Business
Callinex Engages Clarion Consulting as Advisory Firm
Callinex Engages Clarion Consulting as Advisory Firm Canada NewsWire VANCOUVER, ...
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":"\n\n\n\nCallinex Engages Clarion Consulting as Advisory Firm\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 8, 2017\n\n\n\nVANCOUVER, June 8, 2017 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has entered into a financial advisory services agreement (the \"Financial Advisory Agreement\") with Clarion Consulting Sarl.  Under the terms of the Financial Advisory Agreement, Callinex has agreed to pay a monthly consulting fee of USD $10,000 per month.\n\nClarion will assist Callinex in forming productive relationships with private investors, analysts, investment funds, brokers and other financial institutions and interested parties.  Carlo Civelli, who controls Clarion, owns, directly and indirectly, 4,750,000 common shares of Callinex.  Nico Civelli, a member of Callinex's board of directors, is the son of Carlo Civelli.\n\nMax Porterfield, President and CEO, stated, \"We are looking forward to working with Mr. Civelli in an increased capacity from his current role as Chairman of the Advisory Board. Mr. Civelli is a supportive long-term shareholder of Callinex with a strong network of European investors within the natural resource sector.\"\n\nClarion is based in Monaco and provides financial advisory and consulting services.\n\nThe Financial Advisory Agreement, which is subject to the approval of the TSX Venture Exchange, is for a period of 3 months.  Callinex may terminate the Financial Advisory Agreement on providing 10 days written notice to the other party.\n\nAbout Callinex Mines Inc.\n\nCallinex Mines Inc. is focused on discovering and developing zinc and copper rich mines within prolific Canadian VMS mining jurisdictions. The Company is actively exploring its Pine Bay Project, located in the Flin Flon mining district of Manitoba, which hosts significant historic VMS deposits that are within close proximity to a processing facility. The larger project portfolio hosts three significant zinc rich mineral resources including the Poin...