Black G Limited (“Black G”) is a company incorporated in the United Kingdom that is the issuer of the MAS Coin. Its sister company, Davinco Singapore Investment Pte Ltd (“Davinco”) has the exclusive marketing rights for the coal and gold deposits. The proposed issuance of MAS Coin is to finance the ongoing development of the Coking Coal Project in Kalimantan, Indonesia and the gold exploration projects in Indonesia and Zimbabwe. Black G goal is to create a new economic system for the mining industry that allows entrepreneurs and private individuals to participate in the creation of a new technological economy with a view to producing a profit for both groups. A Demand driven Business Model provides a constant demand for the MAS Coin. By integrating fiat payment gateways, MAS Coin aims to become a legitimate gateway of fiat into crypto, enhancing the entire ecosystem and accelerating mainstream adoption. The MAS Coin is an ERC20-based token is backed by some US$ 800 million worth of coal to be marketed.
Received mining rights license from Bupati Tabalong, Indonesia. Commenced geological field exploration for coal deposits.
Conversion of the mining rights license from KP into IUP due to UU no 4 2009. Further field exploration.
Land Use permits for exploration process. Exploration continued, followed by the JORC drilling program. Upgrade of IUP Exploration into IUP operation production
Land Use Permits for the coal mining operation production process (IPPKH)
Discovery of gold nuggets in river within the concession.
Due diligence on gold prospects in Malaysia.
The signing of Letter of Intent to explore and produce gold in Zimbabwe.
Developed MAS coin. Signed agreement with LaToken Exchange to raise funds to mine coal and explore for gold.