MIAMI--(BUSINESS WIRE)--Zoloto Resources Ltd (OTC Pink: ZRSCF) with gold milling operations in Ecuador wishes to announce its financial results for the six(6) month period ending June 30, 2015. Revenue was $376,879 for the six months ending June 30,2015 versus no revenue for the same period last year. The net profit for the six(6) month period ending June 30,2015 was $175,803. The revenue and profits were generated in the second quarter of 2015 as operations came on line.
The Company is projecting that revenue in the second half of 2015 will increase to in excess of $1,000,000 with projected profits of $450,000 from its milling operations. The Company will expand its operations through the acquisition of producing oil and gas assets in Ecuador. The Company is projecting that it will be producing up to 100 barrels of oil per day by the end of 2015.
Zoloto Resources Ltd trades in the United States on the OTC Pink under the symbol “ZRSCF”. For further information, please contact the Company at (305)357 2010 or www.zolotomining.com or investors can find real time quotes and market information for the Company on www.otcmarkets.com.
NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and Zoloto's ability to meet current and future demands. Investors should study and understand all risks before making an investment decision. Zoloto Resources is not obligated to publicly release revisions to any forward-looking statement, to release events or circumstances afterward or to disclose unanticipated occurrences except as required under applicable law.