TORONTO, March 27, 2012 /CNW/ - Asher Resources Corp. ("Asher" or the "Company") (TSXV: ACN) is pleased to announce that it has retained First Canadian Capital Corp. to provide Investor Relations services to further raise investor awareness and attract investment for Asher.
The term of the Investor Relations engagement is for one year at a fee of $6,000 per month; however, the agreement may be terminated after month six. Asher has granted to First Canadian Capital Corp. an option to purchase a total of 175,000 common shares of Asher at $0.40 which shall vest quarterly in accordance with the policies of the TSXV. All shares acquired are subject to a 4-month hold period which commences on the date of grant.
About First Canadian Capital Corp. www.firstcanadiancapital.com
Based in Toronto and in the investor relations business for fifteen years, First Canadian Capital Corp. has assisted numerous North American corporations in gaining exposure and recognition within the global investment community and specializing in providing investor relations services to emerging small-cap and mid-tier companies. FCCC's core competencies are found in identifying quality assets and undervalued companies with high growth potential and providing effective investor relations and market awareness services to these companies. FCCC is proud to have had two clients win the PDAC Prospector of the Year Award.
About Asher Resources www.asher-resources.com
Asher Resources Corporation is a gold exploration company headquartered in Toronto, Ontario, with a regional office in Reno Nevada. Asher's mission is to discover and develop high quality North American precious metal resources with its current focus in southern BC and the Nevada Great Basin.
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 release.
The forward-looking information contained in this press release is made as of the date hereof and Asher undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For further information:
Please contact Richard Buzbuzian at:
Telephone: (647) 501-3290