Friday, October 5, 2007

British Virgin Islands private company entered into Investor Relations Engagement with Columbia Metals Corp.

International Financial Consulting International Coordination Ltd. (IFCIC), a private company incorporated in the British Virgin Islands, has been engaged to provide international investment promotion services, to Columbia Metals Corporation Limited.

The investor relations agreement between the two companies comes into effect immediately and for a 12 months term. For its services, the BVI company will be granted options to purchase up to a total amount of 500,000 common shares at an exercise price to be determined in accordance with the TSX Venture Exchange policies at the date the options are granted. The options will vest up to a maximum of 125,000 options every three months, commencing on the third month after the date of the above agreement. The amount of options is based upon services provided by IFCIC in the preceding three months, as reviewed and determined by the Board of Directors of Columbia Metals Corporation.

Pursuant to the agreement, International Financial Consulting will provide following services in Columbia:
  • Diversification of Columbia's shareholder base, with a focus on long-term investors;
  • Assistance with scheduling and attendance on meetings with institutional investors, shareholders, the financial community and the media;
  • Assistance with the development of a complete public relations and marketing program;
  • Assistance in providing advice and guidance to Columbia, in its relationship with trade and the financial media;
  • Creation and maintenance of Columbia's contact lists;
  • Implementation of an effective web-based marketing strategy including regular electronic update services.
Currently, BVI-based IFCIC owns an amount of 2,871,000 common shares of Columbia Metals Corporation, representing 3.79% of company's current issued and outstanding share capital.