SOURCE: Indemia Gold Inc.

April 24, 2012 13:30 ET

Indemia Gold Engages Accounting Firm to Begin PCAOB Audit Process

LAS VEGAS, NV--(Marketwire - Apr 24, 2012) - Indemia Gold Inc. (PINKSHEETS: CETH) (the "Company") is pleased to announce that it has engaged Cronin & Company CPA, a PCAOB registered accounting firm, to begin financial audit services for the Company. The audit will occur within accordance of Public Company Accounting Oversight Board (PCAOB) standards in order to meet SEC requirements. Cronin & Company expects to complete the audit process within 45 days.

Once completed the Company expects to obtain a fully reporting status, allowing the Company to up-list to the OTCQB exchange. The OTCQB tier designates OTC-traded companies that have operating businesses and provide substantial disclosure to the marketplace.

"Becoming fully reporting is one of the first steps in growing the Company," stated President and CEO Mr. Joseph Arcaro. "Fully reporting status on the OTCQB Exchange will add credibility and confidence for our shareholders."

About Indemia Gold Inc.

Indemia Gold is a results-driven precious metal mining company focused on monetizing the mineral wealth of Colombia. Its mission is to create shareholder value through near-term gold and platinum production at its flagship Choco Placer Mine and long-term development of district-scale hard rock projects with multi-million ounce resource potential. This two-pronged approach reduces risk for stakeholders through organic growth and minimal dilution while leaving upside potential intact. For more information on the Company, visit the corporate website at www.indemiagold.com.

Forward-Looking Statements

This news release may include "forward-looking statements" regarding Indemia Gold Inc. and its subsidiaries. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where Indemia Gold Inc. expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Indemia Gold Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact Information

  • Contact Information
    Joseph Arcaro
    President
    3800 Howard Hughes Parkway, Suite 500
    Las Vegas, NV 89169
    Tel: 1.209.386.7753
    Email: info@indemiagold.com