VANCOUVER, CANADA– June 25th, 2019: Sitka Gold Corp. (CSE: SIG) (the “Company” or “Sitka”) is pleased to announce that it has engaged the services of Small Cap Invest Ltd. (”SCI”), a Frankfurt-based business development and corporate finance advisory firm, to provide the company with business development and corporate finance advisory support in Germany and Europe. Alexander Friedrich is the President and Chief Executive Officer of SCI.
SCI has extensive experience and a strong track record of success working with promising growth companies in increasing their visibility and access to capital through SCI’s extensive network of experienced partners and investors in Europe.
The SCI team has an extensive background in the European financial community and uses this to facilitate the listing of stocks, introductions to investors through road shows and trade shows, securing public funding and private financing, and a variety of other business development activities.
Cor Coe, Sitka’s CEO commented, “We are extremely pleased to be working alongside SCI and Alexander Friedrich with the purpose of increasing awareness of Sitka and presenting Sitka to an expanding international investing audience. SCI’s track record simply increases my confidence that we will be successful in this objective.”
Pursuant to the agreement with SCI, the Company will pay SCI $6,500 per month for a 12- month term. The Company has also granted SCI 150,000 stock options with an exercise price of 12 cents per share. These options are subject to regulatory approval.
About Sitka Gold Corp.
Sitka Gold Corp. is a mineral exploration company headquartered in Canada and managed by a team of experienced mining industry professionals. The Company is focused on exploring for economically viable mineral deposits with its primary emphasis on gold and copper mineral properties of merit. Sitka currently has an option to acquire a 100% interest in the Adobe Gold property in Nevada, an option to acquire a 100% interest in the Burro Creek Gold property in Arizona and owns a 100% interest in its Coppermine River project in Nunavut and the Alpha Gold property in Nevada. Directors and Management own approximately 36% of the outstanding shares of Sitka Gold, a solid indication of their alignment with shareholder’s interests.
ON BEHALF OF THE BOARD OF DIRECTORS OF SITKA GOLD CORP.
“Donald Penner”
President and Director
For more information contact:
Donald Penner
President & Director
dpenner@sitkagoldcorp.com
or
Cor Coe
CEO & Director
604-817-4753
ccoe@sitkagoldcorp.com
or
Peter MacLean
Director
604-781-8513
petergmaclean@hotmail.com
Cautionary Statements Regarding Forward Looking InformationThis news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “would” and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the expected timing and terms of the private placement, use of proceeds, anticipated work program, required approvals in connection with the work program and the ability to obtain such approvals. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
The forward‐looking statements and information contained in this news release are made as of the date of this news release and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
The CSE has neither approved nor disapproved of the contents of this press release.
