CuOro Retains Accent Marketing to Provide Investor Relations Services in Europe
23.11.2011 | Marketwire
VANCOUVER, 11/23/11 - CuOro Resources Corp. (TSX VENTURE: CUA) (FRANKFURT: 6BC) ('CuOro' or the 'Company') is pleased to announce it has retained Accent Marketing GmbH to provide CuOro with investor relations services in Europe. Accent and CuOro are at arm's length.Led by Jorg Schweizer, Munich-based Accent Marketing is a provider of Financial Public Relations for public companies trading in the German market. Established in 2003, Accent Marketing is a pioneer in combined media and online public relations for small and mid cap public companies from Europe, North America and Australia.
Pursuant to an agreement between Accent and CuOro, Accent will be paid 1,500 euros per month to provide the said services for a period of six months, subject to automatic six month renewals unless cancelled in advance by either party.
In addition, the Company agrees to grant an incentive stock option under the Company's Stock Option Plan (the 'Plan') to the Investor Relations Agent to purchase a total of 25,000 common shares in the Company at a price of $1.50 per share exercisable for a period of 5 years, which stock option shall be subject to the terms and conditions of the Plan.
About CuOro Resources Corp.
CuOro's growth strategy has been to identify mineral properties that have significant potential to develop large scale resources in well-established and mining friendly districts such as Colombia. Management looks to leverage its exploration and development expertise to bring additional resources and value to shareholders and to reduce development risk and expense through its focus on community relations, corporate and social responsibility. With approximately $20 million in the treasury, the Company will continue to look for additional opportunities that can bring value to the Company and its shareholders through its approach to business. The company is committed to upholding the highest environmental and social standards while focusing on delivering the financial growth its shareholders expect.
For further information regarding CuOro, see CuOro's disclosure documents on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of CuOro,
Robert Sedgemore
President & CEO.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
CuOro Resources Corp.
Dave Doherty, VP Corporate Development
(604) 315-1237
ddoherty@cuororesources.com
Apex Capital Inc.
Brett Allan
(416) 907-4148
ballan@apexcap.ca