Gulf Resources signs strategic cooperation with Brazilian miner Montes Verdes; JV targets $180M 2027 revenue

GULF RESOURCES, INC.

Agreement signed Aug 20, 2026 with Montes Verdes Participacoes Ltda., a Brazilian mining company.
Joint venture to integrate resources; Montes Verdes holds bromine, lithium, gold, manganese, rare-earth assets.
Montes Verdes guarantees 2027 consolidated sales revenue of at least $180M into Gulf system.
Guarantees annual sales growth of at least 20% for each of following five years.
Additional Gulf shares may be issued if 2027 target met and profitability at/above industry levels.

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