Sacre-Coeur Minerals Engages Dedicated Investor Relations Coordinator
07 Février 2013 - 9:01AM
Business Wire
SACRE-COEUR MINERALS, LTD. (the “Company”) today
announced that it has engaged Mr. Ryan Carpel as its Investor
Relations Coordinator for an initial term of one year. Mr. Carpel
has more than 15 years of experience in capital markets. Having
worked both the buy and sell side of the institutional marketplace
at Terra Nova Trading, Nite Capital Management, Next Generation
Equity Research and most recently, J.P. Morgan Securities, he is
thoroughly familiar with the securities business. While working as
an Analyst at Nite Capital Management, he spearheaded research and
investing in approximately 400 companies, including over 50
resources companies. Mr. Carpel earned an MBA degree from Loyola
University in Chicago.
Mr. Carpel’s work shall be exclusively for the Company.
Compensation for Mr. Carpel’s services includes fees in the amount
of US$5,500 per month and incentive stock options, subject to
regulatory approvals, to purchase up to 200,000 common shares of
the Company’s Common Stock. The options are exercisable for a term
of three years at a price of CAD $0.18 per share. Mr. Carpel shall
also entitled to a discretionary bonus, to be paid in one or more
distributions, of up to US $50,000 in aggregate based on a
subjective assessment of his performance, and which is expressly
not related to market performance of the stock of the Company.
Payment of discretionary bonus, if recommended by management, shall
be subject to approval by the Company’s board of directors.
About Sacre-Coeur
The Company is engaged in the acquisition, exploration,
development, and production of properties for gold, metals and
diamonds in South America, initially focussing on exploration and
production of gold from its properties in Guyana. The Company
presently holds 100% interest in approximately 850 sq. km of
mineral properties in Guyana, including the Million Mountain
Property which hosts an NI 43-101 compliant hard-rock resource of
12,119,285 tonnes grading 1.0 g/t Au Measured, and 2,175,278 tonnes
grading 0.9 g/t Au Indicated for a total 451,000 tr oz Au combined.
The Company has offices in Vancouver, Canada and Georgetown,
Guyana. More information about the Company is available at .
ON BEHALF OF THE BOARD OF DIRECTORS OFSACRE-COEUR
MINERALS, LTD.
“Gregory B. Sparks”Gregory B.
Sparks, P. Eng.President & CEO
For further information,
contact:
Gregory Sparks, President and CEO Jennifer
Todhunter, CFO Email: greg@scminerals.com Email: jen@scminerals.com
Phone: 604-899-0100 Phone: 604-899-0100 Fax: 604-899-0200 Fax:
604-899-0200
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.
This news release may contain “forward-looking statements”
within the meaning of the United States Private Securities
Litigation Reform Act of 1995 or “forward-looking information”
within the meaning of applicable Canadian securities laws, which we
will refer to as “forward-looking information”. Often, but not
always, forward-looking information can be identified by the use of
words such as “plans”, “expects”, “is expected”, “budget”,
“scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or
“believes” or the negatives thereof or variations of such words and
phrases or statements that certain actions, events or results
“may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved. Forward-looking information includes, but is not limited
to, statements pertaining to gold production, development
activities, commissioning of environmental studies, application for
necessary permits for production operations, metallurgical studies,
commissioning of a third party feasibility study, arrangement of
financing for development, formal production decisions, business
combinations.
We can give no assurance that the forward-looking information
will prove to be accurate. Forward-looking information by its
nature is based on assumptions and involves known and unknown
risks, uncertainties and other factors, including those discussed
in the Company’s quarterly and annual management discussion and
analysis, which are available at www.sedar.com under the Company’s
profile, any of which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking information. The forward-looking information
is based on a number of assumptions that management believes are
reasonable, including but not limited to assumptions about: the
price of gold; the financial condition of the Company; anticipated
costs and expenditures; estimated production; mineral resources or
reserves; and metallurgical recoveries; general business
conditions; and the ability to achieve our goals. The
forward-looking information is also subject to certain risks,
uncertainties and other factors associated with our business,
including but not limited to: gold price volatility; risks of not
meeting production and cost targets; discrepancies between actual
and estimated production; mineral reserves and resources and
metallurgical recoveries; mining operational and development risk;
litigation risks; regulatory restrictions, including environmental
regulatory restrictions and liability; risks of sovereign
investment and operating in foreign countries; currency
fluctuations; speculative nature of gold exploration; global
economic climate; dilution; share price volatility; competition;
loss of key employees; additional funding requirements; and
defective title to mineral claims or property, as well as those
factors discussed in the Company’s quarterly and annual management
discussion and analysis. Should underlying assumptions prove
incorrect, or should one or more of the risks, uncertainties or
other factors materialize, actual results may vary materially from
those expressed or implied in the forward-looking information.
Forward-looking information is designed to help you understand
management’s current views of our near and longer term prospects,
and it may not be appropriate for other purposes. Forward-looking
information is based on the reasonable beliefs, estimates and
opinions of management at the date the statements are made and is
subject to change without notice. These factors should be carefully
considered and viewers are cautioned not to place undue reliance on
forward-looking information, which speaks only as of the date of
this news release. We will not necessarily update this information
unless we are required to by applicable securities laws.
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