LIG Assets Expands Mining with Second LOI, Unveils Game-Changing Environmental Tech

LIG Assets, Inc. (OTC PINK: LIGA), through its affiliate Gold Run, Inc., has executed a second non-binding Letter of Intent (LOI) with Kingdom Materials Holdings LLC for a proposed lease purchase of approximately 41 acres in Marianna, Florida, adjacent to the Brooks Quarry property. This strategic move expands LIG's mining footprint and complements its first binding LOI, which included a $500,000 payment and yielded favorable testing results. The company is positioning itself to establish a significant new mining and processing facility, leveraging years of investment in sustainable environmental technologies that form an integrated remediation platform. This platform, which management believes could be a game changer, includes three proprietary technologies: rapid water clarification without chemicals, oxygen and hydrogen enhancement for potential hydrocarbon recovery, and advanced heavy metal filtration with removal rates up to 93%.

The technologies target contaminated mining slurry pits, oilfield wastewater, heavy-metal sites, agricultural waste lagoons, and polluted water bodies, offering accelerated detoxification and potential resource recovery. For operators facing escalating environmental regulations, fines, and long-term liabilities, LIG's platform promises cleaner water, detoxified land, reduced exposure, and improved regulatory positioning. The company reports that slurry pit operators have initiated discussions for pilot programs and potential partnerships, including joint venture models, though no definitive agreements have been reached. LIG has maintained strategic silence during negotiations but plans a comprehensive update in March, detailing its mining roadmap, LOI progress, buildout plans, and introduction of an experienced mining executive team.

As a publicly held global conglomerate, LIG Assets focuses on acquiring middle-market industrial companies and has generated nearly $25 million in revenues since 2017. It aims for positive operational cash flow in 2026 and potential uplisting. The convergence of mining acquisitions, remediation technologies, resource recovery, and regulatory pressure creates what management sees as a transformative growth opportunity. However, risks remain, including the need for definitive agreements, regulatory approvals, financing, and commercial scaling. Forward-looking statements caution that actual results may differ due to various uncertainties. For more details, view the original release on www.newmediawire.com.