FMN:CC - Fidelity Engages The Howard Group To Direct Investor Relations Communications Programs
(TheNewswire)
Vancouver, BC – TheNewswire - April 13 th , 2023 – Fidelity Minerals Corp. (TSXV:FMN ) ( FSE:S5GM ) ( SSE:MNYC) (“ Fidelity ” or the“ Company ”) is pleased to announce that it has engaged The HowardGroup as its investor relations communications advisor to direct bothtraditional and online initiatives targeting institutional and retailinvesting groups as well as the broader investment community.
The Agreement is for 18 months effective April 15,2023. The remuneration payable to The Howard Group will be tieredthroughout the term of the contract. The first month will be $10,000and ultimately move to $12,000 per month. In addition, The HowardGroup has been granted options to acquire five hundred thousand(500,000) common shares of the Company at an exercise price of $0.11.These options have a term of five years and will vest as follows: 125,000 optionsshall vest on July 12, 2023, 125,000 options shall vest on October12, 2023, 125,000 options shall vest on January 12, 2024, and 125,000options shall vest on April 12, 2024. TheHoward Group is an arms-length party with no current relationship withthe Company and The Howard Group and/or its employees currently holds200,000 common shares of Fidelity.
Founded in 1988, the Howard Group provides InvestorRelations Engagement Programs, Capital Markets Advisory, Corporate& Digital Communications services for emerging &established public and select private companies.
In addition to the options granted the Howard Group,the Company announces that it has granted an aggregate of 4,550,000incentive stock options (the "Options") to certaindirectors, officers and consultants of the Company pursuant to theCompany's previously approved Stock Option Plan. The Options areexercisable at a price of $0.11 per share for a period of 5years.
The Agreement and options are subject to the approvalof the TSX Venture Exchange.
About Fidelity Minerals Corp.
Fidelity Minerals Corp. has assembled a portfolio ofhigh-quality mining assets in Peru and aims to delineate majordeposits on these properties that could attract the interest ofmid-tier and major mining companies. Fidelity has a portfolio of fourkey assets in Peru and is currently focused on progressing its mostadvanced project – Las Huaquillas. Fidelity is also looking toopportunistically expand its project portfolio with accretiveacquisitions. The company is backed by an experienced management teamwith diverse technical, market, and commercial expertise and issupported by committed, and sophisticated investors focused onbuilding long-term value.
On behalf of the Board of Fidelity Minerals.
Dean Pekeski
CEO, President and Director
Email: dean@fidelityminerals.com
For more information, please visit the corporatewebsite at http://www.fidelityminerals.com orcontact:
NEITHER THE TSXVENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM ISDEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWSRELEASE.
Disclaimer & Forward-LookingStatements: This news releasecontains forward-looking statements. Forward-looking statements arestatements that relate to future events or future financialperformance. In some cases, you can identify forward-lookingstatements by the use of terminology such as “may”, “should”, “intend”, “expect”,“plan”, “anticipate”, “believe”, “estimate”,“project”, “predict”, “potential”, or “continue” orthe negative of these terms or other comparable terminology. Thesestatements speak only as of the date of this news release. This newsrelease may also contain inferences to future oriented financialinformation (“FOFI”) within the meaning of applicable securitieslaws. The information in this news release has been prepared by ourmanagement to provide a context to provide the reader with an outlookfor our future activities and anticipated key milestones and may notbe appropriate for other purposes. Forward-looking statements in thisannouncement include, (but are not limited to) advancing certain keyproject activities that could represent important milestones which theCompany expects may represent material valuation catalysts, such asthe expectation that through the assembling of a portfolio of high-qualitymining assets in Peru, the Company aims to delineate major deposits onthese properties that could attract the interest of mid-tier and majormining companies. Further,forward-looking statements in this release include that FidelityMinerals Corp. is alsolooking to opportunistically expand its project portfolio withaccretive acquisitions.
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