DGRI News Dutch Gold Announces First Quarter 2012 Conference Call

2012-03-15 11:33 ET - News Release

ATLANTA, GA -- (MARKET WIRE) -- 03/15/12

Dutch Gold Resources, Inc. (OTCQB: DGRI) (PINKSHEETS: DGRI) (the "Company") will host a conference call at 11 AM EST on March 22, 2012. Daniel Hollis, Chairman and CEO; Rauno Perttu, Vice Chairman and COO; and Thomas Leahey, Chief Financial Officer of Dutch Gold Resources, Inc. will conduct the discussion.
 
The Call can be accessed by calling: (712) 432-1001 (U.S. and International callers) and entering access number 492518080#. The call will be recorded and may be accessed by using the same dial in number and access code one hour after the call. A webcast will also be archived on the Company's website and a telephone replay of the call will be available through midnight, May 22, 2012, using the same dial-in instructions.
 
The Company will update all aspects of business development, capital formation and structure, and its plans for the balance of 2012.
 
As part of a restructuring agreement with the Company's convertible debt holders, Dutch Gold will file an Information Statement today, to increase the number of authorized shares. The convertible note holders require that the Company reserve more than three times the number of shares that would be required if all of there debt was converted. At the present time, it is unlikely that the Company would issue these excess shares in toto. Further, the Company is exploring other options to resolve these notes. This matter will be a topic of discussion during the upcoming conference call, as we review the overall capital structure of the Company and its development plans for 2012 and beyond.