Hanstone Gold Corp. (TSX.V: HANS, FSE: HGO) (“Hanstone” or
the “Company”) is pleased to announce, subject to TSX
Venture Exchange and all other all regulatory approvals, that it
has retained Integral Wealth Securities Ltd. (“Integral”) to
provide ongoing strategic advice and support services with regard
to Hanstone’s ongoing capital markets activities.
As per the agreement between Hanstone and
Integral dated March 23, 2021 (the “Agreement”), Integral will
perform general capital market and advisor support services, with a
focus on maintaining active and orderly trading in the markets for
Hanstone’s securities.
In conjunction with the services rendered by
Integral, Hanstone will pay to Integral a monthly cash fee of
$6,000, with a term of 12 months from the date of execution of the
Agreement. The Company shall have a one-time right to terminate the
Agreement after 6 months, provided notice of termination is
received by Integral 7 days prior to the 180th day of the term.
After the 6th month of the term, this Agreement may be terminated
by Hanstone at any time upon 30 days’ notice.
The Company and Integral act at arm's length,
and Integral has no present interest, directly or indirectly, in
the Company or its securities. The fee to be paid by the Company to
Integral under the Agreement is for services only.
About Integral:Integral is a
full service securities dealer engaged in wealth management, market
making, and investment banking. Integral serves their clients from
offices in Toronto, Ottawa, Calgary, Vancouver, Kitchener-Waterloo,
Burlington, Sidney and Nanaimo.
About Hanstone:Hanstone is a
precious and base metals explorer with its current focus on the Doc
and Snip North Projects optimally located in the heart of the
prolific mineralized area of British Columbia known as the Golden
Triangle. The Golden Triangle is an area which hosts numerous
producing and past-producing mines and several large deposits that
are approaching potential development. The Company holds a 100%
earn in option in the 1,704-hectare Doc Project and owns a 100%
interest in the 3,336-hectare Snip North Project. Hanstone has a
highly experienced team of industry professionals with a successful
track record in the discovery of gold deposits and in developing
mineral exploration projects through discovery to production.
Ray Marks, President and Chief Executive
Officer
For Further Information Contact:Carrie Howes,
Director of Communications +1-778-551-8488,
carrie.howes@hanstonegold.comOr visit the
Company’s website at www.hanstonegold.com.
Cautionary Statement Regarding Forward Looking
Information:
The information contained herein contains
“forward-looking statements” within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and
“forward-looking information” within the meaning of applicable
Canadian securities legislation. “Forward-looking information”
includes, but is not limited to, statements with respect to the
activities, events, or developments that the Company expects or
anticipates will or may occur in the future. Generally, but not
always, forward-looking information and statements can be
identified using words such as “plans”, “expects”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, or “believes” or the negative connotation thereof or
variations of such words and phrases or state that certain actions,
events, or results “may”, “could”, “would”, “might” or “will be
taken”, “occur” or “be achieved” or the negative connotation
thereof.
Forward-looking information and statements are
based on the then current expectations, beliefs, assumptions,
estimates and forecasts about Hanstone’s business and the industry
and markets in which it operates and will operate. Forward-looking
information and statements are made based upon numerous
assumptions, including among others, the results of planned
exploration activities are as anticipated, the price of gold, the
cost of planned exploration activities, that financing will be
available if needed and on reasonable terms, that third party
contractors, equipment, supplies and governmental and other
approvals required to conduct Hanstone’s planned exploration
activities will be available on reasonable terms and in a timely
manner and that general business and economic conditions will not
change in a material adverse manner. Although the assumptions made
by the Company in providing forward-looking information or making
forward-looking statements are considered reasonable by management
at the time, there can be no assurance that such assumptions will
prove to be accurate.
Forward-looking information and statements also
involve known and unknown risks and uncertainties and other
factors, which may cause actual results, performances, and
achievements of Hanstone to differ materially from any projections
of results, performances, and achievements of Hanstone expressed or
implied by such forward-looking information or statements,
including, among others, negative operating cash flow and
dependence on third party financing, uncertainty of the
availability of additional financing, the risk that future assay
results will not confirm previous results, imprecision of mineral
resource estimates, the uncertainty of commodity prices, aboriginal
title and consultation issues, exploration risks, reliance upon key
management and other personnel, deficiencies in the Company’s title
to its properties, uninsurable risks, failure to manage conflicts
of interest, failure to obtain or maintain required permits and
licenses, changes in laws, regulations and policy, competition for
resources and financing, or other approvals.
Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in the forward-looking information
or implied by forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended.
There can be no assurance that forward-looking
information and statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking statements or information.
The Company undertakes no obligation to update or reissue
forward-looking information because of new information or events
except as required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Hanstone Gold (TSXV:HANS)
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