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TORONTO, March 23 /CNW/ - Atlanta Gold Inc. (TSXV: ATG) announces that it has entered into an agreement with Investor Cubed Inc.("Investor Cubed") which will provide investor relations services to the Company, including advice on investor communications, shareholder information and public relations.
Under the terms of this agreement, which is subject to the approval of the TSX Venture Exchange, the Company will pay to Investor Cubed a fee of $5,000 per month and will issue to Investor Cubed options to purchase 1,100,000 common shares over the term of the Agreement exercisable at a price of $0.18 per share and vesting in four equal installments over the next 12 months.
This Agreement has an initial term of twelve (12) months commencing March 23, 2010 unless otherwise terminated or renewed by the parties.
We look forward to working with Investor Cubed and believe its services will complement those provided to us by CHF Investor Relations", said Bill Baird, President and CEO of the Company.
About Investor Cubed Inc.
Investor Cubed provides two complementary business services; specialized investor relations services for small capitalization Canadian companies and capital markets services for asset managers.
Investor Cubed identifies Canadian companies with exceptional growth potential and guides them to the prominence that they deserve with retail and institutional investors alike. By being where venture capital meets capital markets, Investor Cubed fills a vitally important market niche. Thus, Investor Cubed provides unique investor relations' services and strategic guidance on capital markets' issues to a select group of Canadian small capitalization companies. In addition Investor Cubed advises investment firms on the development of structured products, mutual funds and alternative offerings and provides distribution services to deliver these products to the Canadian investment community.
About the Company
Atlanta Gold Inc. (TSXV: ATG) holds through its 100% owned subsidiary, Atlanta Gold Corporation, leases, options or ownership interests in its Atlanta properties which comprise approximately 2,197 acres located 65 miles east of Boise, in Elmore County, Idaho. A long history of mining makes Atlanta very suitable for development of new mining projects.
The Company is focused on advancing its core asset, Atlanta, towards mine development and production and on acquiring, exploring and developing other attractive gold projects.
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.
SOURCE Atlanta Gold Inc.
For further information: For further information: Atlanta Gold Inc.: Bill Baird, President and CEO, Telephone: (416) 777-0013, Fax: (416) 777-0014, E-mail: email@example.com; Investor Cubed Inc.: Neil Simon, Telephone: (647) 258-3310, (888) 258-3323, Fax: (416) 366-7977, E-mail: firstname.lastname@example.org; CHF Investor Relations: Christopher Haldane, Account Manager, Telephone: (416) 868-1079, extension 237, Fax: (416) 868-6198, E-mail: email@example.com