Post by
barnabas436 on Nov 23, 2006 1:01pm
Investor Relations
Frontier Pacific Mining Corporation Retains Investor Relations Group
Vancouver, British Columbia – November 22, 2006 - Frontier Pacific Mining Corporation (TSX-V:FRP) (“Frontier Pacific” or the “Company”) is pleased to announce it has retained the services of The Richmond Club Corp. (“Richmond Club”) of Toronto, Ontario, to provide investor relations services for the Company, subject to TSX Venture Exchange approval.
Richmond Club will receive a monthly fee of $1,250 and will be granted 53,000 stock options within 90 days of signing the contract. The exercise price will be determined upon issuance of the stock options. The term of the contract is for one year. Richmond Club are at arm’s length to the Company
Comment by
matthew77 on Nov 23, 2006 9:11pm
You get what you pay for, usually. I have no idea who Richmond Club is or what their track record is, but of course I do wish them luck and at least FRP is doing something in this area (long overdue). The sum of $1,250 per month, though, is a very low figure for IR, and 53,000 stock options is not much. I'd like to hear Peter explain this one in his webcast Nov. 30th.
Comment by
newmoney14 on Nov 25, 2006 4:39pm
Looks like a good sign if they are hiring an IR firm. Must have something soon to promote.
53,000 options could be very valuable when FRP gets the gold mine in production and their drill program with SOLEX delivers some good uranium numbers.
nm
Comment by
poserv on Nov 27, 2006 2:19pm
That's too much money we should have just given richmond $1250 and kept the stock, $1250's all you need. We expect good value for money from Richmoned you have been well paid.