Nevada Clean Magnesium Appoints Hanover | Elite as New Investor and Public Relations Counsel Of Record
(via Thenewswire.ca)
VANCOUVER, BRITISH COLUMBIA - May 02, 2013
Nevada Clean Magnesium Inc. (TSXV: NVM; OTC Pink: MLYFF;
Frankfurt-M1V) ("NevadaCMI"), is pleased to report the
engagement of Hanover|Elite as the Company's Investor and Public
Relations counsel of record.
Hanover|Elite is a joint venture created by Hanover International,
Inc. and Elite Financial Communications Group, who have teamed to
leverage their respective strengths, resources and spheres of
influence in the global capital markets to create an innovative IR/PR
model for merging and applying best industry practices in financial
communications, corporate branding and awareness, regulatory
compliance and capital markets access services.
In collaboration with NevadaCMI's senior leadership, Hanover|Elite is
charged with developing, implementing and supporting a fully
integrated corporate and shareholder communications platform for the
Company; and generating meaningful awareness among and measurable
support from the retail and institutional investment communities for
NevadaCMI and its compelling business plan and promising future growth
potential. Jim Hock, Co-Managing Partner of Hanover|Elite, will lead
the combined IR/PR teams and provide strategic counsel and direction
to the Company.
NevadaCMI has agreed to compensate Hanover|Elite a monthly retainer of
$5,000 for the first six months of the 12-month agreement; and $10,000
per month for the following six months. In addition, Hanover|Elite
will be issued a total of two million shares of restricted common
stock, issuable in quarterly installments and in accordance with TSXV
policies. The Company has the right to terminate the agreement at any
time, without any penalties, following the first 90 days.
Commenting on the appointment, Hock stated, "We are very pleased
to have been selected to team with NevadaCMI and look forward to
working closely with its leadership to win the Company due attention
and support for its well-defined business plan for earning distinction
as a noted leader in the global minerals and mining industry by
developing its magnesium opportunity."
About Hanover International Inc.
Led by James E. Hock - current Co-Chairman of the National Investment
Banking Association and broadly recognized as "the entrepreneur's
consultant," Hanover International has advised hundreds of
micro-, small- and mid-cap companies since its founding in 1990 with
defining and implementing effective mergers and acquisitions and
institutional shareholder relations strategies. With offices in Los
Angeles, New York and Beijing, Hanover International is comprised of a
professional team of experts in the areas of investment banking, debt
and equity deal structuring, market awareness and support, SEC law and
compliance, mergers and acquisitions, market research and analysis,
corporate management and new business development.
About Elite Financial Communications Group
Since 2001, Elite has combined diverse business expertise, influence,
talent and capabilities to achieve quantifiable results for emerging
publicly traded and privately held companies. Elite works closely
with its clients to customize and implement fully integrated marketing
and communications strategies and programs designed to achieve optimal
transparency and proactive communications with shareholders and the
investment community at large. Through Elite Media Group, the Company
teams with its valued clientele to realize business and performance
objectives through initiatives that leverage public and media
relations, social networking, brand and reputation management, event
planning, crisis management and government relations. Elite also
provides copywriting, collateral development and production, formal
media training and market trend analysis, among other traditional and
new media services. For more information, please visit www.efcg.net
or follow on Twitter: @EliteFinancial.
About Nevada Clean Magnesium Inc.
NevadaCMI is a diversified precious, specialty and base metal
exploration and development company focusing on magnesium, molybdenum
and gold exploration and development in North America. For more
information, please visit www.nevadacmi.com.
On Behalf of Management
Edward Lee
Chairman and CEO
Information Contacts
Edward Lee, CEO
Nevada Clean Magnesium Inc.
#602-15216 North Bluff Road,
White Rock,
V4B 0A7
Telephone: 604-210-9862 Facsimile: 604-210-9842
Toll Free: 1-800-698-9862
Email: info@nevadacmi.com
The TSX-Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This news
release may contain certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than
statements of historical fact, included herein are forward-looking
statements that involve various risks and uncertainties. There can be
no assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations
are disclosed in the Company's documents filed from time to time with
the TSX-Venture Exchange, the British Columbia Securities Commission
and the US Securities and Exchange Commission. We seek safe harbor.
Copyright (c) 2013 TheNewswire - All rights reserved.
