Pacific Gold Corp fka PCFG

[rmarc]

TORONTO, ONTARIO--(Marketwired - Jul 9, 2013) - Pacific Gold Corp. (PCFG)(PCFG).

"Pacific Gold Corp. announced today that Pilot Metals has agreed to an early exercise of its option to purchase the Project W claims.

As part of the decision to exercise the purchase option, the Company and Pilot Metals have agreed to amend the purchase terms from 3 payments of $500,000 each in September 2013, 2014 and 2015 to two payments, the first being $350,000, which was paid on July 5, 2013 and a further payment of $850,000 due on March 31, 2014. Ownership of the Project W claims has now been transferred to Pilot Metals".

Notice that the Landau/Geilser criminal team reduced the purchase price $300,000.