Therma-Med Inc. Signs Revenue Generating Consulting Management Agreement
December 07 2011 - 8:45AM
Marketwired
Therma-Med Inc. (PINKSHEETS: THRA) is pleased to announce that it
has signed a consulting agreement with Testone Mining, a private
Canadian exploration company.
The Company has signed a one year consulting management
agreement commencing Jan 1, 2012 to Dec 31, 2012. The agreement
calls for Therma to manage and steward the development of several
junior exploration programs such as scheduling staking programs,
managing submissions to the ministry and general hiring of
qualified personnel. The remuneration to Therma will be $35,000
annually in cash. The major benefit of the contract allows Therma
the right of first refusal to all properties under Testone's
umbrella.
Testone is a Canadian based private mining company that owns
several mines that range from open pit quarries to base and
precious metal claims.
CEO Zajay Trujillo stated, "As a result of this revenue stream
we will retire 500,000,000 restricted common shares which will
reflect on our next filing. This will give us the flexibility to
comfortably accomplish current plans and seize future
opportunities."
Please check our website for further updates.
Safe Harbor
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of Therma-Med, Inc. with members of its
management team as well as the assumptions on which such statements
are based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Important factors currently known to management that
could cause actual results to differ materially from those in
forward-statements include fluctuation of operating results, the
ability to compete successfully and the ability to complete
before-mentioned transactions. The Company undertakes no obligation
to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
Contact Information Therma-Med, Inc.
www.therma-medinc.com Email Contact
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