FBCD news:
Executed LOI with Dutch Gold Resources, Inc.
2013-05-07 08:00 ET - News Release
Also News Release (U-DGRI) DUTCH GOLD RESOURCES
NEW YORK , May 7, 2013 /PRNewswire/ -- (OTCQB: FBCD) FBC Holding, Inc. would like to update its shareholders on recent events.
FBC Holding announced today that the Company has executed a Letter of Intent with Dutch Gold Resources (OTC Pink: DGRI). Under terms of the agreement the parties will investigate several opportunities which DGRI has identified and developed preliminary business plans. These opportunities are all related to gold mining or gold mining services in Nicaragua . Frank Russo , CEO of FBCD said, "These opportunities appear to be very attractive and DGRI and their staff have completed a great deal of in-depth investigation of the opportunities and establishing the required relationships. We excited to be proceeding to the next step with this as well as our other opportunities."
"We have discovered multiple opportunities to develop in Nicaragua , some with short-term cash flow potential and some with long-range potentially large deposits. Given the extent of the multiple opportunities, we are pleased to bring in other financing sources and are pleased to announce this relationship with FBC Holding, Inc.," said Daniel Hollis , CEO of Dutch Gold.
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Contact FBC Holdings
info@fbcholding.com
SOURCE FBC Holdings
