Buscar Company (CGLD)

[OTC_Buyer]

Buscar Company Files For 50% Reduction In Authorized Shares
Source: InvestorsHub NewsWire

DENVER, CO -- July 7, 2020 -- InvestorsHub NewsWire -- Buscar Company, Inc. (OTC: CGLD) announced today that the number of Authorized Shares for the company will be reduced by 50 percent to 250M shares.
Buscar Company President Thomas W. Heathman stated, "As we build out our infrastructure, we do so with an eye on the long term strategy of the company. As we look out for the foreseeable future, we see no advantage to keeping the authorized share count so high. We are close to determining the number of shares to be issued to all new officers and directors and a 250 million authorized share count will be more than enough to cover the shares being issued. Today we filed with the Nevada Secretary of State to make this change."
Buscar Company recently announced the acquisition of Eon Discovery, a mining operation that holds the rights to the Treasure Canyon Mining claims located in Plumas County, California. More information on the 200 acre property, maps, drawings, assays and an appraisal of the mineral reserves can all be found at the company website, https://BuscarCompany.com. ;
Mr. Heathman finished up with, "All new shares should be issued to officers and directors by the end of this month and will be updated accordingly at OTCMarkets.com. As previously stated, all new shares will have a two year hold and in response to a recent question asked by one of our shareholders, there are no shares available to be sold into the market by the company even if we wanted to. On the day of issuance, the total number of shares available to the public will be the same as today; 3,254,916 free trading shares. We have much more to share with you in the coming weeks and I look forward to speaking with you again soon."

https://www.otcmarkets.com/stock/CGLD/news/story?e&id=1639047


BUSCAR COMPANY UPDATE

DENVER, July 1, 2020 /PRNewswire/ -- Buscar Company, Inc. (OTC: CGLD) announced details today related to the recent acquisition of Eon Discovery.
New Buscar Company, President Thomas W. Heathman stated, "In the next few weeks, we will be taking a few steps to shore up some of the administrative aspects of the company and I would like to share those with you at this time. Everything covered here today is being done in the best interest of existing and future shareholders of Buscar Company, Inc."

1. Our objective is to reach mining status as soon as possible. The filing of our "Plan of Operations" takes precedence over everything else at this point. It is being finalized and is expected to be filed shortly. Please note that this filing is not being done as a new Plan of Operations, but instead is a continuance of a Plan of Operations that was approved in years past.

2. We fully expect to reach "Current" status at OTCMarkets.com in the coming weeks and that is our second priority in the short term.

3. Our intermediate term objective is to move to OTCQX status at the appropriate time, so let me put that objective together for you here in a logical thought process that is relatable. Buscar is a non-reporting company. There is no advantage to us to change that status. In fact, you can hold QX status as a non-reporting entity. As a non-reporting company, all new shares issued to new officers and directors, including me will have a two year hold. Beyond that two years, we plan to incentivize all shareholders in a unique way that encourages long term ownership. There are approximately 3.2M shares in the float. On the day that we issue the new restricted shares to lock in majority ownership as part of the reverse merger, the float will still be 3.2M shares.

4. All former officers and directors of CGLD have resigned their positions in conjunction with the EON team being added in their place.

Mr. Heathman finished up with, "We want to thank you for your support as we work through all of the above and we look forward to covering more details with you soon. In the interim, we have created a Forum/Discussion board on our website. From time to time there may be topics of discussion that do not warrant a press release, but we'd like to share with you in a timely manner. Feel free to join the Forum to remain fully up to date."

https://www.prnewswire.com/news-releases/buscar-company-provides-acquisition-update-301086369.html

Buscar Company Finalizes Acquisition and Reverse Merger of EON Discovery

DENVER, June 26, 2020 /PRNewswire/ -- Buscar Company (OTC: CGLD) announced today that the acquisition of Eon Discovery has been finalized. Eon Discovery is now a wholly owned subsidiary of holding company, Buscar Company. Also, as of today, the President, CEO and CFO of Eon Discovery have assumed the same three positions respectively in Buscar Company. President Thomas W. Heathman stated, "We are thrilled with this agreement as it aligns perfectly with our team's long term vision. We can now hit the ground running with no debt, cash in the bank and documented mineral reserves in the billions. Combine that with a solid team of officers, directors and our mining crew and we are now set up for success. From here it's simply a matter of executing our plan which has been years in the making. Please note that a "Plan of Operations" is being filed in the next few days in order to move the process forward."

https://www.otcmarkets.com/stock/CGLD/news/story?e&id=1632903


Share Structure
Market Cap
7,286,649
07/06/2020

Authorized Shares
500,000,000
06/04/2020

Outstanding Shares
18,681,321
06/04/2020

Restricted
Not Available

Unrestricted
Not Available

Held at DTC
Not Available

Float
3,254,916
06/08/2020

https://www.otcmarkets.com/stock/CGLD/