Argentum Retains Investor Relations Advisors
24 Fevereiro 2012 - 1:33PM
Marketwired Canada
Argentum Silver Corp. (TSX VENTURE:ASL) ("Argentum" or the "Company") announces
that it has retained the services of AJF Consultants Ltd. ("AJF") to provide
investor relations and shareholder communications services with a focus on
retail distribution.
AJF assists public companies with communication, marketing experience and brand
awareness in addition to developing and initiating strategies to gain increased
exposure to investors. The company is owned and managed by Allan and Janice
Feldman, who stated, "We are excited to include a silver company exploring in
Mexico in our client portfolio. Our investor base will be excited by the
opportunity to learn about and invest in a company like Argentum that is
well-funded, with good management and exciting projects."
The service agreement with AJF will have an initial term of 12 months and will
pay AJF a monthly consulting fee of $5,000. The service agreement is subject to
the approval of the TSX Venture Exchange.
Oaxaca Update
Following a detailed evaluation of its Oaxacan claims package, Argentum has
determined that the prospective area for exploration on its Silacayoapan
property is located within the core of the claim. To minimize unnecessary yearly
tax expenditures, Argentum has made a formal request to Arco Resources Corp.
("Arco"), the optionor of its land package in Oaxaca, Mexico, to reduce the size
of the Silacayoapan claim from 20,788 hectares to 3,475 hectares. Argentum has
also provided notice that it wishes to remove the claims comprising the Nino
Perdido property from the Company's option agreement with Arco.
Argentum's land team in Oaxaca has also pursued an agreement with the community
neighboring its Lachiguiri Project to access the property for drilling. The
community has requested the matter be readdressed at a later date. The Company
will focus on the exploration program at its Coyote Project as well as a program
on the Silacayoapan property while awaiting word from the community at
Lachiguiri.
About Argentum Silver
Argentum holds the right to acquire a 100% interest in the Lachiguiri,
Silacayoapan and Nino Perdido properties, all located in Oaxaca, Mexico, under
an option agreement with Arco Resources Corp. Argentum also has an option to
earn a 100% interest from Soltoro Ltd. in the Victoria and Coyote silver-gold
projects located in Jalisco, Mexico. For further information, please go to
www.argentumsilvercorp.com.
On behalf of the Board of Directors of Argentum Silver Corp.
Warren McIntyre, President and Chief Executive Officer
Argentum Silver Corp.
This News Release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. Argentum relies upon litigation protection for forward-looking
statements.
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