Nevada Clean Magnesium Appoints Hanover | Elite as New Investor and Public Relations Counsel Of Record
(via Thenewswire.ca)
VANCOUVER, BRITISH COLUMBIA - May 02, 2013
Nevada Clean Magnesium Inc. (TSXV: NVM; OTC Pink: MLYFF; Frankfurt-M1V) ("NevadaCMI"), is pleased to report the engagement of Hanover|Elite as the Company's Investor and Public Relations counsel of record.
Hanover|Elite is a joint venture created by Hanover International, Inc. and Elite Financial Communications Group, who have teamed to leverage their respective strengths, resources and spheres of influence in the global capital markets to create an innovative IR/PR model for merging and applying best industry practices in financial communications, corporate branding and awareness, regulatory compliance and capital markets access services.
In collaboration with NevadaCMI's senior leadership, Hanover|Elite is charged with developing, implementing and supporting a fully integrated corporate and shareholder communications platform for the Company; and generating meaningful awareness among and measurable support from the retail and institutional investment communities for NevadaCMI and its compelling business plan and promising future growth potential. Jim Hock, Co-Managing Partner of Hanover|Elite, will lead the combined IR/PR teams and provide strategic counsel and direction to the Company.
NevadaCMI has agreed to compensate Hanover|Elite a monthly retainer of $5,000 for the first six months of the 12-month agreement; and $10,000 per month for the following six months. In addition, Hanover|Elite will be issued a total of two million shares of restricted common stock, issuable in quarterly installments and in accordance with TSXV policies. The Company has the right to terminate the agreement at any time, without any penalties, following the first 90 days.
Commenting on the appointment, Hock stated, "We are very pleased to have been selected to team with NevadaCMI and look forward to working closely with its leadership to win the Company due attention and support for its well-defined business plan for earning distinction as a noted leader in the global minerals and mining industry by developing its magnesium opportunity."
About Hanover International Inc.
Led by James E. Hock - current Co-Chairman of the National Investment Banking Association and broadly recognized as "the entrepreneur's consultant," Hanover International has advised hundreds of micro-, small- and mid-cap companies since its founding in 1990 with defining and implementing effective mergers and acquisitions and institutional shareholder relations strategies. With offices in Los Angeles, New York and Beijing, Hanover International is comprised of a professional team of experts in the areas of investment banking, debt and equity deal structuring, market awareness and support, SEC law and compliance, mergers and acquisitions, market research and analysis, corporate management and new business development.
About Elite Financial Communications Group
Since 2001, Elite has combined diverse business expertise, influence, talent and capabilities to achieve quantifiable results for emerging publicly traded and privately held companies. Elite works closely with its clients to customize and implement fully integrated marketing and communications strategies and programs designed to achieve optimal transparency and proactive communications with shareholders and the investment community at large. Through Elite Media Group, the Company teams with its valued clientele to realize business and performance objectives through initiatives that leverage public and media relations, social networking, brand and reputation management, event planning, crisis management and government relations. Elite also provides copywriting, collateral development and production, formal media training and market trend analysis, among other traditional and new media services. For more information, please visit www.efcg.net or follow on Twitter: @EliteFinancial.
About Nevada Clean Magnesium Inc.
NevadaCMI is a diversified precious, specialty and base metal exploration and development company focusing on magnesium, molybdenum and gold exploration and development in North America. For more information, please visit www.nevadacmi.com.
On Behalf of Management
Edward Lee
Chairman and CEO
Information Contacts
Edward Lee, CEO
Nevada Clean Magnesium Inc.
#602-15216 North Bluff Road,
White Rock,
V4B 0A7
Telephone: 604-210-9862 Facsimile: 604-210-9842
Toll Free: 1-800-698-9862
Email: info@nevadacmi.com
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission. We seek safe harbor.
Copyright (c) 2013 TheNewswire - All rights reserved.