THE CORPORATION APPOINTS RED CLOUD KS AS ITS INVESTOR RELATIONS ADVISOR
MONTREAL, July 4, 2016 /PRNewswire/ - MONARQUES GOLD CORP. ("Monarques" or the "Company") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce it has engaged Red Cloud Klondike Strike Inc. ("RedCloudKS") to be its strategic investor relations advisor.
"We are very pleased to announce Monarques Gold's engagement of RedCloudKS," said Jean-Marc Lacoste, President and Chief Executive Officer. "We believe that Red Cloud's extensive experience in the mining industry will enable us to achieve our objective of getting investors to realize the true value of our assets and increasing our institutional ownership. We look forward to working with Red Cloud's team in order to create a wider awareness of Monarques Gold among investors as we grow the Corporation and pursue our goal of being the leading explorer and developer of gold properties in the Val-d'Or/Abitibi gold camp in Quebec."
The agreement with RedCloudKS began on July 1, 2016 and has an initial term of three months, which thereafter will continue on a month-by-month basis. RedCloudKS will receive a monthly fee of $7,500 and will assist in the strategic development and execution of the Company's investor relations and communications program focusing on the North American market.
ABOUT MONARQUES GOLD
Monarques Gold is a growing junior gold company focused on becoming the leading explorer and developer of gold properties in the Val-d'Or/Abitibi gold camp in Quebec, Canada. The Corporation currently has approximately 200 km² of gold exploration properties along the Cadillac Break, including its main asset the Croinor Gold mine, which has a great potential of becoming a producing mine. Monarques Gold is well financed and has over $9 million in credits from Quebec's Ministry of Energy and Natural Resources.
RedCloudKS is an exempt market dealer focused on providing unique and innovative financing alternatives, growth opportunities, and market exposure for select mining companies.
The RedCloudKS team has a mix of technical and financial expertise with over 100 cumulative years of combined mining and corporate finance experience. Working as an extension of management, the RedCloudKS team uses its global network of mining and capital markets professionals and extensive in-house experience in the many facets of the mining business to help companies identify sources of capital and quality actionable merger, acquisition and divestiture opportunities, and to generate and maintain important relationships with key investors.
In addition, RedCloudKS' signature online investment platform offers a unique alternative method of accessing capital for mining companies. It enables investors to directly participate in security offerings of companies selected by RedCloudKS' team and provides companies access to a fresh pool of investors in a streamlined and secure online process.
The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques' actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither 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 press release.
SOURCE Monarques Gold Corporation