Vancouver, May 19, 2021 - Thesis Gold Inc. (TSXV: TAU) (WKN: A2QQ0Y) ("Thesis" or the "Company") is pleased to announce that it has engaged The Howard Group Inc. (The Howard Group) as its Capital Markets and Corporate Digital Communications advisor to direct both traditional and online initiatives. While the programs will focus on all stakeholders, special emphasis will be placed on retail investing communities, as well as select members of investment and institutional organizations. The Howard Group is owned and controlled by Grant Howard. Dave Burwell, Vice-President of The Howard Group will be responsible for providing the services to the Company under the oversight of Company management.
"Not only does Thesis Gold have a gold property with excellent potential in British Columbia's "Golden Horseshoe", but it is also led by an exemplary team with a track record of past successes", noted Grant Howard, President of The Howard Group. "There are a multitude of attractive features on the Ranch Gold Project such as the surface nature of the compelling mineralization based on work done to date. An intensive work and drilling program will begin very shortly to advance the company's initial objective of working towards developing a maiden mineral resource estimate."
The agreement to engage The Howard Group (the ":Agreement") is for one-year commencing May 15, 2021 and is subject to a six-month review clause. The total remuneration payable to The Howard Group is $12,000 (plus GST) per month ($144,000 over the full one-year term of the Agreement) from the Company's existing working capital allocation for general and administrative expenses. In addition, The Howard Group will also be granted stock options pursuant to the policies of the TSX Venture Exchange under Thesis' incentive stock option plan to acquire one hundred thousand (100,000) common shares of the Company with the exercise price of $1.65 per share. These options have a term of three years and will be fully vested after a four-month period.
The Agreement and grant of stock options is subject to the approval of the TSX Venture Exchange.
Since 1988, The Howard Group has provided comprehensive investor outreach and capital markets programs, financing assistance, business development solutions and strategic planning to public companies.
About Thesis Gold
Thesis Gold is a well financed mineral exploration company focused on proving and developing the resource potential of the 178km2 Ranch Gold Project located in the "Golden Horseshoe" area of northern British Columbia, approximately 300 km north of Smithers, B.C.
On behalf of the Board of Directors
Thesis Gold Inc.
Ewan Webster Ph.D., P.Geo.
President, CEO and Director
For further information or investor relations inquiries, please contact:
The Howard Group Inc.
Toll Free: 1-888-221-0915
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis which is available on the Company's profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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