Uranium Standard Engages Vanguard as Investor Relations and Grants Options
08.10.2014 | Marketwired
VANCOUVER, Oct 7, 2014 - Uranium Standard Resources Ltd. (TSX VENTURE:USR) ("Uranium Standard" or the "Company") is pleased to announce that it has retained Vanguard Shareholder Solutions Inc. to provide investor relations and capital markets advisory services to the Company.Paul J. Lathigee and the Vanguard team have been providing strategic advisory services to some of Canada's most successful publicly traded venture-stage resource companies since 2001. Vanguard has considerable experience working within the uranium sector, having worked with UrAsia Energy Ltd. in 2005 until its combination with Uranium One Inc. in 2007.
Vanguard will help Uranium Standard create awareness and visibility within the financial community. Vanguard has assisted its clients raise hundreds of millions of dollars of equity capital, as described at www.vanguardsolutions.ca.
As consideration for its services, Vanguard will be paid a monthly fee of $7,500 and will been granted 300,000 options at a price of $0.20 exercisable for a period of five years. The agreement with Vanguard is for an initial term of one year and is subject to acceptance for filing by the TSX Venture Exchange.
Additionally, the Company is pleased to announce that it has reserved for grant options to purchase up to 2,000,000 common shares at a price of $0.20. The options are exercisable for a period of five years. Options granted pursuant to Investor Relation agreements will vest 25% per quarter from the date of grant in accordance with TSX Venture Exchange policies. The granting of options and the agreement with Vanguard are subject to regulatory approvals.
About Uranium Standard Resources Ltd. "Uranium Understood"
Uranium Standard is a uranium resource acquisition and development company, helmed by management and directors with expertise and successful track records in the resource sector, and particularly the uranium sector. With uranium prices trading at multi-year lows, the Company's strategy is to consolidate a significant portfolio of advanced high-quality uranium assets at deeply discounted valuations. Uranium Standard expects to realize substantial value as the uranium market recovers through declining global inventories and natural growth in the nuclear power industry.
On Behalf of the Board of Directors of Uranium Standard Resources Ltd.
Arni Johannson
President and CEO
Neither 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.
Contact
604-681-0004
www.uraniumstandard.com
