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LithiumBank Resources Engages Brisco Capital Partners for Investor Relations Services
CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) a lithium develop
About this update from Lithiumbank Resources Corp.
[{"type":"text","content":" CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) a lithium development company focused on lithium-enriched brine projects in Western Canada, announces that effective April 1, 2023, it has engaged Brisco Capital Partners Corp. (“Brisco”) to provide marketing and investor relations services (the “Services”) to assist LithiumBank with expanding investor awareness of its business and actively communicating with the investment community. In consideration for the Services, LithiumBank will pay Brisco a monthly fee of $7,500. LithiumBank has engaged Brisco for a term of 12 months, however LithiumBank can terminate the engagement at any time upon giving 30 days’ notice to Brisco. LithiumBank has also agreed to grant Brisco 200,000 stock options to purchase common shares for a period of 5 years at a price of $1.29 per share. 1/4 of such options shall vest every three months over a period of one year. Brisco is at arm’s length to the Company and is a Calgary, Alberta based full-service investor relations firm with more than two decades of experience working with publicly listed Canadian issuers, with a particular focus on resource companies. Brisco assists its clients with formulating and implementing an investor relations and communication strategy, including introducing its clients to a broad network of high-net worth investors, retail brokers, institutional buyside portfolio managers and industry specific analysts. The principal of Brisco is Scott Koyich. Neither Brisco nor Mr. Koyich currently owns any common shares or warrants of LithiumBank. About LithiumBank Resources Corp. LithiumBank Resources Corp. is a development company focused on lithium-enriched brine projects in Western Canada where low-carbon-impact, rapid DLE technology can be deployed. LithiumBank’s mineral titles are strategically positioned over known reservoirs that provide a unique combination of scale, grade and exceptional flow rates that are necessary for a large-scale direct brine lithium production. LithiumBank is advancing and de-risking several projects in parallel of the Boardwalk Lithium Brine Project. Contact: Rob ShewchukCEO & Dire...