New Cantech Appoints Derek Huston to Support Investor Relations
May 12 2008 - 3:06PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (FRANKFURT: C7X) is pleased to
announce the appointment of Mr. Derek Huston of D.A. Huston
Consulting to support the Company's investor relation
activities.
Mr. Huston will initiate and maintain contact with the financial
community, shareholders and investors. In addition, he will assist
New Cantech's management in strategizing, formulating and
implementing its communications programs. Mr. Huston has extensive
experience in investor relations and corporate communications
services and has represented several successful publicly trading
companies in the last twenty years.
As part of this three month Engagement Agreement, extendible by
mutual agreement, Mr. Huston is to be paid a fee of $6,000 per
month. He will also be vested in 125,000 New Cantech options
exercisable at 25 cents at the end of the three months, and a
similar vesting at the end of any three month extension thereafter,
for a total grant of a maximum of 500,000 options that can be
vested at the end of twelve months. The agreement announced today
is made subject to the approval of the TSX Venture Exchange.
About New Cantech
New Cantech is a TSX Venture listed mineral exploration and
development company focusing on the development of its Lucky Ship
Molybdenum Property in west central British Columbia and the
advancement of its other mineral exploration properties, all of
which are located within Canada.
On Behalf of the Board
James. D. Jacuta, Chairman, President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of the
information contained herein.
Contacts: D.A. Huston Consulting Derek Huston (604) 929-2337 or
Toll Free: 1-800-665-4288 New Cantech Ventures Inc. (604) 638-0699
or Toll Free: 1-866-580-0699 Website: www.newcantech.com
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