Business
Camino Corp. Engages RK Equity as Capital Markets Advisor
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2020) -   Camino Corp. (TSXV: C...
About this update from Camino Minerals Corporation
[{"type":"text","content":"Camino Corp. Engages RK Equity as Capital Markets AdvisorVancouver, British Columbia--(Newsfile Corp. - April 23, 2020) -  Camino Corp. (TSXV: COR) (OTC PINK: CAMZF) (WKN: A116E1) (\"Camino\" or the \"Company\") is pleased to announce the engagement of New York based, RK Equity Advisors LLC, led by Howard Klein and Rodney Hooper as capital markets advisor to assist Camino in raising its profile in the global investment community. For the past 20 years RK Equity has specialized in advising resource developers, including extensive work with copper and other lithium-ion battery technology materials issuers. \"I have worked with RK Equity for the past 17 years, during which time we developed from early stages two leading companies in their respective sectors -- Jinshan Gold Mines based in China (now China Gold International) and Western Lithium Corp. based in Nevada and Argentina (now Lithium Americas Corporation)\" said Jay Chmelauskas, President and CEO of Camino Corp. \"We plan to connect investor interest in the global electrification theme to the copper sector, and build a significant copper company, starting with our copper discovery at Los Chapitos in Peru.\" \"I'm excited to be working again with Jay and his proven team of shareholder value creators and with Rodney, to help Camino attract investors to their new copper development platform\" said Howard Klein of RK Equity. \"Like lithium, copper is an enabling technology metal for the electrification of our economy, in batteries, electric vehicles and EV charging infrastructure. We also recognize copper's renewed importance in our changing world where new copper demand may be driven by anti-microbial alloys and infrastructure stimulus.\" The agreement is for six months, commencing April 22, 2020. In consideration of the services to be provided, Camino will pay a retainer fee of USD 5,000 per month and, subject to regulatory approval, will issue 250,000 incentive stock options to RK Equity half of which strike at $0.16 and the other half at $0.25. Camino will also grant various directors and employees a total of 150,000 incentive stock options exercisable at $0.16 per share. About Camino Minerals CorporationCamino is a discovery and development stage copper exploration company. The Company is focused on advancing its high-grade, Los Chapitos copper project located in Peru...