Kestrel Gold Inc. Retains Macam Investor Relations
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 23, 2012) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
Kestrel Gold Inc.(“Kestrel” or the “Corporation”) (TSX VENTURE:KGC) is pleased to advise that it has entered into a consulting agreement with Macam Ltd. (“Macam IR”) to provide investor relation services on behalf of the Corporation, subject to regulatory and TSX Venture Exchange (“TSXV”) approval. Macam IR will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of Kestrel and its activities. The services of Macam will not include market making activities.
The initial term of the agreement between Kestrel and Macam IR is for a one year period subject to renewal or earlier termination by either party pursuant to the terms of the consulting agreement. Macam IR will receive a monthly average fee of $7,032. In addition, subject to regulatory and TSXV approval, Macam IR will be granted 650,000 options at an average exercise price of $0.4125. The stock options will fully vest over the next 12 months and will expire two years from the date of issuance.
Macam IR is a full and comprehensive provider of investor relations services based in Calgary, Alberta. Neither Macam IR, nor any of its employees holds an interest, directly or indirectly, in Kestrel, nor any right or intent to acquire such an interest.
About Kestrel Gold Inc.
Kestrel is a gold exploration company headquartered in Canada. Its two principal projects are the King Solomon Dome project in Canada’s Yukon Territory and the Huachi project in Argentina. Kestrel (KGC) is listed on the TSX Venture Exchange.
Technical aspects of this news release have been reviewed and approved by W.A. Taylor, P.Geo., hereby designated as a qualified person under National Instrument 43-101.
Contact Information
Kestrel Gold Inc.
Kevin Nephin
604-824-6056 or 604-799-2456
kvnephin@telus.net
www.kestrelgold.com
And/or
Macam Investor Relations
Cameron MacDonald
Office: (403) 452-6600
cmacdonald@macamgroup.com
www.macamgroup.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.
Cautionary Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws, including with respect to the potential mineralization of the Huachi Property. Readers are cautioned to not place undue reliance on forward-looking statements. Forward-looking statements are based on certain key assumptions made by the Corporation, including assumptions based on the Corporation’s current exploration results. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the inherent risks involved in the exploration and development of mineral properties and the uncertainties involved in interpreting exploration results and other geological data. The forward-looking statements in this press release are made as of the date of this release and the Corporation undertakes no obligation to update publicly or revise any forward looking statements whether as a result of new information or otherwise, except as required by applicable securities laws. The Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation or its financial or operating results or (as applicable) its securities.