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Slide #83. Precipitate Gold Corp. — 0945044 BC Ltd.
Precipitate Gold Corp. (CVE:PRG.CA)
0945044 BC Ltd.
Precipitate Gold Corp. announces that, further to its news releases of August 16, 2012 and September 24, 2012, it has closed the acquisition of 100% of the issued capital of 0945044 BC Ltd. a private company that owns a 100% interest in the Juan de Hererra and Higos Blancos gold exploration concession applications in the Dominican Republic through its wholly-owned subsidiary. The Company has received confirmation of all corporate and property registrations in the Dominican Republic and TSX Venture Exchange approval.
Precipitate Gold is engaged in the acquisition and exploration of mineral properties in Canada and the Dominican Republic. The recoverability of amounts shown as mineral properties is dependent upon the discovery of economically recoverable reserves, Co.'s ability to obtain financing to develop the properties and the ultimate realization of profits through future production or sale of the properties.
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