Mr. Kevin Nephin reports
KESTREL GOLD RETAINS JAVELIN PARTNERS AS CORPORATE DEVELOPMENT ADVISORS
Kestrel Gold Inc. has commenced a 12-month engagement period wherein Javelin Corporate Development Partners Inc., of Toronto, Ont., will take on the role of development adviser to the corporation. Services to be spearheaded by Javelin include corporate strategy forecasting, the creation of marketing materials, news flow planning, investor relations consulting. Such services will not include market-making activities.
In consideration of the services to be provided, the corporation has agreed to pay out of general working capital a monthly retainer of $10,000 to Javelin over the engagement period. In addition, the corporation has granted Javelin options to purchase 300,000 common shares of the corporation at an exercise price of 86 cents per common share, subject to regulatory approval. Such options shall be subject to such restrictions as to term, vesting and applicable hold periods as required by applicable regulatory bodies.
About Javelin Partners
Javelin Corporate Development Partners is a Toronto-based mining industry consulting firm that assists junior resource companies in effectively communicating their stories to the market. Clients are selected in instances where Javelin has identified opportunities to unlock and expose previously unrealized shareholder value. Launched in October, 2010, the Javelin team is headed by Jed Richardson, principal.