Wolverine Minerals hires Gale Capital for IR services
2011-08-12 07:04 PT - News Release
Mr. Thomas Doyle reports
WOLVERINE HIRES GALE CAPITAL FOR INVESTOR RELATION SERVICES
Wolverine Minerals Corp. has engaged Gale Capital Corp. to assist with the company's investor relations efforts.
Gale Capital is a Vancouver-based, comprehensive provider of corporate finance and investor relation services, and will assist the company in fostering productive, continuing dialogues with analysts, brokers, investors and other financial professionals.
The agreement is for an initial term of three months and thereafter on a month-to-month basis with a 30-day termination provision. Gale Capital will be compensated $8,000 per month and will be granted 600,000 stock options of the company, with an exercise price of 55 cents per share. The options are granted pursuant to the company's stock option plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange.
The IR agreement is subject to review and approval by the TSX Venture Exchange.
In addition, the company granted to its directors incentive stock options to acquire up to an aggregate of 700,000 common shares at 55 cents per share for a period of five years.