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CORRECTION FROM SOURCE: Golden Spike Resources Announces Partnership with Altitude Capital for Market Advisory and Digital Marketing Services

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Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) has announced a strategic partnership with Altitude Capital Consultants Inc. to enhance its market presence and investor outreach. The company will compensate Altitude with a $10,000 monthly fee for 12 months, totaling $120,000. Additionally, a one-time fee of $100,000 will be charged for a comprehensive digital marketing campaign. Golden Spike will also grant Altitude 400,000 share purchase options at an exercise price of $0.20 per share.

Michael A. Wekerle, Managing Partner of Altitude, brings extensive experience in capital markets, having played key roles in significant corporate transactions and investments. This partnership aims to support Golden Spike as it advances its exploration and development programs.

Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ha annunciato una partnership strategica con Altitude Capital Consultants Inc. per ampliare la sua presenza sul mercato e il contatto con gli investitori. L'azienda compenserà Altitude con una quota mensile di $10.000 per 12 mesi, per un totale di $120.000. Inoltre, verrà addebitata una commissione una tantum di $100.000 per una campagna di marketing digitale completa. Golden Spike concederà anche ad Altitude 400.000 opzioni di acquisto azioni a un prezzo di esercizio di $0,20 per azione.

Michael A. Wekerle, Managing Partner di Altitude, porta un'ampia esperienza nei mercati di capitale, avendo ricoperto ruoli chiave in transazioni societarie significative e investimenti. Questa partnership mira a supportare Golden Spike mentre avanza nei suoi programmi di esplorazione e sviluppo.

Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ha anunciado una asociación estratégica con Altitude Capital Consultants Inc. para mejorar su presencia en el mercado y el acercamiento a inversores. La empresa compensará a Altitude con una cuota mensual de $10,000 durante 12 meses, sumando un total de $120,000. Además, se cobrará una tarifa única de $100,000 por una campaña de marketing digital integral. Golden Spike también otorgará a Altitude 400,000 opciones de compra de acciones a un precio de ejercicio de $0.20 por acción.

Michael A. Wekerle, socio gerente de Altitude, aporta una amplia experiencia en los mercados de capital, habiendo desempeñado roles clave en transacciones e inversiones corporativas significativas. Esta asociación tiene como objetivo apoyar a Golden Spike mientras avanza en sus programas de exploración y desarrollo.

골든 스파이크 리소스 주식회사 (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y)는 알티튜드 캐피탈 컨설턴트 주식회사와 전략적 파트너십을 발표하여 시장 존재감과 투자자 접근성을 향상시킬 계획입니다. 이 회사는 알티튜드에 대해 12개월 동안 월 $10,000의 수수료를 지급하여 총 $120,000을 지불합니다. 또한, 포괄적인 디지털 마케팅 캠페인에 대해 일회성 수수료 $100,000를 부과합니다. 골든 스파이크는 또한 알티튜드에 400,000개의 주식 매입 옵션을 행사 가격 $0.20로 부여할 것입니다.

알티튜드의 관리 파트너인 마이클 A. 웨커리는 자본 시장에서 광범위한 경험을 가지고 있으며, 중대한 기업 거래 및 투자에서 핵심적인 역할을 했습니다. 이 파트너십은 골든 스파이크가 탐사 및 개발 프로그램을 진행하는 데 지원하는 것을 목표로 합니다.

Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) a annoncé un partenariat stratégique avec Altitude Capital Consultants Inc. pour améliorer sa présence sur le marché et son outreach auprès des investisseurs. L'entreprise compensera Altitude par une redevance mensuelle de 10 000 $ pendant 12 mois, soit un total de 120 000 $. De plus, des frais uniques de 100 000 $ seront facturés pour une campagne de marketing numérique complète. Golden Spike accordera également à Altitude 400 000 options d'achat d'actions à un prix d'exercice de 0,20 $ par action.

Michael A. Wekerle, associé directeur d'Altitude, apporte une vaste expérience dans les marchés de capitaux, ayant joué des rôles clés dans des transactions et des investissements d'entreprise significatifs. Ce partenariat vise à soutenir Golden Spike dans l'avancement de ses programmes d'exploration et de développement.

Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) hat eine strategische Partnerschaft mit Altitude Capital Consultants Inc. bekannt gegeben, um ihre Marktpräsenz und die Ansprache von Investoren zu verbessern. Das Unternehmen wird Altitude mit einer monatlichen Gebühr von 10.000 $ für 12 Monate entschädigen, was insgesamt 120.000 $ ausmacht. Zusätzlich wird eine Einmalgebühr von 100.000 $ für eine umfassende digitale Marketingkampagne berechnet. Golden Spike wird Altitude auch 400.000 Aktienoptionsscheine mit einem Ausübungspreis von 0,20 $ pro Aktie gewähren.

