St. John’s, NL (FSCwire) - Sokoman Iron Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC) today announced that it has engaged CHF Capital Markets (“CHF”), a highly-regarded Canadian investor relations and capital markets firm. 

 

Mr. Tim Froude, President and CEO of Sokoman, commented: “We are delighted to be working with CHF again as our previous experience was excellent. Cathy and her team have demonstrated not only a solid understanding and appreciation of the junior mining industry, a critical element when dealing with the investing public, but they are also up-to-date with the emerging social and digital media world. Their knowledge and professionalism will serve Sokoman well during this busy time.”

 

Effective immediately, the services agreement for investment community outreach, corporate communications, design and social and digital marketing is for a fixed term of twelve months ending August 31, 2019. Thereafter, the contract may be extended month to month with a two months cancellation notice. Under the terms of the agreement, which is subject to TSX Venture Exchange approval, CHF will receive $6,250 per month in fees and reimbursement of approved expenses. A share option grant will be discussed at an upcoming Board meeting. Company options vest quarterly over twelve months and have a five-year term. Upon termination of the services agreement, options will be cancelled after 30 days, as required by the TSXV.

 

About Sokoman Iron Corp.

 

Sokoman Iron Corp. (TSXV: SIC) is a discovery-focused company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its Moosehead Gold project in central Newfoundland where recent drilling in the Eastern Trend area has returned high-grade gold results from MH-18-01 highlighted by 11.90 m @ 44.96 g/t Au including 5.65 m @ 93.56 g/t Au released on July 24, 2018. The Company’s other assets include  a portfolio of early stage gold projects in Central Newfoundland  and a 100% interest in the Iron Horse (Fe/V/REE) project in Western Labrador.

 

Contact:

 

Timothy Froude, P. Geo., President & CEO

Phone: 709-765-1726

Email: tfroude@sokomaniron.com

 

Cathy Hume, Director

Phone: 416-868-1079 x231

Email: cathy@chfir.com

 

Website:  www.sokomaniron.com

 

Neither the 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 release.

 

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Iron Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Iron Corp.

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Source: Sokoman Iron Corp. (TSX Venture:SIC)

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