Dorato Resources hires Ascenta Capital for IRDorato Resources hires Ascenta Capital for IR
2009-08-31 19:47 ET - News Release
Mr. Keith Henderson reports
DORATO RETAINS ASCENTA CAPITAL PARTNERS INC. FOR INVESTOR RELATIONS SERVICES
Dorato Resources Inc. has retained Ascenta Capital Partners Inc., of Vancouver, B.C., to provide investor relations services.
"We are pleased to announce the selection of Ascenta to enhance the company's profile in the financial community and increase public awareness of our Cordillera del Condor gold project located in northern Peru. We selected Ascenta based on its business acumen and professional standards -- which provide an ideal fit with the message we wish to communicate to the investing public," stated Keith Henderson, president and chief executive officer of Dorato.
Ascenta will receive a monthly retainer of $6,000 for a 12-month term, terminable upon 30 days of notice by either party. Dorato will also issue, as compensation to Ascenta, an option to purchase 150,000 common shares. The options, granted in accordance with the company's stock option plan, are exercisable for a period of two years at a price of 50 cents per share and are subject to regulatory approval. The options will vest in accordance with the provisions of the company's stock option plan and the policies of the TSX Venture Exchange. Dorato has also agreed to issue to Ascenta an additional 100,000 stock options at a later date with an exercise price set at that time.
Ascenta does not currently have any interest, directly or indirectly, in the company or its securities.
About Ascenta Capital Partners
Ascenta is a leading provider of investor relations services to public companies in Canada. Since 2000, Ascenta has been assisting public companies with investor relations and corporate communications. Its team has worked for companies ranging from microcap and mid-cap resource and technology companies to Fortune 500 multinationals.
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