New Carolin Engages Mr. Ron Cooper For Capital Markets Support
Vancouver British Columbia / TheNewswire / May 6 2016 -- New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD / OTC PK: LADFF) The Company is pleased to announce that it has entered into an agreement with Mr. Ron Cooper, to assist the Company with its capital market plans.
Mr. Cooper graduated from the University of Memphis with a B.Sc. in finance in 1980. After working for several years at a Vancouver brokerage firm as a compliance officer, Ron has spent the past 28 years as a marketing consultant to private and public companies. Over this time he has arranged financing and provided marketing services to over 80 companies, several of which have become major corporations.
The contract fee is $6300 per month for an initial 6-month term, and upon mutual consent will continue on a month to month basis thereafter.
Robert Thast, New Carolin CEO commented: "The Company is fortunate to have Ron join our team to help increase exposure through his many contacts within the financial community in North America. Ron has helped numerous junior resource companies to mature over the years and we look forward to working with him".
The agreement includes a contract fee of $6,300 per month for an initial 6-month term, which upon mutual consent will continue on a month-to-month basis thereafter. Additionally, he has been granted 500,000 incentive stock options priced at $0.085, vesting as to 25% per quarter for a period of one year.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the "Ladner Gold Project" (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.
For additional information, please visit the Company's website at www.newcarolingold.com or call toll-free 1-855-891-9185.
ON BEHALF OF THE BOARD OF DIRECTORS
"Robert L. Thast"
President & Chief Executive Officer
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 the accuracy of this press release.
Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.
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