TORONTO, June 7, 2011 /CNW/ - Further to Alexandria Minerals
Corporation's (the "Company") press release on Tuesday, July 7th, 2011, the Company wishes to clarify the contract of services with
Vantage Communications Ltd. ("VantageWire") previously announced.
The Company has retained the services of Vantage Communications Ltd.
("VantageWire"), an Investor Relations service provider, to act as a
marketing and investor relations consultant for the Company, with an
industry leading website at www.VantageWire.com that provides investors free, real-time stock quotes on all Canadian
and US markets.
VantageWire will provide marketing and investor relations consulting
services for a period of 1 year. Compensation for these services will
be an initial fee of $12,000 (CAD) and an additional $12,000 (CAD) in 6
months time, and subject to approval by the TSX Venture Exchange
("TSXV"). In addition the Company has approved 250,000 incentive stock
options to VantageWire exercisable at a price of $0.30 (CAD) for a
period of 1 year, subject to approval by the TSXV. These incentive
stock options shall become vested over a period of not more than 12
months with 25% of these options vested every three months.
WARNING: 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
SOURCE Alexandria Minerals Corp.
For further information:
Andreas Curkovic, Investor Relations
Eric Owens, President/CEO