Michael A. Wekerle, geschäftsführender Partner von Altitude, bringt umfassende Erfahrung in den Kapitalmärkten mit, nachdem er eine Schlüsselrolle bei bedeutenden Unternehmensgeschäften und Investitionen gespielt hat. Diese Partnerschaft soll Golden Spike unterstützen, während es seine Explorations- und Entwicklungsprogramme vorantreibt.

Positive
  • Partnership with Altitude Capital for market advisory and digital marketing services
  • Engagement of experienced capital markets professional Michael A. Wekerle
  • Comprehensive digital marketing campaign to expand company's reach
Negative
  • Significant financial commitment: $120,000 in advisory fees over 12 months
  • Additional one-time fee of $100,000 for digital marketing campaign
  • Potential dilution from 400,000 share purchase options granted to Altitude

Vancouver, British Columbia--(Newsfile Corp. - August 16, 2024) - Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ("Golden Spike" or the "Company") is pleased to announce its engagement with Altitude Capital Consultants Inc. ("Altitude"). Michael A. Wekerle is the Managing Partner of Altitude. This strategic partnership aims to enhance Golden Spike's market presence and investor outreach as we advance our exploration and development programs. Please contact Ted Butler at Altitude: email: tedbutler9@gmail.com Tel: 416 580 6992.

Mr. Wekerle has had a very successful career in capital markets. Early in his career he joined First Marathon and quickly rose up to become the head trader for the firm, where he was a key player in Roger's takeover of McLean Hunter in 1994. He then joined GMP (Griffiths McBurney and Partners) as Vice Chairman of trading, where he was involved with the 1997 initial public offering of Research in Motion (RIM). In 2012, he formed his own firm, Difference Capital where he invested in companies such as Thunderbird Films, Vision Critical, Appinions and HootSuite. Mr. Wekerle is well known for the 4 years he was an investor on the Canadian television show, Dragon's Den.

Golden Spike will be compensating Altitude with a market advisory fee of $10,000 per month for 12 months, totaling $120,000.

To further bolster our marketing efforts, a one-time fee of $100,000 will be charged for a comprehensive digital marketing campaign, utilizing both third-party and proprietary platforms.

In addition, Golden Spike Resources will grant Altitude 400,000 share purchase options at an exercise price of $0.20 per share.

"We are excited to collaborate with Altitude as we continue to grow Golden Spike Resources. Their expertise in market advisory and digital marketing will be invaluable as we work to maximize shareholder value and expand our Company's reach," said Keith Anderson, President of Golden Spike Resources.

About Golden Spike

Golden Spike Resources Corp. (CSE:GLDS) (OTCQB: GSPRF) (FSE: L5Y) is a publicly traded resource exploration company focused on identifying and developing high-grade mineral assets in favorable jurisdictions. Our team is committed to sustainable and environmentally responsible exploration practices, working closely with local communities and stakeholders. The Company currently holds 100% interest in the 5,050-hectare Gregory River Property in Newfoundland, strategically centered over an approximate 11-kilometer-long stretch of the Gregory River VMS-belt, a north-northeast trending corridor of very prospective ground with potential to host Cyprus-type polymetallic VMS deposits. In addition, the Property hosts a cluster of historically explored, high-grade, copper ±gold vein structures.

For more information, please contact:

Keith Anderson
President, Golden Spike Resources Corp.
Phone: 604-786-7774
Email: kanderson7774@gmail.com

ON BEHALF OF THE BOARD OF DIRECTORS

Keith Anderson

Golden Spike Resources Corp.
830 - 1100 Melville St.,
Vancouver, BC, V6E 4A6
+1 (604) 786-7774
info@goldenspikeresources.com
www.goldenspikeresources.com

"Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in policies of the CSE) accepts responsibility for the adequacy or accuracy of this release."

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Golden Spike Resources' current expectations regarding future events, including the success of its exploration programs and the potential benefits of its partnership with Altitude Capital Consultants Inc. Actual events could differ materially from those projected herein.

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" occur.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220223

FAQ

What is the purpose of Golden Spike Resources' partnership with Altitude Capital?

The partnership aims to enhance Golden Spike's market presence and investor outreach as the company advances its exploration and development programs.

How much will Golden Spike Resources (GSPRF) pay Altitude Capital for their services?

Golden Spike will pay Altitude Capital a monthly fee of $10,000 for 12 months, totaling $120,000, plus a one-time fee of $100,000 for a digital marketing campaign.

What additional compensation is Golden Spike Resources (GSPRF) offering to Altitude Capital?

Golden Spike Resources is granting Altitude Capital 400,000 share purchase options at an exercise price of $0.20 per share.

Who is the Managing Partner of Altitude Capital mentioned in the Golden Spike Resources (GSPRF) announcement?

Michael A. Wekerle is the Managing Partner of Altitude Capital, bringing extensive experience in capital markets to the partnership.

GOLDEN SPIKE RES CORP

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