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Advance United Holdings Inc
Symbol AUHI
Shares Issued 36,489,706
Close 2021-12-03 C$ 1.15
Market Cap C$ 41,963,162
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Advance United launches on-line mineral marketplace

2021-12-06 13:00 ET - News Release

Mr. James Atkinson reports

ADVANCE UNITED HOLDINGS INC. (AUHI) ANNOUNCES FIRST OF ITS KIND DIGITAL PLATFORM CONNECTING PROPERTY OWNERS OF MINERAL COMMODITIES AND DEPOSITS WITH DEVELOPERS AND PRODUCERS

Advance United Holdings Inc. has launched a new and unique technology platform called Advance United Marketplace, designed for owners of properties bearing mineral commodities and deposits. The platform provides property owners with a means to increase the value of their properties and connect to potential developers including mid-tier exploration companies and large mining and production companies for next-phase development and production.

Advance United Marketplace is designed to become a large and comprehensive registry of historically explored, documented and promising precious metals, base metals and rare earth deposit properties. The platform brings property owners and producers together in a vertically integrated marketplace. The technology has the potential to disrupt the sleepy mining industry with its historically secretive datasets and models. It is designed to improve universal access, ownership, finance and development, translating to increased speed, scale and market offerings as well as services not currently available.

Through the marketplace platform, Advance United will be onboarding properties with underdeveloped, documented resources and reserves that are non-compliant or not current with National Instrument 43-101, and then increasing value by applying modern exploration techniques to make the property compliant and available for possible acquisition and development.

"The strategy is to take a property at current value and apply our technology, knowledge and experience to increase the property value significantly so it becomes attractive to a potential purchaser," says Advance United chief executive officer Jim Atkinson. "Our ultimate goal for the platform is to bring a property to the stage where either a mid-tier or major mining company will be interested in acquiring it for significantly more than it was originally worth."

The Advance United Marketplace caters to owners with properties bearing precious metals such as gold, silver, platinum and palladium; base metals such as copper, lead, nickel and zinc; as well as properties with rare earth deposits.

Historic and forgotten properties in many cases have had millions in exploration dollars invested over the last 30 years or more when the price of commodities and minerals such as gold were low and would not have been economical to develop at the time. Many of these properties are now dormant, but still have the potential to be reactivated by applying current, modern, mechanized technology, and contemporary techniques to create qualified reports in the form of National Instrument 43-101 or JORC, that will unlock the recognized and current value. This coupled with current prices significantly increases potential for development.

Advance United will be supporting the platform with a significant North America-wide marketing campaign.

"We would like owners of properties bearing mineral commodities and deposits to be aware of Advance United Marketplace especially the benefit of taking undervalued properties, increasing their value, and then connecting owners to exploration and production companies. The best way to do that is promotion through a marketing program," says Mr. Atkinson.

About Advance United Holdings Inc.

Advance United, headquartered in Toronto, Canada, is traded on the Canadian Securities Exchange in Canada under the symbol AUHI and the Borse Frankfurt Stock Exchange in Germany under the symbol 9I0.

Advance United is a different kind of Canadian junior mining company, one designed to succeed where other junior mining companies fail. The company is involved exclusively in the acquisition and advancement of past-producing gold mines -- with no intent to bring them back into production or to mine them. Advance United's expertise is in identifying and acquiring undervalued gold properties with significant historical work, which were uneconomic at the time, but can now realize increased economic value at today's price of gold.

The company finances the development of reworking historic data and applying modern technology to underwrite new qualified reports, document quantifiable resources and reserves to current standards, thereby recognizing the current value.

Advance United recently launched Advance United Marketplace, a technology platform designed for owners of properties bearing mineral commodities and deposits. The platform provides property owners with a means to increase the value of their properties and connect to potential developers including mid-tier exploration companies and large mining and production companies for next-phase development and production.

Advance United's purpose is to bring immediate and long-term value to its partners and shareholders while seeking to eliminate exploration risk, so that the projects can all advance united.

We seek Safe Harbor.

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