Manado Enters Into Investor Relations Agreement
November 21 2013 - 11:54AM
Access Wire
November
21, 2013 - Vancouver, British
Columbia, Manado Gold
Corp. ("Manado") (TSX-V: MDO) is
pleased to announce that it has entered into an investor relations
agreement (the "Investor Relations Agreement") with 547853 B.C.
Ltd. (doing business as QIS Capital) ("QIS Capital") whereby QIS
Capital will serve to increase awareness of Manado in the
investment community, will coordinate Manado's public and investor
relations activities, provide corporate information to Manado's
investors and will also communicate the investment merits of Manado
through its relationships with newsletter editors, brokers, media
and analysts.
Under the Investor
Relations Agreement, Manado has agreed to pay a monthly fee of
$1,500 and issue options to purchase 100,000 common shares of
Manado at a price of $0.07 per share. The options are subject to
the vesting provisions and the terms and conditions of Manado's
stock option plan and the policies of the TSX Venture Exchange. The
Investor Relations Agreement, which is subject to the approval of
the TSX Venture Exchange, is for a period of 12 months.
Six months after the effective
date of the Agreement, Manado may terminate the Investor Relations
Agreement on providing 30 days written notice to QIS
Capital.
QIS
Capital (547853 B.C. Ltd.) is a private company that specializes in
investor relations, consulting, research, and shareholder
communications. Neither QIS Capital nor its
principals presently have any interest, direct or indirect, in
Manado Gold Corp or its securities but retains the right to acquire
such an interest.
The appointment of
QIS Capital and the Investor Relations Agreement is subject to the
approval of the TSX Venture Exchange.
On behalf of the Board of
Directors
Logan Anderson
President and Chief Executive
Officer
info@manadogold.com
Investor Relations - Dave
Ryan
dave@manadogold.com
Forward-Looking Statements Information set forth in this news release contains
forward-looking statements that are based on assumptions as of the
date of this news release. These statements reflect management's
current estimates, beliefs, intentions and expectations. They are
not guarantees of future performance. Manado cautions that all
forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond Manado's control. Such factors include, among
other things: risks and uncertainties relating to Manado's limited
operating history; the need to comply with environmental and
governmental regulations; and potential defects in title to
Manado's properties. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward looking information. Except as required under applicable
securities legislation, Manado undertakes no obligation to publicly
update or revise forward-looking information.
NEITHER 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.
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