VANCOUVER, Oct. 29 /CNW/ - Novawest Resources Inc. (NVE: TSX-V) is
pleased to announce it has retained the services of AGORACOM Investor
Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor
relations services, a Web 2.0 social network for current shareholders and
Tier-1 awareness through the world's biggest websites for the purpose of
attracting new shareholders.
ONLINE INVESTOR RELATIONS MAXIMIZES SPEED, TRANSPARENCY AND ACCESS TO
In response to overwhelming data representing the online research and
communications habits of small-cap investors, Novawest has turned the primary
focus of its investor relations to the web via the AGORACOM system to
facilitate faster, better and more accessible communications with both current
and prospective shareholders around the world.
Effective November 8th, a customized and monitored Novawest IR HUB
(http://www.agoracom.com/ir/Novawest) will allow both the Company and AGORACOM
to communicate with all investors simultaneously, anytime and in near
real-time. Our new IR HUB will also provide management with the ability to
extend communications beyond text via audio messages, video presentations,
webcasts and podcasts. In addition to traditional e-mail, investors will also
have the ability to receive all communications via RSS feed.
LAUNCH OF NOVAWEST COMMUNITY
The Novawest IR HUB propels the Company into the forefront of Web 2.0
community building by providing investors with two very important functions.
First, a monitored discussion forum for the purposes of constructive and
high-quality discussion amongst investors that is free of spam, profanity and
misinformation. Second, a social network that provides investors with the
ability to create extensive profiles that include photos, bios, video messages
to fellow investors, a rating system and other important items to create a
closer bond between our shareholders.
TIER-1 EXPOSURE AND AWARENESS
As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" to
Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on the
planet, AGORACOM will provide Tier-1 financial coverage of all newsworthy
Novawest press releases as well as interviews and features for the purposes of
attracting new and prospective shareholders.
Novawest Resources Inc. President and CEO, Patrick O'Brien, stated, "I
believe the time has now come to significantly increase our communications
with both existing shareholders and the massive online small-cap community of
investors that are searching for their next great investment. I strongly
encourage our shareholders to begin taking advantage of our new online IR
system, which demonstrates we are a fully accessible organization with a great
story to tell."
The terms of the agreement are as follows:
Duration -12 months.
Monthly Cash Compensation - $3,000 Cdn.
Stock Options - 250,000 shares at $0.165 Cdn per share representing the
close of trading on October 25th, 2007.
This agreement has been negotiated entirely at arm's length. AGORACOM is
located in Toronto, Ontario.
AGORACOM Investor Relations (http://www.AgoracomIR.com) is North
America's largest online investor relations firm for small-cap companies. We
have partnered with the world's biggest internet companies, including Yahoo,
AOL, Google and Blackberry to market our clients to a massive audience of new
small-cap investors. We have served over 200 companies since 1997.
AGORACOM Investor Relations has displaced the telephone and e-mail as
primary IR communications devices. Our IR HUB delivers two-way investor
relations in near real-time that is 24/7/365 accessible to shareholders around
the world and goes far beyond text by offering both audio and video
AGORACOM (http://www.Agoracom.com) is North America's only small-cap
community built to serve the needs of serious small-cap and micro-cap
investors. No rumours, profanity, stock bashing or hyping. Our traffic ranking
is above the top 1% of all websites around the world.
About Novawest Resources Inc.
Novawest is an exploration firm focused on prime projects throughout
North America. We own and acquire properties, we explore for precious metals,
base metals and diamonds. During the last few years we have succeeded in
building a very valuable portfolio of strategically located mineral claims and
assemblages throughout the provinces of Ontario and Quebec in Canada. These
properties include thousands of claims, covering hundreds of square kilometres
of property prospective for Gold, Diamonds, Platinum, Palladium, Nickel,
Copper, Cobalt, Zinc and Silver.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This News
Release includes certain "forward-looking statements." All statements other
than statements of historical fact included in this release, without
limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Novawest, are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to differ
materially from Novawest's expectations are exploration risks, commodity
prices, assumed startup and operating costs detailed herein and from time to
time in the filings made by Novawest with securities regulators. We seek safe
ON BEHALF OF THE BOARD OF DIRECTORS OF NOVAWEST RE
"Patrick D. O'Brien"
Patrick D. O'Brien - Chairman
Novawest invites the public to visit its website at
http://www.novawest.com or e-mail the company at email@example.com to be
added to the company's e-mail list for press releases and updates.
S.E.C.Exemption12(g)3-2(b) File No. 82-3822, Standard & Poors Listed, Dun
& Bradstreet Listed
For further information:
For further information: Novawest Resources Inc., Suite 1600, The Bower
Building, 543 Granville Street, Vancouver, British Columbia, Canada, V6C 1X8,
Tel: (604) 683-8990, Toll Free: 1-800-663-8990, Fax: (604) 683-8903,