Business
San Lorenzo Retains Acuity Advisory for Communications and Advisory Services
(TheNewswire) CALGARY, AB – TheNewswire - November 14 , 2024 - San...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Retains Acuity Advisory for Communications and Advisory Services\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n CALGARY, AB –\n \n\n TheNewswire -\n \n\n November\n \n\n 14\n \n\n ,\n2024 -\n \n San Lorenzo Gold Corp. (\"\n \n San Lorenzo\n \n \" or the \"\n \n Company\n \n \") (TSXV:\n \n SLG\n \n ) is pleased to announce\n \n that, subject to the approval of the TSX Venture Exchange, it\nhas entered into a consulting services agreement (the\n\"\n \n\n Agreement\n \n\n \") with Acuity Advisory Corp. (\"\n \n\n Acuity\n \n\n \") to\nprovide investor relations services to the Company.\n \n\n\n\n Acuity was founded in 2022 to provide corporate\ncommunications and corporate advisory assistance to Canadian and U.S.\nlisted companies, with a specific focus on the junior mining and\nmineral exploration sectors. Acuity's founders and principals, Jeffrey\nWilson and Roger Blair, have over 25 and 22 years of public markets\nexperience respectively, bringing to San Lorenzo extensive experience\nin investor relations and corporate communications within the global\nmining industry. Acuity's network encompasses North American and\ninternational institutional and retail investors, investment advisors,\ninvestment bankers, mining analysts, high net worth individuals and\nstrategic investors. Acuity and its shareholders have advised San\nLorenzo that they do not currently own any shares of the Company, nor\ndo they have any right to purchase shares.\n \n\n\n\n The Agreement with Acuity is effective November 1, 2024\nfor a twelve (12) month term, will renew monthly on an indefinite\nbasis and may be terminated by either party with 60 days' written\nnotice.  Acuity will receive a monthly fee of $7,500, plus applicable\ntaxes and incentive stock options (\"\n \n\n Options\n \n\n \") to\npurchase a total of 500,000 common shares of the Company exercisable\nat a price of $0.12 per common share, subject to and in accordance\nwith the terms of the Company’s Incentive Stock Option Plan and the\nPolicies of the TSX Venture Exchange. The Options vest as to 25%\nstarting three months after the Options were granted and 25% every\nthree months thereafter.\n \n\n\n\n Commenting on the engagement, Mr. Al Kroontje and Mr.\nTerence Walker, San Lorenzo’s CEO and VP Exploration respectively,\nagreed that they are exci...