Eaglecrest Announces the Appointment of Investor Relations Consultants
10 Enero 2011 - 10:08AM
Marketwired
EAGLECREST EXPLORATIONS LTD. ("Eaglecrest"; the "Company") (TSX
VENTURE: EEL)(PINK SHEETS: ECRTF)(FRANKFURT: EAT) is pleased to
announce it has entered into an agreement to retain Progressive IR
Consultants Corp. ("Progressive") as its investor relations and
corporate communications service provider. Progressive will be
responsible for managing the flow of information of the Company to
the Shareholders.
For its services, Progressive will receive $7,500.00 (plus
H.S.T) per month. The Company will grant Progressive stock options
with an expiry period of two years (subject to early termination)
to acquire 200,000 shares in the capital of the Company at an
exercise price of $0.45 per share. The options will vest over one
year with 50,000 options becoming exercisable every three months.
The term of the arrangement is for one year with a minimum period
of six months, after which, the Company may terminate the agreement
with 30 day's written notice. An additional 50,000 options with a
two year expiry period (subject to early termination) will be
granted at the end of the first six months of the agreement with an
exercise price equivalent to the closing price of the Company's
shares on the TSX Venture Exchange on the immediately preceding
day. The agreement and the granting of options are subject to
acceptance by the TSX Venture Exchange.
About Progressive IR
Progressive is a Vancouver based company providing investor
relations services for public companies. Progressive approaches the
task of providing investor relations with emphasis on multi-level
communication, regular updates and thorough record keeping.
Progressive employs traditional marketing techniques and augments
them with modern technological communication. Their marketing
technique strengthens lines of communication with existing
shareholders, presents the Company's story to the large pool of
qualified investors in a proprietary database, and reaches out to
financial advisors and other important members of the investment
community. For more information, please visit the website
www.progressive-ir.com.
About Eaglecrest
Eaglecrest Explorations Ltd. is systematically exploring
promising gold projects in Colombia and Bolivia. The management and
geologic teams at Eaglecrest are comprised of industry experts
involved in gold discoveries over the past three decades with both
junior and major mining companies. With this seasoned team and the
increased sentiment towards gold, Eaglecrest looks to accelerate
the capitalization of its Bolivian asset, while shifting focus to
securing interests in and initiating the exploration programs at
the Fredonia and Venecia projects, Colombia, south of Medellin.
If you would prefer to receive news releases via email please
contact Eaglecrest (eel.tsxv@telus.net) and specify "Eaglecrest
news" in the subject line.
Please visit the Company's website at
www.eaglecrestexplorations.com.
Neither the TSX Venture nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture) accepts
responsibility for the adequacy or accuracy of this release.
Contacts: Eaglecrest Explorations Ltd. Hans Rasmussen President
and CEO 604-684-7160 hans@eaglecrestexplorations.com
www.eaglecrestexplorations.com Progressive Investor Relations
Benjamin Curry Direct: 604-689-2881 ben@progressive-ir.com
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