Star Alliance International Corp. entered into an agreement to acquire 51% stake in Genesis Environmentally Safe Gold Extraction System and Intellectual Property for $5.1 million.

Star Alliance International Corp. (OTCPK:STAL) entered into an agreement to acquire 51% stake in Genesis Environmentally Safe Gold Extraction System and Intellectual Property for $5.1 million on March 21, 2023. Half of the purchase price is due and payable by September 30, 2023 and the balance is due within 12 months.

In addition, Star Alliance will provide at least $2.5 million working capital by July 31, 2023 for the construction of Genesis systems with the balance of another $2.5 million working capital due within twelve months.