DLP Resources Inc. Engages German Mining Networks for Investor Relations
Rhea-AI Summary
DLP Resources Inc (TSXV: DLP) (OTCQB: DLPRF) has announced engaging German Mining Networks GmbH (GMN) for investor relations services. The agreement, effective April 7, 2025, has an initial three-month term with automatic renewal options.
Under the agreement terms, DLP will pay GMN a monthly fee of $6,800 from its working capital. GMN's services include managing shareholder and investor communications, assisting with roadshows, and helping DLP expand its reach to European investors for capital raising opportunities.
The agreement is pending TSX Venture Exchange acceptance. GMN, operating from Schmalkalden, Germany, is an arm's length party with no current interest in DLP or its securities.
Positive
- Expansion into European investor markets through new IR partnership
- Enhanced investor relations capabilities and roadshow support
Negative
- Additional monthly operating expense of $6,800
News Market Reaction 1 Alert
On the day this news was published, DLPRF declined 5.50%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Cranbrook, British Columbia--(Newsfile Corp. - April 9, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that it has retained German Mining Networks GmbH ("GMN") to provide investor relations services for the Company. The investor relations agreement (the "Agreement") was entered into on April 7, 2025 and has a term of three (3) months, which renews automatically subject to termination by either of the parties (the "Term"). Pursuant to the terms of the Agreement, DLP has agreed to pay GMN a cash fee of
The services to be provided by GMN under the Agreement include shareholder and investor scheduling and communication services and assisting with roadshows. GMN will provide the Company with the opportunity to broaden its national and international reach and raise capital by way of introductions to investors in Europe.
GMN's principal place of business and contact information is as follows:
Postfach: 10 01 26
98561 Schmalkalden, Germany
Email: krahp@german-mining.com
Peter Krah, Managing Partner of GMN, will be responsible for the provision of the services noted above. GMN is an arm's length party to the Company and has no interest, directly or indirectly, in the issuer or its securities, or any right or present intent to acquire such an interest. The Agreement remains subject to the acceptance of the TSX Venture Exchange.
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, CEO & President
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247992
FAQ
What is the cost of DLP Resources' (DLPRF) new investor relations agreement with German Mining Networks?
When does DLP Resources' (DLPRF) agreement with German Mining Networks begin and how long does it last?
What services will German Mining Networks provide to DLP Resources (DLPRF)?
Does German Mining Networks hold any shares or interests in DLP Resources (DLPRF)?
