality, ecological marine products. With over 50 years of experience in marine aquaculture, ST ANDREWS aims to expand by integrating small sea-related companies and developing new marine products.

R. H.

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