MIAMI -- (Business Wire)
Zoloto Resources Ltd (OTC Pink: ZRSCF) with gold milling operations in
Ecuador wishes to announce its financial results for the six(6) month
period ending June 30, 2015. Revenue was $376,879 for the six months
ending June 30,2015 versus no revenue for the same period last year. The
net profit for the six(6) month period ending June 30,2015 was $175,803.
The revenue and profits were generated in the second quarter of 2015 as
operations came on line.
The Company is projecting that revenue in the second half of 2015 will
increase to in excess of $1,000,000 with projected profits of $450,000
from its milling operations. The Company will expand its operations
through the acquisition of producing oil and gas assets in Ecuador. The
Company is projecting that it will be producing up to 100 barrels of oil
per day by the end of 2015.
Zoloto Resources Ltd trades in the United States on the OTC Pink under
the symbol “ZRSCF”. For further information, please contact the Company
at (305)357 2010 or www.zolotomining.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 Zoloto's ability to
meet current and future demands. Investors should study and understand
all risks before making an investment decision. Zoloto Resources is not
obligated to publicly release revisions to any forward-looking
statement, to release events or circumstances afterward or to disclose
unanticipated occurrences except as required under applicable law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150804007085/en/
Contacts:
Zoloto Resources Ltd
Robert Maddigan, 305-357-2010
Source: Zoloto Resources Ltd
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