Deer Horn Announces IR Consultant and Grant of Stock Options

VANCOUVER, British Columbia, April 27, 2018 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE:DHC) (the “Company” or “Deer Horn”) is pleased to announce that it has engaged Doc’s Consulting Ltd. (“Doc’s”) to provide investor relations advisory services pursuant to an investor relations consulting agreement dated April 25, 2018 (the “Consulting Agreement”).

The Consulting Agreement has an initial 12-month term and is renewable at the mutual agreement of both parties, and can be cancelled upon 30 days’ notice by either party. Doc’s will be paid a monthly fee of $5,000 plus applicable taxes from the Company and is being granted stock options (the “Options”) to acquire up to 134,000 common shares in the capital of the Company at an exercise price of $0.25 per share. Twenty-five percent of the Options vest three months from the date of grant, with a further 25% vesting every three month period thereafter. The Options are exercisable for a period of five years from the date of grant.

Services under the Consulting Agreement will be provided by Craig Doctor. Mr. Doctor currently holds 22,000 shares of the Company and has no other direct or indirect interests in the Company.

Doc’s will assist the Company with enhancing awareness by managing corporate communications and marketing strategy and activities to increase efficiency of information flows between the Company and its shareholders and the investment community.

About Deer Horn

Deer Horn Capital is exploring and developing the Deer Horn Property, a rich gold and silver project with high tellurium grades. The Deer Horn Property, located in north-central British Columbia, has produced positive economics in a Preliminary Economic Analysis and, to our knowledge, hosts Canada’s only NI 43-101 tellurium resource.

Neither the Canadian Securities Exchange nor its regulations services accepts responsibility
for the adequacy or accuracy of this release.

Forward-looking information

All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. These assumptions include, but are not limited to: future costs and expenses being based on historical costs and expenses, adjusted for inflation; and market demand for, and market acceptance of, the offering. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.