VANCOUVER,
Aug. 22, 2011 /PRNewswire/ -
JetGold Corp. (TSX-V: JAU/www.jetgoldcorp.com)
today announced the engagement of Bay Street Connect, a full
service, independent investor relations firm based in Toronto. Since 2003, Bay Street has been a
leading provider of investor relations services to Canadian public
companies, particularly those in the natural resources sector. The
group focuses on direct communication and face-to-face meetings,
and has helped many publically-listed firms improve relationships
within the investment community.
Bay Street will focus their demonstrated expertise on designing
and implementing an all-media investor relations marketing program
which will profile and present JetGold to a broad range of
potential investors, utilizing both retail and institutional
contacts.
Brad J. Moynes, JetGold President
and CEO stated: "We're looking forward to working with Bay
Street to provide broad awareness of our British Columbia-based gold and silver
properties. JetGold has a strong, positive story to tell and Bay
Street will assist in communicating our progress and news to
investors."
Under the terms of the engagement, which is for a minimum of 12
months, Bay Street Connect will be paid $7,500 per month. The group will also be granted
300,000 options with an exercise price of $0.30 per share. The options will vest over a 12
month period on the basis of 75,000 shares per quarter in
accordance with the policies of the TSX Venture Exchange.
The Bay Street Connect agreement is subject to regulatory
approval and all terms will be subject to and in accordance with
the rules and regulations of the TSX Venture Exchange.
JETGOLD
JetGold is a Canadian resource exploration company actively
developing gold, silver, copper, zinc, molybdenum and tellurium
mineral resource properties in British
Columbia, Canada. The company is currently undertaking
exploration of its three unique precious metals' properties:
Big Hammer, Kshish and Zinc Bay.
Big Hammer Gold/silver/tellurium
(Au/Ag/Te) property located 13 km southeast of Terrace
Kshish Molybdenum (Mo) property
located 15 km northeast of Terrace
Zinc Bay Silver/zinc (Ag/Zn) property
located in northwest BC
JetGold is strategically investing in the Terrace and Smithers mining districts of British Columbia based on excellent road
access, abundant power and water supply and close proximity to the
Fairview Terminal deep water container port in Prince Rupert. The port is an important part
of the Government of Canada's
"Asia-Pacific Gateway & Corridor Initiative" and the
Province of British Columbia's
"Pacific Gateway" strategy. Additional information at:
www.jetgoldcorp.com
On behalf of the Board of Directors,
Jet Gold Corp. (TSX.V: JAU)
"Brad J. Moynes"
Brad J.
Moynes
President & CEO
JetGold Corp.
885 West Georgia Street, Suite 1500, Vancouver, BC V6C-3E8
T: 604-601-2070 / F: 604-683-8125
www.jetgoldcorp.com
Forward Looking Information: Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Statements containing forward-looking
information express, as at the date of this news release, the
Company's plans, estimates, forecasts, projections, expectations or
beliefs as to future events or results and are believed to be
reasonable based on information currently available to the
Company.
Forward-looking statements and information
are based on assumptions that financing and personnel will be
available when required and on reasonable terms, and all necessary
regulatory approvals and shareholder approval will be obtained,
none of which are assured and are subject to a number of other
risks and uncertainties
There can be no assurance that
forward-looking statements will prove to be accurate. Actual
results and future events could differ materially from those
anticipated in such statements. Readers should not place undue
reliance on forward-looking information.
SOURCE Jet Gold Corp.