Magna Announces Investor Relations Service Agreement
November 26, 2013 (Source: Marketwired) – Magna Resources Ltd. (CNSX:MNA)(OTCQX:MGRZF) (the “Company” or “Magna”) is pleased to announce that it has entered into an investor relations service agreement (“Agreement”) with Network IR (“Network”) to develop and execute a comprehensive marketing and investor communication program to help raise awareness of the Company.
Network is a Vancouver-based full service investor relations company with experience in creating exposure for mineral exploration companies to industry stakeholders and investors. Network strives to represent companies that fall under the “best of breed” category for their specific focus area. Network’s service will include consulting to the Company with respect to producing and distributing effective marketing communication tools and increasing investor awareness.
Network has been hired for an initial term of three months, renewable thereafter on mutual agreement by both parties. As consideration for services provided, the Company will pay Network a fee of $5,000 plus applicable taxes per month.
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About the Company
Magna Resources Ltd. is dedicated to the acquisition and development of potash mineral deposits in the USA and elsewhere. The Company, through a wholly owned subsidiary, American Potash LLC, a Nevada limited liability corporation, holds certain State potash leases and approval of certain federal potash prospecting permits in the State of Utah that constitute the Green River Potash Project, host to a significant potash Exploration Target.
On behalf of the Board of Directors
Mike Sieb, President
Neither the OTCQX nor the Canadian National Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian National Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release other than purely historical information should not be relied upon, including statements relating to the Company’s future plans and objectives or expected results, are “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and Canadian securities laws. Forward-Looking Statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the Forward-Looking Statements.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>