AbraPlata Retains Alpha Advisory for Investor Relations Services
November 03 2017 - 8:45AM
AbraPlata Resource Corp (TSX.V:ABRA) (OTCQB:ABBRF)
(Frankfurt:1AH) ("AbraPlata" or the "Company") is pleased to
announce that it has retained Alpha Advisory Services Inc ("Alpha")
to provide investor relations and consulting services on a
non-exclusive basis. The principal of Alpha is Rob Bruggeman.
In exchange for investor relations services,
subject to TSX Venture Exchange approval, Alpha will receive a
monthly retainer of $7,500. The Company will also grant to Alpha an
option to purchase 300,000 common shares for a period of five
years, subject to vesting and termination provisions pursuant to
the Company’s Stock Option Plan and TSX Venture Exchange policies.
Alpha’s engagement may be terminated at any time on 30-day advance
notice. Alpha and Mr. Bruggeman do not currently have any direct or
indirect interest in the Company.
The objective of the contract with Alpha
Advisory is to grow investor and market awareness of the Company in
North America and Europe as it advances Diablillos and its other
properties.
About Alpha Advisory Services
Inc.
Alpha Advisory Services Inc. provides investor
relations services and corporate development advice to junior
mining companies with strong technical teams and attractive
projects in mining-friendly jurisdictions. Robert Bruggeman, the
principal consultant for Alpha, has over twenty years' experience
in equity research, proprietary trading, institutional equity
sales, and corporate strategy. His expertise spans from engineering
to corporate finance and he is both a licensed professional
engineer and a CFA charter holder.
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 FuchterPresident & Chief Executive
OfficerAbraPlata Resource Corp.Tel: +54.11.5258.0920E-mail:
willem@abraplata.com
Karl CahillVP Investor RelationsAbraPlata
Resource CorpTel: +1.858.531.6100Email: karl@abraplata.com
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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