Whetstone Announces Investor Relations Agreement With CR Financial Research Inc.
23 Noviembre 2011 - 5:00PM
Marketwired
Whetstone Minerals Ltd. ("Whetstone")(TSX VENTURE:WMI) announced
today that it has entered into an investor relations agreement with
CR Financial Research Inc. ("CR Financial") whereby CR Financial
will provide investor relations services including preparation and
dissemination of written reports and articles describing the
publicly disclosed activities of Whetstone and interaction with
investors and shareholders. In consideration for these services, CR
Financial will receive $3,000 per month for an initial 6 month
term, which term may be extended for a further six months on terms
to be mutually agreed. In addition, CR Financial has been granted
an option to purchase 250,000 common shares of Whetstone at an
exercise price of $0.15 per share exercisable for a term of two
years from the date of grant. The options vest as to one-quarter
thereof every four months, commencing on the date of grant. The
investor relations agreement, the payment of the cash fee and the
issuance of stock options are subject to the approval of the TSX
Venture Exchange.
There is no prior relationship between Whetstone and CR
Financial, nor is there any prior direct or indirect interest in
Whetstone or its securities or any right to acquire such an
interest on the part of CR Financial. CR Financial, based in
Toronto, Ontario provides research services to public companies as
well as institutional and accredited investors.
About Whetstone Minerals Ltd.: Whetstone Minerals Ltd. is a gold
exploration and development company focused on Zimbabwe, where it
owns a number of advanced exploration projects including several
former producing mines. Whetstone's common shares are listed on the
TSX Venture Exchange under the trading symbol "WMI". Whetstone is
pursuing a two pronged growth strategy through aggressive property
and corporate acquisitions as well as adding resources through the
drill bit. Whetstone's website address is
www.whetstoneminerals.com.
Forward-Looking Statements: Statements in this news release,
including but not limited to Whetstone's ongoing relationship with
CR Financial and the continuation of the relationship beyond the
initial term constitute forward-looking statements. Forward-looking
statements are subject to a variety of risks and uncertainties
which could cause actual events or results to differ from those
reflected in the forward looking statements including, without
limitation, business risks and risks and uncertainties relating to
regulatory approval. Statements containing forward-looking
information express, as at the date of this news release,
Whetstone's plans, expectations, or beliefs as to future events or
results and are believed to be reasonable based on information
currently available to Whetstone. There can be no assurance that
forward-looking statements will prove to be accurate. Actual
results and future events could differ materially from those
anticipated in such statements. Readers should not place undue
reliance on forward-looking information. Whetstone does not
undertake to update any forward-looking information except in
accordance with applicable securities laws.
To be added to Whetstone's private email list, please contact
info@whetstoneminerals.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Whetstone Minerals Inc. Allan Dolan Chairman and
Interim Chief Executive Officer +44 (77) 9697 3008
Whetstone Minerals Ltd. (TSXV:WMI)
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