CGM Engages Integral Wealth Securities Limited to Provide Market Support Services
Toronto, Ontario (FSCwire) - California Gold Mining Inc. (“CGM” or the “Company”) is pleased to announce that it has engaged Integral Wealth Securities Limited ("Ìntegral") to provide market support services to the Company in accordance with applicable securities laws and the policies of the TSX Venture Exchange ("TSX.V"). Integral will trade shares of the Company on the TSX.V for the purposes of maintaining an orderly market and improving the liquidity of the Company's shares. The capital and securities required for any trade undertaken by Integral as principal will be provided by Integral.
CGM has engaged Integral to provide such services for a term of 12 months. Integral will be paid a monthly fee of CAD$5,500 plus any reasonable costs and expenses it incurs in connection with the services provided. Integral will not receive shares or options as compensation pursuant to the agreement. After 3 months, the Company has a right to terminate the engagement.
Established in 2003, Integral is a private and independent investment dealer headquartered in Toronto, Ontario. Integral is a member of the Investment Industry Regulatory Organization of Canada ("IIROC") and can access all Canadian stock exchanges and alternative trading systems.
CGM and Integral are unrelated and unaffiliated entities. Integral has no current interest, direct or indirect in CGM or its securities, but does hold a right to acquire an interest in CGM.
The engagement of Integral to provide market support services to CGM is subject to acceptance of the TSX Venture Exchange.
About California Gold Mining Inc.
California Gold Mining Inc. is focused on developing its flagship Fremont gold project in Mariposa County, California. The project consists of a land package totaling 3,351 acres of historically producing gold mines. The Fremont Property lies within California’s prolific Mother Lode Gold Belt that has produced over 50 million oz of gold historically. The Company purchased the property in March 2013.
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.
For further information contact:
Vishal Gupta
President and Chief Executive Officer
647-977-9267 x333
Website: www.caligold.ca
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/CaliGold12092016.pdf
Source: California Gold Mining Inc. (TSX Venture:CGM, OTCQX:CFGMF)
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