SOURCE: GoldLand Holdings Co.

GoldLand Holdings Co.

June 27, 2014 09:15 ET

GoldLand Holdings Co. (GHDC) Moves Forward With Due Diligence on More Potential Gaming Acquisitions in Nicaragua

BRADENTON, FL--(Marketwired - Jun 27, 2014) - GoldLand Holding Co.'s (OTCBB: GHDC) (OTCQB: GHDC) management moves forward with comprehensive due diligence on other Nicaraguan casino gaming sites to increase its gaming footprint. Owning and acquiring more machines, in excess of 1000 gaming machines, remains management's immediate objective in this second country of operations.

GHDC operates under a 25-year gaming licenses from the Country of Nicaragua to operate and pursue business opportunities in this growth industry. Since Nicaragua is a democratic government with a pro-western attitude towards business, GHDC believes both its short-term and long-term objectives in garnering more gaming sites can be obtainable. Nicaraguan financial compatibilities in terms of reporting operational disclosures are fully transparent and recognizable under the U.S. GAAP (United States Generally Accepted Accounting Principles).

Mr. Pierre Quilliam, CEO, GoldLand Holdings Co. states, "Since September 2013 to present, GHDC now has gaming operations in two countries, Colombia and Nicaragua. GoldLand will continue to seek quality gaming entities which will be evaluated with financial matrixes. As these entities meet the Company's qualifications, acquisition announcement will be forthcoming."

Currently, GHDC owns over 200 machines in the two countries -- Colombia and Nicaragua -- and also owns and leases out to Silver Falcon Mining, Inc. (OTCBB: SFMI) its 14 unpatented precious metal lode claims covering 262.85 acres atop War Eagle Mountain, Murphy, Idaho, USA.

For further information, contact Rich Kaiser, Investor Relations, 757-306-6090 and/or email: yes@yesinternational.com; www.goldlandholdings.com.

GoldLand Holdings, Co., cautions that statements made in this press release and other forward looking statements made on behalf of GHDC may be affected by such other factors including, but not limited to, vagaries of the tourist trade, volatility of mineral prices, market competition, and other risks detailed herein and in the U.S Securities and Exchange Commission filings of the Company.

Contact Information

  • Contact:
    Rich Kaiser
    Investor Relations
    757-306-6090