SOURCE: Golden Patriot Corp.

March 23, 2011 09:30 ET

Golden Patriot Corp Announces It Has Secured Acquisition Financing

CALGARY, AB--(Marketwire - March 23, 2011) - The Board of Directors of Golden Patriot Corp (PINKSHEETS: GPTC) announced that it closed on a small financing and is now proceeding with its acquisition plan. To this end, the Company is assessing various business opportunities with which to proceed. Michael Gelmon, CEO of Golden Patriot, stated: "With the financing in hand, we look forward to making an exciting acquisition in the near future. We are currently assessing a number of opportunities and will be making a decision in due course."

About Golden Patriot:

Golden Patriot Corp is a publicly traded holding company focused on investing in and building a network of operating subsidiaries engaged in various innovative businesses.

This Press Release contains or incorporates by reference forward looking statements including certain information with respect to plans and strategies of Golden Patriot Corp. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes," "suggests," "anticipates," "plans," "expects," and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Golden Patriot Corp. operations that could differ materially from those indicated by such forward looking statements.

Contact Information

  • Contact:
    Michael Gelmon
    1-310-909-4607