STOCK TITAN

Gold79 Engages Investor Relations Agency Kin Communications Inc.

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Gold79 Mines has announced the engagement of Kin Communications as its investor relations agency. The 12-month agreement, with month-to-month continuation options, includes a monthly payment of CDN$15,000 plus GST. Kin will receive 500,000 stock options with a five-year term, vesting quarterly in accordance with TSX-V policy. The agreement and stock options are subject to TSX-V approval. Kin Communications, owned by Arlen Hansen, will assist with investor relations activities, including communication with investment professionals and media.

Gold79 Mines ha annunciato l'ingaggio di Kin Communications come suo agenzia per le relazioni con gli investitori. L'accordo di 12 mesi, con opzioni di continuazione mese per mese, prevede un pagamento mensile di 15,000 CAD più GST. Kin riceverà 500,000 opzioni su azioni con un termine di cinque anni, con riferimento alle modalità di vesting trimestrale secondo le politiche TSX-V. L'accordo e le opzioni su azioni sono soggetti all'approvazione del TSX-V. Kin Communications, di proprietà di Arlen Hansen, assisterà nelle attività di relazioni con gli investitori, compresa la comunicazione con professionisti e media nel settore degli investimenti.

Gold79 Mines ha anunciado el compromiso de Kin Communications como su agencia de relaciones con inversores. El acuerdo de 12 meses, con opciones de continuación mes a mes, incluye un pago mensual de 15,000 CAD más GST. Kin recibirá 500,000 opciones sobre acciones con un plazo de cinco años, con un vesting trimestral de acuerdo con la política de TSX-V. El acuerdo y las opciones sobre acciones están sujetos a la aprobación de TSX-V. Kin Communications, propiedad de Arlen Hansen, ayudará con las actividades de relaciones con inversores, incluyendo la comunicación con profesionales de inversiones y medios de comunicación.

Gold79 MinesKin Communications를 투자자 관계 에이전시로 고용했다고 발표했습니다. 12개월 계약은 월별 연장 옵션을 포함하며, 매월 15,000 캐나다 달러와 GST가 지불됩니다. Kin은 500,000주 스톡 옵션을 수령하며, 5년 동안 TSX-V 정책에 따라 분기별로 권리가 발생합니다. 이 계약과 스톡 옵션은 TSX-V 승인을 받아야 합니다. Arlen Hansen이 소유하는 Kin Communications는 투자 전문가 및 미디어와의 커뮤니케이션을 포함한 투자자 관계 활동을 지원할 것입니다.

Gold79 Mines a annoncé l'engagement de Kin Communications en tant qu'agence pour les relations avec les investisseurs. L'accord de 12 mois, avec des options de prolongation mensuelles, comprend un paiement mensuel de 15 000 CAD plus GST. Kin recevra 500 000 options d'achat d'actions avec un terme de cinq ans, vestant trimestriellement conformément à la politique de la TSX-V. L'accord et les options d'achat d'actions sont soumis à l'approbation de la TSX-V. Kin Communications, détenue par Arlen Hansen, aidera aux activités de relations avec les investisseurs, y compris la communication avec des professionnels de l'investissement et les médias.

Gold79 Mines hat die Engagement von Kin Communications als seine Agentur für Investorenbeziehungen bekannt gegeben. Der 12-Monats-Vertrag, mit monatlichen Verlängerungsoptionen, enthält eine monatliche Zahlung von 15.000 CAD zuzüglich GST. Kin erhält 500.000 Aktienoptionen mit einer Laufzeit von fünf Jahren, die vierteljährlich gemäß der TSX-V-Richtlinien übertragen werden. Der Vertrag und die Aktienoptionen unterliegen der Genehmigung von TSX-V. Kin Communications, im Besitz von Arlen Hansen, wird bei den Aktivitäten im Bereich Investorenbeziehungen helfen, einschließlich der Kommunikation mit Investmentprofis und Medien.

Positive
  • None.
Negative
  • Increased operational expenses with CDN$15,000 monthly IR costs
  • Potential shareholder dilution from 500,000 new stock options

Ottawa, Ontario--(Newsfile Corp. - November 6, 2024) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) ("Gold79" or the "Company") is pleased to announce that it has engaged Kin Communications Inc. ("Kin") to assist with its investor relations activities.

