Dutch Gold Announces First Quarter 2012 Conference Call
March 15 2012 - 11:33AM
Marketwired
Dutch Gold Resources, Inc. (OTCQB: DGRI) (PINKSHEETS: DGRI) (the
"Company") will host a conference call at 11 AM EST on March 22,
2012. Daniel Hollis, Chairman and CEO; Rauno Perttu, Vice Chairman
and COO; and Thomas Leahey, Chief Financial Officer of Dutch Gold
Resources, Inc. will conduct the discussion.
The Call can be accessed by calling: (712) 432-1001 (U.S. and
International callers) and entering access number 492518080#. The
call will be recorded and may be accessed by using the same dial in
number and access code one hour after the call. A webcast will also
be archived on the Company's website and a telephone replay of the
call will be available through midnight, May 22, 2012, using the
same dial-in instructions.
The Company will update all aspects of business development,
capital formation and structure, and its plans for the balance of
2012.
As part of a restructuring agreement with the Company's
convertible debt holders, Dutch Gold will file an Information
Statement today, to increase the number of authorized shares. The
convertible note holders require that the Company reserve more than
three times the number of shares that would be required if all of
there debt was converted. At the present time, it is unlikely that
the Company would issue these excess shares in toto. Further, the
Company is exploring other options to resolve these notes. This
matter will be a topic of discussion during the upcoming conference
call, as we review the overall capital structure of the Company and
its development plans for 2012 and beyond.
About Dutch Gold Resources Dutch Gold Resources, Inc. is engaged
in the acquisition and development of gold properties in North
America. The company's strategy is to focus on overlooked resources
that have the potential to have a value creation event within 24
months of acquisition. The Company criteria call for a property to
reach either near term production, or be a candidate for
development through joint venture financing during the two years
subsequent to acquisition. The Basin Gulch project Montana, the
Jungo property outside Winnemucca, Nevada, and the Gold Bug Mine in
Oregon comprise the Company's current portfolio. The DGRI
management team is composed of seasoned professionals with decades
of experience in geology, and in mergers and acquisitions, as well
as corporate finance. For further information, please see
www.DutchGold.com.
Forward-Looking Statements This press release contains
forward-looking statements that reflect the Company's current
expectation regarding future events. Actual events could differ
materially and substantially from those projected herein and depend
on a number of factors. Certain statements in this release, and
other written or oral statements made by Dutch Gold Resources, Inc.
are "forward-looking statements" within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. You should not place undue reliance on
forward-looking statements since they involve known and unknown
risks, uncertainties and other factors, which are, in some cases,
beyond the Company's control and which could, and likely will,
materially affect actual results, levels of activity, performance
or achievements. The Company assumes no obligation to publicly
update or revise these forward-looking statements for any reason,
or to update the reasons actual results could differ materially
from those anticipated in these forward-looking statements, even if
new information becomes available in the future. Important factors
that could cause actual results to differ materially from the
company's expectations include, but are not limited to, those
factors that are disclosed under the heading "Risk Factors" and
elsewhere in documents filed by the company from time to time with
the United States Securities and Exchange Commission and other
regulatory authorities.
For further information, please sign up at
www.DutchGold.com/alerts.
CONTACT: Tom Leahey CFO Dutch Gold Resources, Inc. (404)
419-2440