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Nature of Business
9 Months Ended
Sep. 30, 2023
Nature of Business  
Nature Of Business

Note 1: Nature of Business

 

Global Gold Royalty Inc. (the “Company”) was established under the laws of the State of Nevada on August 23, 2019. The Company was engaged in the business of financing mining projects, primarily in precious metals. In connection with the acquisition of certain biotechnology assets, the Company has transitioned into a new business plan focused on commercializing stem cell based technology in the biotechnology sector with a specialty focus in regenerative medicine. In order to better reflect its new business focus, the Company changed its name to Stem Cell Inc. and was approved by the Nevada Secretary of State on October 10, 2023.