Tiex Inc. Announces Agreement With Caracle Creek International Consulting
Inc.
KELOWNA, BC, Nov. 30 /CNW/ - Tiex Inc. ("Tiex" or the "Company") TSX-V: TIX is pleased to announce today that Caracle Creek International Consulting (CCIC) and Tiex has entered into a "General Consultancy Agreement", whereby CCIC will act as the geological agent for all Tiex property in British Columbia.
CCIC has an impressive list of international clientele that includes Anglo Ashanti in South Africa and Freeport McMoran in North America and has branches in Sudbury Ont., Toronto Ont., Vancouver B.C. and Johannesburg South Africa.
The Company is pleased to announce that Mr. Steve Wetherup P.Geo. will lead CCIC's team and has agreed to be the Tiex Q.P. (Qualified Person) in all reporting.
Ken Faulkner, V.P. Corporate Development, says "This marks an important Milestone in the development of our company. With our dominant land position in the Cariboo region in BC and with recent interest by major companies it became imperative that we look to acquire the geological knowledge and leadership that CCIC and Steve Wetherup can bring to Tiex. I have known the people that created CCIC since their inception and have watched them earn the reputation they now enjoy. There is no better fit for us than Steve's team that can help us take our company to the next level".
On behalf of CCIC Mr. Steve Wetherup says," We look forward to work with Tiex and their impressive property portfolio in the Cariboo region. The region itself holds tremendous promise and we believe Tiex and CCIC are in a position to prove it". Mr. Wetherup also adds," Work performed will be carried out utilizing the PDAC's e3 Plus Framework for Responsible Exploration with reference to Environmental Stewardship, Health and Safety and Social Responsibility."
About Tiex Inc.
Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 137,572 hectare Cariboo Goldfields Project located in the historic Quesnel Trough area of central British Columbia, Canada. The property is accessible by highway and logging roads year round. For more information, you can visit the company's website at www.tiexinc.com
About CCIC
CCIC is an independent firm of professional geological, engineering and mining consultants with offices in Canada (Sudbury, Toronto, and Vancouver) and South Africa (Johannesburg). The professionals of CCIC have extensive experience in the mineral exploration industry working for private and public exploration and mining companies, as well as other geological and engineering consultants. For more information, you can visit the company's website at www.cciconline.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Ernest Bergvinson"
President & CEO
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.
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.
%SEDAR: 00022424E
For further information:
Ken D. Faulkner, V.P. Corporate Development
Telephone: (250) 869 - 1607
Facsimile: (250) 868 - 0798
Email: [email protected]
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