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Pengram Corp. (PNGM) Releases CEO Interview

Posted November 27, 2012

BELLINGHAM, WASHINGTON--(Marketwire - 27/11/2012) - Pengram Corporation (Pinksheets:PNGM - News), an emerging gold exploration company, is pleased to announce that its releasing an interview of its CEO, Richard Donaldson.  The in depth interview is over 30 minutes long, and covers everything from Pengram’s properties, to its share structure, its commitment to shareholders and investment and exploration strategy.  The interviewed was conducted about a month ago, and its delay was due to gaining the necessary permissions.

Highlights of the interview:

  • Favorable economics in gold in general
  • Mr. Donaldson’s belief that Company and shareholder goals are aligned
  • Pengram’s share structure and Mr. Donaldson’s contention not to dilute shareholders
  • Further information on all the properties, and specifically how the properties are concentrated in safe, mining friendly jurisdictions and diversified to maximize shareholder returns
  • The Company’s strategy and update regarding exploration plans
  • Mr. Donaldson’s first comments on the Golden Snow Property (down dip from Timberline Resources new discovery next door

The interview also revealed that the Company’s focus in the short term will be its Golden Snow property, due mainly to work Timberline has done to expand the trend of its high grade gold discovery towards the Golden Snow property.  “This is not a small potato type of situation,” stated Mr. Donaldson when speaking about the potential of Golden Snow.

The entire interview can be heard at http://www.capitolfinancialmedia.com/pengram-interview

About Pengram Corp. (PNGM)

Pengram Corp. (PNGM) is an exploration-stage company.  The Company is engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States. In Nevada, Pengram controls 116 claims covering approximately 3,456 acres.  In Canada, PNGM controls 8,372 acres (3,388 hectares) in the Cariboo Mining District, a district that has historically produced more than 3.8 million ounces of gold.

Forward Looking Statement

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. The statements by our officers, and other statements regarding: optimism related to the business; expanding acquisition, exploration and development activities; and completing, a binding agreement for mineral project acquisitions; as well as the prospects, forecasts and projections for such mineral projects owned; and other statements in this news release are forward-looking statements. Such statements are based on current expectations, estimates and projections about the Company's business. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. In particular, there is no assurance that Pengram or its JV partners or property optionees will be able to raise sufficient funds to pay the cost of the proposed work programs or that the work programs on the properties will result in the discovery of economic quantities of gold. The forward-looking statements contained in this news release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.


Contact Investor Relations:
Capitol Financial Media
1-877-225-8808
info@capitolfinancialmedia.com

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Joint News Release of Terrace Ventures Inc. (TVER) and Pengram Corporation (PNGM) -- Golden Snow Project Update

