/C O R R E C T I O N from Source - Pacific Gold Corp./
March 04 2009 - 11:32AM
PR Newswire (US)
In TO316, "Pacific Gold Corp. - Yorkville Debt Agreement",
transmitted at 10:21e today, the third paragraph has been changed.
Full corrected copy follows: TORONTO, March 4
/PRNewswire-FirstCall/ -- Pacific Gold Corp. (OTCBB: PCFG)
announced today that it has entered into an extension agreement
with Yorkville Advisors regarding the convertible notes that were
due on February 26th, 2009. The extension agreement calls for the
Maturity date of the notes to be extended to April 20th, 2009. As
of March 3rd, the remaining principal balance on the notes is
approximately $101,887. To find out more about Pacific Gold Corp.
(OTCBB: PCFG), visit the Company's website at
http://www.pacificgoldcorp.com/. Or contact the Company directly at
416-214-1483. About the Company Pacific Gold Corp.'s business plan
provides for the acquisition and development of production-ready
and in-production mining operations. The company is focused on
alluvial gold and base metals operations located in western North
America. Pacific Gold Corp. owns five operating subsidiaries:
Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black
Rock Canyon gold mine, located in north-central Nevada; Pilot
Mountain Resources Inc. ("Pilot Mountain") owns Project W, a large
tungsten based deposit in Nevada; Fernley Gold, Inc. ("Fernley
Gold") acquired exclusive lease rights to mine the Lower Olinghouse
Placers in north-western Nevada; Oregon Gold, Inc. ("Oregon Gold")
owns the Bear Bench claims and Defiance mine, located in
south-western Oregon; and Pacific Metals Corp. ("Pacific Metals")
owns 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 2008
and beyond, to differ materially from those expressed in, or
implied by, these forward-looking statements. DATASOURCE: Pacific
Gold Corp. CONTACT: To find out more about Pacific Gold Corp.
(OTCBB: PCFG), visit the Company's website at
http://www.pacificgoldcorp.com/. Or contact the Company directly at
(416) 214-1483
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