Andes Gold Corporation Continues With Strong Growth in 2014
April 22 2014 - 7:00AM
Marketwired
Andes Gold Corporation Continues With Strong Growth in 2014
BOCA RATON, FL--(Marketwired - Apr 22, 2014) - Andes Gold
Corporation (PINKSHEETS: AGCZ), a gold mining and milling company
with operations in Ecuador and Peru, today released its first
Quarter results for the three (3) month Period ending March 31,
2014. The Company increased production and profits in the first
quarter.
Revenue for the first quarter ended March 31, 2014 was
$2,057,541 versus $1,391,923 last year. This is an increase of
$665,618 (47.8%). The net profit for the three (3) month period
ended March 31, 2014 was $438,409 versus $273,236 last year, an
increase of $165,173 (60%). The financial results for the first
quarter of 2014 show that the Company is in position to exceed the
total revenue of $6,732,311 and net profits of $1,400,180 obtained
in 2013.
The Company is continuing to increase revenue and profits
through increased production, increased contract milling and use of
portable concentrators. The Company projects significant increases
in both revenue and profits in 2014. The Company continues to
increase the capacity of its operations.
Andes Gold Corporation trades in the United States on the OTC
Pink under the symbol "AGCZ." For further information, please
contact the Company at (561) 210 8496 or www.andesgoldmine.com or
investors can find real time quotes and market information for the
Company on www.otcmarkets.com.
NOTE: This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 involving risks and uncertainties. Results, events and
performances could vary from those contemplated. These statements
involve risks and uncertainties which may cause results, expressed
or implied, to differ from predicted outcomes. Risks and
uncertainties include but are not limited to product demand, market
competition and Andes's ability to meet current and future plans.
Investors should study and understand all risks before making an
investment decision. Readers are recommended not to place undue
reliance on forward-looking statements or information. Andes Gold
is not obligated to publicly release revisions to any forward-
looking statement, to reflect events or circumstances afterward or
to disclose unanticipated occurrences except as required under
applicable law.
Andes Gold Corporation
Andes Gold Corporation (561) 210 8496 www.andesgoldmine.com
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