NEW YORK, July 30, 2013 /PRNewswire/ -- Brazil Gold Corp.
(OTC: BRZG) announces today that it has acquired twenty percent of
FAL Minerals LLC, a Gold mining and exploration company.
Pursuant to the agreement with FAL Minerals, the Company will
receive fifteen percent of all royalty payments received by FAL
Minerals in the exploration of a certain parcel of land in
Alabama. FAL Minerals has a Mineral Lease Agreement for the
exploration for and production, ownership, possession and
transportation of discovered minerals on approximately 17 acres of
land in Alabama.
Conrad Huss, CEO of Brazil Gold
commented, "We feel this is an extraordinary opportunity for the
Company. Being able to partner with an established
exploration company like FAL Minerals is a fantastic step in the
ongoing growth of our Company as a precious metal exploration
company. We look forward to working with FAL Minerals on this
and other opportunities."
Forward Looking Statements
Certain statements in this
news release may contain forward-looking information within the
meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the
safe harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Technical complications, which may arise, could
prevent the prompt implementation of any strategically significant
plan(s) outlined above. The Company undertakes no duty to revise or
update any forward- looking statements to reflect events or
circumstances after the date of this release.
SOURCE Brazil Gold Corp.