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Spanish Mountain Gold Announces Amendment to IR Engagement

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Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) has amended its engagement terms with Proactive Investors North America Inc. The company will now pay a monthly fee of $3,750 for a one-year term from July 1, 2024, to June 30, 2025, without the option for accelerated payments. Any further revisions require TSXV approval.

Proactive Investors, a global multimedia news organization and events management company, provides business and finance news content to investors worldwide. This engagement supports Spanish Mountain Gold's communications strategy to raise awareness and disseminate information about its progress on the 100% owned Spanish Mountain Gold Project.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) ha modificato i termini del suo incarico con Proactive Investors North America Inc. L'azienda ora pagherà una fee mensile di $3,750 per un periodo di un anno dal 1 luglio 2024 al 30 giugno 2025, senza la possibilità di pagamenti accelerati. Eventuali ulteriori revisioni richiedono l'approvazione del TSXV.

Proactive Investors, una organizzazione multimediale globale di notizie e di gestione eventi, fornisce contenuti di notizie aziendali e finanziarie a investitori in tutto il mondo. Questo incarico sostiene la strategia di comunicazione di Spanish Mountain Gold per aumentare la consapevolezza e diffondere informazioni sui suoi progressi nel progetto Spanish Mountain Gold al 100% di proprietà.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) ha modificado los términos de su compromiso con Proactive Investors North America Inc. La empresa pagará ahora una tarifa mensual de $3,750 durante un año desde 1 de julio de 2024 hasta 30 de junio de 2025, sin opción para pagos acelerados. Cualquier revisión adicional requiere la aprobación de TSXV.

Proactive Investors, una organización de noticias multimedia global y empresa de gestión de eventos, proporciona contenido de noticias empresariales y financieras a inversores en todo el mundo. Este compromiso apoya la estrategia de comunicación de Spanish Mountain Gold para aumentar la conciencia y difundir información sobre su progreso en el Proyecto Spanish Mountain Gold de propiedad al 100%.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y)는 Proactive Investors North America Inc와의 계약 조건을 수정했습니다. 이제 이 회사는 2024년 7월 1일부터 2025년 6월 30일까지 1년 동안 매달 $3,750의 요금을 지불하며, 가속 지불 옵션은 없습니다. 추가 수정 사항은 TSXV의 승인이 필요합니다.

Proactive Investors는 글로벌 멀티미디어 뉴스 기관이자 이벤트 관리 회사로, 전 세계 투자자들에게 비즈니스 및 금융 뉴스 콘텐츠를 제공합니다. 이 계약은 Spanish Mountain Gold의 커뮤니케이션 전략을 지원하여 자사 100% 소유의 Spanish Mountain Gold 프로젝트에 대한 인지도를 높이고 정보를 배포하는 데 도움을 줍니다.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) a modifié les conditions de son engagement avec Proactive Investors North America Inc. La société paiera désormais des frais mensuels de 3 750 $ pour une durée d'un an, du 1er juillet 2024 au 30 juin 2025, sans option de paiements accélérés. D'autres modifications nécessitent l'approbation de TSXV.

Proactive Investors, une organisation mondiale d'information multimédia et société de gestion d'événements, fournit des contenus d'actualités commerciales et financières à des investisseurs dans le monde entier. Cet engagement soutient la stratégie de communication de Spanish Mountain Gold pour accroître la sensibilisation et diffuser des informations concernant l'avancement de son projet Spanish Mountain Gold, entièrement détenu.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) hat die Vertragsbedingungen mit Proactive Investors North America Inc geändert. Das Unternehmen wird nun eine monatliche Gebühr von $3,750 für einen Zeitraum von einem Jahr vom 1. Juli 2024 bis 30. Juni 2025 zahlen, ohne die Möglichkeit von Beschleunigungszahlungen. Weitere Änderungen bedürfen der Genehmigung des TSXV.

Proactive Investors, eine globale Multimedia-Nachrichtenorganisation und Eventmanagementgesellschaft, bietet Geschäftsnachrichten und Finanzinhalte für Investoren weltweit an. Dieses Engagement unterstützt die Kommunikationsstrategie von Spanish Mountain Gold, um das Bewusstsein zu erhöhen und Informationen über den Fortschritt des 100% im eigenen Besitz befindlichen Spanish Mountain Gold-Projekts zu verbreiten.

Positive
  • Engagement with Proactive Investors may improve company visibility and investor awareness
  • Continued advancement of the 100% owned Spanish Mountain Gold Project
Negative
  • Monthly expenses of $3,750 for investor relations services

Vancouver, British Columbia--(Newsfile Corp. - October 3, 2024) - Spanish Mountain Gold Ltd. (TSXV: SPA) (FSE: S3Y) (the "Company" or "Spanish Mountain Gold") announces that, further to its news release dated June 24, 2024, it has amended the terms of its engagement of Proactive Investors North America Inc ("Proactive Investors"). Following the amendment, the Company will now pay Proactive Investors a monthly fee of $3,750 during the one-year term, and such payments cannot be accelerated by the Company. The term of the Company's engagement of Proactive Investors commenced on July 1, 2024, and will end on June 30, 2025. Any additional revisions to the Company's engagement of Proactive Investors will require prior approval from the TSXV.

Proactive Investors is a multimedia news organization and events management company that provides accessible, informative and actionable business and finance news content to a global investment audience. Proactive Investors' editorial has bureaus and studious in London, New York, Toronto, Vancouver, Sydney and Perth. The engagement with Proactive Investors supports the Company's overall communications strategy to raise awareness and achieve broader dissemination of its achievements as it continues to advance its 100% owned Spanish Mountain Gold Project.

About Spanish Mountain Gold Ltd.
Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain Gold Project towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. We are conducting an integrated Whittle Enterprise Optimization to identify the highest potential value-add improvements while increasing the understanding of the high-grade geologic controls and associated drill targets that could upgrade and expand the gold resource. We are striving to be a leader in community and Indigenous relations by leveraging technology and innovation to build the 'greenest' gold mine in Canada. The Relentless Pursuit for Better Gold means seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities. Details on the Company are available on www.sedarplus.ca and on the Company's website: www.spanishmountaingold.com.

On Behalf of the Board,

"Peter Mah"
President, Chief Executive Officer and Director
Spanish Mountain Gold Ltd.

For more information, contact:
Peter Mah, CEO
(604) 601-3651
info@spanishmountaingold.com

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

FORWARD-LOOKING STATEMENTS:
Certain of the statements and information in this press release constitute "forward-looking statements" or "forward-looking information" Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking statements and information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225561

FAQ

What are the new terms of Spanish Mountain Gold's engagement with Proactive Investors?

Spanish Mountain Gold will pay Proactive Investors a monthly fee of $3,750 for a one-year term from July 1, 2024, to June 30, 2025, without the option for accelerated payments.

Why did Spanish Mountain Gold (TSXV: SPA) amend its engagement with Proactive Investors?

The amendment supports Spanish Mountain Gold's overall communications strategy to raise awareness and achieve broader dissemination of its achievements as it advances its Spanish Mountain Gold Project.

What is the duration of Spanish Mountain Gold's (TSXV: SPA) engagement with Proactive Investors?

The engagement with Proactive Investors runs for one year, from July 1, 2024, to June 30, 2025.

Does Spanish Mountain Gold (TSXV: SPA) need approval for further changes to its Proactive Investors engagement?

Yes, any additional revisions to Spanish Mountain Gold's engagement with Proactive Investors will require prior approval from the TSXV.

SPANISH MOUNTAIN GOLD LTD

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