VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2011) - Cream Minerals Ltd. (News - Market indicators)(OTCBB:CRMXF)(FRANKFURT:DFL) ("Cream" or the "Company") is pleased announce that the Company has retained John Walter Communications Inc. ("JWC") to provide Investor Relations services to the Company (the "IR Agreement"). The IR Agreement has an initial term of three (3) months and JWC will be paid $5,000 per month. The term of the IR Agreement may be extended by mutual consent. Cream has also granted 500,000 stock options to JWC, which options will vest as to 25% every three months and are exercisable at a price of $0.23 per share, on or before June 3, 2016. Should the agreement not be extended 375,000 of the 500,000 stock options will be cancelled at that time.
Mr. John Walter is the Founder and President of John Walter Communications Inc., an independent consulting firm that is dedicated to assisting junior and intermediate mining companies grow to their full potential. Mr. Walter has spent more than two decades in Institutional Equity Sales, including 17 years at UBS and its predecessor companies, providing coverage to Institutional Clients in North America, the Middle East, Asia and Australia. Mr. Walter is a Mining Engineer with extensive experience in all aspects of mine development and production. Mr. Walter graduated from Queen's University in Kingston, Ontario in 1979 with a degree in Mining Engineering. John Walter Communications Inc. is located in Toronto, Ontario.
Cream Minerals is a silver-gold exploration company. The Company's flagship project is the Nuevo Milenio silver – gold property, Nayarit Sate, Mexico. To learn more about Cream Minerals please click here www.creamminerals.com.
U.S. 20-F Registration: 000-29870
Agave Silver is a gold and silver producing company based in Canada.
Agave Silver produces gold, silver, lead and zinc in Canada, develops gold and silver in Mexico, and holds various exploration projects in Canada.
Its main asset in production is KASLO SILVER in Canada, its main asset in development is NUEVO MILENIO in Mexico and its main exploration properties are GOLDSMITH and WINE NICKEL-COPPER in Canada and CASIERRA in Sierra Leone.