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South American Gold Corp Signs $500,000 Distribution Agreement to Provide Fuel Products to Latin American Farmers
South American Gold Corp Signs $500,000 Distribution Agreement to Provide Fuel Products to Latin American Farmers.
About this update from South American Gold Corp
[{"type":"text","content":"\n\n\n\nSouth American Gold Corp Signs $500,000 Distribution Agreement to Provide Fuel Products to Latin American Farmers\n\n\n\n\n\nSouth American Gold Corp Signs $500,000 Distribution Agreement to Provide Fuel Products to Latin American Farmers\nPR Newswire\nLAS VEGAS, September 27, 2016\n\n\n\nLAS VEGAS, September 27, 2016 /PRNewswire/ --\n\nSouth American Gold Corp (OTCBB: SAGD) signed an agreement, valued at $500,000 of revenue per month, to become the exclusive fuel distributor for several farming operations in both Central and South America with delivery points stretching from Mexico down to Peru.  This distribution agreement signed with Global Petro, Ltd., a fuel marketing company based in South America, comes on the back of the company announcing it was also the exclusive distributor of Microbial Mojo GoGo, an agreement that the company estimates could easily lead to over one million dollars in new revenue to the company.\n\nGlobal Petro, Ltd. is a private company with operations in Mexico, Peru, Colombia, Panama and Costa Rica, and specializes in providing fuel solution services to companies in a variety of consumer sectors including freight companies, mining companies as well as having a large clientele of agricultural clients. Specifically in the agriculture space, Global Petro provides dyed diesel as well as kerosene to farmers, producers and trucking companies that transport produce for export or direct to consumers.  \n\n\"This newest distribution agreement is the product of the hard work of several key sales personnel that have begun marketing the Mojo GoGo product along with other products, including fuel, into the farming industry in both Central and South American,\" stated Brian Vasquez a consultant handling outside sales for the company.\n\n\"The largest non-labor expense for any agricultural enterprise is energy, and this reality continued to be discussed as our sales force was speaking with the farmers and business owners in the agriculture space.  Once we identified this need and demand, securing the product and starting distribution was an easy next step,\" continued Mr. Vasquez.\n\nThe company stated that they will be delivery both dyed diesel and kerosene to several buying groups in the area.  The company stated that it intends to deliver approximately one hundred fifty thousand gal...