TSX.V: GNG
US: GGTHF
VANCOUVER, Aug. 2 /CNW/ - Golden Goliath, a junior exploration company, has appointed cQuest, a capital markets advisory affiliate of Christensen to provide investor and media relations services. cQuest assists companies with market capitalizations of less than $200 million achieve fair market valuation and strengthened brand recognition in the global financial markets and business media. The appointment of cQuest reinforces the Company's commitment to improve its external communications and increase its visibility within the financial community.
"It is vital that we increase public awareness of the resource potential at Golden Goliath's 100% owned Uruachic Camp situated in the prolific Sierra Madre Occidental Mountains of Mexico," said Paul Sorbara, president, Golden Goliath Resources Ltd. "An enhanced and focused investor and media relations program is particularly important at this time, now that we have adequate financing in place well into the future and as we start to focus drilling efforts on our top targets within the camp. In addition, our key strategic shareholders have demonstrated their long-term commitment, having recently increased their shareholdings in the company," he added.
The services agreement with cQuest is for 12 months effective from June 1st, 2007 until June 30th, 2008 at a monthly fee of CAN$6,000 payable in quarterly installments. The agreement is subject to TSX Venture Exchange approval and its rules and policies.
About Golden Goliath
Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG). The Company is focused on exploring and developing the gold and silver potential of an historic mining camp located in the world famous Sierra Madre Occidental Mountains of northwestern Mexico. Unlike most juniors, which have an option to earn an interest in a single property or a few scattered properties in various areas or countries, Golden Goliath controls an entire old mining camp, or district, that covers an area of 15 by 25 kilometres, with numerous past producing gold and silver mines dating back to the time of the Spaniards. Golden Goliath's Uruachic claims are owned 100% by the Company and are fully paid for with no property option or purchase payments to make. To find out more about Golden Goliath visit www.goldengoliath.com.
About cQuest
cQuest is an affiliate of Christensen, a global capital markets advisory firm with offices in New York, Hong Kong, Phoenix, Montreal, Toronto and Calgary. Providing its clients with a customized choice of investor relations and financial communication solutions, designed to fit clients' individual needs, cQuest assists companies with market capitalizations of less than $200 million achieve fair market valuation and strengthened brand recognition in the global financial markets.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements which may include financial and business prospects, as well as statements regarding the Company's future plans, objectives or economic performance and financial outlooks. Such statements are subject to risk factors associated with the real estate industry and the overall economy in both Canada and the United States. The Company believes that the expectations reflected in this press release are reasonable, but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements.
In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof and unless otherwise required by applicable securities laws, the Company does not intend nor does it undertake any obligation to update or revise any forward-looking statements to reflect subsequent information, events, results or circumstances or otherwise.