Golden Age Resources, Inc. (GDAR) announces it has secured financing and plans expansion
PALM BEACH GARDENS, Fla., Feb. 10, 2015 /PRNewswire/ -- On FEBRUARY 09, 2015, Golden Age Resources, Inc. (OTC Pink: GDAR) announced that it has secured financing from an institutional investor. The Company plans to expand its wholly owned subsidiary (ACG International Equity Services, Inc.) as well as further develop its presence in the solar energy arena.
ACG has an extensive database of associations and other financial/ legal services which provide a foundation of products and consulting/ advisory services to micro and small cap companies in both the private and public sector. ACG recognizes the ever changing regulatory rules as well as the constant pressures to obtain financing and has provided a defined market of services which are in demand.
GDAR also takes great pleasure in announcing that it has finalized an agreement with a Mexican company to form a subsidiary that will be controlled by GDAR which will develop solar power within Mexico. The subsidiary will focus on business development with regional customers by providing medium and long-term funding solutions, as well as provide project development for solar energy related projects.
Recently, the President of Mexico, Mr. Enrique Pena Nieto, signed into law "New Energy Reforms," which addresses the need to provide more solar energy for the commercial and residential markets within Mexico. As a result, Mexico's solar output is expected to increase from its current 60 megawatts to 350+ megawatts in 2015. Mexico's goal is to become the leader for solar development throughout Latin America. In addition, Mexico has designed and implemented programs and policies to encourage investment without the typical high business risk.
About Golden Age Resources, Inc.
GDAR, organized as a Nevada company, has re-directed its core business to the USA and International Solar Energy Markets providing project development, medium and long-term finance solutions, and investments into solar related projects. To supplement that growth, ACG International Equity Services, Inc. (wholly owned subsidiary of GDAR), provides consulting and advisory services to private and public companies.
Forward Looking Statements: This press release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward looking statements. You should consider these factors in evaluating the statements herein and not rely on such statements. The forward looking statements in this release are made as of the date hereof and Golden Age Resources, Inc. undertakes no obligation to update such statements.
SOURCE Golden Age Resources, Inc.
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