Merger of Pacific Gold Corp and Pilot Mountain Resources, Inc.
01.10.2013 | Marketwired
TORONTO, ONTARIO -- (Marketwired - Oct 1, 2013) - Pacific Gold Corp. (OTCQB:PCFG) (PINKSHEETS:PCFG) announced today that it has merged its wholly owned subsidiary Pilot Mountain Resources, Inc. into Pacific Gold Corp. with Pacific Gold Corp. being the surviving entity.Following the sale of Project W the merger of the subsidiary into the parent will save the company money on filing fees and administrative costs while Pacific Gold Corp. will continue to retain all of the rights owned by Pilot Mountain with regards to the sale of Project W.
About the Company
Pacific Gold Corp. (OTCQB:PCFG) is focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. owns three operating subsidiaries: Nevada Rae Gold, Inc., which owns and operates the Black Rock Canyon gold mine, located in north-central Nevada; Fernley Gold, Inc., which has acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada; and Pacific Metals Corp., (OTCBB:PMET) which owns mining claims in San Juan and Delores Counties, Colorado, encompassing the historic Graysill Mine.
This news release includes forward-looking statements that reflect Pacific Gold Corp.'s current expectations about its future results, performance, prospects and opportunities. Pacific Gold Corp. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Pacific Gold Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2013 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
Contact
Pacific Gold Corp.
416-214-1483
www.pacificgoldcorp.com
