Straightup Resources Retains Financial Advisory Firm and Grants Stock Options
NEWS RELEASE
Straightup Resources Retains Financial Advisory Firm and Grants Stock Options
Vancouver, British Columbia (May 21, 2021) – Straightup Resources Inc. ("Straightup" or the
"Company") (CSE: ST) is pleased to announce that it has retained Wawel Capital Corp. to
provide financial advisory services, as well as investor relations and media and marketing services.
Daniel Cruz, CFO of the Company, and Charles Brezer are the principals of Wawel. As
consideration for the services, the Company has agreed to pay the sum of C$240,000 per annum,
payable quarterly, with up to 50% of the quarterly payment that can be paid by the issuance of
common shares in the capital stock of the Company, at a price per shar e equal to the discounted
market price at the time of payment. The first quarterly payment of $60,000 shall be paid in cash
in the sum of $30,000 and the balance by the issuance of 150,000 common shares at a price of
$0.18 per share.
In addition, the Company grants that, pursuant to its stock option plan, it has granted an aggregate
of 500,000 incentive stock options to a director and a consultant. The stock options are exercisable
at a price of $0.20 per share on or before May 13, 2026.
About Straightup Resources
Straightup is engaged in the business of mineral exploration and the acquisition of mineral property
assets in Canada. Its objective is to locate and develop economic precious and base metal properties
of merit. In addition to exploration of its Red Lake Division properties, Straightup intends to
conduct exploration on the Hi -Mars Property and the Ferdinand Gold Property. The Hi -Mars
Property consists of 11 contiguous mineral titles covering an area of 1,788 hectares located
approximately 17 kilometres northeast of the City of Powell River in southwest British Columbia,
Canada, within the Vancouver Mining Division.
On Behalf of the Board of Directors
Mark Brezer
Chief Executive Officer, President and Director
For further information, please contact:
Mark Brezer (604) 989-6275
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this release).