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Dutch Gold Provides Update on Corporate Developments
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ATLANTA, GA / ACCESSWIRE / May 22, 2014 / Dutch Gold Resources, Inc. (DGRI.OTC) (the "Company") (dutchgoldinc.com) today provided a summary of business activity covering the last six weeks.

Since its’ last press release the Company has been active in all three of its major business segments, Merchant Services, Financial Services and Merchant Banking.  Based on current activities, DGRI expects to begin generating revenue early Q3 2014.  The Company expects that it will generate revenue from each of its business segments during third quarter, with growth in each segment Q4 2014 and thereafter.

The Company has been aggressive in its’ efforts to strengthen its’ balance sheet and expects to have significantly mitigated existing liabilities by the end of Q3 2014.

DGRI has begun recruiting new directors to its Board and expects to have a Board of Directors that is meets the qualification standards for a National Market Listing by the end of Q3 2014.

Special counsel has been retained and is interacting with the Depository Trust Corporation.   We have filed approximately one thousand pages of documentation as to the matter of the "Chill" and expect some movement on this matter over the next six weeks.

The Company has retained inside accounting services who are coordinating with the former auditors of the Company to bring the Company current in its reporting with the Securities and Exchange Commission.  We expect to file an 8K appointing new auditors prior to month end, with the submission of our accounting and audit books to them prior to the end of Q2 2014.

DGRI has expanded its outreach to the MMJ sector in the Financial Services and Merchant Banking.  These business segments are receiving multiple inquiries from companies looking for financing every week.  We are currently evaluating a dozen such opportunities and believe that two transactions will be consummated between June and July of 2014, with generating both fee income and equity build up to DGRI.  One of the transactions will provide the basis for a dividend announcement prior to the end of Q2.

Daniel Hollis, CEO of the Company noted, "We appreciate the trust that our shareholders have placed in DGRI.  We are moving from concept stage to implementation and are enthusiastic about our near term prospects.  To better inform our constituencies, we are retaining CannabisFN (www.CannabisFN.com) to build out a new website, to develop and manage our communications in the MMJ sector, and to advise us as to strategic development."