Pebble Creek announces engagement of investor relations consultants

TSX-V: PEB, FRANKFURT: BHB

VANCOUVER , Oct. 20 /CNW/ - Pebble Creek Mining Ltd. (the "Company" or "Pebble Creek") announces that the Company has engaged Gale Capital Corporation ("Gale Capital") and General Research GmbH ("General Research") as consultants to provide investor relations services.

Gale Capital is an investor relations firm with an office in Vancouver , British Columbia. Mark van der Horst is the President, Secretary and principal shareholder and founder of Gale Capital. Pursuant to the engagement, Gale Capital will assist the Company in developing and implementing an investor relations program, identify a communication strategy and communicate with retail broker contacts to enhance corporate recognition and increase awareness and interest in the Company. In consideration for its services, Pebble Creek will pay Gale Capital $5,000 per month for a term of three months plus reimbursement of all related expenses. The Company has also granted Gale Capital stock options to purchase up to 480,000 common shares of the Company at an exercise price of $0.12 per share, which shall vest in tranches over a period of 12 months.

General Research is a German research publication and investor relations firm with an office in Munich , Germany . Dr. Georg Hochwimmer is the chief analyst, managing director, principal shareholder and founder of General Research. Pursuant to the engagement, General Research will assist the Company in increasing its exposure in Europe and assist in arranging road shows at various European venues. In consideration for its services, Pebble Creek will pay General Research EUR 2,500 per month for a term of one year. The Company has also granted General Research stock options to purchase up to 480,000 common shares of the Company at an exercise price of $0.12 per share, which shall vest in tranches over a period of 12 months.

None of Gale Capital and Mark van der Horst owns any securities of, or holds any interest in, Pebble Creek, or has any right or intent to acquire any securities of, or interest in, Pebble Creek.

General Research and Georg Hochwimmer presently hold 500,000 and 355,333 common shares of Pebble Creek, respectively.

    
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    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    

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For further information: Gale Capital Corporation, Telephone: [phone], Andrew Nevin, President & CEO, Telephone: [phone]