Blue Star Gold Announces Investor Relations Agreement and Option Grant
Blue Star Gold Announces Investor Relations
Agreement and Option Grant
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2023) -
Blue Star Gold Corp. (TSXV:
BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company")
is pleased to announce that
it has entered into an agreement (the "
Agreement
") with LodeRock Advisors Inc. ("
LodeRock
"), of
Toronto, Ontario, whereby LodeRock has agreed to provide the Company with various investor relations
services for a term of 6 months for aggregate remuneration of $10,000 per month, plus applicable taxes
and 50,000 incentive stock options (the "
Options
").
The Options are exercisable at $0.385 per common
share for a period of 24 months.
The Options shall vest in accordance with TSX Venture Exchange (the
"
Exchange
") policies for investor relations service providers.
LodeRock and the Company are not related parties and operate at arm's length. Neither LodeRock nor
its principals have any interest in the Company's securities, directly or indirectly, or any right or intent to
acquire such an interest.
The Agreement, the transactions contemplated therein and the remuneration payable to LodeRock are
subject to the approval of the Exchange.
About Blue Star Gold Corp.
Blue Star is a mineral exploration and development Company focused in Nunavut, Canada. Blue Star's
landholdings total 270 square kilometres of highly prospective and underexplored mineral properties in
the High Lake Greenstone Belt. The Company owns the Ulu Gold Project, comprised of the Ulu Mining
Lease and Hood River Property, and the Roma Project. A significant high-grade gold resource exists at
the Flood Zone deposit (Ulu Mining Lease), and numerous high potential exploration target areas occur
throughout the Company's extensive landholdings, providing Blue Star with excellent resource growth
potential.
Blue Star is listed on the TSX Venture Exchange under the symbol: BAU, the U.S. OTCQB Venture
Market under the symbol: BAUFF, and on the Frankfurt Exchange under the symbol: 5WP0. For
information on the Company and its projects, please visit our website:
www.bluestargold.ca
.
For further information, please contact:
Grant Ewing, P. Geo., CEO
Telephone: +1 778-379-1433
Email:
Raffi Elmajian, Corporate Communications Manager
Telephone: +1 778-379-1433
Email:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
Policies of the TSX-Venture Exchange) accepts responsibility for the adequacy or accuracy of this
Release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION
This press release contains "forward-looking statements" within the meaning of applicable securities
laws. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan,"
"goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should,"
"will" and similar references to future periods. Examples of forward-looking statements include, among
others, statements we make regarding prospective income and revenues, anticipated levels of capital
expenditures for fiscal year, expectations of the effect on our financial condition of claims, litigation,
environmental costs, contingent liabilities and governmental and regulatory investigations and
proceedings, and estimates of mineral resources and reserves on our properties.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead,
they are based only on our current beliefs, expectations and assumptions regarding the future of our
business, future plans and strategies, projections, anticipated events and trends, the economy and other
future conditions. Because forward-looking statements relate to the future, they are subject to inherent
uncertainties, risks and changes in circumstances that are difficult to predict and many of which are
outside of our control. Our actual results and financial condition may differ materially from those indicated
in the forward-looking statements. Therefore, you should not rely on any of these forward-looking
statements. Important factors that could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements include, among others, the following:
economic and financial conditions, including volatility in interest and exchange rates, commodity and
equity prices and the value of financial assets, strategic actions, including acquisitions and dispositions
and our success in integrating acquired businesses into our operations, developments and changes in
laws and regulations, including increased regulation of the mining industry through legislative action and
revised rules and standards applied by the regulatory bodies in Nunavut, changes in the price of fuel and
other key materials and disruptions in supply chains for these materials, closures or slowdowns and
changes in labour costs and labour difficulties, including stoppages affecting either our operations or our
suppliers' abilities to deliver goods and services to us, as well as natural events such as severe weather,
fires, floods and earthquakes or man-made or other disruptions of our equipment, and inaccuracies in
estimates of mineral resources and/or reserves on our mineral properties.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/186944