Tuesday, September 30, 2014
GDSM Sept 30 Webcast
Thursday, September 25, 2014
GDSM news
Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is pleased to announce that following the execution of a multi-year Consulting Agreement with a Yampa, CO based medical marijuana grower, it is in negotiations for the purchase and build out of a 3,600 sq. ft. warehouse. The warehouse is attractive as it has required infrastructure for a multi-level, fully automated grow facility.
As previously reported, the existing 7,400 sq. ft. Yampa grow building is now available within 60 days and we are concluding negotiations for the purchase of the facility. Plans are being prepared to upgrade and fully automate the structure allowing the grower a more cost effective operation.
Both these facilities will be start of the art and are highly desired by marijuana growers.
As Gold Coast is becoming well known in the marijuana industry, the Company has been approached with opportunities in the cannabis sector in Colorado and other states. Current discussions regarding attractive business opportunities are occurring in Oregon, Washington and Maine. In fact, the Company will be traveling to Maine next week to further discussion on two exciting opportunities.
CEO Michael Shea commented, "Having closed our first Consulting Agreement, we are anxious to continue this growth. I continue to review numerous proposals allowing us to be very selective of which ones to spend time on due diligence to ensure a maximum return to the Company."
Tuesday, September 16, 2014
GDSM let's get real
GO GDSM
Gold Coast Execute Colorado Consulting Agreement With Colorado Marijuana Grower
Companies Mentioned
PK:GDSMWILTON, CT / ACCESSWIRE / September 16, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM), executes consulting agreement.
Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is pleased to announce that the Company and a Colorado marijuana grower have executed a multi-year consulting agreement, whereby Gold Coast will provide a variety of services including security, marketing and other services customary to under agreements of this nature. The grower and the facility is in Yampa, CO which is in Routt County.
Colorado has very strict laws governing legal growing of marijuana. There are several ways for the Company to participate including leasing property, infrastructure and providing consulting services. In this case, a consulting agreement was the logical choice. Future deals may include combination of structures.
CEO Michael Shea commented, "I am pleased to have closed the first transaction and am working diligently on other pending deals that move us closer to being cash flow positive. I would like to remind shareholders and the investment community that I will be providing a complete overview of the Company along with a Q&A session at the upcoming Cannabis Investor Webcast on September 30, 2014. Our time slot is 9 am."
The outstanding float remains unchanged from previously reported. The Company did issue 95 million of restricted stock for services which carries the required 12 month restriction period.
ABOUT GOLD COAST MINING
Gold Coast Mining Corp. is a holding company with interests in the MJ industry. The Company's goal is create a vertically integrated company and continue its diversification into other high growth industries. The primary goal is generate cash flow to sustain and grow profitability.
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Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.
Contact Info:
Michael Shea
CEO
Gold Coast Mining Corp.
SOURCE: Gold Coast Mining Corp.
Wednesday, September 10, 2014
GDSM signs term sheet
WILTON, CT / ACCESSWIRE / September 10, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM), provides update on its Colorado activities.
Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is excited to announce that the Company has signed the first of several term sheets with the operator of a medical marijuana grow facility. The facility is in Yampa, CO which is in Routt County.
Versus some of the other pending transactions using a real estate purchase/lease transaction, this deal is structured such that Gold Coast will be providing consulting services to the operator in return for compensation. Additionally, Gold Coast will received the option to acquire/lease an adjoining 7,400 sq. ft. grow facility located on the property when its current lease expires in late 2015. Final documentation is currently being drafted.
CEO Michael Shea commented, "I am pleased to have secured the first transaction, and the option for the 7,400 sq. ft. facility is very attractive. As importantly, this legal structure provides Gold Coast with a separate revenue segment derived from being a Consultant to grow operators. I expect this deal to close within a week, and continue to work to finalize the other deals".
Tuesday, September 9, 2014
GDSM gains
Thursday, September 4, 2014
PR Out
WILTON, CT / ACCESSWIRE / September 4, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM), provides update on its Colorado activities.
Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is excited to announce that the Company has reached a verbal agreement for a new grow opportunity and two other projects located in Routt County, CO.
A written term sheet has been submitted to parties for the acquisition/lease of a 3,600 sq. ft. warehouse that will accommodate a substantial grow operation with the capability to install a loft or second level, further expanding production capabilities. The warehouse has all the required infrastructure including 3 phase power and water and a harvest is planned for January/February timeframe and be perpetual thereafter. The Company is waiting on the final signature and will immediately move to final documentation.
Gold Coast and its Denver based legal counsel are performing due diligence on two other properties, one is a family owned 90 acre parcel of which only 40 acres are currently being used as an outdoor grow facility. Plans call to fully develop the 90 acres and construct several greenhouses to allow for year round cultivation.
The third property is a retail medical marijuana dispensary that has several valuable permits including MIP (Marijuana Infused Products) kitchen and wholesale grow licenses.
CEO Michael Shea commented, "I am pleased with the opportunities and I have no doubt that the Company will close transactions in the very, very short term. These transactions are complex and time consuming, but we have the legal structure that allows Gold Coast to participate. Routt County has been more consistent in its view of the industry versus Chaffee County, which just imposed a moratorium on new grow facilities, causing us to put that project on hold despite getting all parties to agree to the terms and conditio
Monday, September 1, 2014
Register for Cannabis Invertor webcast GDSM is part
BThe Cannabis Investor Webcast will be held monthly. The webcast will include 45-minute live presentations and Q&A by CEO’s, CFO’s and IRO’s of privately-held and publicly traded companies in the cannabis industry, and industry professionals. The webcast increases company exposure to individual and institutional investors and analysts.
The Cannabis Investor Webcast offers cannabis companies a convenient and inexpensive way to increase company exposure and reach a wider domestic and international audience. In addition, the Cannabis Investor Webcast also gives individual and institutional investors and analysts a convenient and inexpensive way to research privately-held and publicly traded cannabis companies.
Register here http://cannawebcast.com/