Business
Cascada Silver Engages Mars Investor Relations Inc. and Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - April 1, 2021) - Cascada Silver Corp. (CSE: CSS) ("Cascada") is pleased to announce that it has engaged Mars Investor Relati
About this update from Aterra Metals Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - April 1, 2021) - Cascada Silver Corp. (CSE: CSS) (\"Cascada\") is pleased to announce that it has engaged Mars Investor Relations Inc. (\"Mars\") to manage Cascada's marketing, investor outreach and investor relations activities. \"Cascada is excited to have the support of Mars.\" said Carl Hansen, CEO, Cascada. \"The Mars team is a dynamic group of investor relations and mining professionals with broad industry experience. I look forward to working with Mars and employing their expertise for the benefit of our shareholders as we grow Cascada into a major South America focused explorer\". Under the terms of the engagement agreement, Cascada has retained the services of Mars for a period of 12 months. In consideration of the services to be provided, monthly fees of $12,000 will be incurred and 300,000 Cascada options have been issued to Mars. Each option entitles Mars to acquire one Cascada common share at an exercise price of $0.15 until 30 days after the termination of the Mars agreement. Cascada also reports that it has granted 3,625,000 stock options with 2,000,000 granted to Cascada directors and officers and 1,625,000 granted to consultants. Each option entitles the holder to acquire one Cascada common share at an exercise price of $0.15 until March 31, 2024. About Cascada Silver Corp. Cascada is a mineral exploration company focused on silver and gold exploration in Latin America with four properties under option in Chile, including the historic Agua Amarga property where high-grade epithermal silver-bearing veins were mined during the 19th century. A historical article, published in 1812, reported 86 silver veins being mined at Agua Amarga with grades varying from 3,078 g/t to 41,035 g/t silver. Cascada's team of successful exploration professionals are dedicated to the discovery of mineral deposits that can be progressed into economically viable development projects creating value for all stakeholders. On behalf of Cascada Silver Corp., Carl Hansen, CEO For additional information, please contact us at [email protected]. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This news release contains forward-looking statements, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to: plans for the evaluation of exploration ...