Trading Symbol: CCY
VANCOUVER,
Feb. 8 /PRNewswire/ - Catalyst
Copper Corp. (the "Company") has entered into an investor
relations agreement with Euroscandic International Group Consulting
Inc. ("Euroscandic"), a company incorporated under the laws of
British Columbia, Canada, located
at #2203 - 1189 Melville Street, Vancouver, BC V6E 4T8.
Euroscandic is a corporate finance and advisory
services company specializing in the natural resources and raw
materials sectors. Euroscandic has been engaged by the
Company to provide certain services to the Company, including
organizing and assisting the Company in executing an institutional
road show in Europe. The initial term of the Euroscandic
Agreement is 12 months. The Company will pay Euroscandic a fee of
CAD $250 per month and will grant
Euroscandic 400,000 stock options with an exercise price of
$0.17 per share for a period of 2
years, vesting 25% three months following the completion of the
road show, then quarterly thereafter, subject to regulatory
approval.
Euroscandic, which is at arm's length to the
Company, is owned and operated by Mr. Scott
Eldridge and represented in the agreement by Mr.
Daniel Schieber. Euroscandic
has informed the Company that it has no interest in the directly or
indirectly, in the Company or its securities, or any right or
intent to acquire such an interest other than pursuant to the stock
options described above.
Catalyst Copper is a Vancouver-based publicly traded mine
development company (TSX-V: CCY) that optioned the La Verde copper
porphyry target from a subsidiary of Teck Resources Limited.
ON BEHALF OF CATALYST COPPER CORP.
"John W. Greenslade"
John W. Greenslade - President,
CEO (Director)
Certain information set forth in this news release may
contain forward-looking statements that involve substantial known
and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain
of which are beyond the control of the Company, including, but not
limited to, risks associated with mineral exploration and mining
activities, the impact of general economic conditions, industry
conditions, dependence upon regulatory approvals, and the
uncertainty of obtaining additional financing. Readers are
cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. Neither 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.
Quality Assurance: The Company employs a system of quality
control for drill results which includes the use of blanks,
certified reference materials (standards) and check assaying. Core
is logged on site and split with a diamond saw. Samples are shipped
to Acme Analytical Laboratories Ltd. for geochemical analysis of
copper with all values of greater than 1.000 parts per million
copper being reanalyzed by assay methods for copper, gold and
silver.
SOURCE Catalyst Copper Corp.
Copyright b. 8 PR Newswire