Merger of Pacific Gold Corp and Pilot Mountain Resources, Inc.
October 01 2013 - 2:06PM
Marketwired
Pacific Gold Corp. (OTCQB:PCFG)(PINKSHEETS:PCFG) -
Pacific Gold Corp. 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.
Contacts: Pacific Gold Corp. 416-214-1483
www.pacificgoldcorp.com