CLEVELAND, OHIO, Sept. 05, 2023 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”) announces the closing of its acquisition of Collins Building & Contracting, Inc. (“Collins Building”), an environmental services business that primarily focuses on the reclamation of abandoned mine land (“AML”) sites in West Virginia, representing Malachite’s acquisition of its third environmental services business in West Virginia in the past 16 months.

俄亥俄州克利夫兰市，2023年9月5日（GLOBE NEWSWIRE）-孔雀石创新公司（OTC Mkts:MLCT）（“孔雀石”）宣布关闭收购Collins Building＆Contracting，INC。（“Collins Building”）这是一家主要专注于西弗吉尼亚州废弃矿山（“AML”）遗址开垦的环境服务业务，代表孔雀石在过去16个月内收购了西弗吉尼亚州的第三家环境服务业务。

Collins Building Acquisition The acquisition was consummated on August 31, 2023 pursuant to a Stock Purchase Agreement, of the same date, entered into between Malachite and Roger Collins, Collins Building’s sole shareholder, whereby Malachite acquired 100% of the outstanding common stock of Collins Building for $5.035 million, comprised of $1.0 million of cash, a $2.0 million seller note collateralized by the acquired real estate and quarry infrastructure, and a separate $2.035 million seller note collateralized by the acquired equipment.

柯林斯大厦收购该收购于2023年8月31日完成，根据同日的股票购买协议，在孔雀石与柯林斯大厦的唯一股东罗杰·柯林斯之间签订协议，孔雀石收购柯林斯大厦已发行普通股的100%，价格为5035万美元，包括100万美元现金，由收购的房地产和采石场基础设施抵押的200万美元卖方笔记，以及由收购的设备抵押的单独的203.5百万美元卖方笔记。

The purchase included over 100 pieces of equipment, nearly 100 acres of land, a multi-use mechanics shop, an active sandstone quarry, and several reclamation contracts. Roger Collins will serve as Senior Vice President of Sales of Range Environmental Resources, Inc., a wholly-owned subsidiary of Malachite, responsible for growing Malachite’s abandoned mine land business throughout West Virginia.

购买包括100多件设备，近100英亩的土地，多用途机械商店，活性砂岩采石场和几个填海合同。Roger Collins将担任孔雀石控股子公司Range Environmental Resources，Inc。销售高级副总裁，负责在整个西弗吉尼亚州种植孔雀石废弃的矿山土地业务。

“We are our excited to have acquired our third reclamation business in West Virigina to add the critical equipment and operational infrastructure, including a mechanics shop and sandstone quarry, necessary to support the significant growth of our reclamation business,” stated Michael Cavanaugh, Malachite’s Chief Executive Officer.

孔雀石公司首席执行官Michael Cavanaugh说：“我们很高兴在West Virigina收购了第三个填海业务，增加了支持填海业务大幅增长所必需的关键设备和运营基础设施，包括机械车间和砂岩采石场。

“Roger Collins is an exceptional leader with unparall.

“罗杰·柯林斯是无与伦比的杰出领导者。