South American Gold Appoints New President and COO
Las Vegas, NV (FSCwire) - South American Gold (OTC: SAGD) is proud to announce today that it has received confirmation of acceptance by David Reeves to lead the company as its new President and COO.
Via recent activities of SAGD and its forward movement in the cannabis industry with the LOI for the acquisition of PotCircles, the company has been given the opportunity to add proven leadership to its executive management team.
Ed Jang, executive director of South American Gold Corp. stated, "We are extremely excited with these new added directions the company has been granted by the continuous help of our shareholders and friends." Mr. Reeves is a well accomplished leader who started his entrepreneurial career when most of the world was only worried about gas money. At the age of 19 he started his entrepreneurial business career. Mr. Reeves has lead and/or owned multiple companies ranging from credit card processing to international trade. Some of his accomplishments start at the age of 20 with acquiring and developing the international right to the National Hunters Association for its official publication "Let's Hunt", spent many years in development, marketing and consulting, co-owned a multi-million dollar contract packaging business with offices on 2 continents, and co-founded a company that sold for a value of over $100 million after only 17 months in business. Now after over 20 years of business Mr. Reeves brings his expertise and connections that can help drive this company to levels we have never seen.
David Reeves, stated, "the company and I have discussed the company's past and present situations, goals, and the future together and we have come to an agreement on where we need to take SAGD. We have together built a plan of action and I believe we will accomplish our goals. The one definite thing I have learned in life is that I am only as good as the people I surround myself with. I am bringing with me to this company an array of knowledge of well accomplished executives, consultants, and friends to call on when needed."
SAGD shall close on the acquisition of PotCircles and the addition of Mr. Reeves to the team by the close of this month.
Mr. Reeves, added, "I have been in direct communications with the development team of PotCircles and we are all set to walk down the same path. The only way to reach our full potential is to make work fun, and this is going to be fun!"
Mr. Jang further commented, "In a world of millennials, SAGD believes Mr. Reeves brings to the company both old school successful executive values and youthful thinking to lead the company towards this new multi-billion dollar young consumer market."
SAGD will continue to inform its shareholders and the public as vital information becomes available.
About SAGD: South American Gold Corp is focused on becoming the premiere provider of value added products and services for the cultivation and processing of legal cannabis for the South American medical and recreational markets with an initial focus on the Uruguayan market.
8275 S. Eastern Ave.
Las Vegas, NV 89123
Phone: (702) 487-9003
This release contains forward-looking statements that are based on beliefs of South American Gold Corp. management and reflect South American 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 South America 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, South American 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 South American 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.
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Source: South American Gold Corp. (OTC Pink:SAGD)
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