KMT Global Resources Corp. agreed to acquire the remaining 1% stake in KMT Global Holdings Inc. (OTCPK:KMTG) on August 24, 2012. KMT Global Resources Corp. intends to file an S1 registration statement with SEC to become a fully reporting company. The agreement is subject to shareholder's approval from both companies.

KMT Global Resources Corp. cancelled the acquisition of the remaining 1% stake in KMT Global Holdings Inc. (OTCPK:KMTG) on August 24, 2013.