WESTMINSTER ENGAGES MARKETSMART COMMUNICATIONS INC. FOR INVESTOR RELATIONS
WMR-TSX.V
VANCOUVER, Oct. 29 /CNW/ - Westminster has engaged Marketsmart Communications Inc. to develop and execute a comprehensive marketing and investor communications plan to help raise awareness of the company over a one year term, subject to TSX Venture Exchange approval.
Marketsmart Communications Inc. is a Vancouver-based marketing and communication firm that will introduce Westminster to national and international brokerage houses, provide shareholder and investor communication services and arrange media, advertising and other public relations programs.
Under the agreement, Marketsmart Communications Inc. will receive a fee of $6,000+HST per month, for a one year term, and 200,000 incentive stock options exercisable at a price of $0.35 per share that will vest quarterly over a period of 12 months.
Westminster Resources Ltd., is a resource exploration and development company that is focused on advancing its mineral district-scale properties in Sonora state, Mexico. Westminster has assembled two projects, the 24,156 hectare El Cobre property and the 18,175 hectare Navojoa property, both of which have near-surface mineralized zones with elevated precious and base metal content that fit the Company's interpretation that they are part of an extensive gold-copper-silver porphyry system. At the Anita Copper Mine site the vein, breccia and diatreme mineralization is an attractive stand alone and untested shallow drill target that the Company is currently actively exploring.
ON BEHALF OF THE BOARD OF DIRECTORS WESTMINSTER RESOURCES LTD. "Glen Indra" ------------------------------------
This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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For further information: regarding Westminster Resources Ltd., please contact Leif Smither at 604-608-0400, Toll Free: 1-877-608-0007 or visit our website at www.westminsterres.com
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