SOURCE: Dutch Gold Resources

September 11, 2014 09:14 ET

Dutch Gold Updates Shareholders on Corporate Matters; Company Completes Internal Accounting, to Appoint Auditor

ATLANTA, GA--(Marketwired - Sep 11, 2014) -  Dutch Gold Resources, Inc. (PINKSHEETS: DGRI) (the "Company") (http://dutchgoldinc.com) today announced that it has completed its internal accounting for the periods through December 31, 2013, in preparation for submission to auditors. In the continuing process to return to full reporting status with the Securities and Exchange Commission, the Company will appoint a new auditor on September 15, 2014, and it will submit audit workbooks to the new auditor immediately thereafter.

The Company expects that it will have audited financial statements by mid-October 2014 and return to fully reporting status with the Securities and Exchange Commission.

On April 16, 2014, the Company appointed Capitol Law LLC of Washington, DC to assist us in the resolution of the "chill" placed on DGRI stock by the Depository Trust Corporation. Capitol Law has over twenty years experience working with the DTC. Discussions are ongoing. The Company believes that its return to fully reporting status will be beneficial in its efforts to have the "chill" removed.

Once the Company has returned to current reporting status with the Securities and Exchange Commission, it intends to submit a name change to reflect the current focus of the Company.

Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Dutch Gold Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

Contact Information

  • For further information, please see:
    www.DutchGoldInc.com
    Daniel Hollis
    CEO
    Dutch Gold Resources, Inc.
    404-981-7424