Symbol: CNG - TSX.V
VANCOUVER, March 31 /CNW/ - Canadian Mining (the "Company") announces that effective immediately it has retained the services of Bay Street Connect of Toronto to implement an investor relations program which includes the introduction of the Company to the investment community and marketing and informational campaigns intended to broaden the Company's shareholder base.
Bay Street Connect is an independent investor relations firm operated by Gus Garisto, Michael D'Amico and Steve Zinanni, which has been providing investor relations services to Canadian public companies in the resource industry since 2003. Focusing on direct communication and face-to-face meetings, it has assisted numerous organizations in improving relationships within the investment community.
In consideration for their services, Bay Street Connect will be paid a monthly fee of $3,000 plus allowable disbursements for an initial period of three months and thereafter on a month-to-month basis. Subject to regulatory approval, Canadian Mining has also granted to Bay Street Connect stock options to purchase up to 150,000 common shares of the Company at a price of $0.10 per share, subject to the Company's Stock Option Plan.
Bay Street Connect holds no direct or indirect interest in the Company other than the stock options granted under the investor relations agreement.
On behalf of the Board
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
SOURCE Canadian Mining Company Inc.
For further information: For further information: Mr. Ray Paquette, (604) 684-3301; Please see our web site for additional details: www.canadianmining.ca