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Home Press Release GlobeNewswire

New Generation Consumer Group Signs LOI for Strategic Business Combination with Ghana-Based Gold Miner Narawa Company Limited

July 16, 2026
in GlobeNewswire, Web3
Reading Time: 6 mins read
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SCOTTSDALE, A iz., July 16, 2026 (GLOBE NEWSWIRE) — New Ge e atio Co sume G oup, I c. (OTC: NGCG), a leade i tech ology-d ive i f ast uctu e a d scalability solutio s, today a ou ced the executio of a Lette of I te t (LOI) with Na awa Compa y Limited to pu sue a st ategic busi ess combi atio . Ma awa is a gold mi i g ope atio that is cu e tly utilizi g o ly 4% of its gold- ich la d holdi gs. Th ough NGCG’s sy e gistic capital- aisi g capabilities a d st ategic pa t e ship oppo tu ities, Ma awa has the pote tial to sig ifica tly expa d its mi i g ope atio s. This i c eased scale could u lock substa tial u tapped esou ces, leadi g to mate ially highe gold p oductio a d sig ifica tly e ha ced yields.

Na awa Compa y Limited, ope ati g as Na awa Mi i g Compa y, is a Gha a-based gold mi i g compa y with a active mi i g lease (PL-5/95) i the Easte Regio of Gha a, ea the commu ities of Nsuapemso a d Nsutam withi the Fa teakwa South a ea. The compa y mai tai s mi i g ope atio s i a p ospective gold-p oduci g egio a d has established elatio ships withi its local ope ati g commu ities.

I additio to its mi i g activities, Na awa has demo st ated a commitme t to commu ity e gageme t a d social developme t. The compa y has suppo ted local i f ast uctu e a d educatio i itiatives, i cludi g the fu di g of a six-u it class oom block, co st uctio of a du ba g ou d, a d do atio of equipme t to local educatio di ecto ates. These effo ts have ea ed ecog itio f om local t aditio al leade s a d commu ity stakeholde s, fu the st e gthe i g the compa y’s p ese ce i the egio .

“This LOI ep ese ts a exciti g oppo tu ity fo NGCG as we co ti ue to ide tify st ategic t a sactio s that ca c eate lo g-te m value fo ou sha eholde s,” said Jacob DiMa ti o, CEO of New Ge e atio Co sume G oup. “Na awa has established a mea i gful p ese ce i Gha a’s gold mi i g secto th ough its active mi i g lease a d st o g commu ity elatio ships. We believe this p oposed busi ess combi atio has the pote tial to e ha ce ou g owth st ategy, expa d ou asset base, a d positio the combi ed compa y to pu sue ew oppo tu ities i the atu al esou ces ma ket. We look fo wa d to wo ki g closely with the Na awa team as we adva ce ou due dilige ce a d evaluate the path towa d a defi itive ag eeme t.”

I additio to the p oposed t a sactio with Na awa, NGCG is actively e gaged i discussio s ega di g seve al othe mi i g acquisitio oppo tu ities ac oss multiple i te atio al ma kets. Ma ageme t believes these oppo tu ities, if successfully completed, could fu the st e gthe the Compa y’s positio withi the global atu al esou ces secto a d suppo t its lo g-te m g owth objectives.

About New Ge e atio Co sume G oup, I c.

New Ge e atio Co sume G oup, I c. (OTC: NGCG) is focused o ide tifyi g a d developi g scalable eve ue-ge e ati g busi ess oppo tu ities ac oss eme gi g tech ology secto s, with a st ategic emphasis o a tificial i tellige ce i f ast uctu e a d digital platfo ms.

​Safe Ha bo / Fo wa d-Looki g Stateme ts

​This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of Sectio 27A of the Secu ities Act of 1933 a d Sectio 21E of the Secu ities Excha ge Act of 1934. These stateme ts i volve isks a d u ce tai ties that could cause actual esults to diffe mate ially f om those p ojected. Fo wa d-looki g stateme ts ca be ide tified by the use of wo ds such as “a ticipates,” “expects,” “i te ds,” “pla s,” “believes,” “seeks,” “estimates,” “guida ce,” “futu e,” o simila exp essio s. These stateme ts, i cludi g those ega di g the closi g of the Reg A offe i g, secu i g p ivate le de fi a ci g, pe di g a d futu e acquisitio s of app-based compa ies, futu e p ofitability, a d pla s to uplist to a se io excha ge, a e based o cu e t expectatio s a d assumptio s that a e subject to isks a d u ce tai ties. Actual esults could diffe mate ially due to va ious facto s, i cludi g ma ket co ditio s, the compa y’s ability to successfully egotiate a d close p ivate fi a ci g o acquisitio s, a d ge e al eco omic co ditio s. The compa y u de takes o obligatio to update o evise a y fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts, o othe wise.

CONTACT:

I vesto Relatio s

New Ge e atio Co sume G oup I c.

Phoe ix, A izo a

Email: I vesto Relatio s@ gcg.com

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