HALIFAX, NOVA SCOTIA -- (
Marketwire - May 5, 2011) -
Frontline Gold Corporation. ("Frontline" or the "Company") (TSX VENTURE: FGC) is pleased to announce the engagement of Auburn Partners Inc. ("Auburn Partners") as investor relations consultants to the Company. Auburn Partners will focus on developing and expanding Frontline's communications with the investment community through a comprehensive investor relations program.
Auburn Partners will provide investor relations services in general, and in particular, will provide services in furtherance of increasing the Company's profile. Auburn Partners will receive a monthly fee of $5,000 for professional services for a period of 6 months, which may be extended with the prior written consent of both parties, and may be terminated by either party upon 30 days notice. Auburn Partners has been granted 50,000 incentive stock options exercisable at a price of $0.20 per share, for a period of 18 months. The options shall vest and become exercisable as to one quarter of the number granted on a quarterly basis over the ensuing year.
Neither Auburn Partners, nor any of its employees own securities, directly or indirectly, in Frontline. This agreement is subject to acceptance by the TSX Venture Exchange.
About Auburn Partners Inc.
Auburn Partners is a boutique investor relations firm focused on resource-based public companies. Auburn's primary role is to assist clients in gaining exposure to the Canadian investment community and to increase investor awareness.
Frontline Gold Corp. (TSX VENTURE:FGC) is a Canadian junior mineral exploration company with an experienced discovery team and a proven record of accomplishment. The Company's flagship Niaouleni gold project lies in the heart of Mali South in West Africa's prolific gold belt. Frontline is currently developing its gold projects in the Izmir province of Western Turkey, which consist of the Menderes, Odemis, Ordu and Kure properties. Ongoing Canadian exploration includes the Red Lake (gold) and Stewart (gold-copper-polymetallic) projects.
For further information, please visit the Company's website at
www.frontlinegold.com to view the most recent corporate presentation.
This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
"Walter Henry"
Walter Henry, President & CEO
FRONTLINE GOLD CORP.
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information
Frontline Gold Corp.
Walter Henry
President & CEO
(416) 414-5825
(902) 832-2223 (FAX)
info@frontlinegold.com
www.frontlinegold.com
