AQM Copper Inc. Renews Investor Relations Agreement with Pinnacle Capital Markets LTD. and Grants Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 2, 2014) - AQM Copper Inc. ("AQM Copper Inc." or the "Company") (TSX VENTURE:AQM)(BVL:AQM) announces that it has granted stock options to certain directors, officers, employees and consultants of the Company to purchase an aggregate of 970,000 common shares in the capital of the Company, each at an exercise price of $0.10 per share for a period of five years expiring on December 17, 2018 pursuant to the Company's Stock Option Plan.
The Company has also extended its contractual agreement with Pinnacle Capital Markets LTD. ("Pinnacle"), to develop and provide investor relations services for the Company. Pinnacle has been engaged to refine and execute an investor relations strategy that will enhance and expand AQM Copper Inc. exposure with the Canadian and international investment community. Pinnacle will assist AQM Copper Inc. in fostering productive, continuing dialogues with analysts, brokers, potential investors, current shareholders and other financial professionals.
The term of the agreement is for a period of one year (the "Term") and may be extended at any time during the Term for an additional one year by written agreement of the parties. AQM Copper Inc. will compensate Pinnacle with a monthly retainer of $7,000. Pinnacle also received 100,000 stock options as part of the Company's grant of options set out above. The agreement is subject to the approval of the TSX Venture Exchange.
About Pinnacle
Pinnacle Capital Markets LTD. is a Toronto-based advisory firm that provides full range of services to publicly-listed companies operating primarily in the mining, oil and gas, technology and renewable energy sectors. They also assist private companies develop and define a capital markets strategy for future public listing. Their objective is to work closely with their clients to achieve key investor relations goals such as: assist in positioning their client in the context of the public markets, enhance visibility within the financial community, increase liquidity through enhanced retail and institutional awareness, attract and increase equity research coverage, and assist in identifying much needed growth capital. PCM believes that a successful investor relations program depends on a multifaceted approach, including an effective strategy, tactical execution, thoughtful advice, and ongoing communication.
About AQM Copper
AQM Copper Inc. is a Canadian-based mineral exploration company exploring and developing copper deposits in South America. Through its Peruvian subsidiary, Minera AQM Copper Peru S.A.C. ("MAQM"), the Company is developing the Zafranal Copper-Gold Porphyry Project located in Southern Peru (the "Zafranal Project"). MAQM is the operator of a 50/50 joint venture with Teck Resources Ltd. through a sole purpose Peruvian company, Compañia Minera Zafranal. MAQM is owned 60% by AQM, and 40% by Mitsubishi Materials Corporation, pursuant to a transaction outlined in the Company's news release of July 2, 2013. As such, the Company has a 30% beneficial ownership interest in the Zafranal Project. The Company's management and directors have extensive experience working for the world's largest mining copper producers and investment banking backgrounds. Please refer to the Company's website at www.aqmcopper.com for further information regarding the Company and the Zafranal Project.
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 release.
Contact
Pinnacle Capital Markets LTD.
Spyros P. Karellas
Investor Relations
(416) 433-5696 / (416) 800-8921
spyros@pinnaclecapitalmarkets.ca