Vancouver, BC – Gold Jubilee Capital Corp. (TSX-V:GJB) (“Gold Jubilee” or the “Company”) is pleased to announce it has engaged Kin Communications Inc. (“Kin”) to provide investor relations services to the Company.
Kin Communications is a leading full-service investor relations firm based in Vancouver, B.C., with a proven track record in increasing awareness and delivering on marketing programs in public markets. Kin will assist Gold Jubilee in increasing public awareness by managing the Company’s corporate communications, marketing endeavours, and continuing engagement with shareholders, finance professionals and media contacts.
Gold Jubilee President and CEO Minaz Devji remarked: “We are excited about our engagement of Kin as we intend to build on our portfolio of assets and continue to strengthen the management team in efforts to build a global mining company. Kin has the proven track record of uniquely positioning a company in front of a captive audience of investors to recognize our deliverables.”
Kin will be paid $7,500 per month for a 12-month period and month-to-month thereafter. Kin will also be granted 500,000 stock options of the company at a price of .23 cents per share. The stock options have a three-year term, and vest in respect of 25% of the shares under option three months from the date of the agreement, and in respect of an additional 25% every three months thereafter, so that the stock options will be fully vested one year after the date of the agreement.
The investor relations agreement and the grant of options are subject to regulatory approval. The Company has been advised that Kin and its principals currently own 465,000 shares and 125,000 share purchase warrants of the company.
About Gold Jubilee Capital Corp.
Gold Jubilee Capital Corp. (TSX VENTURE:GJB) is a Canadian-based junior exploration company comprised of highly qualified mining professionals with one active copper-gold exploration project, the Pyramid project, located in northwestern British Columbia.
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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.
This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, execution of the Option Agreement, the making of cash payments and share payments, obtaining TSX-V approval, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Gold Jubilee undertakes no obligation to update such statements, except as required by law.