June 19, 2017 Antioquia Gold Inc. Enters Into an Investor Relations Agreement and Provides Corporate Update
June 19, 2017, Calgary Alberta: Antioquia Gold Inc. ('Antioquia Gold" or the "Company") (TSX-V: AGD; OTCQX: AGDXF) announces that it has retained the services of Fairlawn Capital Partners of Whistler, BC ("Fairlawn") to provide investor relations services to the Company, subject to approval of the TSX Venture Exchange.
Fairlawn will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the Company and its activities. Fairlawn is a full and comprehensive provider of investor relations services. Fairlawn will assist the Company in fostering productive continuing dialogues with analysts, brokers, investors and other investment professionals.
Fairlawn's principal, Michael Mills, is the primary contact for and principle service provider to Antioquia Gold under the agreement. Mr. Mills is a mining investor relations professional with many years of experience in investor relations, and corporate development within the global mining industry.
Fairlawn will be paid a monthly fee of $1,500 and will be reimbursed for all approved reasonable out of pocket expenses. Fairlawn has also been granted 100,000 options to purchase common shares of the Company exercisable at $0.18 per share. The options are subject to the vesting provisions and the terms and conditions of the Company's stock option plan and policy 4.4 of the TSX Venture Exchange. The investor relations agreement is for a period of one year, which may be extended by agreement of the parties. Currently, neither Fairlawn nor Michael Mills has any direct or indirect material interest in Antioquia Gold or its securities, other than the stock options as described above.
Additionally, the Company would like to clarify that pursuant to its press release dated June 1, 2017, Mr. Gonzalo de Losada, President and Chief Executive Officer of the Company, was appointed as a director and the Chairman of the Board of Directors. Mr. Gonzalo de Losada replaced Mr. Felipe Ferraro who resigned as a director and Chairman of the Company's Board of Directors, effective June 1, 2017.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain forward-looking statements, including the closing of the financing and any plans regarding the expected used of proceeds from the financing. Forward-looking statements are based on management's current assumptions and are subject to risks and uncertainties. There can be no assurance that any forward-looking statement will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information due to a number of factors beyond the Company's control. These assumptions, risks and uncertainties include, among other things, management's assumptions about government permitting, equipment procurement and the availability of the necessary consultants and capital, as well as the risks of delay in any of these activities and the risks inherent in Antioquia Gold's operations, including the risks that the Company may not find any minerals in commercially feasible quantity or raise enough money to continue to fund its exploration plans. These and other risks are described in the Company's public disclosure documents filed on the SEDAR website maintained by the Canadian Securities Administrators. The Company does not undertake to update any forward-looking information except as may be required by applicable securities laws.