AbraPlata engages Red Cloud to provide corporate advisory services
October 11 2017 - 9:00AM
AbraPlata Resource Corp. (TSX.V:ABRA)
(OTCQB:ABBRF) (Frankfurt:1AH) ("AbraPlata" or the "Company") is
pleased to announce that it has entered into a non-exclusive
agreement with
Red Cloud Klondike Strike Inc
("Red Cloud" or "RCKS") for the provision of capital
markets advisory services to the Company.
“We are pleased to have executed an advisory
agreement with Red Cloud,” commented AbraPlata’s Executive
Chairman, Hernan Zaballa. “Retaining an experienced and dynamic
advisory team so early in the evolution of AbraPlata’s history is a
key step in the process of developing strategic opportunities and
market exposure that will help create real value for the Company’s
shareholders”.
About Red Cloud Klondike Strike
Inc.
Red Cloud is an exempt market dealer focused on
providing unique and innovative financing alternatives, growth
opportunities, and market exposure for select companies. The
RCKS team has a mix of technical and financial expertise with over
100 cumulative years of combined mining and corporate finance
experience. Working as an extension of management, the Red
Cloud team uses its global network and extensive in-house
experience to help companies identify sources of capital and
quality actionable merger, acquisition, and divesture
opportunities, and to generate and maintain important relationships
with key investors.
About AbraPlata
AbraPlata is a junior mining exploration company
focused on delivering shareholder returns by unlocking mineral
value in Argentina. The Company's experienced management team
has assembled an outstanding portfolio of gold, silver and copper
exploration assets, and is focused on advancing its flagship
Diablillos property, with an indicated resource of 81.3m oz Ag and
755k oz Au, through the various stages of feasibility. In
addition, AbraPlata owns the highly prospective Cerro Amarillo
property with its cluster of five mineralized Cu-(Mo-Au) porphyry
intrusions located in a mining camp hosting the behemoth El
Teniente, Los Bronces, and Los Pelambres porphyry Cu-Mo deposits.
Further exploration work is also planned for the Company’s Samenta
porphyry Cu-Mo property south of First Quantum’s TacaTaca project
as well as its Aguas Perdidas Au-Ag epithermal property.
ON BEHALF OF THE BOARD ABRAPLATA RESOURCE
CORP.
"Willem Fuchter"
Willem Fuchter President & Chief Executive Officer
For further information concerning this news
release, please contact:
Willem Fuchter
President & Chief Executive OfficerAbraPlata Resource
Corp.Tel: +54.11.5258.0920E-mail: willem@abraplata.com
Karl CahillVP Investor RelationsAbraPlata
Resource Corp.Tel: +1.858.531.6100Email: karl@abraplata.com
Qualified Person
Willem Fuchter, PhD PGeo, President & CEO of
AbraPlata Resource Corp and a qualified person as defined by
National Instrument 43-101 Standards of Disclosure for Mineral
Projects, has reviewed and approved the information contained in
this news release.
This news release includes certain
"forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements are necessarily based upon
a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause the actual results and future
events to differ materially from those expressed or implied by such
forward-looking statements. All statements that address future
plans, activities, events or developments that the Company
believes, expects or anticipates will or may occur are
forward-looking information. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
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.
For further information about AbraPlata and its
projects, please visit the Company’s website at
www.abraplata.com.
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