MONTREAL, Aug. 29, 2017 /CNW/ - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce that it has been selected for inclusion into the Richmond Club Index which has outperformed the TSX Venture Exchange by an average of 26% each year since inception ten years ago. The Richmond Club screens thousands of companies before it then interviews senior management and carefully selects the best company which it believes is undervalued and has excellent growth potential.
"We are pleased to have been chosen to join the Richmond Club Index," said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. "Membership in this index validates the opportunity that Monarques currently represents for investors as an emerging gold producer in Quebec's Abitibi region, and should help raise the Corporation's profile among the financial community."
About The Richmond Club Index
The Richmond Club Index's success is attributed to: 1) picking quality, undervalued, high growth potential companies and 2) showcasing them to its membership base which tends to increase the stock's liquidity and puts upward pressure on the price. Companies in the Richmond Index are invited to make a presentation twice over the twelve-month term. In addition to the live audience, a video is taken of each presenter and synchronized with the company's PowerPoint slides so that people on the Internet can see exactly what the live audience sees. Internet web statistics show that each video is seen 300-500 times over the first thirty days of the video being posted on the Richmond Club website.
To cover the costs relating to the investor luncheon presentations, video production and web promotion, Monarques has agreed to pay Streetwise Investors Club Inc., owner of the Richmond Club, $1,650.00 plus HST per month for the twelve month term that Monarques will be in the Richmond Club Index.
ABOUT MONARQUES GOLD CORPORATION
Monarques Gold is a growing junior gold company focused on becoming the leading explorer and developer of gold properties in the Val-d'Or/Abitibi gold camp in Quebec, Canada. The Corporation currently has approximately 200 km² of gold exploration properties (see map) along the Cadillac Break, as well as its main asset, the Croinor Gold mine, which has great potential to become a producing mine. Monarques Gold is well financed and has close to $9 million in credits from Quebec's Ministry of Energy and Natural Resources.
The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques' actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither 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 press release.
SOURCE Monarques Gold Corporation
For further information: Jean-Marc Lacoste, President and CEO, 1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist - Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.com