MARINA DEL REY, CA, Nov. 22, 2016 (GLOBE NEWSWIRE) -- Buscar Company (OTC: CGLD) announced today that its mare Milania (Hip 13) is carrying a colt sired by Pioneerof the Nile, sire of 2015 Triple Crown winner American Pharoah. Pioneerof the Nile’s average colt sold for $395,000 at the 2016 November Keeneland sale versus $237,000 at the 2015 November Keeneland sale for a 67% increase. Additionally, his yearlings increased to $310,258 in 2016 from $197,571 in 2015, a 57%.
Milania is expected to give birth in February or March 2017. The Company expects to sell her offspring as a weanling at the 2017 November sale and stud her to a new sire in March 2017.
Pioneerof the Nile is among the leading sires with 4 crops of racing age that includes the following: 329 foals, 174 starters, 16 black-type winners, 128 winners of 271 races and earning $19,914,401, including triple crown champion American Pharoah. Pioneerof the Nile’s colt weanlings have so far sold for an average of $360,000 in 2016. Milania was sired by Bernardini who was a Champion 3-year-old colt who won $3,060,480 including the Preakness. Milania’s dam is Keeper Hill who won $1,661,281 and multiple stakes races including the Kentucky Oaks.
About Buscar Company. The Company is engaged in the buying, selling and racing of thoroughbreds. The Company’s focus is acquiring thoroughbreds that can race in the allowance and stakes level of thoroughbred racing; however, the Company will initially begin acquiring thoroughbreds in the claiming level of thoroughbred racing. More information can be found at www.buscarcompany.com.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.