Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE Gold Dragon Capital Management Ltd.
PANAMA CITY, Panama, Oct. 28, 2013 /CNW/ -
Guillermo Cruz, President respectfully reports:
Please be advised that Gold Dragon holds 100% of the contractual rights of the Belencillo Property Concessions, including the Palmilla Deposit (known as File 99-50 at the Mineral Resources Department of Panama). PTQ.TO has contractual rights to 17% to 20% of Gold Dragon's stock by the way of an Option/JV Agreement dated May 6, 2005 signed with PTQ.TO. This can be verified by reading various Annual Reports from PTQ filed in EDGAR and SEDAR.
Gold Dragon advises that it does not agree to any contractual pledging, hypothecating, or sale of any rights of the Belencillo Property Concessions, including the Palmilla Deposit or the Rio Petaquilla Property Concessions (File 2003-31). PTQ.TO has been notified that any financings are precluded from use of these concessions without the written consent of Gold Dragon.
©2012 PR Newswire. All Rights Reserved.