On November 3, 2025, NewGenIVF Group announced the execution of a non-binding term sheet related to a proposed merger with SAXA, Inc., an international holding company focused on high-value mining assets. Terms of the proposed transaction include the issuance of 500 million Class A shares of NIVF stock at $10 per share to SAXA shareholders in exchange for: 1) placer mining claims on 640 acres in La Paz County, Arizona and 2) claims on 440 acres in California wherein ore samples were found to contain recoverable gold, silver, and Rare Earth Elements (REEs). Following the close of the transaction, NIVF plans to issue an additional 50 million Class A shares at $5 per share to raise capital for the development of the Arizona and California mines, the initial phase of construction of the Gold Earths & Mineral Strategies (GEMS) processing facility in close proximity to the La Paz County project, and seeding the SAXA's strategic M&A pipeline.
