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Monday, 07/10/2017 11:00:05 AM

Monday, July 10, 2017 11:00:05 AM

Post# of 5282
$GLLK NEWS

Gold Lakes Corp Removes $480,000 of Debt from Balance Sheet

Beachwood, Ohio, July 10, 2017 (GLOBE NEWSWIRE) -- Gold Lakes Corp., (the “Company”) (OTC PINK: GLLK) an exploration stage Blue-Sky company that specializes in acquiring and developing mining assets today announced that it has retired all its convertible notes taken from July thru November 2016 thru issuances of shares in a strong effort to reenergize its balance sheet.

"With these transactions we have removed $480,000 of debt from the balance sheet, thus strengthening our financial position. This will be very important as we pursue additional funding opportunities and work towards uplisting back to the OTCQB Market," Mr. Vallos, CEO of Gold Lakes Corp concluded.

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