Golden Hope Mines Engages Paradox for Investor Relation Services
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TORONTO, ONTARIO, May 19 (MARKET WIRE) --
GOLDEN HOPE MINES LTD. (TSX VENTURE: GNH)(PINK SHEETS: GOLHF) a junior
exploration company actively exploring for gold and base metals, is
pleased to announce the engagement of Paradox Public Relations as
strategic investor relations consultants to the company. Paradox will
focus on developing and expanding Golden Hope Mines' communications with
the investment community through a comprehensive investor relations
program.
Paradox was engaged by Golden Hope Mines on May 19th, 2009 for a monthly
fee of $5,000 for professional services for a period of 12 months, with
the fee due and payable at the beginning of every month. The agreement
with Paradox is for a 6 month period, which may be extended with the
prior written consent of both parties, and may be terminated by either
party upon 30 days notice. Paradox has been granted 350,000 incentive
stock options exercisable at a price of $0.12 per share, for a period of
two years. The options shall vest and become exercisable as to one
quarter of the number granted on a quarterly basis over the ensuing year,
and shall expire 30 days upon termination of the agreement.
This agreement is subject to acceptance by the TSX Venture Exchange.
Golden Hope has cancelled its previous agreement announced on April 9th
2009.
About Paradox
Paradox is a boutique investor relations firm based in Montreal and
focused on small and micro cap companies. Our primary role is to bring
together our select clients within the Canadian investment community with
our network of investment managers and investment funds. We customize our
services to fit the needs of our clients in order to provide an elite
investor relations service.
About Golden Hope Mines Ltd.
Golden Hope Mines Limited is a mineral exploration company that seeks to
grow shareholder value through the acquisition, exploration and
development of potentially large-scale gold, silver and base metal
projects suitable for underground and/or open-pit mining. The company's
two areas of interest are located in Quebec, Canada and Maine, U.S.A. The
Bellechasse gold project in Quebec includes the Timmins and Ascot gold
zones, the Coucou volcanic target and a number of newly claimed
serpentinite geological formations. For further information on Golden
Hope, visit www.goldenhopemines.com.
Forward-Looking Information
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address future production, reserve
potential, exploration drilling, exploitation activities and events or
developments that the company expects are forward-looking statements.
Although the company believes the expectations expressed in such
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may
differ materially from those in the statements. Factors that could cause
actual results to differ materially from those in forward-looking
statements. These include market prices, exploitation and exploration
successes, continued availability of capital and financing, and general
economic, market or business conditions. Investors are cautioned that any
such statements are not guarantees of future performance and actual
results or developments may differ materially from those projected in the
forward-looking statements. For more information on the company,
investors should review registered filings at www.sedar.com.
The
TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release.
Contacts:
Golden Hope Mines Ltd.
Louis Hoel
President
416-362-3509
416-864-0175 (FAX)
info@goldenhopemines.com
Copyright 2009, Market Wire, All rights reserved.
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