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Nevada Exploration Inc. Announces AGM, Grants Options, and Enters Investor Relations Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 19, 2015) - Nevada Exploration Inc. ("NGE" or the "Company") (TSX VENTURE:NGE) wishes to announce that it will
About this update from Urz3 Energy Corp.
[{"type":"text","content":" VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 19, 2015) - Nevada Exploration Inc. (\"NGE\" or the \"Company\") (TSX VENTURE:NGE) wishes to announce that it will be holding its Annual General and Special Meeting (\"AGM\") on December 21, 2015; that it has granted incentive stock options to officers and directors of the Company; and that it has entered into an investors relations agreement. AGM The Company will hold its AGM on Monday, December 21, 2015, at 10:00 a.m. at the offices of Farris, Vaughan, Wills & Murphy LLP at 25th Floor, 700 West Georgia Street, Vancouver, British Columbia, V7Y1B3. The Company has set the record date for the AGM at Wednesday, November 11, 2015. Stock Options The Board of Directors of the Company has approved a resolution to grant an aggregate of 1,625,000 stock options (\"Options\") to acquire common shares of the Company pursuant to the Company's Stock Option Plan (the \"Plan\") to officers and directors of the Company. The Options have an exercise price of $0.185, and vest according to the following schedule: one-third immediately; one-third on October 19, 2016; and one-third on October 19, 2017. The Options will expire in accordance with the Plan and not later than October 19, 2020. Investor Relations Agreement The Company has engaged Future Money Trends, LLC (\"FMT\") to provide certain financial publishing and digital marketing services focusing on introducing the Company to a broader audience. FMT is a California based firm headed by Daniel Ameduri, a media and investor relations specialist in the natural resources sector. In exchange for providing these services, FMT will receive an initial fee of US$30,000 and a monthly fee of US$7,000. The agreement with FMT is for a one year term and the Company has the right to cancel the agreement at any time. The Company has also agreed to issue FMT 100,000 incentive stock options by the fourth month of the term of the agreement. About Nevada Exploration Inc. NGE is an exploration company focused on gold in Nevada. NGE is led by an experienced management team that has been involved with the discovery of more than 30 million ounces of gold in Nevada. NGE is aggressively applying the latest in covered deposit exploration technology to identify, acquire, and advance new exploration properties in Nevada's highly prospective yet underexplored covered ...