Gold Coast’s Signs Term Sheet with Colorado Grow Operator

WILTON, CT / ACCESSWIRE / September 10, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM), provides update on its Colorado activities.

Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is excited to announce that the Company has signed the first of several term sheets with the operator of a medical marijuana grow facility. The facility is in Yampa, CO which is in Routt County.

Versus some of the other pending transactions using a real estate purchase/lease transaction, this deal is structured such that Gold Coast will be providing consulting services to the operator in return for compensation. Additionally, Gold Coast will received the option to acquire/lease an adjoining 7,400 sq. ft. grow facility located on the property when its current lease expires in late 2015. Final documentation is currently being drafted.

CEO Michael Shea commented, "I am pleased to have secured the first transaction, and the option for the 7,400 sq. ft. facility is very attractive. As importantly, this legal structure provides Gold Coast with a separate revenue segment derived from being a Consultant to grow operators. I expect this deal to close within a week, and continue to work to finalize the other deals".

The o/s remains unchanged from previously reported.

ABOUT GOLD COAST MINING

Gold Coast Mining Corp. is a holding company with interests in the MJ industry. The Company's goal is create a vertically integrated company and continue its diversification into other high growth industries. The primary goal is generate cash flow to sustain and grow profitability.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.

Contact Info:

Michael Shea

CEO

Gold Coast Mining Corp.

(203) 210-5614

Michael.shea@gdsmholdings.com

http://www.gdsmholdings.com

http://www.mj-xchange.com

http://www.mj-merchant.com

http://420concept.com

SOURCE: Gold Coast Mining Corp.

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