Andes Gold Corp. CEO Discusses Investor Relations and Provides Update on Financial Statement Filings
(firmenpresse) - BOCA RATON, FL -- (Marketwire) -- 03/23/12 -- Andes Gold Corp. (OTCQB: AGCZ) (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, Chief Executive Officer Robert Talbot, today commented on the company's goal to enhance shareholder communications as the company expands operations.
Mr. Talbot, commented, "The past several months have been critical in the development of a growing mining company such as Andes Gold. With skyrocketing gold prices, competition in our field has been intense. While we understand and appreciate the need to keep our investors up to date with our business, it has been more prudent to keep our operations and plans closely guarded. With that being said, we are now secure in our positions such that we believe it appropriate to implement a program that provides investors with greater insight into our operations. We appreciate the patience everyone has shown and are committed to a program of regular and consistent communication."
In addition to regular press releases, the company will soon launch an investor-friendly website and begin sending out an opt-in newsletter, the combination of which should provide shareholders with ample information to gauge our progress and share in our vision for the company's future.
Mr. Talbot also addressed the December 31, 2011 year end financial statements, adding, "We recognize that shareholders rely on the timely and accurate dissemination of financial information to make their investment decisions and we are committed to filing our financial reports in accordance with the regulatory requirements. We will be filing our December 31 year-end financial report on March 30th, with subsequent quarterly reports filed within 45 days of quarter end."
Andes Gold engages in mining and milling gold and silver in Ecuador. The company is currently producing on concessions located in the cantons of Zaruma and Portovelo, province of El Oro, southern Ecuador. These concessions are producing gold and silver which is being processed in a company-owned mill.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause actual results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include product demand, market competition, and Andes Gold's ability to meet current or future plans. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. Andes is not obliged to publicly release revisions to any forward-looking statement, to reflect events or circumstances afterward, or to disclose unanticipated occurrences, except as required under applicable laws.
Andes Gold Corporation
561-210-8496
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Datum: 23.03.2012 - 16:53 Uhr
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News-ID 127953
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