Stronghold Engages First Canadian Capital Corp. to Provide Investor Relation Services
14 Noviembre 2011 - 10:51AM
Marketwired
("Stronghold" or the "Company") (TSX
VENTURE:Z)(OTCQX:SDMTF)(FRANKFURT:E9X) -
Stronghold Metals Inc. ("the Company"), is pleased to announce
that the Company has entered into an agreement (the "Consulting
Agreement"), with First Canadian Capital Corp. ("First Canadian").
First Canadian will provide strategic marketing and investor
relations services to the Company. The Consulting Agreement is for
a term of one year, subject to extension, unless terminated earlier
by the parties in accordance with the terms of the Consulting
Agreement.
Pursuant to the Consulting Agreement, the Company grants First
Canadian an option package consisting of a total 350,000 options
exercisable at incremental prices and paying a monthly fee. The
Company has granted First Canadian options (the "Options") of the
Company to acquire 150,000 shares at a price of $0.34 per share,
80,000 shares at $0.45 per share and 120,000 shares at $.60 per
share. The Options expire on the earlier of two years from the date
of the Consulting Agreement and 30 days after First Canadian ceases
to provide the services set out in the Consulting Agreement. In
accordance with TSX Venture Exchange policies, the Options will be
subject to vesting provisions over a 12 month period.
Mr. Ioannis (Yannis) Tsitos, Stronghold's President and Chief
Executive Officer stated: "We are very pleased to retain First
Canadian as our investor relations consultants, especially as they
are known to be very selective in their engagements. We have
completed 103 of the 150 diamond drill Holes in the current program
at Eagle Mountain and have so far only announced the assay results
from 32 of those holes. We anticipate that there will be a steady
series of announcements over the coming months as the analytical
results become available and our program matures with the addition
of further technical studies, such as metallurgical tests and
environmental studies in early 2012. First Canadian will ensure
that those results reach a wide and diverse audience."
About the Stronghold Metals Inc.
Stronghold Metals is an emerging mid-sized gold exploration and
development Company with its primary property, the Eagle Mountain
gold project, located in Guyana, South America.
About First Canadian Capital Corp.
www.firstcanadiancapital.com
First Canadian Capital Corp. (FCCC) has been providing investor
relations services for more than a decade, specializing in
providing investor relations services to emerging small-cap and
mid-tier companies. FCCC's core competencies are found in
identifying quality assets and undervalued companies with high
growth potential and providing effective investor relations and
market awareness services to these companies. FCCC is proud to have
had 2 clients win the PDAC Prospector of the Year Award.
On behalf of The Board of Directors of Stronghold Metals
Inc.
Ioannis (Yannis) Tsitos, President, Chief Executive Officer
& Director
This document contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not
under the corporations control which may cause actual results,
performance or achievements of the corporation's to be materially
different from the results, performance or expectation implied by
these forward looking statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: First Canadian Capital Corp. Daniel Boase
1-866-580-8891dboase@firstcanadiancapital.comwww.strongholdmetals.com
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