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DLP Resources Announces Investor Relations Agreement

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DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) has announced an investor relations agreement with Max Reinhart, effective December 1, 2023, for a 12-month term. The consultant will provide advertising, marketing, and investor relations services to increase market awareness and expand the company's investment community reach.

As compensation, subject to TSX Venture Exchange approval, DLP will grant the consultant 150,000 stock options at $0.19 per share, exercisable for 3 years, with quarterly vesting over 24 months. Additionally, the consultant will receive a monthly fee of $6,000 from the company's working capital.

The consultant currently holds 650,000 common shares, 500,000 warrants at $0.40 per share (expiring January 31, 2027), and 150,000 stock options at $0.40 per share (expiring January 10, 2027).

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ha annunciato un accordo di relazioni con gli investitori con Max Reinhart, in vigore dal 1° dicembre 2023, per un periodo di 12 mesi. Il consulente fornirà servizi di pubblicità, marketing e relazioni con gli investitori per aumentare la consapevolezza del mercato e ampliare la portata della comunità d'investimento dell'azienda.

Come compenso, soggetto all'approvazione della TSX Venture Exchange, DLP concederà al consulente 150.000 opzioni su azioni a $0.19 per azione, esercitabili per 3 anni, con un periodo di maturazione trimestrale di 24 mesi. Inoltre, il consulente riceverà una fee mensile di $6.000 dal capitale di esercizio dell'azienda.

Il consulente attualmente detiene 650.000 azioni ordinarie, 500.000 warrant a $0.40 per azione (in scadenza il 31 gennaio 2027) e 150.000 opzioni su azioni a $0.40 per azione (in scadenza il 10 gennaio 2027).

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ha anunciado un acuerdo de relaciones con inversores con Max Reinhart, que entrará en vigor el 1 de diciembre de 2023, por un plazo de 12 meses. El consultor proporcionará servicios de publicidad, marketing y relaciones con inversores para aumentar la conciencia del mercado y ampliar el alcance de la comunidad inversora de la empresa.

Como compensación, sujeta a la aprobación de la TSX Venture Exchange, DLP otorgará al consultor 150,000 opciones sobre acciones a $0.19 por acción, ejercitables durante 3 años, con un periodo de adquisición trimestral de 24 meses. Además, el consultor recibirá una cuota mensual de $6,000 del capital de trabajo de la empresa.

El consultor actualmente posee 650,000 acciones ordinarias, 500,000 warrants a $0.40 por acción (que expiran el 31 de enero de 2027) y 150,000 opciones sobre acciones a $0.40 por acción (que expiran el 10 de enero de 2027).

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF)가 2023년 12월 1일부터 유효한 Max Reinhart와 투자자 관계 계약을 발표했습니다. 이 계약은 12개월 동안 유효합니다. 이 컨설턴트는 시장 인식을 높이고 회사의 투자 커뮤니티 범위를 확장하기 위해 광고, 마케팅 및 투자자 관계 서비스를 제공할 것입니다.

보상으로, TSX Venture Exchange의 승인을 조건으로 DLP는 컨설턴트에게 150,000 주식 옵션을 주당 $0.19에 부여하며, 이는 3년 동안 행사할 수 있고, 24개월에 걸쳐 분기별로 가득 차게 됩니다. 또한, 컨설턴트는 회사의 운영 자본에서 월 6,000 달러의 수수료를 받을 것입니다.

현재 이 컨설턴트는 650,000 보통주와 주당 $0.40에 500,000 개의 워런트를 (2027년 1월 31일 만료) 보유하고 있으며, 주당 $0.40에 150,000 주식 옵션(2027년 1월 10일 만료)을 보유하고 있습니다.

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) a annoncé un accord de relations avec les investisseurs avec Max Reinhart, effectif à partir du 1er décembre 2023, pour une durée de 12 mois. Le consultant fournira des services de publicité, de marketing et de relations avec les investisseurs pour accroître la notoriété sur le marché et élargir la portée de la communauté d'investissement de l'entreprise.

En compensation, sous réserve de l'approbation de la TSX Venture Exchange, DLP accordera au consultant 150.000 options sur actions au prix de 0,19 $ par action, exerçables pendant 3 ans, avec un droit d'acquisition trimestriel sur 24 mois. De plus, le consultant recevra une rétribution mensuelle de 6.000 $ du fonds de roulement de l'entreprise.

Le consultant détient actuellement 650.000 actions ordinaires, 500.000 bons de souscription à 0,40 $ par action (échéant le 31 janvier 2027), et 150.000 options sur actions à 0,40 $ par action (échéant le 10 janvier 2027).