Posted November 12, 2012

Joint News Release of Terrace Ventures Inc. (TVER) and Pengram Corporation (PNGM) -- Golden Snow Project Update
BELLINGHAM, Wash., Nov. 12, 2012 /PRNewswire/ -- Terrace Ventures Inc. (Symbol: TVER.OTCQB) ("Terrace") and Pengram Corporation (Symbol: PNGM.PK) ("Pengram") issued the following joint news release today with respect to the Golden Snow Project in Eureka County, Nevada.
Terrace is earning up to a 75% interest in the Golden Snow Property from Pengram. Once Terrace has completed earning its interest, the parties will form a 75/25 joint venture.
During 2012, Terrace completed a work program on the property that consisted of soil sampling and rock sampling. Fourteen rock samples were collected in the area of a previously identified large 2,800 ft. diameter magnetic anomaly. Seventy-two soil samples were collected to help delineate the extension of the collapse breccia zones on the Golden Snow Project. Based on the successful completion of the program, Terrace's geological consultant has recommended that a program consisting of 3,000 feet of reverse circulation drilling to test locations for gold bearing collapse breccias and to test a probable intrusive indicated by ground magnetic data. The program has an estimated cost of $175,000. Subject to financing, Terrace intends to proceed with the recommended program. The geological consultant also recommended that Terrace locate and record additional claims adjacent to the property. This process is underway.
About the Golden Snow Project
The Golden Snow Project is located in the Battle Mountain-Eureka Trend, approximately eight miles south of the East Archimedes gold deposit where Barrick Gold Corporation is currently mining a Carlin-type sediment hosted gold deposit (approximately 2 million ounces gold produced and discovered). The Eureka district is at the south end of a northerly trending series of intrusives. Within the district a prominent north-south alignment of gold deposits trends towards the Golden Snow Project.
Gold reported by Timberline Resources Corp for the Lookout and South Adit area (approximately 2 to 4 miles north of the Golden Snow Project) includes:
390,000 ounces in a Measured & Indicated Resource category (20.7 million tons @ 0.019 opt Au)
221,000 ounces in an Inferred Resource category (18.4 million tons @ 0.012 opt Au)
These are localized along the Ratto Ridge Fault Zone, which projects south onto the Golden Snow Project.
About Terrace Ventures Inc. (TVER)
Terrace's business plan is to assemble a portfolio of mineral properties with gold potential and to engage in the exploration and development of these properties. Terrace currently has an option agreement to acquire up to a 75% interest in Pengram's Golden Snow Property.
Investor Contact for Terrace:
Tel: (360) 220-5218
About Pengram Corporation (PNGM) www.pengramgold.com
Pengram Corporation (PNGM) is an exploration-stage company. Pengram is engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States. In Nevada, the Company controls 168 claims covering approximately 4.4 square miles. In Canada, Pengram controls 8,372 acres (3,388 hectares) in the historically prolific Cariboo Mining District.
Investor Contact for Pengram:
Tel: (877) 225-8808
info@CapitolFinancialMedia.com
Forward Looking Statement
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. The statements regarding future exploration on the Golden Snow Project in this news release are forward-looking statements. Such statements are based on current expectations. Actual results could vary materially from the description contained herein due to many risk factors; in particular, there is no assurance that Terrace will obtain the financing necessary to complete the recommended work program and the additional requirements to earn its 75% interest in the property. There is also no assurance that exploration work on the Golden Snow Property will result in a discovery of a commercial body of ore. The forward-looking statements contained in this news release speak only as of the date on which they are made, and neither Terrace nor Pengram undertakes any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

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Tagged as $pngm, pengram, pngm, gold, exploration, junior, mining, terrace, penny stock, small cap, micro cap, timberline, and tlr

Pengram Corp. (PNGM) Confirms Property Status

Posted September 19, 2012

Pengram Corp. (PNGM) recently confirmed that all properties are still being worked, and all claims are valid and current.

There has been some speculation that a junior couldn't possibly still control the valuable properties Pengram has been working on, so to clarify, the Company issued the following release:

PENGRAM CORP. (PNGM) PROPERTIES UPDATE

Pengram Corp. (PNGM) Properties Update

BELLINGHAM, Wash., Sept. 18, 2012 /PRNewswire/ -- Pengram Corporation (Symbol: PNGM, (the "Company") issued the following update today on the title status of its mineral properties.

Pengram holds three mineral properties:

  1. The Clisbako Property consisting of ten contiguous mineral claims covering an area of approximately 3,388 hectares located in the Interior Plateau Region of north central British Columbia.  Pengram has entered into an agreement to option the property to Manado Gold Corp. which is completing significant exploration programs on the Clisbako Property.  The property is currently in good standing with the British Columbia Ministry of Mines until November 30, 2014
  2. The Fish Project consists of 58 unpatented claims covering 1.9 square miles located within the Walker Lane Belt, approximately 12 miles west of Tonopah, Nevada.  The Company has recently paid the advance royalties, BLM fees and county filing fees with the result that the Property is in good standing until August 2013.
  3. The Golden Snow Property is located in Eureka County, Nevada and is adjacent to Timberline's Lookout Deposit.  The property is under option to Terrace Ventures Inc.  Terrace has completed exploration work this summer and has paid the advance royalties, BLM and county filing fees so the property is in good standing until August 2013.

ABOUT PENGRAM CORP. (PNGM) www.pengramgold.com

Pengram Corp. (PNGM) is an exploration-stage company.  The Company is engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States. In Nevada, Pengram controls 216 claims covering approximately 4,350.   In Canada, PNGM controls 8,372 acres in the Cariboo Mining District that has historically produced more than 3.8 million counces of gold.

