TORONTO, Sept. 28, 2012 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) ("Strata" or the "Company") is pleased to announce that it has retained San Diego Torrey Hills Capital, Inc. ("Torrey Hills") to act as investor relations consultants to the Company. Torrey Hills, located in Rancho Santa Fe, California, will work on its Strata engagement with Red Cloud Capital Mining ("Red Cloud"), based in Toronto, Ontario, to service Canadian audiences.
Services to be provided by Torrey Hills and Red Cloud include increasing awareness about Strata through their established relationships with investment professionals, investment advisors, and money managers focused on the microcap market space. This will allow Strata to build and maintain an informed investor audience in both the U.S and Canadian marketplaces.
Torrey Hills has been engaged on a month-by-month basis at a monthly fee of US$7,000. In addition, Strata has agreed to grant options to purchase 400,000 common shares of the Company (the "Options") at a price of CDN$0.15 per common share for a period of three years from the date of grant. The Options shall be subject to the terms of the Company's stock option plan and the policies of the TSX Venture Exchange and will vest in 12 equal installments over the first 12 months of the engagement.
Torrey Hills currently has no direct or indirect interest in the securities of Strata, or any right or intent to acquire such an interest except pursuant to the exercise of the above referenced Options. The appointment of Torrey Hills as an investor relations consultant of Strata and the granting of the Options remain subject to regulatory acceptance of applicable filings with the TSX Venture Exchange.
About Torrey Hills and Red Cloud
Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and micro-cap companies, primarily in the natural resource sector. Torrey Hills provides exposure to top-tier micro-cap investors through (i) the coordination of conference calls and the scheduling of one-on-one and group road show meetings between management and investment professionals and (ii) the Company's website, www.babybulls.com.
Red Cloud offers strategic planning, capital markets support, and marketing solutions to quality emerging mining companies. The Red Cloud team is headed by Chad Williams, former CEO of Victoria Gold Corp. and head of investment mining at Blackmont Capital.
About Strata Minerals Inc.
Strata Minerals Inc., is an emerging, Australasia focused, agricultural nutrient company exploring for commercial scale phosphate rock mineralization deposits. Armed with the objectives of becoming a supplier to the global fertilizer industry and generating wealth for its shareholders, Strata is currently advancing its phosphate exploration projects in Western Australia and Queensland and intends to broaden its focus to other agricultural nutrients including potash and lime. All references to the Company in this release include the Company's wholly owned Australian subsidiary, Strata Minerals Pty Ltd. For further information, please refer to the Company's website at www.strataminerals.com.
Special Note Regarding Forward-Looking Statements
Certain statements included herein constitute forward-looking statements. The words "expect", "intend", "anticipate", "propose" and "may" and similar expressions identify forward-looking statements. Forward-looking statements include, among other things, statements regarding the exploration, development and operation of Strata's mineral properties and increasing investor awareness of Strata's activities. Forward-looking statements are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management teams of Strata, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks and accordingly may not occur as described herein or at all. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.
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 news release.
SOURCE: Strata Minerals Inc.
For further information:
Peter Kozicz, President & CEO
Tel: 1 416 460-1159
Brent Lokash, EVP & CFO
Tel: 1 604 862-5190