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Bc Moly Ltd V.BM

BC Moly Ltd. is a Canada-based exploration stage company. The Company is engaged in the business of exploration and development of mineral resource properties. The Company has one business segment, which is the mineral exploration business in Canada. The Company is focused on the exploration and development of its Storie Molybdenum property (the Storie Property). The Storie Property is located approximately six kilometers (km) southwest of the historical mining camp of Cassiar, British Columbia, which is approximately 15 km west of Highway 37 which connects to Watson Lake, Yukon, to the north, and Dease Lake and Stewart, British Columbia, to the south. The Company focuses on seeking new business opportunities.


TSXV:BM - Post by User

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Post by Claudius151on Nov 07, 2007 12:23pm
237 Views
Post# 13768414

US IR NR

US IR NR

Columbia Yukon Retains Kaplan Associates to Provide Investor Relations Services

West Vancouver, British Columbia – November 7, 2007 – Columbia Yukon Explorations Inc. (the “Company” or “Columbia Yukon”) is pleased to announce that, subject to regulatory approval, it has entered into a consulting agreement (the “Agreement”) with AIM Capital Corporation, doing business as Barry Kaplan Associates (“Kaplan”), pursuant to which Kaplan has been retained to provide investor relations services to the Company.

Pursuant to the Agreement, the Company will pay Kaplan a monthly fee of $6,500 US for an initial period of 6 months (renewable upon mutual agreement).  The Company will also reimburse Kaplan for any reasonable expenses incurred by them in providing the investor relations services.  As part of the compensation for such services, Kaplan will also be granted 100,000 stock options of the Company at an exercise price of $1.28. Such options will be subject to certain vesting requirements in accordance with regulatory requirements and the terms and conditions of the Company’s stock option plan.

Kaplan is based in Fair Haven, New Jersey, USA and has provided investor relations services for publicly listed companies for over 25 years. Kaplan’s objective is to increase awareness of the Company in the resource investment community through personal meetings with select brokers and analysts and through increased exposure of the Company in the financial press.

 

About Columbia Yukon Explorations Inc.: Columbia Yukon is a Canadian mineral exploration company focused on the development of its Storie Molybdenum Property deposit located in northern British Columbia.

 

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