6 WEEKS NO NEWS - VERY ODD CONSIDERING IN THE PRVEIOUS 11 MONTHS THEY ISSUED 90 nRS, 2 A WEKK TO NONE IN 6 WEEKS. These hermit crabs have abondoned this shell.
this is last news.
2009-03-13 13:54 AT - News Release
NEW YORK, NY -- (MARKET WIRE) -- 03/13/09
Hunt Gold Corporation (PINKSHEETS: HGLC) wishes to assure its stockholders that it is very aware that two "key issues" need to be addressed:
1. CORPORATE WEB SITE:
The Company together with its IR Firm, MDM Worldwide Solutions, Inc., intends to get this web site "live" and now. Once "live," we will continue to update this site and provide more data on an ongoing basis. This will enable stockholders to accurately analyze our Company, a situation which they are not in a position to do due to the unacceptable situation of having no Corporate web site.
2. OUSTANDING STOCK DIVIDENDS:
On February 12, 2009, we stated, "Your Company's Management is dealing with all outstanding issues at this time, in particular, the Stock Dividend payment which has been delayed by third parties and their professional advisors, a situation which is beyond your Company's control. We expect to have these issues resolved in due course and will issue a detailed and accurate Statement in respect of all of these issues once your Company's Management is in possession of all the verifiable facts from all of the third parties involved in these various transactions. Your Company's Management has elected to take the prudent and sensible approach which is designed to take the pressure off these third parties who will be responsible for the payment of these Stock Dividends. This approach by your Company's Management was decided upon in order to avoid any costly and time consuming mistakes being made in this Stock Dividend distribution, a situation which would not be in our stockholders best interests."
As of today, the Company is in advanced discussions with the purchasers of "American Molygold." These discussions involving restrictions on shares being distributed to our stockholders and various other scenarios proposed to us by external advisors to the Company, if successful, will resolve this issue for everybody's benefit and interests.
Hunt Gold Corporation's Management has been extremely busy with the tremendous growth of the Company, its acquisitions, exploration, drilling and the release of initial Assay Results. We have continually updated our stockholders through Announcements; however despite all of this, we realize that the Corporate web site must go "live" in order for investors to "get the entire picture" of their Company and its prospects based upon all the successful activities over the past few months.
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