First Colombia Gold Looks to Add Fuel Distribution in the Houston Market

/EINPresswire.com/ -- NASHVILLE, TN -- (Marketwired) -- 01/28/16 -- First Colombia Gold Corp. (OTC PINK: FCGD) announced today that after its recent closing of the fuel terminal located in North Carolina, the company is now considering entering into fuel distribution in the Houston market. In the wake of high demand and recent request from potential customers, First Colombia Gold Corp. is exploring the viability of entering that market as a fuel distributor. The company has been in negotiations to secure fuel allocation in that market and has already begun exploring potential customer lists for exits and off-take.

The company's CEO, Jason Castenir, stated, "Recent volatility in the fuel and oil markets has created a demand for lower-cost, reliable fuel distribution. Our connections in the fuel industry have allowed us to create a scenario whereby our customers can take advantage of our volume pricing with the added guarantee of fuel allotment. Add to this is our joint venture with Singa Energy Solutions, and you have a perfect storm, where high volume capabilities meets high volume global customers. We are very excited about the revenue possibilities through these partnerships."

Disclaimer

This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of First Colombia Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10K, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the potential acquisition of oil and gas assets will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in oil prices would affect the potential profitability of the proposed acquisition negatively.

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