VANCOUVER, British Columbia,
Jan. 13, 2012 /PRNewswire/
-- Berkwood Resources Ltd. ("Berkwood" or "the
Company") is pleased to announce the engagement of Lindsay Capital
Corp. ("LCC") to perform corporate advisory and investor relations
services for the Company. For an initial ten-month period,
and subject to TSX Venture Exchange approval, effective
January 15, 2012 LCC will assist with
the creation, coordination and implementation of the Company's
targeted objectives with respect to corporate development;
producing and distributing effective marketing communication tools;
and increasing investor awareness. LCC will also introduce
the Company to private investors, analysts, brokers, money
managers, newsletter writers and other financial professionals.
As compensation for its services, LCC will receive a fee of
$6,500 (plus HST) per month in
remuneration, and the Company will grant LCC stock options to
acquire 75,000 shares in the capital of the Company at an exercise
price of $0.125, for a one year
renewal term, with a right to earn-in additional options subject to
renewal. The agreement and grant of options is subject to TSX
Venture Exchange approval.
Berkwood's President and CEO, Brian Buchanan states: "We are
pleased to have Mr. Oliver Lindsay
of Lindsay Capital Corp. working with us to help increase the
exposure of Berkwood to the financial markets and increase
awareness of the company's activities. Berkwood is working
towards its goal of identifying prospective acquisitions, and the
exploration and development of gold, silver and other mineral
deposits in North America and
South East Asia. The Company
expects good news flow over the next few months, and will work with
Mr. Lindsay to showcase the Company to a full range of retail and
institutional investors. Our Berkwood team looks forward to
working with Mr. Lindsay in the coming months."
About Lindsay Capital Corp:
Based in Florida and the
Cayman Islands, Lindsay Capital
Corp. was founded to provide a full range of capital market and
investor relation services, personalized to the needs of pre-IPO
and publicly listed North American based small-cap to mid-cap
companies. LCC is owned by Mr. Oliver-Barret Lindsay, an investor relations
professional with over 12 years marketing experience. LCC has
assisted numerous small-cap corporations gain coverage and
recognition within the global investment community.
About Berkwood Resources Ltd.
The Company just recently (January 3,
2012) reacquired the Prospect Valley Gold Property in
Merritt, BC and holds a 100%
interest in the property. The 10,790 hectare property is only
30km south of the world class Highland Valley Copper Mine, and in
close proximity to the Craigmont Mine. To date, several areas
of interest have been identified in the claim block. The
majority of the drilling has taken place in the centre of the claim
block, along a prominent north-northeast trending linear zone that
includes the Discovery South Zone, the Discovery North Zone, and
the NE Extension Zone. The project is currently in advanced
stages of exploration.
The Company has a 100% interest in the Cimandiri Gold
Property in Indonesia, located
approximately 120km south of Jakarta, approximately 3 hours driving
time. The property sits at an elevation ranging from 700m -
900m above sea level. Railway lines are nearby, with the
closest rail station located only 8km from the property. The
project is located approximately 9km southwest of the open pit
Cikondang Gold Mine. Berkwood has carried out initial mapping
and geochemical sampling during the first 7 months of exploration
at the Cimandiri prospect, and will report future material results
of work, in conformity with NI43-101 standards, as they are
received.
If you are not currently on the Berkwood Resources updates list,
please contact Karim Sayani,
Corporate Communications at 604-662-7455, or click here to opt
in to the list online:
http://www.berkwoodresources.com/contact.html.
On Behalf of the Board,
Brian Buchanan, President and Director
This Company Press Release contains certain "forward-looking"
statements and information relating to the Company that are based
on the beliefs of the Company's management as well as assumptions
made by and information currently available to the Company's
management. Such statements reflect the current risks,
uncertainties and assumptions related to certain factors including,
without limitations, competitive factors, general economic
conditions, customer relations, relationships with vendors and
strategic partners, the interest rate environment, governmental
regulation and supervision, seasonality, technological change,
changes in industry practices, and one-time events. Should any one
or more of these risks or uncertainties materialize, or should any
underlying assumptions prove incorrect, actual results may vary
materially from those described herein.
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.
SOURCE Berkwood Resources Ltd.