Golden Age Resources, Inc. (GDAR) announces the launch of Golden Age Resources Mexico in Merida, Yucatan, Mexico

PALM BEACH GARDENS, Fla., March 25, 2015 /PRNewswire/ -- Golden Age Resources, Inc. (OTC MARKETS Pink: GDAR) announced today a new subsidiary in Merida, Yucatan, Mexico, and is currently looking for premises to locate a large "Green" energy facility in the city to generate energy as an official renewable energy producer.

Mexico is the world's 17th largest solar producing country.  Currently, Mexico's solar output is expected to increase from its current 60 megawatts to over 350 megawatts in 2015 and plans to become the leading solar producing country in Latin America.  Recent legislation in Mexico allows private firms to produce energy for the state-owned energy industry, a move described as the biggest economic breakthrough in the country in recent years.

Mr. Thomas Wolff, president of GDAR's Mexican Subsidiary, said:  "We are delighted to announce the next step in the development of our company.  The Mexican 'Green' Energy market presents opportunities for proactive companies and we are extremely excited about the growth potential of the new operation in Merida, Yucatan, Mexico."

The Company's Subsidiary in Mexico is being launched to develop solar power within Mexico.  The subsidiary is focusing on creating long term energy production with "Green" energy, solar LED light solutions for government projects and roads, and solar energy systems for corporate and private properties.

A by-product of these Power Purchase Agreements will be reduced energy costs for local homeowners, and small businesses throughout the areas, which we intend to service.

Mr. Terence Byrne, President, CEO, CFO and director of The Company stated: "The selection of Mr. Wolff as the president of The Company's newly formed subsidiary in Mexico is an important step in the development of The Company.  Mr. Wolff, I believe, is a key member of our team as well as a key asset to the growth of The Company."

Golden Age Resources recently announced that it has secured financing from an institutional investor.  The Company plans to expand its wholly owned Subsidiary in Mexico, as well as further develop its presence in the solar energy arena.

About Golden Age Resources, Inc.:

GDAR, organized as a Nevada Company, has re-directed its core business to technology and Latin American and International solar energy markets providing project development, medium and long-term finance solutions and investments into solar energy related projects. This re-direction promises enhanced corporate and shareholder values.

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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