Kin Communications is a full-service investor relations agency with a deep understanding and record of accomplishment in the junior mining exploration and development sector. Kin works towards fostering long-term relationships with shareholders, investment professionals, newsletter writers, and media to assist companies in communicating their corporate message to its prospective audience.

Under the terms of the investor relations agreement, Kin has agreed to assist Gold79 with its investor relations activities, including communicating with investment advisors, analysts, portfolio managers and media for a period of 12 months and on a month-to-month basis thereafter. In consideration for the services, the Company has agreed to pay Kin CDN$15,000 per month plus GST for the initial 12-month period and will grant 500,000 stock options having a five year term to expiry from the grant date. Vesting of the stock options will be quarterly following the grant date in accordance with TSX Venture Exchange ("TSX-V") policy. These stock options will be granted within 90 days of the engagement date.

Kin Communications Inc. is owned by Arlen Hansen of North Vancouver. Neither Kin or Arlen Hansen currently own any securities of Gold79.

The investor relations agreement with Kin and the grant of stock options thereunder are subject to the approval of the TSX-V.

About Kin Communications

Kin Communications is a full-service investor relations agency delivering last-mile IR services across multiple industries including technology, mining, energy, and more since 2007. Through the Kinvestor brand, Kin also creates opportunities for investors and public companies to connect through its virtual investor conferences.

Kin Communications was the agency of record for Ventana Gold, Nevsun Resources, NexGen Energy, ISOEnergy, Sigma Lithium, Potash One, and engages with like-minded, value driven publicly traded companies aiming to create shareholder value with integrity.

For more information about Kin Communications, please visit kincommunications.com, follow us on Twitter and LinkedIn, or subscribe to our YouTube channel.

About Gold79 Mines Ltd.

Gold79 Mines Ltd. is a TSX-V listed company focused on building ounces in the Southwest USA. Gold79 has four gold projects, two of which are partnered with major gold producers (Kinross at Jefferson Canyon and Agnico at Greyhound). Gold79 is focused on establishing a maiden resource at its Gold Chain project in Arizona and advancing its Tip Top Project in Nevada.

For further information regarding this press release contact:
Derek Macpherson, Executive Chairman & CEO, Gold79
Phone: 416-294-6713
Email: dm@gold79mines.com

Or

Quentin Mai, President, Gold79
Phone: 604-764-1594
Email: quentin@gold79mines.com

Investor Relations
Kin Communications Inc.
604-684-6730
Auu@kincommunications.com

Stay Connected with Us:
Twitter: @Gold79Mines
Facebook: https://www.facebook.com/Gold79Mines
LinkedIn: https://www.linkedin.com/company/gold79-mines-ltd/

FORWARD-LOOKING STATEMENTS:

This press release may contain forward looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including the proposed Transaction with Bullet Exploration Inc. and proposed private placement or any future private placements, the uncertainty as to whether further exploration will result in the target(s) being delineated as a mineral resource, capital expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth of the business and operations, plans and references to the Company's future successes with its business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at www.sedar.com. Gold79 does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229003

FAQ

What are the terms of Gold79 Mines' (AUSVF) agreement with Kin Communications?

Gold79 Mines will pay Kin Communications CDN$15,000 per month plus GST for 12 months, with month-to-month continuation options. Additionally, Kin will receive 500,000 stock options with a five-year term, vesting quarterly.

How many stock options did Gold79 Mines (AUSVF) grant to Kin Communications?

Gold79 Mines will grant 500,000 stock options to Kin Communications, with a five-year term and quarterly vesting schedule, subject to TSX-V approval.

What services will Kin Communications provide to Gold79 Mines (AUSVF)?

Kin Communications will assist with investor relations activities, including communicating with investment advisors, analysts, portfolio managers, and media to help communicate Gold79's corporate message.

GOLD79 MINES LTD

OTC:AUSVF

AUSVF Rankings

AUSVF Latest News

AUSVF Stock Data

6.66M
26.60M
11.65%
2.74%
Other Precious Metals & Mining
Basic Materials
Link
United States of America
Manotick