Pitchstone Engages Blueprint Investor Relations
Consulting
Pitchstone Exploration Ltd. (TSX-V: PXP) is pleased to announce that
it has retained Blueprint Investor Relations Consulting (“Blueprint”)
and its CEO Dan Barnholden
to
develop and execute an investor relations campaign aimed at broadening
awareness of Pitchstone in the capital markets.
Blueprint is a Toronto
based investor relations firm specializing in capital markets
solutions for junior mining companies. Prior to forming Blueprint,
Dan Barnholden gained experience in the mining sector as an investment
banker with BMO Nesbitt Burns and has held other finance and investor
relations related positions in Toronto, New York and London, England.
Dan has an MBA from the Ivey School of Business at the University of
Western Ontario and a BA in English and Communications from McGill
University.
Blueprint has been
engaged for a two year term. In consideration for the services to be
provided, Pitchstone will pay $20,000 for the first six month period
and grant an option to purchase 60,000 shares at an exercise price of
$1.38 expiring June 12, 2009. Subsequent to the initial sixth months,
Pitchstone will pay Blueprint a monthly retainer of $3,000 per month.
After six months the relationship may be terminated by either party
with two months notice.
Pitchstone is an
aggressive uranium exploration company with eight projects in the
eastern Athabasca Basin, Saskatchewan, four projects in the Hornby Bay
Basin, Nunavut and NWT, and an exploration partnership with Cameco and
Motapa Diamonds in Gabon.
On behalf of the
Board,
E.A.G. (Ted) Trueman,
CEO and Director
For
further information contact: Ted Trueman, CEO, Pitchstone
Exploration (604) 630 5560,
ted@pitchstone.net, Dan Barnholden, CEO, Blueprint Investor
Relations Consulting (416) 625 2334,
dbarnholden@blueprintir.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
assumptions, estimates, and other forward-looking statements
regarding future events. Such forward-looking statements involve
inherent risks and uncertainties and are subject to factors, many of
which are beyond the Company’s control, that may cause actual
results or performance to differ materially from those currently
anticipated in such statements.