Otis Retains Investor Relations Firm
September 24 2010 - 2:04PM
Marketwired
Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE: OOO)
announces that is has retained First Canadian Capital Corp. ("First
Canadian"), an arm's-length contractor, to provide strategic
marketing and investor relations services. First Canadian will
assist the Company in opening productive dialogue with private
investors, analysts, brokers, money managers and other financial
professionals. The consultant will focus on generating market
awareness among the investment community as Otis advances its Idaho
and Nevada projects. Otis will pay First Canadian C$6,000 per month
for a twelve month initial term and grant 200,000 stock options
exercisable price of C$0.52 for five years, subject to quarterly
vesting restrictions.
Based in Toronto and in business for thirteen years, First
Canadian has assisted numerous North American corporations in
gaining exposure and recognition within the global investment
community.
About the Company
Otis is a resource company focused on the acquisition,
exploration, and development of precious metal deposits in Idaho
and Nevada, USA. Otis is currently developing its flagship
property, the Kilgore Gold Project, located in Clark County,
Idaho.
ON BEHALF OF THE BOARD
Craig T. Lindsay, President and CEO
This press release contains forward-looking information within
the meaning of applicable securities laws. The use of any of the
words "intend", "expect", "anticipate", "continue", "estimate",
"objective", "ongoing", "may", "will", "project", "should",
"believe", "plans", "intends" and similar expressions may identify
forward-looking information. Readers should not place undue
reliance on the forward-looking information contained in this press
release.
The forward-looking information contained in this press release
is made as of the date hereof and the Company undertakes no
obligation to update publicly or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities laws.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any securities in the United
States. The securities have not been and will not be registered
under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available.
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.
Contacts: Otis Gold Corp. Craig Lindsay 604-683-2507
604-683-2506 (FAX) craig@otisgold.com
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