DLT Resolution Inc., together with its subsidiaries, operates in blockchain applications, telecommunications, and data services in the United States and Canada. The company provides image capture, data collection, data phone center, and payment processing services. It offers secure data management, information technology, and other telecommunications services. In addition, it provides health information exchange services through its centralized system and portal named RecordsBank.org, which is a cloud-based PIPEDA and HIPAA compliant network for patients, lawyers, and insurers to retrieve and access medical records. The company was formerly known as Hemcare Health Services Inc. and changed its name to DLT Resolution Inc. in December 2017. DLT Resolution Inc. was founded in 2007 and is based in Las Vegas, Nevada.
DLT Resolution Inc. Signs Letter of Intent to Acquire Emerging Gold Production Company
DLT Resolution signed a Letter of Intent to acquire J3M Gold Corporation, marking a strategic pivot into gold production. The proposed transaction involves issuing common shares and a 52% earn-in requiring approximately US$3 million in capital to upgrade the Las Palmas mill in Chile.
Management expects the mill upgrades to yield production of roughly 10,000 ounces of gold in the first operating year. The company also aims to increase mill throughput to 80 tonnes per day and mine production to 100 tonnes per day.
Simultaneously, DLT management is working to reduce the issued and outstanding share count and has decided to abandon a previously announced skin-care license transaction to focus on this opportunity.