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OTC Disclosure & News Service

 

South American Gold Addresses Company’s Forward Direction

Jun 12, 2017

OTC Disclosure & News Service

Las Vegas, NV -

South American Gold Corp (OTC: SAGD) is proud to release this official corporate statement on the direction and activities of the Company:

SAGD has, in recent news, released information regarding activities of the company which do not directly relate to the cannabis industry; for example, the acquisitions of the SmartLicensee system and Rehaba.

South American Golds recent release are in direct alignment with the companys vision of the future as structured internally with the appointment of the new President in February of this year.

SAGD hereby releases the following statement, from its President, for the purpose of understanding the new corporate direction:

First, Let me assure you that these recent announcements do not take away from our present developing cannabis platforms, including PotCircles, WeedFeed, and cNation.

When I first came aboard at SAGD I expressed to the Company leadership my desire to continuously add new dimensions and opportunities to the SAGD portfolio.  We call this concept Discipline through Diversity. We agreed to evolve SAGD in this manner to create additional shareholder value. 

Why Discipline through Diversity? First, without proper discipline we do not believe anything can be successful. And second, Diversity is a way to protect value when there are downturns in certain markets.

These recent announcements and some of the upcoming announcements have been in the works behind the scenes for up to the last nine months.  We have vetted these opportunities to the best of our ability to make sure they truly fit with our vision for the Company.

In sum, the actions we are taking and will take in the near future are all strategic in nature which we have known about internally since I came aboard. I look forward to providing you more updates through this great process.

This is going to be exciting!

Thank you for your interest and support of SAGD. David Reeves, President, SAGD

 

SAGDs official corporate site http://www.sagdcorp.co, is continually maintained and updated for the purpose of providing the public with informational links on corporate activities.

Corporate Website: www.sagdcorp.co

Media contact: info@sagdcorp.co

General contact: info@sagdcorp.co

About SAGD: South American Gold Corp is a publicly traded company on the OTC under the symbol SAGD, focused on value added projects for the purpose of growth.

Disclaimer: 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," "looks," "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 may incorporate by reference the Company's 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 projects and/or acquisitions will be favorable nor that definitive terms can be negotiated. Investors should consult their financial advisor before making an investment in a company.

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