Business
Phenom Retains MarketSmart Communications
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Phenom Resources Corp. (TSXV: P...
About this update from Phenom Resources Corp
[{"type":"text","content":"\nPhenom Retains MarketSmart CommunicationsVancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) (\"Phenom\" or the \"Company\") is pleased to announce it has entered into an agreement with MarketSmart Communications Inc. (\"MarketSmart\") pursuant to which MarketSmart will provide investor relations (\"IR\") services to Phenom for an initial term of six months.Paul Cowley, Phenom's President and Chief Executive Officer, commented: \"We look forward to working with MarketSmart, a leading Canadian IR firm, to help accelerate awareness of Phenom's growth story.\"Adrian Sydenham, President of MarketSmart, stated: \"MarketSmart is thrilled to be working with Phenom at this stage of its development. Their gold portfolio and green energy vanadium assets are truly unique. Phenom is well-financed and has an experienced management team and a great share structure to achieve its corporate objectives and milestones. We look forward to working with the Phenom team and communicating with existing and potential new investors.\"Phenom will pay MarketSmart a fee of $7,500, plus applicable taxes, per month and MarketSmart and Chad Levesque, a Marketsmart partner, will each be granted stock options to purchase 100,000 common shares of Phenom at a price of $0.45 per share for a term of 36 months. The options are in accordance with Phenom's omnibus equity incentive plan and will vest in stages over a period of 12 months such that 25% of the stock options will vest three months after today's date; 25% of the stock options will vest six months after today's date; 25% of the stock options will vest nine months after today's date; and the remaining 25% of the stock options will vest 12 months after today's date. The investor relations agreement and grant of stock options are subject to the approval of the TSX Venture Exchange.Contact: MarketSmart Communications Telephone: 1- 877-261-4466 Email: [email protected] Valley Gold Project NewsThe Company engaged Zonge International Geophysical Services to conduct an IP/Resistivity geophysical survey on the Company's Crescent Valley Gold Project. The field work has now been completed. Data will be processed and assessed in the coming two weeks to focus drill targeting on the vein-hosted mineralization in this bonanza-type low ...