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) hat eine Vereinbarung über Investor Relations mit Max Reinhart bekannt gegeben, die am 1. Dezember 2023 in Kraft tritt und eine Laufzeit von 12 Monaten hat. Der Berater wird Werbe-, Marketing- und Investor Relations-Dienstleistungen erbringen, um das Marktbewusstsein zu erhöhen und die Reichweite der Investitionsgemeinschaft des Unternehmens zu erweitern.

Als Vergütung, vorbehaltlich der Genehmigung der TSX Venture Exchange, wird DLP dem Berater 150.000 Aktienoptionen zu einem Preis von $0,19 pro Aktie gewähren, die 3 Jahre lang ausgeübt werden können und vierteljährlich über 24 Monate steigen. Zudem erhält der Berater eine monatliche Gebühr von $6.000 aus dem Betriebskapital des Unternehmens.

Der Berater hält derzeit 650.000 Stammaktien, 500.000 Warrants zu $0,40 pro Aktie (verfallen am 31. Januar 2027) und 150.000 Aktienoptionen zu $0,40 pro Aktie (verfallen am 10. Januar 2027).

Positive
  • None.
Negative
  • Additional dilution through 150,000 new stock options issuance
  • Increased operational expenses with $72,000 annual IR consulting fees

Cranbrook, British Columbia--(Newsfile Corp. - February 4, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces that it has entered into an investor relations agreement dated January 31, 2024 (the "Agreement") with Max Reinhart (the "Consultant"), pursuant to which the Consultant has agreed, effective December 1, 2023, to provide advertising, marketing and shareholder and investor relations services to the Company for a term of 12 months, subject to extension by mutual agreement of the parties.

The Consultant has been engaged to heighten market awareness for the Company and to broaden the Company's reach within the investment community. In conducting his marketing and advertising program, the Consultant will employ a number of different communication methods, including phone calls and emails.

Pursuant to the Agreement and subject to the approval of the TSX Venture Exchange (the "Exchange"), the Company will issue the Consultant 150,000 stock options at an exercise price of $0.19 for a term of 3 years. The options will vest one quarter upon the date of grant, one quarter after 6 months, one quarter after 12 months and the remainder after 24 months. The Company will also pay the Consultant a monthly cash fee of $6,000 which the Company intends to pay out of its general working capital account.

The Company and the Consultant act at arm's length. The Consultant has no present interest, directly or indirectly, in the Company or its securities, or any right or present intent to acquire such an interest, other than the following securities presently held by the Consultant: (i) 650,000 common shares of the Company; (ii) 500,000 common share purchase warrants exercisable at a price of $0.40 per share until January 31, 2027; and (iii) 150,000 stock options exercisable at a price of $0.40 per share until January 10, 2027. The Consultant's place of business is #1905 - 138 Esplanade East, North Vancouver, BC V7L 4X9.

The Investor Relations Agreement is subject to approval of the Exchange. The Consultant has agreed to comply with all applicable securities laws and the policies of the Exchange in providing the services to the Company.

About DLP Resources Inc.

DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt. DLP is listed on the TSX-V, trading symbol DLP and on the OTCQB, trading symbol DLPRF. Please refer to our web site www.dlpresourcesinc.com for additional information.

FOR FURTHER INFORMATION PLEASE CONTACT:

DLP RESOURCES INC.
Ian Gendall, President and Chief Executive Officer
Jim Stypula, Executive Chairman
Robin Sudo, Corporate Secretary and Land Manager
Maxwell Reinhart, Investor Relations
Telephone: 250-426-7808

Email: iangendall@dlpresourcesinc.com
Email: jimstypula@dlpresourcesinc.com
Email: robinsudo@dlpresourcesinc.com
Email: maxreinhart@dlpresourcesinc.com

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 Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, obtaining required regulatory approvals for the Agreement.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, delays in obtaining or failure to obtain required regulatory approvals for the Agreement.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the Company will obtain the required regulatory approvals for the Agreement.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239649

FAQ

What are the terms of DLP Resources (DLPRF) new investor relations agreement?

The agreement with Max Reinhart is for 12 months starting December 1, 2023, including 150,000 stock options at $0.19 per share and a monthly fee of $6,000.

How many stock options is DLP Resources (DLPRF) issuing to the new IR consultant?

DLP Resources is issuing 150,000 stock options at an exercise price of $0.19, vesting quarterly over 24 months with a 3-year term.

What is the monthly cost of DLP Resources (DLPRF) new IR agreement?

The monthly cost is $6,000, totaling $72,000 annually, paid from the company's general working capital account.

What securities does the new IR consultant currently hold in DLP Resources (DLPRF)?

The consultant holds 650,000 common shares, 500,000 warrants at $0.40 (expiring January 31, 2027), and 150,000 stock options at $0.40 (expiring January 10, 2027).

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