Golden Hope Mines Engages Auburn Partners for Investor Relation Services
July 15 2008 - 9:00AM
Marketwired
TORONTO, ONTARIO (PINK SHEETS: GOLHF) a junior exploration
company actively exploring for gold and base metals, is pleased to
announce the engagement of Auburn Partners Inc. as strategic
investor relations consultants to the company. Auburn Partners will
focus on developing and expanding Golden Hope Mines' communications
with the investment community through a comprehensive investor
relations program.
"Auburn Partners have demonstrated to us their ability to get
the company and its project in front of high quality investors,
investment managers and fund managers over a short trial period",
said Louis Hoel, President, Golden Hope Mines Ltd. "Although the
market has been difficult for junior exploration companies, it is
imperative that we continue to present our project to as many key
individuals in the investment community as possible. They will
participate in our growth as we further develop our key
assets".
"The management team and the current exploration program of
Golden Hope Mines has been very well received by our network of
brokers and investment managers. We look forward to building a
successful relationship with Golden Hope Mines going forward" said
Shanda Theaker, Principal, Auburn Partners Inc.
Auburn Partners was engaged by Golden Hope Mines on July 1, 2008
for a monthly fee of $5,000 for professional services for a period
of 6 months, with the fee due and payable at the beginning of every
month. The agreement with Auburn is for a 6 month period, which may
be extended with the prior written consent of both parties, and may
be terminated by either party upon 30 days notice. Auburn has been
granted 200,000 incentive stock options exercisable at a price of
$0.35 per share, for a period of two years. The options shall vest
and become exercisable as to one quarter of the number granted on a
quarterly basis over the ensuing year, and shall expire 30 days
upon termination of the agreement.
Neither Auburn Partners, nor any of its employees, holds any
interest, directly or indirectly, in Golden Hope Mines, or any
right to acquire such an interest. This agreement is subject to
acceptance by the TSX Venture Exchange.
About Auburn Partners Inc.
Auburn Partners Inc. is a boutique investor relations firm
focused on small and micro cap companies. Our primary role is to
bring together our select clients within the Canadian investment
community with our network of investment managers and investment
funds. We customize our services to fit the needs of our clients in
order to provide an elite investor relations service.
About Golden Hope Mines Ltd.
Golden Hope Mines Limited is a mineral exploration company that
seeks to grow shareholder value through the acquisition,
exploration and development of potentially large-scale gold, silver
and base metal projects suitable for underground and/or open-pit
mining. The company's two areas of interest are located in Quebec,
Canada and Maine, U.S.A. The Bellechasse gold project in Quebec
includes the Timmins and Ascot gold zones, the Coucou volcanic
target and a number of newly claimed serpentinite geological
formations. For further information on Golden Hope, visit
www.goldenhopemines.com.
Forward-Looking Information
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address future
production, reserve potential, exploration drilling, exploitation
activities and events or developments that the company expects are
forward-looking statements. Although the company believes the
expectations expressed in such statements are based on reasonable
assumptions, such statements are not guarantees of future
performance and actual results or developments may differ
materially from those in the statements. Factors that could cause
actual results to differ materially from those in forward-looking
statements. These include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
For more information on the company, investors should review
registered filings at www.sedar.com.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Golden Hope Mines Ltd. Louis Hoel President (416)
362-3509 (416) 864-0175 (FAX) Email: info@goldenhopemines.com
Website: www.goldenhopemines.com
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