SOURCE: Gold Coast Mining Corp.

May 07, 2014 10:10 ET

Gold Coast to Launch Merchant Card Services via MJ-Merchant

WILTON, CT--(Marketwired - May 7, 2014) - Gold Coast Mining Corp. (OTC Pink: GDSM) (PINKSHEETS: GDSM) is set to launch another new product offering, MJ-Merchant.

Following up on the tremendous success of MJ-Exchange, Gold Coast is extremely excited to launch MJ-Merchant. Merchant bank card services have long been unavailable to many participants in the MJ industry, particularly dispensaries. Purchases have been in cash, bitcoins, tokens, etc. Gold Coast has broken through this barrier and will now offer merchant bank card services to qualified participants, including dispensaries. These companies will now be able to accept Visa, MasterCard, Discover and American Express.

MJ-Merchant will be live next week and interested companies can apply on-line. As part of Gold Coast's agreement with its financial partner, the Company will participate in the revenues from each established account on an ongoing basis. Additionally, as part of our marketing campaign, the Company will be contacting companies directly.

Michael Shea, CEO stated, "The launch of MJ-Merchant is another avenue for the Company to add revenue and profit. As the industry grows, it needs infrastructure, and I believe we are providing a valuable piece in this offering. I look forward to rolling out additional revenue generating products in the very near future."


Gold Coast Mining Corp. is a holding company with interests in the MJ industry, as well as, the mining and energy sectors. The Company's goal is create a vertically MJ division and continue its diversification into other high growth industries. The primary goal is generate cash flow to sustain and grow profitability.

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