SOURCE: Grand Pacaraima Gold Corp

Grand Pacaraima Gold Corp

February 26, 2014 06:00 ET

Grand Pacaraima Gold Corp (PINKSHEETS: BITCF) (Pending Name Change to First BITCoin Capital Corp.) Announces Removal of Caveat Emptor Symbol

VANCOUVER, BC--(Marketwired - Feb 26, 2014) - Grand Pacaraima Gold Corp (PINKSHEETS: BITCF) (pending name change to First BITCoin Capital Corp.) is pleased to announce that Pink OTC Markets, Inc., has removed the caveat emptor warning label on the webpage showing the company's common stock.

The company is now showing "OTC PINK Current Information" on the OTC Markets website.

The company received an email communication from OTC Markets stating the following:

"We have finished processing your disclosure and attorney letter for the period ending December 31, 2013. Your Company will be moved to the OTC Pink Current Information tier before the next market open."

The company published its year end corporate financial statements covering periods up to 12-31-2013, which has brought the company into compliance with OTC Markets.

"We have always intended to be fully compliant with OTC Markets rules and regulations," the company said.

"Now that we are fully up to date with our corporate information, we can focus on moving forward with new and exciting projects that we have planned for the future. We look forward to updating our shareholders shortly on our progress."

The company seeks to become the first publicly traded, vertically-integrated consolidator of Bitcoin and other crypto-currency industries.

About the company:
Grand Pacaraima Gold Corp. is a developing Canadian-based mining company currently holding concessions of Gold in Venezuela and is preparing to enter Bitcoin related and crypto-currency industry.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release includes various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which represent the Company's expectations or beliefs concerning future events. Statements containing expressions such as "believes," "anticipates," "intends," or "expects," used in the Company's press releases and in Disclosure Statements and Reports filed with the Over the Counter Markets through the OTC Disclosure and News Service are intended to identify forward-looking statements. All forward-looking statements involve risks and uncertainties. Although the Company believes its expectations are based upon reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurances that actual results will not differ materially from expected results. The Company cautions that these and similar statements included in this report are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof.