Business
Quimbaya Gold Announces Investor Relations Agreement
VANCOUVER, BC, May 29, 2023 /CNW/ - Quimbaya Gold Inc. (CSE: QIM) ("Quimbaya") is pleased to announce that it has entered into an Investor Relations Agreement (
About this update from Quimbaya Gold Inc
[{"type":"text","content":" VANCOUVER, BC, May 29, 2023 /CNW/ - Quimbaya Gold Inc. (CSE: QIM) (\"Quimbaya\") is pleased to announce that it has entered into an Investor Relations Agreement (the \"Agreement\") with Pietro Solari (address: Torre de las Americas -C2909- (Punta Pacifica) Panama City, Panama; email: [email protected]; phone: +1-647-576-7135) for Services (as defined below) for up to six months, commencing June 1, 2023. Mr. Solari shall, as appropriate, design and implement a more flexible investor communications program, produce and disseminate collateral and information materials to the investment community, assist in developing interest for future financings, manage shareholder inquiries, initiate contact with retail and institutional brokers, participate in road shows in areas as suited, assist in promotional activities of Quimbaya, and assist with marketing material conceptualization (the \"Services\"). The promotional activity shall occur via phone, email, and in person. Mr. Solari does not have any prior relationship with Quimbaya. In consideration for the Services, Quimbaya shall pay Mr. Solari CAD$5,000.00 per month (plus applicable taxes) and grant Mr. Solari 50,000 stock options (the \"Options\") at a price of $0.35. The Options shall vest immediately upon grant and will expire on the date that is 2 years from the date of grant. About Mr. Solari Mr. Solari's first professional experience was in 1980 as Treasurer of United Mining Corporation, an OTC listed company which consolidated and mined the old Comstock Lode in Virginia City NV USA. With a banking career spanning 40 years, such as with Rothschild's, Merrill Lynch, he now spends most of his time investing in Private Equity Deals in Financial Services, Technology, Agroindustry, and Mining. He brings extensive experience in capital markets having raised capital for numerous business ventures in Latin America. About Quimbaya Quimbaya aims to consolidate gold reserves through exploration and acquisition of mining properties in Antioquia, Colombia. Managed by an experienced team in mining sector, Quimbaya is focused on its Berrio Project in Antioquia, in which the company owns over 1218 hectares of prospective high-grade gold lands. Antioquia is among the most prolific areas for gold in Colombia. Cautionary Statements Certain statements contained in this press release consti...