Avanti Mining Hires
Nicola Street Capital Inc. as Investor
Relations Consultants
Vancouver, British Columbia: Avanti Mining Inc. (TSX-V: AVT)
("Avanti" or the "Company") reports that it has
signed a six-month Consulting Agreement with Nicola Street Capital Inc.
("Nicola Street Capital") to act as Investor Relations
consultants to the company.
Nicola Street Capital is a privately held British Columbia Company,
based in Vancouver, and provides investor relations and other marketing
services to public companies. Nicola Street Capital and Avanti are at
arms-length to one another. Nicola Street Capital does not hold or have
the right to acquire an interest, directly or indirectly in Avanti.
Nicola Street Capital will provide investor relations services
including, but not limited to, communicating with investors and
potential investors. Nicola Street Capital will not provide market
making services.
Nicola Street Capital will be paid a monthly fee of $2,154 per month
and one-time setup fees of $2,700. The Consulting Agreement may be
extended beyond the initial six month term upon the mutual agreement of
Avanti and Nicola Street Capital.
Avanti is focused on the development of the past producing Kitsault molybdenum mine located north of Prince
Rupert in British Columbia.
For further information, please visit www.avantimining.com, or contact:
Craig J. Nelsen, Chief Executive Officer, 303-565-5491, extension 4471,
or
A.J. Ali, Chief Financial Officer, 303-565-5491, extension 4472
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.
Forward-Looking Statements: This news release contains certain
forward-looking information concerning the business of Avanti Mining
Inc. (the "Corporation"). All statements, other than
statements of historical fact, included herein including, without
limitation; statements about the recoverability of molybdenum at the Kitsault property and other matters related to the
development of the Kitsault molybdenum mine,
are forward-looking statements. These forward-looking statements are
based on the opinions of management at the date the statements are made
and are based on assumptions and subject to a variety of risks and
uncertainties and other factors that could cause actual events to
differ materially from those projected in forward-looking statements.
Important factors that could cause actual results to differ materially
from the Corporation's expectations include fluctuations in commodity
prices and currency exchange rates; uncertainties relating to
interpretation of drill results and the geology, continuity and grade
of mineral deposits; uncertainty of estimates of capital and operating costs,
recovery rates, production estimates and estimated economic return; the
need for cooperation of government agencies and native groups in the
exploration and development of properties and the issuance of required
permits; the need to obtain additional financing to develop properties
and uncertainty as to the availability and terms of future financing;
the possibility of delay in exploration or development programs or in
construction projects and uncertainty of meeting anticipated program
milestones; uncertainty as to timely availability of permits and other
governmental approvals; and other risks and uncertainties disclosed in
the Corporation's Annual Information Form for the year ended December
31, 2009, which are available at www. Sedar.com. The Corporation is
under no obligation to update forward-looking statements if
circumstances or management's opinions should change, except as
required by applicable securities laws. The reader is cautioned not to
place undue reliance on forward-looking statements.
You can also
view this News Release on our website at:
http://www.avantimining.com/s/NewsReleases.asp?ReportID=441380
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