Discovery Ventures Inc. Announces European Investor Relations Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 12, 2014) - Discovery Ventures Inc. (TSX VENTURE:DVN) (FRANKFURT:0DV) ("Discovery" or "the Company"), is pleased to announce that it has retained Star Finance GmbH, an investor relations firm from Switzerland ("Star Finance") to provide investor relations services in Europe.
Star Finance GmbH is one of the founding members of Stockteam Germany - a network of Europe-based individual investor relations companies and communication specialists (www.stockteam-germany.com). Stockteam Germany is a one-stop-shop for European investor relations and corporate communication activities and offers a large variety of state-of-the-art services to its clients, including lead generation, media coverage and dissemination (on- and offline), news release translation and dissemination, social media relations, online investor video conferences, institutional roadshows and listing assistance for German stock exchanges. These activities are long-term focussed and bundled into tailor-made packages for each individual client.
Star Finance will provide investor relations, marketing and consultant services for the European market for Discovery for a period of twelve months. Star Finance will be paid a monthly fee of CAD$4,500 payable in one annual pre-payment of CAD$54,000 plus allowable disbursements.
About Discovery Ventures Inc.
Discovery is an exploration and development stage company focused on the WillaMAX gold project. A summary of the project is provided in a recent Preliminary Economic Assessment (PEA) and announced on May 28, 2014, WillaMAX PEA Highlights Low CAPEX and Robust Project Economics. The WillaMAX project would combine the well-defined Willa copper-gold resource with processing facilities at the MAX Mine, both located in south east BC. Due diligence is underway for project financing that is anticipated to facilitate the completion of key acquisitions and advance engineering and permitting work for both sites. The MAX Mine acquisition includes existing permits, a modern mill & concentrator and sizeable tax loss pools.
On behalf of the Board of Directors,
Akash Patel, President, CEO and Director, Discovery Ventures Inc.
This press release contains forward-looking information that involve various risks and uncertainties regarding future events, including statements regarding the anticipated benefits of the engagement of Star Finance. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Discovery. There are numerous risks and uncertainties that could cause actual results and Discovery's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks inherent in the mineral exploration industry in general; and (iii) the inability of Discovery to complete the project financing. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Discovery does not intend to update these forward-looking statements.
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.