MEMPHIS, Tenn., July 22, 2014 (GLOBE NEWSWIRE) -- First Colombia Gold Corp. (OTCQB:FCGD) is pleased to announce that Clarence Parks, has been appointed President of First Colombia Gold Corp.

CEO Dr. Robert Gates announced today the addition of Clarence Parks as President of First Colombia Gold Corp. Dr. Gates stated, "Mr. Parks brings to our company an expertise in mergers and acquisitions as well as the ability to be a hands-on leader with the public sector." Dr. Gates went on to say; "We are fortunate to have a trailblazer like Parks helping to lead our company in all of its future endeavors."

The new president, Clarence Parks added, "I am excited for the opportunity to work with such a great team, and look forward to building a better company for our shareholders."

Clarence Parks holds a BA in Mass Communication from Middle Tennessee State University with minors in Art and Computer Science. Most recently Mr. Parks held the position of CEO for DHS Holding, Co., a Nashville-based company with holdings in the United States and Belize. Mr. Parks, as CEO of DHS, acquired 40 acres of property in Belize for the purpose of building a hotel, casino, shopping center & water park. Mr. Parks also successfully launched the DHS Holding, Co. online casino, LuckyFoxCasino.com. Mr. Parks has been called by many 'a rising star' in the merger and acquisition business. His expertise is in finding companies that have great growth potential and incorporating them into a business plan that fits the current market structure.

Mr. Parks currently owns White Collar Press, Corp., a Nashville-based publishing company, and is in negotiations to produce a major motion picture. Mr. Parks has 15 years of experience working in web design and graphic arts for the broadcast, video and film industries. His credits include work on three feature-length films, as well as multiple film shorts and commercials. Clarence grew up in the heart of the music business, with his father, C. Carson Parks II, an accomplished songwriter who wrote hit songs for The Mills Brothers, Jerry Reed, and above all, Frank Sinatra, who garnered his first hit Gold single in 1967 with the song, Somethin' Stupid.

About First Colombia Gold

First Colombia Gold Corp. is a capital company focused on acquiring, developing and advancing natural resource, energy, and real estate projects in Europe, North America, and South America. Our business model is to acquire undervalued assets combining potential for building assets values and cash flow through leverage to improved operational efficiencies and development.

Our current activity focus is on precious metal exploration in Montana in addition to planned initial activities of our energy division.

Disclaimer

This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of First Colombia Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10k, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the potential acquisition of oil and gas assets will be favorable nor that definitive terms can be negotiated. Information in this release includes representations form the private companies referred to which has not been independently verified by the company. A downturn in oilprices would affect the potential profitability of the proposed acquisition negatively.