Followers | 3 |
Posts | 67 |
Boards Moderated | 0 |
Alias Born | 10/30/2014 |
Friday, August 21, 2015 2:56:39 PM
First Colombia Gold Corp Announces the Acquisition of Enterprise Partners, INC.; LOI to Acquire 11 Gas Stations and Convenience Stores
Jul 28, 2015 (ACCESSWIRE via COMTEX) -- NASHVILLE, TN / ACCESSWIRE / July 28, 2015 / First Colombia Gold Corp. (otcpink:FCGD) (http://www.firstcolombiagold.com) announced today that the company is acquiring 100% interest in Enterprise Partners, Inc., which includes its current assets as well as all acquisition contracts the company has in place. Enterprise Partners currently has agreements in place to acquire 11 operating convenience stores in Alabama as well as a commercial fuel facility in North Carolina.
Jason Castenir, Chief Executive Officer of First Colombia Gold Corp stated, "Our board has been aggressively looking to diversify our operations and find additional revenue streams for the company. This acquisition is a perfect fit. We have already secured the financing necessary to close on these convenience stores and are anticipating taking over operations by mid to late September."
First Colombia Gold also announced that, based on initial finances provided by the selling party, the 11 convenience store locations are currently producing in excess of $15 Million Annually in combined revenue and well over $1 Million in profits.
Clarence Parks, President of First Colombia Gold Corp stated, "This is a giant step forward for our company and has the potential to significantly add to our revenue and income. We are very optimistic that this opportunity will create massive value for our shareholders."
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM