Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce it has engaged Nicosia Capital ("Nicosia"), a Vancouver based investor relations firm specializing in resource companies. Nicosia will assist Advance in creating and implementing communication strategies that will facilitate relationships with finance professionals, investors and media contacts.
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: "With drilling underway at our Tabasquena silver mine, plus the new addition of the Venaditas project, we are coming into a strong period for news flow. I've known the founder of Nicosia for many years and he has a great network of contacts in the mining space, and works very hard for his clients. Nicosia will help us build a strong shareholder base moving forward, and the timing is right for our message to get out ta a larger audience."
Terms of the agreement
Advance will pay Nicosia a fee of $3,500 per month and issue 100,000 stock options at a price of $0.12 per share. The initial agreement with Nicosia has a term of two months to commence May.1st, 2018.
About Advance Gold Corp. (AAX.V)
Advance Gold is a TSX-V listed junior exploration company focused on acquiring and exploring mineral properties containing precious metals. The Company acquired a 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico in 2017, and the Venaditas project, also in Zacatecas state, in April, 2018.
Venaditas is a "shadows of a headframe" project, adjacent to Teck's San Nicholas mine, a VMS deposit, and it is approximately 11km to the west of Tabasquena project, along a paved road. The Tabasquena project is located near the Milagros silver mine near the city of Ojocaliente, Mexico. Benefits at Tabasquena include road access to the claims, power to the claims, a 100 metre underground shaft and underground workings, plus it is a fully permitted mine.
In addition, Advance Gold holds a 13.5% interest on strategic claims in the Liranda Corridor in Kenya, East Africa. The remaining 86.5% of the Kakamega project is held by Acacia Mining (63% owned by Barrick Gold).
For further information, please contact:
Allan Barry Laboucan,
President and CEO
Phone (604) 505-4753
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.
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