READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES AMENDMENT OF TRANSACTION WITH ANGELO MERMER MARBLE MINING

READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES AMENDMENT OF TRANSACTION WITHANGELO MERMER MARBLE MINING

READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced multiple amendments to previous transactions.

In early 2021, RHCO agreed to acquire 64 acres of prime real estate alongside the Rhone River in France, and planned to develop 690 houses, villas and apartment for sale and lease. The purchase price was 15 million shares of RHCO common stocks. Yet the selling party had multiple tax and legal issues since then, and failed to deliver the required documents for constructing permission. For a long period of time RHCO has tried to resolve the issues but the selling party kept delaying and did not have positive response. Thus, RHCO has come to the decision to cancel the deal.

In another agreement, RHCO intended to sell the above real estate to the existing shareholders of ANGELO MERMER MADENCLK LMTED RKET (www.angelovalentinomarble.com), which is Turkeys largest holder of marble reserves. The transaction amount of EUR 2,070,000 (approx. USD 2.4 million) was paid by convertible bond of ANGELO MERMER, and was converted at 50% discount into 200 shares of ANGELO MERMER which equals to 5% of total ANGELO MERMER shares. Based on the valuation report of Baker Tilly (one of the largest valuation firms in the world) as of 31 March 2021, those shares worth approximately USD 5 million. It was calculated from 10% (USD 100 million) of total investment value of ANGELO MERMER (USD 1 billion) with its 1 million tons onyx marble in reserve.

Despite the cancellation of the real estate acquisition, RHCO has honored the deal with ANGELO MERMER. Instead of the real estate, RHCO has paid ANGELO MERMER with 15 million shares of RHCO common stocks restricted. RHCO now have the right to handle the sales and export of ANGELO MERMERs raw onyx marble blocks into China. Such exporting operations have started recently, with marble blocks being sold and shipped to China and Italy.

ANGELO MERMER MADENCLK LMTED RKET It operates an onyx marble mine located in Manisa, Turkey. Onyx is a rare and exotic stone with stunning patterns and veining in each slab that is not available easily. According to ANGELO MERMER, its economically recoverable high-grade reserve amount to 1 million tons. Its total onyx reserve accounts for 5% of the worlds total onyx reserves. Based on the valuation report of Baker Tilly as of 31 March 2021, the total investment value of ANGELO MERMER was calculated at USD 1 billion.

Richard Klitsie, CEO of RHCO stated, Even though the real estate deal did not work out, we have full confident on our investment in ANGELO MERMER. Thats why we want to continue to work with ANGELO MERMER. With both the currency and liquidity crisis in Turkey, we realize the opportunity of minimizing the cost of marble export thus increases the profit margin on the export of the products. The trading of onyx marble to China would bring us sizable profit for years to come.

Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors, such as;

OkePay: www.okepay.biz

OkePay VPOS: www.okepay.biz/vpos

OkeApp: www.okepartners.com

Oke Travel Club: www.oke-travel.com

OkToken: oktoken.biz

Readies: www.readies.biz

Neckermann: www.neckermanndirect.eu

Two Percent: www.twopercent.hk

Fligro: www.fligrofood.com

RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.

For further information please contact RHCO at info@readenholdingcorp.com

or +852 3950 5911

The RHCO corporate email address is info@readenholdingcorp.com

The RHCO corporate website can be accessed at www.readenholdingcorp.com

The RHCO Twitter account can be accessed at https://twitter.com/readenrhco

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.

Contact

Readen Holding Corp.

info@readenholdingcorp.com

+852 3950 5911

Readen Holding Corp., RHCO announcement