Key Gold Holding Hires Ansacha Capital Inc. for Investor Relations and Announces Grant of Stock Options
February 01 2011 - 6:01PM
Marketwired
Key Gold Holding Inc. (TSX VENTURE: KGH) ("Key Gold") announces
that it has granted an aggregate of 650,000 options (the
"Options"), including 600,000 options to officers and directors, to
purchase common shares of Key Gold exercisable at a price of 0.21
per common share until January 31, 2016.
The Options are granted pursuant to the company's incentive
stock option plan which was approved by shareholders at the Key
Gold's annual general meeting of shareholders held on January 19,
2011 (the "Plan").
Key Gold is also pleased to announce the engagement of Ansacha
Capital Inc. ("Ansacha") to perform corporate advisory and investor
relations services for the company, effective January 1, 2011 for a
period of twelve months. Ansacha will assist with the creation,
coordination and implementation of Key Gold's targeted public and
investor relations outreach objectives. As part of its mandate,
Ansacha will introduce Key Gold to the retail and institutional
investment communities as well as to companies having the profile
to be a potential joint venture partner for a project in Key Gold's
portfolio. Ansacha does currently hold, either directly or
indirectly, 625,000 shares of Key Gold.
As compensation for its services, Ansacha is entitled to a fee
of $4,000 per month. Additionally, Key Gold will grant 100,000
stock options to Ansacha at an exercise price of 0.21$ for a period
of two years, subject to regulatory approval. The options will vest
in accordance with the Plan.
About Key Gold Holding Inc.
Key Gold Holding Inc. is a mineral exploration company that is
mainly focused on the acquisition, exploration and development of
gold and copper properties.
Forward looking Statement
This document contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not
under the corporation's control which may cause actual results,
performance or achievements of the corporation to be materially
different from the results, performance or expectation implied by
these forward looking statements.
Neither 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.
Contacts: Key Gold Holding Inc. Louis Lessard President
418-781-0272 418-650-4922 (FAX) info@keygoldholding.com
www.keygoldholding.com Ansacha Capital Inc. Jean-Francois Lemay
514-214-8388 ansacha@gmail.com
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