$DKGR>>>Current Dealings and Contract Info!!!
Drake's majority shareholder has been adamant that a man like Matousek at the helm is valuable, stating, "He is indispensable and has already achieved, in the last 60 days, more than previous management has in the last 5 years; all in the name of company growth and building shareholder value."
In less than 60 days as CEO, Matousek has ensured the company:
-- Is current with the Nevada Secretary of State, after years of non-compliance by previous management.
-- Is current with the company's transfer agent.
-- Is in possession of recovered material proprietary information.
-- Has secured key individuals to foster the company toward exponential growth. The company continues to attract strategic alliances toward expedited growth.
-- Has negotiated an amendment of Pennsylvania lease agreements to ensure what will become an additional 50% working interest in target leases toward the goal of owning the particular lease outright. A copy of the amended agreement will be posted to the company's website this week.
-- Has implemented a much-needed 'rumor free' information source via official website and press release, with each dissemination reviewed by counsel prior to release. As well, the company is currently working to fulfill obligations necessary to achieve OTC Pink Current Information Tier as rated by www.otcmarkets.com
-- Has initiated a policy in place with shareholders to operate in the present and in what is to come. The company will NOT go out of its way to rationalize on behalf of what it feels to be poisonous persons and/or elements that were previously engaged in the company.
-- Further, its 'No Tolerance' policy "has ensured that such elements and persons have been completely removed from the company and its operations so as not to further distract us from our imminent project flow, near term revenues and long-term growth," states Matousek.
Matousek further notes, "I am working diligently to move the company forward, to reach its full potential; working aggressively to create a debt free company by end of Q1 2013. Nobody else in the last nine year history of the company has accomplished what we have. In addition we have some exciting updates to share on secured transactions and negotiations underway."
On that note, the company is also closing a significant transaction with streamlined energy producer, Parker Technologies Inc. (www.parkertechnologiesinc.com), to be detailed and finalized in the coming days.
JOINT VENTURE WITH A COMPANY SOON TO BE PUBLIC>>> Drake Gold Resources Inc. (OTC:DKGR), a natural resources company with a focus in oil and gas, announces today that its joint venture with Parker Technologies (www.parkertechnologiesinc.com) has finalized a 40 acre working interest for shallow rights on up to 750 acres of resource rich land in Southwest Texas.
Quote:Parker Tech President and co-founder, Harald van der Kam, states: "I welcome Drake as both a joint-venture partner and as a stakeholder in our company. Shareholders of both companies will benefit from this transaction." Parker is currently underway with plans to go public in the near future.
The JV allows us to expedite our initiatives for near-term revenues and long-term growth with mitigated risk and resource conservation all the while. Once Parker has finalized negotiations to go public, we will post our joint venture and stakeholder agreement on our official website
www.drakegold.com
Myers Lease in Pennsylvania Update. Production to start very shortly!!
Quote:"Our operator has purchased pump jack motors, oil tanks and water tanks to replace substandard hardware. These are currently being installed to both abide by DEP rules and to maximize potential in terms of production output and revenues
Quote:The company is confident the new initiative will result in all-time record operating revenues for Drake Gold Resources in 2013.
Signed Agreements Link CHECK IT OUT!! Page 13 starts the Meyers lease and a detailed contract with Parker Technol