AGCZ Andes Gold Corp (CE)

BOCA RATON, FL--(Marketwired - Apr 22, 2014) - Andes Gold Corporation (PINKSHEETS: AGCZ), a gold mining and milling company with operations in Ecuador and Peru, today released its first Quarter results for the three (3) month Period ending March 31, 2014. The Company increased production and profits in the first quarter.

Revenue for the first quarter ended March 31, 2014 was $2,057,541 versus $1,391,923 last year. This is an increase of $665,618 (47.8%). The net profit for the three (3) month period ended March 31, 2014 was $438,409 versus $273,236 last year, an increase of $165,173 (60%). The financial results for the first quarter of 2014 show that the Company is in position to exceed the total revenue of $6,732,311 and net profits of $1,400,180 obtained in 2013.

The Company is continuing to increase revenue and profits through increased production, increased contract milling and use of portable concentrators. The Company projects significant increases in both revenue and profits in 2014. The Company continues to increase the capacity of its operations.

Andes Gold Corporation trades in the United States on the OTC Pink under the symbol "AGCZ." For further information, please contact the Company at (561) 210 8496 or www.andesgoldmine.com or investors can find real time quotes and market information for the Company on www.otcmarkets.com.

NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and Andes's ability to meet current and future plans. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. Andes Gold is not obligated to publicly release revisions to any forward- looking statement, to reflect events or circumstances afterward or to disclose unanticipated occurrences except as required under applicable law.

Andes Gold Corporation

Andes Gold Corporation (561) 210 8496 www.andesgoldmine.com

Andes Gold (CE) (USOTC:AGCZ)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024

Andes Gold (CE) (USOTC:AGCZ)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024