Since April 1, 2020, SBI-AG has rented a new sales office in Munich, which is scheduled to start operations on June 1, 2020. The new office is located in the east of Munich in the Waldtrudering district at Friedrich-Panzer-Weg 4. From there, a sales engineer will initially start selling metal powder for 3D printers. Deliveries are expected to start in November 2020. The delivery program of SBI AG is to be presented at the formnext fair in Frankfurt from November 10th to November 13th, 2020.
After a long period of preparation, the Canadian subsidiary "SBI Sons of Bavaria Investment Canada Ltd" was founded. The new company entered into an earn-in agreement with the well-known Canadian prospector Perry MacKinnon in Nova Scotia on March 1, 2020. The agreement enables SBI-Canada to acquire up to 100% of the shares in two ore deposits in Nova Scotia over the next four years.
SBI-AG of Germany has signed an Option Agreement effective 2nd March, 2020, that entitles SBI-AG to aquire 100% ownership of two mineral properties in Nova Scotia, Canada via a new Canadian Subsidiary Company. The option agreement provides for an undisclosed payment in cash and in stock to the current owner, Mr. Perry McKinnon. For more details see "SBI Exploration Projects in Canada".
Effective 20th November 2019 SBI has purchased five million shares of voting stock in Australian exploration company White Rock Minerals (WRM), headquartered at Ballarat Victoria and traded on the ASX (WRM).
Plans to clear old tailings on Bulldog Mountain
How can you tell a "Green Miner" from a conventional miner? "A Green Miner is convinced that man-made climate change is a scientifically proven fact and would not apply for a coal-mining-lease these days" says Hans-Werner Kummerow from Germany, who was granted an Exploration License for Group 1 Metals in the Drake Volcanics between Casino and Tenterfield in fall of 2019.