Sacre-Coeur Minerals Engages Dedicated Investor Relations Coordinator

Thu Feb 7, 2013 3:01am EST

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VANCOUVER, British Columbia--(Business Wire)--
SACRE-COEUR MINERALS, LTD. (the "Company") today announced that it has engaged
Mr. Ryan Carpel as its Investor Relations Coordinator for an initial term of one
year. Mr. Carpel has more than 15 years of experience in capital markets. Having
worked both the buy and sell side of the institutional marketplace at Terra Nova
Trading, Nite Capital Management, Next Generation Equity Research and most
recently, J.P. Morgan Securities, he is thoroughly familiar with the securities
business. While working as an Analyst at Nite Capital Management, he spearheaded
research and investing in approximately 400 companies, including over 50
resources companies. Mr. Carpel earned an MBA degree from Loyola University in
Chicago. 

Mr. Carpel`s work shall be exclusively for the Company. Compensation for Mr.
Carpel`s services includes fees in the amount of US$5,500 per month and
incentive stock options, subject to regulatory approvals, to purchase up to
200,000 common shares of the Company`s Common Stock. The options are exercisable
for a term of three years at a price of CAD $0.18 per share. Mr. Carpel shall
also entitled to a discretionary bonus, to be paid in one or more distributions,
of up to US $50,000 in aggregate based on a subjective assessment of his
performance, and which is expressly not related to market performance of the
stock of the Company. Payment of discretionary bonus, if recommended by
management, shall be subject to approval by the Company`s board of directors. 

About Sacre-Coeur

The Company is engaged in the acquisition, exploration, development, and
production of properties for gold, metals and diamonds in South America,
initially focussing on exploration and production of gold from its properties in
Guyana. The Company presently holds 100% interest in approximately 850 sq. km of
mineral properties in Guyana, including the Million Mountain Property which
hosts an NI 43-101 compliant hard-rock resource of 12,119,285 tonnes grading 1.0
g/t Au Measured, and 2,175,278 tonnes grading 0.9 g/t Au Indicated for a total
451,000 tr oz Au combined. The Company has offices in Vancouver, Canada and
Georgetown, Guyana. More information about the Company is available at
. 

ON BEHALF OF THE BOARD OF DIRECTORS OF
SACRE-COEUR MINERALS, LTD.

"Gregory B. Sparks"
Gregory B. Sparks, P. Eng.
President & CEO

                                                                     
 For further information, contact:                                   
 Gregory Sparks, President and CEO        Jennifer Todhunter, CFO    
 Email: greg@scminerals.com               Email: jen@scminerals.com  
 Phone: 604-899-0100                      Phone: 604-899-0100        
 Fax: 604-899-0200                        Fax: 604-899-0200          
                                                                     


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.

This news release may contain "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 or
"forward-looking information" within the meaning of applicable Canadian
securities laws, which we will refer to as "forward-looking information". Often,
but not always, forward-looking information can be identified by the use of
words such as "plans", "expects", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "believes" or the
negatives thereof or variations of such words and phrases or statements that
certain actions, events or results "may", "could", "would", "might" or "will" be
taken, occur or be achieved. Forward-looking information includes, but is not
limited to, statements pertaining to gold production, development activities,
commissioning of environmental studies, application for necessary permits for
production operations, metallurgical studies, commissioning of a third party
feasibility study, arrangement of financing for development, formal production
decisions, business combinations. 

We can give no assurance that the forward-looking information will prove to be
accurate. Forward-looking information by its nature is based on assumptions and
involves known and unknown risks, uncertainties and other factors, including
those discussed in the Company`s quarterly and annual management discussion and
analysis, which are available at www.sedar.com under the Company`s profile, any
of which may cause the actual results, performance or achievements of the
Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking information. The
forward-looking information is based on a number of assumptions that management
believes are reasonable, including but not limited to assumptions about: the
price of gold; the financial condition of the Company; anticipated costs and
expenditures; estimated production; mineral resources or reserves; and
metallurgical recoveries; general business conditions; and the ability to
achieve our goals. The forward-looking information is also subject to certain
risks, uncertainties and other factors associated with our business, including
but not limited to: gold price volatility; risks of not meeting production and
cost targets; discrepancies between actual and estimated production; mineral
reserves and resources and metallurgical recoveries; mining operational and
development risk; litigation risks; regulatory restrictions, including
environmental regulatory restrictions and liability; risks of sovereign
investment and operating in foreign countries; currency fluctuations;
speculative nature of gold exploration; global economic climate; dilution; share
price volatility; competition; loss of key employees; additional funding
requirements; and defective title to mineral claims or property, as well as
those factors discussed in the Company`s quarterly and annual management
discussion and analysis. Should underlying assumptions prove incorrect, or
should one or more of the risks, uncertainties or other factors materialize,
actual results may vary materially from those expressed or implied in the
forward-looking information. 

Forward-looking information is designed to help you understand management`s
current views of our near and longer term prospects, and it may not be
appropriate for other purposes. Forward-looking information is based on the
reasonable beliefs, estimates and opinions of management at the date the
statements are made and is subject to change without notice. These factors
should be carefully considered and viewers are cautioned not to place undue
reliance on forward-looking information, which speaks only as of the date of
this news release. We will not necessarily update this information unless we are
required to by applicable securities laws.

Sacre-Coeur Minerals, Ltd.
Gregory Sparks, 604-899-0100
President and CEO
Fax: 604-899-0200
greg@scminerals.com
or
Jennifer Todhunter, 604-899-0100
CFO
Fax: 604-899-0200
jen@scminerals.com


Copyright Business Wire 2013

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