Gulf Resources signs strategic cooperation deal with Brazil’s Montes Verdes to form joint venture

• Gulf Resources entered a strategic cooperation agreement on Aug. 20, 2026 with Brazil’s Montes Verdes to form a joint venture.
• Planned venture targets overseas expansion, integrating Montes Verdes’ mining assets with Gulf’s extraction and production capabilities.
• Agreement includes a revenue guarantee of at least USD 180 million to be consolidated into Gulf’s results in 2027.
• Montes Verdes also guarantees at least 20% annual sales growth for the following five years.
• Deal contemplates potential additional Gulf share issuance if targets are met and profitability matches industry levels.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gulf Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608260830PRIMZONEFULLFEED9816308) on August 26, 2026, and is solely responsible for the information contained therein.