South American Gold’s Cannabis Social Media App Set to Launch This Quarter

| Source: South American Gold Corp.

Las Vegas, NV , July 12, 2017 (GLOBE NEWSWIRE) -- South American Gold Corp (OTC: SAGD) is proud to update its shareholders on the development of the Company’s social network project known as PotCircles.

PotCircles looks to not only be the "must have" social network for individuals and their cannabis lifestyle, but to become a movement for individuals to voice their opinions for the legalization of cannabis. The cannabis lifestyle includes everything from the simple enjoyment of legal marijuana, the growing and cultivation of medical marijuana, the advancements of cannabis in science, to the use of hemp as an alternative within the marketplace.

The development of PotCircles has entered the final stages. The developers of PotCircles have been working very hard to finalize the functionality and usability of PotCircles. The Company is very pleased with the design of the app icon, which is very discreet and inconspicuous.

The PotCircles logo is now a simple “PC” circled in two different shades of green.  The app icon on the user’s phone will now be the new logo and the icon will have no name label.  The Company is entering the final testing stages of the project. 

With over 185,000,000 known potential users, SAGD believes that the design of PotCircles will appeal to the masses, which will allow for an accelerated user growth rate.

SAGD is also working with the non-profit group, “My Weed Rights”, as well as legal counsel, consultants, and advisors on the legal rights to advertise a cannabis network in and out of legal use states. SAGD is seeking to launch PotCircles advertisements nationally with a multimillion dollar media acquisition.

About SAGD: South American Gold Corp (SAGD) is an operational management company focused on enhancing shareholder value by acquiring and operating under valued tech assets.

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Disclaimer: This release contains forward-looking statements that are based on beliefs of South American Gold Corp. management and reflect South American 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," "looks," "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 South America 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, South American 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 may incorporate by reference the Company's reports and other filings. Investors are encouraged to review all filings. There is no assurance South American 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 projects and/or acquisitions will be favorable nor that definitive terms can be negotiated. Investors should consult their financial advisor before making an investment in a company.