MARINA DEL REY, CA, Dec. 13, 2016 (GLOBE NEWSWIRE) -- Buscar Company, Inc. (OTC: CGLD) announced today that on December 12, 2016, the Company executed an agreement to stud its mare Sweet Dreams to Tapit during the 2017 breeding season. Sweet Dream is currently pregnant and expected to give birth in March 2017. The Company expects to sell her offspring as a weanling at the 2017 November sale and stud her to Tapit in March 2017.
Tapit, currently the leading North American sire with 14 graded stakes winners and 5 Grade 1 stakes winner, for the third consecutive season, has broken his own North American single-season progeny earnings record of $18,848,029. Tapit ranks #1 in the United States and #2 in the world for average price of weanlings sold in 2016. Tapit’s average weanling sold for $692,000 and mares sold in foal to Tapit sold for an average of $1,700,000 in 2016.
Tapit was also represented by 31 yearlings at the 2016 Keeneland Yearling sale which sold for an average price of $639,839. Among those sold, four brought more than $1 million and 19 brought $500,000 or more. Tapit's top seller sold for $2 million. With his commercial demand still at a peak, Tapit will again command an advertised fee of $300,000 for the 2017 season.
About Buscar Company. The Company is engaged in the buying, selling and racing of thoroughbreds. The Company’s focus is acquiring thoroughbreds that can race in the allowance and stakes level of thoroughbred racing; however, the Company will initially begin acquiring thoroughbreds in the claiming level of thoroughbred racing. More information can be found at www.buscarcompany.com .
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
Contact: Buscar Company info@buscarcompany.com (661) 418-7842
