VANCOUVER, May 15, 2020 /CNW/ - STUHINI EXPLORATION LTD. (TSX-V:STU)(" Stuhini" or, the " Company") is pleased to announce that Nicosia Capital ("Nicosia") has agreed to provide the Company with investor relations services.
Nicosia, a Vancouver-based investor relations firm specializing in the resource sector, will assist the Company in creating and implementing communication strategies that will facilitate relationships with finance professionals, the investing community and media contacts. Frank Lagiglia, Founder and Managing Director of Nicosia will work directly with the CEO of the Company on an as needed go-forward basis, with the primary focus on investor communications and to introduce Stuhini to Nicosia's retail, institutional, analyst and media networks.
Stuhini will issue 50,00 options exercisable for a period of 2 years priced at $0.25 per share to Mr. Lagiglia as an incentive to Nicosia for providing ongoing investor relations services. In addition, Nicosia will receive a monthly retainer of $2,000.00 CDN for a period of at least 6 months with a mutual option to extend for an additional 12 months at the same monthly retainer.
About Stuhini Exploration Ltd.: Stuhini is a mineral exploration company focused on the exploration and development of precious and base metals properties in western Canada with its focus on the Metla Property located in northwestern British Columbia approximately 150 kilometres south of the town of Atlin, the Ruby Creek Property located approximately 24 km east of Atlin British Columbia and the Que Project located approximately 70km north of Johnsons Crossing in the Yukon Territory.
Additional information on the Company and the Company's projects can be found on SEDAR.
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.
CAUTIONARY NOTE: This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "will be", "will have", "is expected to" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Important factors that could cause actual results to differ materially from the Company's expectations are the risks detailed herein and from time to time in the filings made by Stuhini Exploration Ltd. with securities regulators. Those filings can be found on the Internet at http://www.sedar.com.
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SOURCE Stuhini Exploration
For further information: Dave O'Brien, President and CEO, Stuhini Exploration Ltd., [email protected], Phone: 604 418-4019, Web: www.stuhini.com