Business
Northern Iron strengthens investor relations capability with the appointment of Cutler McCarthy Inc.
VANCOUVER, Nov. 28, 2012 /CNW/ - Northern Iron Corp. (TSX-V: NFE) (OTCQX-NHRIF) (FRANKFURT...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Nov. 28, 2012 /CNW/ - Northern Iron Corp. (TSX-V: NFE) (OTCQX-NHRIF) (FRANKFURT; N81); (\"Northern\" or the\n \"Company\") has retained the services of Cutler McCarthy Inc. (\"Cutler McCarthy\")\n to strengthen its investor relations and corporate communications\n programs.\n\n\n\"With a strong cash position, growing order book and proposed near-term\n production of hot briquetted iron from the past producing Griffith\n mine, Northern Iron is in an enviable position relative to many of its\n peers. We believe the strength of our board, management team and\n projects needs to be more effectively communicated to new and existing\n shareholders. We have retained the services of Cutler McCarthy to\n leverage their expertise, contacts and experience to lead and\n facilitate that process and become an integral part of our investor\n relations team,\" said, Basil Botha, President & CEO of Northern Iron.\n\n\nCutler McCarthy will receive a fee of CDN$5,000 per month for a period\n of 12 months.  The Company will also grant an option to Cutler McCarthy\n to purchase 300,000 common shares of the Company over a two year period\n subject to regulatory approval. The options will be released in three\n tranches of 100,000 options, the first tranche being released in\n December 2012, the second in March 2012 and the final tranche in June\n 2012. The options will vest in stages over the 12 month period of the\n contract. The option price of each tranche will be determined at market\n value of the stock price on the grant date of each tranche.\n\n\nAbout Cutler McCarthy Inc.\n\n\nHeadquartered in Toronto, Canada, Cutler McCarthy is a dynamic financial\n communications firm offering a full range of services including\n investor relations, public relations, financial advisory services and\n corporate communications. Specializing in the natural resources\n sectors, Cutler McCarthy leverages the experience of seasoned industry\n professionals to deliver fully integrated investor focused strategies.\n Past clients include Alternative Energy, Junior Mining, and Oil & Gas\n companies listed on the global stock exchanges.\n\n\nAbout Northern Iron Corp.\n\n\nThe Company is a 100% owner of five iron ore properties in the Red Lake\n district containing over 500 million tonnes of historical resources\n with grades ranging...