Nanika Resources Inc.: Investor Relations Agreement Extended With Doug Kerradmin
Nanika Resources Inc. announce that it has agreed to extend the Investor Relations Agreement between the Company and Doug Kerr for an additional three months. Mr. Kerr will continue to provide investor relations services to the Company for a fee of $5,000 per month. During the previous three month period Mr. Kerr was granted 200,000 options in the Company at 18 cents to be vested in quarterly installments equally over the next year in accordance with exchange policies, with the options expiring on August 26, 2013. All other terms and conditions of the Agreement remain constant. The extension of the term of the Investor Relations Agreement and the terms therein is subject to approval by the TSX Venture Exchange.
Nanika Resources Inc. is a TSX Venture listed mineral exploration and development company focusing on the development of its Lucky Shop Molybdenum Property in west central British Columbia and the advancement of its other mineral exploration properties, all of which are located within Canada.