First Colombia Gold Announces New Leasing Program
26 July 2014 - 3:43AM
Newly appointed President Clarence Parks announced today that First
Colombia Gold, Corp. (OTCQB:FCGD) has rolled out the first model of
its new leasing program. In doing so, Parks stated "We have
acquired 1,114 acres of land, which increases our existing acreage
from 3,819 acres to 4,933 acres. This is very exciting news, as we
increase our lease holds by over 30%."
Parks added, "To date we have already acquired nine additional
leases valued at over $200K."
CEO Dr. Robert Gates stated, "We are being very aggressive in
seeking out lease purchases and acquisitions, which will increase
cash flow and revenue to our company. In just a few months, we have
added almost $5 million in assets and have created a revenue stream
to continue to build from."
Dr. Gates also stated, "This truly shows our commitment to
production within this region and I am sure demonstrates how
serious we are about the drilling programs we are currently
implementing. We are looking for big production numbers to show to
the public and our shareholders in the coming months."
About First Colombia Gold
First Colombia Gold Corp. is a capital company focused on
acquiring, developing and advancing natural resource, energy, and
real estate projects in Europe, North America, and South America.
Our business model is to acquire undervalued assets combining
potential for building assets values and cash flow through leverage
to improved operational efficiencies and development.
Our current activity focus is on precious metal exploration in
Montana in addition to planned initial activities of our energy
division.
Investor Inquiries: David Kugelman, Investor Relations Phone:
(404) 856-9157 / (866) 692-6847 Website: www.firstcolombiagold.com
Email: info@firstcolombiagold.com
Disclaimer
This release contains forward-looking statements that are based
on beliefs of First Colombia Gold Corp. management and reflect
First Colombia Gold Corp.'s current expectations as contemplated
under section 27A of the Securities Act of 1933, as amended, and
section 21E of the Securities and Exchange Act of 1934, as amended.
When we use in this release, the words "estimate," "project,"
"believe," "anticipate," "intend," "expect," "plan," "predict,"
"may," "should," "will," "can," the negative of these words, or
such other variations thereon, or comparable terminology, are all
intended to identify forward looking statements. Such statements
reflect the current views of First Colombia Gold Corp. with respect
to future events based on currently available information and are
subject to numerous assumptions, risks and uncertainties, including
but not limited to, risks and uncertainties pertaining to
development of mining properties, changes in economic conditions
and other risks, uncertainties and factors, which may cause the
actual results, performance, or achievement expressed or implied by
such forward looking statements to differ materially from the
forward looking statements. The information contained in this press
release is historical in nature, has not been updated, and is
current only to the date shown in this press release. This
information may no longer be accurate and therefore you should not
rely on the information contained in this press release. To the
extent permitted by law, First Colombia Gold Corp. and its
employees, agents and consultants exclude all liability for any
loss or damage arising from the use of, or reliance on, any such
information, whether or not caused by any negligent act or
omission. This press release incorporates by reference the
Company's filings with the SEC including 10k, 10Q, 8K reports and
other filings. Investors are encouraged to review all filings.
There is no assurance First Colombia Gold Corp. will identify
projects of merit or if it will have sufficient financing to
implement its business plan. There is no assurance that the
Company's due diligence on the potential acquisition of oil and gas
assets will be favorable nor that definitive terms can be
negotiated. Information in this release includes representations
form the private companies referred to which has not been
independently verified by the company. A downturn in oil prices
would affect the potential profitability of the proposed
acquisition negatively.
Contact: First Colombia Gold David Kugelman, 404-856-9157
Investor Relations 866-692-6847 www.firstcolombiagold.com
info@firstcolombiagold.com
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