WCB Resources Retains Investor Relations Services
June 12 2014 - 11:36AM
Marketwired
WCB Resources Retains Investor Relations Services
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 12, 2014) - WCB
Resources Ltd ("WCB" or the "Company") (TSX-VENTURE:WCB) announces
that it has retained Fig House Communications ("Fig House") and
Ironstone Capital Corp. ("Ironstone") to provide investor relations
services.
Rebecca Greco, the Principal of Fig House, is an Investor
Relations professional with over ten years of industry experience.
Through her company she provides targeted IR solutions to a select
group of public companies. Ms. Greco has worked in Toronto and
London, UK and run two successful private companies in Southern
Ontario. She has been a member of the Canadian Investor Relations
Institute since 2004.
Fig House will assist the Company in developing a comprehensive
investor relations program as well as the implementation of that
plan. Fig House will also, among other things, assist in developing
the Company's profile with the investment community, target and
introduce the Company to prospective investors and analysts and
manage those ongoing relationships, assist with the administration
of the Company's investor database, organize conferences and
roadshows, and increase the awareness of the Company through social
media. Fig House will provide services on a consulting basis
pursuant to an investor relations consulting agreement dated June
9, 2014. Fig House will receive consulting fees totaling $5,000 per
month and Ms. Greco has been granted options to purchase 200,000
shares of WCB at a price of $0.30 per share until June 12, 2016.
The options will vest quarterly and will be governed by the
provisions of the Company's stock option plan.
Lee Bowles, the Principal of Ironstone, has been providing
investor relations services to the Company since November 2012. He
has been in the investment business since 1994 and has worked for
several leading independent investment dealers in Toronto, New York
and London in the areas of fixed income trader, investment banking
and institutional equity sales. He is credited with helping build
one of Canada's leading resource focused investment dealers. Most
recently, he provided institutional equity sales coverage with a
focus on European based institutions.
Ironstone's primary responsibilities will be arranging meetings
with professional investors and managing relationships with the
professional investment community on the Company's behalf,
providing awareness of the Company's activities to shareholders,
brokers, analysts, and fund managers, and assisting in the
preparation of marketing materials. Ironstone will provide services
on a consulting basis pursuant to an investor relations consulting
agreement dated June 9, 2014. Ironstone will receive consulting
fees totaling $3,000 per month and Mr. Bowles has been granted
options to purchase 200,000 shares of WCB at a price of $0.30 per
share until June 12, 2016. The options will vest quarterly and will
be governed by the provisions of the Company's stock option
plan.
Fig House and Ironstone will work together to provide an
expanded base of prospective investors to the Company and to
strengthen the Company's profile within the investment
community.
The Company also announces that it has granted options to
purchase up to 1,300,000 shares of WCB at a price of $0.50 per
share until June 12, 2019 to certain directors, officers and
employees of the Company.
About WCB
Resources
WCB is an aggressive minerals exploration and development
company that brings together a strong, interdisciplinary, and
proven management team with the ability to take a project from
discovery right through to operation.
WCB's strategy is to build shareholder value through
acquisition, exploration and development of copper gold projects.
This strategy is being developed by a synthesis of WCB's core
skills in project evaluation, structured acquisition, exploration
and project development and operations, areas where WCB directors
and executives have significant experience.
We believe that our capabilities and experience, combined with
an efficient corporate structure, provide tremendous potential
upside for investors. WCB is focussed on the exploration and
development of the Tier 1 Misima Island Project in Papua New
Guinea.
On behalf of the Board of Directors
Cameron Switzer, President and Chief Executive Officer
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.
The Company
relies on litigation protection for "forward looking" statements.
Actual results could differ materially from those described in the
news release as a result of numerous factors, some of which are
outside the control of the Company.
WCB Resources Ltd.Cameron Switzercswitzer@wcbresources.comFig
House CommunicationsRebecca Greco+1 416 822
6483fighouse@yahoo.comIronstone CapitalLee Bowles+1 416 561
7474lbowles@ironstonecapital.ca