Monday, December 15, 2014 1:08:45 PM
Universal Apparel Company, a subsidiary of Drake Gold Resources Inc. (DKGR:OTC), provides another Production and Corporate Update.
Universal Apparel Company, a Drake Gold Resources Inc. (DKGR:OTC) subsidiary, is pleased to announce that it has successfully completed and shipped out from our Bangladeshi factory several containers of merchandise consisting of T-shirts, Polo Shirts, Thermals and Cargo Pants. Universal Apparel’s factories are also working diligently to complete and ship out several remaining containers before the end of the year. Consequently, the total number of containers that Universal Apparel is expected to ship out from its factories in the month of December will be six. The wholesale value of this merchandise is in excess of $600,000 with retail value over $1,000,000.
Mr. Kabir, newly appointed CEO of Drake Gold Resources Inc. (DKGR:OTC), states,” I am very excited about the production speed of out factories in Bangladesh. These containers will begin arriving in the USA in the first week of January which is a precursor to a successful year.”
On another note, Drake Gold has made progress with FINRA with respect to the previously announced, name change. We are preparing the documents necessary to meet FINRA’s requirement for completion of this change.
Updates will be forthcoming.
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