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First Colombia Gold to Acquire Convenience Stores in Alabama

09.09.2015  |  Accesswire
NASHVILLE, TN / ACCESSWIRE / September 9, 2015 / First Colombia Gold Corp announced today that it has acquired Enterprise Partners, Inc, and is in possession of final contracts to acquire 11 convenience stores in Alabama.

Triangle Restaurant Group was acquired by First Colombia Gold Corp in April. The company is pursuing opportunities of incorporating the Quick-Serve Restaurant operations under the Triangle Restaurant Group banner.

Jason Castenir, CEO of First Colombia Gold Corp. stated, "The Company has been looking for creative ways to work the Quick-Serve Restaurant concept into our business model. This is the unveiling of that strategy, one that we believe will become highly profitable for the company."

Mr. Pete Iodice, president of Triangle Restaurant Group, stated, "We are very excited about this acquisition. These convenience stores will allow Triangle Restaurant Group and First Colombia Gold to expand operations in ways never seen before in this company. Four of these stores are prime targets for the operation of our Maryland Fried Chicken franchises, and with these multiple revenue streams in place, we should be able to expand operations quickly."

Mr. Castenir added, "With thirty-plus years of experience in owning and operating convenience stores, Mr. Iodice brings a wealth of knowledge to the company. His expertise has helped make this acquisition a reality, and we applaud him for his efforts and are very excited to have him a part of First Colombia Gold."



Investor Inquiries:

Website: www.firstcolombiagold.com
Email: info@firstcolombiagold.com
Facebook: http://www.facebook.com/FirstColombiaGold


Disclaimer: This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of First Colombia Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10K, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the potential acquisition of oil and gas assets will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in oil prices would affect the potential profitability of the proposed acquisition negatively. ​
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