LIG Assets Enters Agreement to Acquire Florida Limestone Property for Aggregates and Calcium Carbonate Production

LIG Assets, Inc. has entered into a definitive agreement to acquire a tract of land in Northwest Florida for the purpose of mining limestone aggregates and high-quality, ultra-pure calcium carbonate. The mining property is located in Florida's northern panhandle and is expected to support the production of construction aggregates, including road base materials, as well as agricultural lime, which is used to reduce soil acidity. The site also presents future potential for expansion into the ultra-pure calcium carbonate market, which serves a broad range of medical, agricultural, and industrial applications.

These end uses include antacids and calcium supplements, construction materials, paper and paint products, and common consumer goods such as toothpaste, cleaning agents, and food additives. In connection with the transaction, LIG Assets has transferred $500,000 to the seller to secure exclusive rights to the entire acreage. Additional details regarding the transaction will be disclosed at a later date. The acquisition represents a significant milestone in LIG Assets' strategic diversification efforts and expands the Company's portfolio across the agriculture, construction, and industrial markets.

Allan Gillis, Chief Executive Officer of LIG Assets, stated that current regulations require the disclosure of material events within four days, which necessitated this announcement despite the transaction remaining fluid. The Company is targeting positive operational cash flow in 2026, positioning itself for potential uplisting to a minimum of QB and/or QX status. Important factors that could cause actual results to differ significantly from those expressed or implied by forward-looking statements are detailed in the Company's filings on file at https://www.otcmarkets.com/stock/LIGA/overview.