GGSM Commences Development of Luxury Villas Projects in Bali
GOLD AND GEMSTONE MNG INC (GGSM)
Company Research
Source: GlobeNewswire
BALI, Indonesia, April 15, 2026 (GLOBE NEWSWIRE) -- Gold and Gemstone Mining, Inc. (OTC: GGSM) (“GGSM”) (the “Company”) announced that it has commenced development of two luxury villas and wellness projects in Bali, Indonesia, as part of its continued expansion into hospitality and real estate development within its Indonesia-focused business activities. The projects are being developed as upscale hospitality-oriented assets designed to align with Bali’s growing demand for wellness, retreat-style, and luxury accommodation experiences. Raven Villa and Wellness Raven Villa and Wellness is a luxury wellness-focused villa development located near Nyang Nyang, Bali. The project spans approximately 22 acres and is planned to include 13 villas, a dedicated wellness facility, and an on-site restaurant, designed as a retreat-style destination serving the premium segment of the Bali market. The project is currently under construction with an estimated total development cost of approximate
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