TSX Venture Exchange Symbol: NWM
TORONTO, Feb. 19, 2013 /CNW/ - NWM Mining Corporation ("NWM" or the "Company") (TSX-V: NWM) is pleased to announce that due to a significant increase in the level of interest from the U.S. investment community, the Company has retained the services of USA Investor Link LLC, subject to the acceptance of the TSX Venture Exchange.
USA Investor Link LLC, based in Fort Lauderdale, Florida (and with offices in San Francisco, Chicago and New York), will provide business development and investor relations services to the Company, including roadshow management and research/feedback from investors. USA Investor Link will seek to build broader market awareness of NWM and its producing gold properties and exploration projects within the retail, brokerage and institutional investment communities in the U.S., as well as Europe and Asia.
Chris Chadder CFO of NWM states: "We have a compelling story to tell that is changing rapidly and we look forward to working with USA Investor Link to further our reach beyond Canada."
In consideration for its services, the Company has agreed to pay USA Investor Link a fee of US $10,000 per month for an initial term of six months commencing February 19, 2013, (with an additional US $20,000 in the first month), after which the Agreement continues on a month to month basis subject to the Company's right to terminate the retainer upon one month's notice. It is contemplated that the Company will award options to USA Investor Link within the initial term, subject to TSX Venture Exchange approval (with details to follow in a future press release).
About NWM Mining Corporation
NWM is in commercial gold production at its wholly owned Lluvia-Jojoba gold mine. The mine is an open pit heap leach operation in Sonora State, Mexico. Management believes the property is significantly under-explored and hosts potential to provide further gold discoveries and resource and reserve upgrades. While management has focused in the past on developing the mine and supporting cash flows, the focus in 2013 will shift to increasing mining rates and drilling to expand geological resources and reserves. Cash flows from mining operations are expected to be used for exploration which can result in adding resources and creating shareholder value.
About USA Investor Link LLC
USA Investor Link LLC (www.usainvestorlink.com) provides specialized business development and investor relations consulting services to a select group of leading emerging and mid-capitalization companies, with an objective of taking our clients to the next level. Operating coast to coast from regional offices in San Francisco, Chicago, New York and Miami, and with affiliates in Europe and Asia, USA Investor Link assists companies in gaining exposure to an established international network of financial industry professionals. This broad network includes investment advisors, bank owned investment dealers, leading independent financial firms, hedge funds and other institutional buyers. In addition, USA Investor Link provides traditional investor relations services including tailored international marketing and communications strategies.
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 of this release.
SOURCE: NWM Mining Corporation
For further information:
Chris Chadder, CFO
USA Investor Link LLC
James (John David) Barnett