Cerro Dorado Inc., a Nevada corporation (“the Company”), announces that it has published its Financial Statements via OTC Markets’ OTC Disclosure & News Service. The Statements published cover each calendar quarter starting with year-end 2012 through June 30, 2014. Its most recent report reflects a decrease in liabilities of approximately $750,000 from the figure reflected on the compilation report that was made available at our April 30, 2014 shareholders meeting, which reflected liabilities of approximately $2,735,000.
The Company is making arrangements for an attorney to provide a letter of opinion with respect to current information, at which point we expect a change in tier status to OTC Pink Current Information.
Management would like to acknowledge inquiries received
requesting updates or information with respect to Chilean mining claims owned or
controlled by the Company. However, management deemed it vital to first correct
the lack of financial information publicly available.. Now, having completed a
review and reduction of the Company’s liabilities, and being able to publish current
financial information on an ongoing basis, management can now turn its
attention toward verification of claims owned by the Company.
Kindest Regards,
Cerro Dorado, Inc.