Vancouver, British Columbia, August 27, 2020: Inflection Resources Ltd. (the “Company” or “Inflection”) (CSE: AUCU) is pleased to announce that it has retained the services of Brisco Capital Partners Corp. (“Brisco”) to perform investor relations activities for the Company, including communications with and marketing to investment advisors, shareholders and media contacts.
Brisco is a Calgary based investor relations consultancy with a 20-year history, led by Scott Koyich. Brisco has represented various successful public companies and leverages its extensive investment community network and experience in the capital markets.
As compensation, the Company has agreed to pay Brisco $7,500 per month for a six month term and grant to Brisco 300,000 incentive stock options exercisable at $0.55 per common share over a two year term, that are subject to a 12 month vesting period with 25% of the options vesting every three months. The stock options are subject to the acceptance of the Canadian Securities Exchange.
About Inflection Resources
Inflection is a technically driven gold and gold-copper focused mineral exploration company listed on the Canadian Securities Exchange under the symbol “AUCU” with projects in Eastern Australia. The Company has a large portfolio of drill-ready projects in New South Wales and in Queensland.
For more information, please refer to the Company’s prospectus dated June 12, 2020 available on SEDAR (www.sedar.com) or visit the Company’s website at www.inflectionresources.com.
On Behalf of the Board of Directors
President and CEO
For further information, please contact:
President and CEO
+1 (604) 681-3170
This news release includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, anticipated content, commencement, and cost of exploration programs in respect of the Company’s projects and mineral properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, including the Company’s exploration plans. the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, the Company’s limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company’s prospectus dated June 12, 2020 and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR website at www.sedar.com.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law.