OAKVILLE, ON,
March 4, 2014 /CNW/ - Canoe Mining
Ventures Corp. (TSXV: CLV) ("Canoe") is pleased to announce
it has hired Toronto-based
Fridgelight Media Incorporated to manage traditional investor
relations and to develop a digital communications strategy for
Canoe. Under the terms of the 12 month contract, Fridgelight Media
Incorporated will be paid CAD $3,350
monthly and Luke Vigeant has been
appointed as 'Manager, Investor Relations' for Canoe. In addition
to his role with Canoe, Mr. Vigeant is acting Head of
Communications for Giyani Gold Corp. and President of Fridgelight
Media Incorporated. Prior to holding these positions Mr. Vigeant
worked as a consultant with IBM Global Business Services.
Luke Vigeant holds a direct
interest in Canoe with 36,500 shares in the capital of Canoe and
35,000 common share purchase warrants. Mr. Vigeant has the right
and intends to, from time to time, purchase additional Canoe
securities for investment purposes. Mr. Vigeant has been granted
100,000 options to purchase common shares in the capital of Canoe,
the details of which are highlighted below.
Grant of Options
On February 27, 2014 Canoe granted
2,000,000 stock options to purchase common shares in the capital of
Canoe with an exercise price of $0.25
per common share, which reflects a 12% increase over the closing
price of Canoe's common shares on the date of issuance, to various
directors, officers, and consultants in accordance with Canoe's
stock option plan. 1,900,000 options will vest immediately
and the 100,000 options granted to Mr. Vigeant will vest over a
twelve month period with 25,000 options vesting every three
months. All 2,000,000 options will expire on February 27, 2019. The grant of options
remains subject to TSX Venture Exchange approval.
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 news release.
Additional information and corporate documents may be found on
www.sedar.com and the Canoe website www.canoemining.com.
SOURCE Canoe Mining Ventures Corp.