

Gold and Gemstone Mining enters Bali's premium market with a seven-villa luxury development and evaluates upscale restaurant and hotel opportunities to expand its Indonesia hospitality footprint GGSM is diversifying into Bali's premium real estate and hospitality market. The initial project includes seven luxury villas with an estimated $7.7M total sales target.

JAKARTA, Indonesia , July 24, 2023 /PRNewswire/ -- Gold and Gemstone Mining, Inc. (OTC: GGSM; "the Company"), acquires Charter boat Saranya to meet tourism pent-up demand we continue to see for cruise vacations. "We are excited about the addition of Saranya to our fleet, which reflects the strong position that GGSM has established in the U.S., the pent-up demand we continue to see for cruise vacations, and the overall plans by GGSM to optimize capacity and growth in key markets," said Rudi Khelces, CEO Tourism Market to Reach USD 16.9 Trillion By 2030; The Emerging Notion of Adventure Tourism Reflects Strong Growth - Globe Newswire article Feb. 24, 2023 GGSM recently acquired the Saranya, a 10-passenger, plus 4 crew member liveaboard vessel to its fleet.
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