Rimrock Gold Corp. (OTC Pinks: RMRK) wishes to update shareholders with its corporate activities and future growth plans.
The Company is facing challenges in growing its business operations organically. We expect this trend to continue based on increasing competition in the space (cannabinoids for wellness), and lack of working capital. The Company is evaluating strategic options to optimize and expand business operations.
The Company continues to explore growth opportunities through acquisitions and is in the process of conducting due diligence. As developments are made, we expect to update shareholders accordingly. We continue to focus on the long-term success of the Company and firmly believe in our ability to execute our goal of creating shareholder value. The strategic decision reflects the Company’s increasing focus on growth in markets where it can deliver the greatest impact, drive differentiated value, and achieve operational excellence.
“We are always evaluating where we believe Rimrock Gold can achieve its greatest success and will work tirelessly to advance our growth initiatives,” said Jordan Starkman, President of Rimrock Gold. “We thank our investors for their continued support as we continue to revise and execute our business strategy, and navigate the disturbances following the global pandemic.”
Certain statements in this document that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate, “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Rimrock Gold Corp. to be materially different from those expressed or implied by such forward-looking statements. The Company’s future operating results are dependent upon many factors, including but not limited to: (i) the Company’s ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company’s ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; and (iii) competitive factors and developments beyond the Company’s control.
For more information, please contact:
Rimrock Gold Corp.
Jordan Starkman, President
1-800-854-7970
jordan@rimrockgold.com