Las Vegas, NV , May 25, 2022 (GLOBE NEWSWIRE) -- All American Gold Corp. (OTC Pink: AAGC) is pleased to inform the public about recent and future advancements of Hollywood Star Cuts.

Hollywood Star Cuts, a rapidly growing chain of full-service hair salons with a fun and exciting Hollywood and Southern California theme, is delighted to update the public concerning the Company’s enormous accomplishments thus far in 2022 and beyond. Hollywood Star cuts is a wholly owned subsidiary of All American Gold Corp.

On May 12th, 2022, management of All American Gold Corp. and Hollywood Star Cuts met with a group that owns and operates a multi-location franchise of a National Haircutter located in the Greater Las Vegas area. The Las Vegas, Nevada based group indicated to the management of Hollywood Star Cuts that they were displeased with their current franchise agreement.

On May 17th, 2022, the lead partner of the Las Vegas based group visited the Hollywood Star Cuts Flagship location in Nampa, Idaho. The group’s representative was able to see the layout and witness the Movie Star experience in person. They were very impressed with the concept and the execution of the business model.

On May 19th, 2022, the group agreed to convert their existing locations in the Greater Las Vegas area into Hollywood Star Cuts and become the exclusive franchise representative in Southern Nevada once their current agreement expires with their current franchisor. Their agreement is set to expire on the last day of November 2022. The Las Vegas Group currently operates 7 franchise locations and has lease agreements to open and operate 3 more locations in the next 6 months, bringing the total of locations to be converted to Hollywood Star Cuts to 10 in Southern Nevada.

Hollywood Star Cuts is adapting a rapid growth strategy. This strategy includes growth through expansion of Corporate owned stores, as well as implementing an aggressive franchise program Nationally.

Currently, All American Gold Corp and Hollywood Star Cuts has agreements with groups in 3 lucrative and rapidly expanding geographic areas. Those areas are the Tampa Florida, the Naples Florida and the Las Vegas, Nevada areas. Hollywood Star cuts is also in discussions with an experienced group interested in operating the Hollywood themed full-service salons in the Central Texas area.

Hollywood Star Cuts is currently preparing for the grand opening of its newest location at 279 N Milwaukee Blvd, Boise, Idaho.

https://www.globenewswire.com/news-release/2022/05/25/2450438/0/en/Hollywood-Star-Cuts-Accelerates-Its-Rapid-Growth.html