Business
Nevada Exploration Inc. - Richard F. Seamans engaged as United States Financial Consultant and Lighthouse Media Investor Relations agreement signed
Nevada Exploration Inc. - Richard F. Seamans engaged as United States Financial Consultant and Lighthouse Media Investor Relations agreement signed.
About this update from Urz3 Energy Corp.
[{"type":"text","content":"\n\n\n\nMONTREAL, May 16 /CNW Telbec/ - Nevada Exploration Inc. ("NGE") is\npleased to announce that it has retained Richard F. Seamans of Waltham, Mass.\nto act as its United States-based capital markets, financial and strategic\nconsultant. Mr. Seamans is the founder and managing director of Seamans\nCapital Management, an investment advisory firm which specializes in the\nmanaging of global resource funds. Wade Hodges, the President of NGE, stated:\n"We are delighted that we have been able to enter into a formal arrangement\nwith Mr. Seamans which will allow us to benefit from his significant global\nresource expertise and financial contacts." In addition to his role as\nfinancial consultant, Mr. Seamans has joined the Advisory Board of NGE\neffective today.\n\n\nInvestor Relations Agreement\n\n\n----------------------------\n\n\nNGE has also entered into an investor relations services agreement with\nLighthouse Media and Communications of 141 Adelaide Street West, Suite 110,\nToronto, Ontario M5H 3L5. Lighthouse is a public relations firm serving small\nand medium-sized public companies and Mr. William Koble is the President of\nLighthouse. Investor relations advisory services to be provided by Lighthouse\nto NGE shall include, without limitation, the dissemination of corporate\ninformation on NGE and the establishment of NGE's profile with retail,\nfinancial and institutional investors, portfolio managers, and mining analysts\nin North America and Europe.\n\n\nIn consideration for its services as described above, NGE will pay\nLighthouse a fee of $5,000 per month for a renewable term of 12 months,\ncommencing on May 15, 2007. The company will also grant 500,000 incentive\nstock options to Lighthouse at $0.60 per share for a maximum period of\n5 years. The options will vest 125,000 each quarter for a period of one year.\nThe aforementioned is subject to regulatory approval where required.\n\n\nAbout NGE\n\n\n---------\n\n\nNGE is an exploration company focused on gold exploration in Nevada. NGE\nhas 100% ownership interests in the mineral rights to exploration properties\nin Nevada's major gold trends and is led by a highly experienced management\nteam. The company developed a proprietary groundwater chemistry exploration\ntechnology and has completed the first ever survey of Nevada's groundwater\nchemist...