|By Marketwired .||
|January 7, 2014 11:30 AM EST||
PALM BEACH GARDENS, FL -- (Marketwired) -- 01/07/14 -- Golden Age Resources, Inc., (OTC Pink: GDAR) proudly announced the appointment of Mr. James C. Steen as new President/CEO of Golden Age Resources, Inc. effective from November 16, 2013.
Appointment of new CEO
Mr. James C. Steen, 48, brings 25 years of solid Executive management experience to GDAR. His experience has been largely in sales and marketing with heavy emphasis in the growth technologies based marketing. Mr. Steen stated "He is very honored by his appointment and has already initiated a plan of growth for GDAR through internal and external expansion". Mr. Steen further commented that "he wishes to immediately re-structure the capital of the company by reducing the outstanding shares to allow for successful implementation of acquisitions".
The outstanding shares of GDAR have been reduced from 632,691,944 to 274,691,944.
Forward Looking Statements-This press release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward looking statements in this release are made as of the date hereof and Golden Age Resources, Inc. undertakes no obligation to update such statements.
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