PNN:CC - Pambili Retains Investor Relations Consultant
(TheNewswire)
CALGARY, Canada (June 5,2024) — TheNewswire – Pambili Natural Resources Corporation("Pambili" or the “Company”) (TSX-V: PNN) announces today that as part of its ongoing strategy to raisethe profile of Pambili and its Golden Valley project to investors, theCompany has entered into an agreement (the “Agreement”) with Mr.Emil Bagge, an investor relations consultant , to provide marketing and investor relationsservices to enhance visibility, effective immediately. The term of theAgreement is for an initial six months (the “Term”) and theCompany may elect to extend the Term on a month-to-month basis or asrequired.
Under the Agreement, Mr. Bagge will provide investorand public relations services to the Company including coordinatingexternal marketing campaigns, maintaining social media programs,arranging virtual road shows, and assisting with private placementfunding. Mr. Bagge participated in the recently announced $105,000Non-brokered Private Placement (“NBPP”) and was also a Finder ofsubscribers to the NBPP.
By way of compensation, the Company will grant Mr.Bagge 50,000 incentive stock options exercisable for five years at anexercise price per share that is the greater of: (a) $0.10 and (b) the“Discounted Market Price” as such term is defined in the policiesof the TSX Venture Exchange (“ TSXV ”). The Options will vest over 12 months and Mr. Bagge has agreed to comply with all applicablesecurities laws and the policies of the TSXV.
The Agreement is subject to TSXV approval this disclosure is made in accordance with TSXV Policy 3.4– Investor Relations, Promotional and Market-MakingActivities.
“Having previously worked withEmil for another listed Company, and more recently on the NBPP, I haveno doubt that he will enhance Pambili’s visibility with theinstitutional and retail investment community, particularly inEurope,” said Jon Harris, Pambili’s CEO. “Emil shares our belief inthe potential of Zimbabwe’s gold resources. With his help, we lookforward to being able to share that belief with the wider investmentcommunity.”
”I am looking forward to workingwith Pambili to ensure they get the attention they deserve, as Istrongly believe they are on the cusp of success.” said Mr. Bagge.
About Pambili Natural ResourcesCorporation: Pambili Natural ResourcesCorporation is a natural resources exploration and development company( www.pambilinrc.com ) currentlyactive in Zimbabwe and in the province of Alberta.
For further information,contact:
Pambili NaturalResources Corporation
T : 403 2774421
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
Caution Regarding Forward-Looking InformationForward-looking statements - Certain information set forth in thisnews release may contain forward-looking statements that involvesubstantial known and unknown risks and uncertainties. Forward-lookingstatements are often, but not always, identified by words such as“believes”, “may”, “likely”, “plans”, or similarwords. Forward- looking statements included in this news releaseinclude statements with respect to activities in Zimbabwe. Theseforward-looking statements are subject to numerous risks anduncertainties, certain of which are beyond the control of theCorporation, including, but not limited to the impact of generaleconomic conditions, industry conditions, currency fluctuations, anddependence upon regulatory approvals. The Corporation does not assumeany obligation to update the forward-looking statements to reflectchanges in assumptions or circumstances other than as required byapplicable law.
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