Redstar Engages Doug McKay & Associates for Investor Relations Services
11 Agosto 2011 - 9:00AM
Marketwired
Redstar Gold Corp. (TSX VENTURE: RGC) is pleased to announce that
it has retained Doug McKay & Associates to provide investor
relations services for the company.
The agreement will be for a period of 6 months and is renewable,
subject to earlier termination by either party on 30 days advance
written notice. Redstar Gold will pay Doug McKay & Associates
$6,000 per month and grant options to purchase 250,000 common
shares of the company's stock at the deemed price of $0.41 per
share. This option will vest in accordance with policies of the TSX
Venture Exchange and the agreement is subject to approval of the
exchange.
Doug McKay & Associates has extensive contacts in the
investment community and has worked with a number of junior
exploration companies. Most recently they provided Investor
Relations services to Richfield Ventures Corp. (Richfield) from Jan
20, 2010 through to completion of takeover by New Gold Inc. in
April 2011.
About Redstar Gold
Redstar has recently acquired a high-grade epithermal gold
district in Alaska. The Shumagin project in Alaska includes a
high-grade gold deposit with a non 43-101 compliant resource, a
bulk tonnage non 43-101 compliant resource, a historic high-grade
gold mine, and numerous high priority exploration targets. In
addition to the Alaska project Redstar currently has an aggressive
drill program underway on a high-grade gold discovery in Red Lake,
Ontario. Along with the high-grade gold projects in Alaska and Red
Lake, the company also has a total of 14 gold-focused projects in
Nevada.
On Behalf of the Board,
Redstar Gold Corp.
Scott Weekes, President
Forward-Looking Information This release includes certain
statements that may be deemed "forward-looking statements". All
statements in this release, other than statements of historical
facts, that address events or developments that Redstar Gold
Corporation (the "Company") expects to occur, are forward-looking
statements. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by
the words "expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or
"should" occur. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from
those in the forward-looking statements. Factors that could cause
the actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, and continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are
made. Except as required by applicable securities laws, the Company
undertakes no obligation to update these forward-looking statements
in the event that management's beliefs, estimates or opinions, or
other factors, should change.
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.
Contacts: Redstar Gold Corp. Tim Mikula Investor Relations
604.488.0051 604.488.0053 (FAX) tmikula@redstargold.com
www.redstargold.com
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