Pengram Corp. (PNGM) Releases CEO Interview
BELLINGHAM, Wash., Nov. 27, 2012 /PRNewswire/ -- Pengram Corporation (Pinksheets: PNGM - News), an emerging gold exploration company, is pleased to announce that it's releasing an interview of its CEO, Richard Donaldson. The in depth interview is over 30 minutes long, and covers everything from Pengram's properties, to its share structure, its commitment to shareholders and investment and exploration strategy. The interview was conducted about a month ago, and its delay was due to gaining the necessary permissions.
Highlights of the interview:
- Favorable economics in gold in general
- Mr. Donaldson's belief that Company and shareholder goals are aligned
- Pengram's share structure and Mr. Donaldson's contention not to dilute shareholders
- Further information on all the properties, and specifically how the properties are concentrated in safe, mining friendly jurisdictions and diversified to maximize shareholder returns
- The Company's strategy and update regarding exploration plans
- Mr. Donaldson's first comments on the Golden Snow Property (down dip from Timberline Resources) new discovery next door
The interview also revealed that the Company's focus in the short term will be its Golden Snow property, due mainly to work Timberline has done to expand the trend of its high grade gold discovery towards the Golden Snow property. "This is not a small potato type of situation," stated Mr. Donaldson when speaking about the potential of Golden Snow.
The entire interview can be heard at http://www.capitolfinancialmedia.com/pengram-interview
About Pengram Corp. (PNGM)
Pengram Corp. (PNGM) is an exploration-stage company. The Company is engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States. In Nevada, Pengram controls 116 claims covering approximately 3,456 acres. In Canada, PNGM controls 8,372 acres (3,388 hectares) in the Cariboo Mining District, a district that has historically produced more than 3.8 million ounces of gold.
Forward Looking Statement
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. The statements by our officers, and other statements regarding: optimism related to the business; expanding acquisition, exploration and development activities; and completing, a binding agreement for mineral project acquisitions; as well as the prospects, forecasts and projections for such mineral projects owned; and other statements in this news release are forward-looking statements. Such statements are based on current expectations, estimates and projections about the Company's business. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. In particular, there is no assurance that Pengram or its JV partners or property optionees will be able to raise sufficient funds to pay the cost of the proposed work programs or that the work programs on the properties will result in the discovery of economic quantities of gold. The forward-looking statements contained in this news release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
Contact Investor Relations:
Capitol Financial Media
SOURCE Pengram Corporation