Pacific Gold Corp.: Retail Energy Corp. Begins Acquisition Search

TORONTO, ONTARIO--(Marketwired - Feb. 24, 2016) - Pacific Gold Corp. (OTC PINK:PCFG) -

Pacific Gold Corp. (the "Company") announced today that it has formed a new subsidiary Retail Energy Corp. ("REC").

REC was formed with the intent to enter the retail energy sector, including but not limited to, owning and operating gas fueling stations in the United States.

REC will begin exploring acquisition opportunities and evaluating prospects to acquire and operate filling stations and their retail operations, subject to REC raising the available financing and conducting the necessary diligence in order to be able to complete an acquisition.

About the Company

Pacific Gold Corp. (OTC PINK:PCFG) is focused on revenue generating natural resource and energy operations located in North America. Pacific Gold Corp. owns two royalty interests in Gold and Tungsten mining project and mining claims in San Juan and Delores Counties, Colorado, encompassing the historic Graysill Mine, along with its subsidiary Retail Energy Corp focused on retail energy sales.

This news release includes forward-looking statements that reflect Pacific Gold Corp.'s current expectations about its future results, performance, prospects and opportunities. Pacific Gold Corp. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Pacific Gold Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2016 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.