FORT WORTH, TX, May 31, 2013 /PRNewswire/ - Gold Dynamics Corp. (GLDN) (OTCBB:GLDN)(OTCQB:GLDN) (http://www.golddynamics.com) is pleased to report that pursuant to a release on May 6 we will be making the final payment of $7500 on its option arrangement signed on February 28, 2012.
Completing this payment enables us to continue with a work program based on the past results from its soil testing and VTEM survey conducted over the last year.
The Hoyle North Property is a 32 claim land package in Hoyle Township near to the Porcupine-Destor Fault. The property is located approximately 18 km northeast of Timmins, Ontario, Canada the area is world renowned as a heavily mineralized area with many active mines where as much as 85 million ounces of gold have been mined historically. Our property is contiguous to Goldcorp land and is within 2 kilometers of multimillion ounce gold deposits.
U.S. Securities Act of 1933
This press release does not constitute an offer of any securities for sale or a solicitation of an offer to purchase any securities.
This press release contains forward-looking statements that are based on the beliefs of management and reflect the Company's current expectations. The forward-looking statements are based on certain assumptions, which could change materially in the future. By their nature, forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include the risk that the Company may not fully advance the North Hoyle Project contemplated in this press release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking information. Forward-looking information is provided as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required in accordance with applicable laws.
SOURCE Gold Dynamics