NASHVILLE, TN / CRWEPRESSRELEASE / September 16, 2015 / First Colombia Gold Corp (OTCMKTS:FCGD) announced today that construction has started on its first Maryland Fried Chicken location. Located within the Shoppes at Winder Station in Winder, Georgia, this location will be a 1,500 square foot restaurant located within this brand new shopping complex.
The franchise, Maryland Fried Chicken, which was acquired by First Colombia Gold and announced in April, will be the first of five initial locations to be opened by the company. The other four locations, scheduled to open by the end of the year, will all be located within the convenience stores that the company is in the process of acquiring. These convenience stores are expected to close at the beginning of the fourth quarter. Jason Castenir, CEO of First Colombia Gold stated, “We are very excited to have this location under construction and we are anxious to get it up and running. Our team has been working very hard on getting these recent acquisitions fully integrated into the company. Once these acquisitions are finalized, we anticipate that they will perform as expected and generate earnings for the company.”
Mr. Clarence Parks, president of First Colombia Gold, stated, “This is just the beginning of what we feel will be a very successful business for our company. With the performance of the convenience stores and the quick serve restaurants, we are very optimistic about our revenue over the next year.”
Since First Colombia Gold first acquired Triangle Restaurant Group, it has been looking for creative ways to work the Quick-Serve Restaurant concept into the larger business model. After signing the letter of intent to acquire 11 convenience stores, First Colombia Gold announced its plan to integrate the two business models in order to become a large-scale operator of convenience stores, travel centers, and quick-serve restaurants.
In addition to these announcements, the company also announced that it has updated its social media content and rebranded the company in order to better align with its business model. Included in this redesign are new logos for the company, a new web address and new phone numbers.
This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect,” “plan,” “predict,” “may,” “should,” “will,” “can,” the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of First Colombia Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company’s filings with the SEC including 10K, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company’s due diligence on the potential acquisition of oil and gas assets will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in oil prices would affect the potential profitability of the proposed acquisition negatively.
SOURCE: First Colombia Gold Corp.