NewGen announces proposed reverse merger with SAXA in $5 billion mining asset deal

NewGenIVF Group Limited announced a non-binding term sheet for a proposed reverse merger with SAXA, Inc., involving mining assets valued at US$11 billion, including a gold and silver mine and a planned G.E.M.S. processing facility.

“This potential transaction represents a transformational strategic opportunity that will create massive shareholder value, and we believe it aligns perfectly with our vision of diversification and the pursuit of new opportunities across industries.”markets.financialcontent.com

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• markets.financialcontent.comContact Us - Concord Monitor - NewGen Announces Proposed Reverse Merger with SAXA, Inc. in a $5 Billion Mining Asset Acquisition Deal, Involving Gold, Silver, and Rare EarthAdmin Newspack, AutomatticJun 30, 2025

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