Mr. Dustin Elford reports
AMI RESOURCES ENGAGES CONTACT FINANCIAL FOR INVESTOR RELATION SERVICES
AMI Resources Inc. has engaged Contact Financial Corp. to develop and executea comprehensive marketing and investor communications program to help raiseawareness of the company over a three-month renewable term, subject to TorontoStock Exchange approval.
Contact Financial is a privately owned strategic marketing and communicationsfirm based in Vancouver, B.C., that will increase AMI Resources exposurethroughout the global investment community. Contact Financial will beresponsible for providing advice to the company with respect to corporatedevelopment, producing and distributing effective marketing communicationstools, and increasing awareness with private investors, analysts, brokers, moneymanagers and other financial professionals. For more information about ContactFinancial please visit its website.
Contact Financial is at arm's length to AMI Resources, and, to the company'sknowledge, neither Contact Financial nor its principals presently have anyinterest, direct or indirect in AMI Resources or its securities, however it hasthe right to acquire such an interest.
Under the renewable agreement, Contact Financial will receive an upfront feeof $25,000 for an initial term of three months and $6,000 per month, on amonth-to-month basis, thereafter. Contact Financial will also receive 300,000incentive stock options, with a life of three years from the date of signing, topurchase common shares of the company a strike price of 20 cents per share. Suchoptions will vest in quarters over a 12-month period with vesting restrictionsin accordance with TSX Venture Exchange policies. Any vested but unexercisedoptions will expire within 30 days of the date that Contact Financial ceases toprovide services to the company. Any options which are not vested will expireimmediately upon Contact Financial ceasing to provide services to the company.
We seek Safe Harbor.