First Colombia Gold Corp Announces the Acquisition of Enterprise Partners, INC.; LOI to Acquire 11 Gas Stations and Convenience Stores
28.07.2015 | Accesswire
NASHVILLE, TN / ACCESSWIRE / July 28, 2015 / First Colombia Gold Corp. (OTCPINK:FCGD) (http://www.firstcolombiagold.com) announced today that the company is acquiring 100% interest in Enterprise Partners, Inc., which includes its current assets as well as all acquisition contracts the company has in place. Enterprise Partners currently has agreements in place to acquire 11 operating convenience stores in Alabama as well as a commercial fuel facility in North Carolina.
Jason Castenir, Chief Executive Officer of First Colombia Gold Corp stated, "Our board has been aggressively looking to diversify our operations and find additional revenue streams for the company. This acquisition is a perfect fit. We have already secured the financing necessary to close on these convenience stores and are anticipating taking over operations by mid to late September."
First Colombia Gold also announced that, based on initial finances provided by the selling party, the 11 convenience store locations are currently producing in excess of $15 Million Annually in combined revenue and well over $1 Million in profits.
Clarence Parks, President of First Colombia Gold Corp stated, "This is a giant step forward for our company and has the potential to significantly add to our revenue and income. We are very optimistic that this opportunity will create massive value for our shareholders."
Investor Inquiries:
Website: www.firstcolombiagold.com
Email: info@firstcolombiagold.com
Facebook: http://www.facebook.com/FirstColombiaGold
About First Colombia Gold Corp
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 asset values and cash flow through leverage to improved operational efficiency and development.
Forward-Looking Statements:
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, raising working capital and securing other financing; responding to competition and other risks. Actual results may differ materially from such forward-looking statements.
Jason Castenir, Chief Executive Officer of First Colombia Gold Corp stated, "Our board has been aggressively looking to diversify our operations and find additional revenue streams for the company. This acquisition is a perfect fit. We have already secured the financing necessary to close on these convenience stores and are anticipating taking over operations by mid to late September."
First Colombia Gold also announced that, based on initial finances provided by the selling party, the 11 convenience store locations are currently producing in excess of $15 Million Annually in combined revenue and well over $1 Million in profits.
Clarence Parks, President of First Colombia Gold Corp stated, "This is a giant step forward for our company and has the potential to significantly add to our revenue and income. We are very optimistic that this opportunity will create massive value for our shareholders."
Investor Inquiries:
Website: www.firstcolombiagold.com
Email: info@firstcolombiagold.com
Facebook: http://www.facebook.com/FirstColombiaGold
About First Colombia Gold Corp
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 asset values and cash flow through leverage to improved operational efficiency and development.
Forward-Looking Statements:
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, raising working capital and securing other financing; responding to competition and other risks. Actual results may differ materially from such forward-looking statements.