Forward Looking Statement

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. The statements regarding financing in this news release are forward-looking statements. Such statements are based on current expectations. Actual results could vary materially from the description contained herein due to many risk factors, in particular, there is no assurance that Pengram's creditors will accept the Notes or that Pengram will be able to sell the Notes Offering to investors.  The forward-looking statements contained in this news release speak only as of the date on which they are made, and Pengram does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Investor Contact:
Tel:             1.877.225.8808      
info@CapitolFinancialMedia.com

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$PNGM Cleans Up Balance Sheet

Posted September 11, 2012

Pengram Corp. $PNGM, issued a news release this morning.  In it, the Company stated it would offer creditors long term notes that yield a whopping 10 percent per annum, due to mature in 2016.  This means that current shareholders will find they will not be diluted at all.  The company isn't issuing any shares...

It also means that the balance sheet will be cleaned up.  The current ratio will be more inline with acceptable risk levels.

So with a cleaner balance sheet, financing, and no further stock issuances, it can only mean one thing: current shareholders will benefit.

Here's the entire release:

Pengram Corporation (PNGM) -- Adds Incentive of 10% Notes Offering

BELLINGHAM, Wash., Sept. 11, 2012 /PRNewswire/ -- Pengram Corporation (PNGM.PK), (the "Company") announced that its Board of Directors have approved a private placement offering of up to $1,000,000 of $5,000 denomination 10% unsecured notes due November 30, 2016 (the "Notes Offering").  The purpose of the Notes Offering is to retire the current liabilities of the Company and to raise funds for the acquisition and exploration of mineral properties, and for general corporate purposes, without diluting the current shareholders. The Company will offer the Notes to the creditors of the Company in satisfaction of the current debt. The Company will also offer the Notes to investors who are seeking a higher interest rate than available on more senior debt securities. The Notes Offering will be completed pursuant to Regulation S promulgated under the Securities Act of 1933, as amended (the "Securities Act") to persons who are not "U.S. Persons" as contemplated under Regulation S of the Securities Act.

"We are pleased to be able to offer a higher return note to investors.  The maturity date allows enough time for Pengram to execute on its business plan without having to issue shares at the current price keeping its capital structure intact, while cleaning up the balance sheet allowing for a much healthier financial statement," commented Richard Donaldson, CEO of Pengram.

The Company may pay a commission or finders fee of up to 10% of the Notes Offering proceeds to duly licensed brokers or investment dealers who introduce purchasers or to other person where permitted by law.

The above does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities in the United States. The securities have not been registered under the Securities Act and may not be offered or sold within the United States or to U.S. persons unless an exemption from such registration is available.

ABOUT PENGRAM CORP. (PNGM) www.pengramgold.com

Pengram Corp. (PNGM) is an exploration-stage company.  The Company is engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States. In Nevada, Pengram controls 216 claims covering approximately 4,350.  In Canada, PNGM controls 8,372 acres in the Cariboo Mining District that has historically produced more than 3.8 million ounces of gold.

Forward Looking Statement

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. The statements regarding financing in this news release are forward-looking statements. Such statements are based on current expectations. Actual results could vary materially from the description contained herein due to many risk factors, in particular, there is no assurance that Pengram's creditors will accept the Notes or that Pengram will be able to sell the Notes Offering to investors.  The forward-looking statements contained in this news release speak only as of the date on which they are made, and Pengram does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Investor Contact:
Tel:             1.877.225.8808      
info@CapitolFinancialMedia.com

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CYCL Record Volume

Posted September 4, 2012

Capitol Financial Media is proud to announce that on the day of our engagement with County Line Energy Corp. CYCL, the stock achieved record volume.  Just reinforces our belief in telling the story properly, and through channels that investors obviously relate to...

We look forward to assisting CYCL even more, in the future. 

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Welcome County Line Energy CYLC

Posted September 3, 2012

Capitol Financial Media welcomes County Line Energy as its newest client.  CYLC has made a commitment to upgrade its status on the OTC, as well as a commitment to enhance communications with shareholders.  We welcome the opportunity to introduce the company to potential shareholders and tell its story to them while keeping them abreast of developments as management executes on its business plan.

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