Sailfish Engages Adelaide Capital for IR Services TORTOLA, British Virgin Islands ,
Sailfish Engages Adelaide Capital for IR
Services
TORTOLA,
British Virgin Islands
,
Sept. 1, 2020
/CNW/ - Sailfish Royalty Corp. (TSX-V: FISH)
(the "Company" or "Sailfish") is pleased to announce that, subject to TSX Venture Exchange
("
TSXV
") approval, it has retained Adelaide Capital ("
Adelaide
") to provide investor relations
consulting services to the Company in compliance with the policies and guidelines of the TSXV and
other applicable legislation.
Adelaide
will work closely with Sailfish's management team to provide investor relations and
consulting services to the Company.
Adelaide
is a full-service investor relations firm that brings a
unique perspective and a re-engineered investor relations business model.
Adelaide
will work with
Sailfish to develop and deploy a comprehensive capital markets program, which includes assisting
with non-deal roadshows, virtual campaigns, conferences and assisting with investor communication.
Under the terms of the agreement,
Adelaide
will receive
C$8,000
per month. The agreement is
effective
September 1, 2020
and will continue for a period of 6 months. There are no performance
factors contained in the agreement.
Pursuant to the agreement, the Company agrees to grant 100,000 inventive stock options (the
"
Options
") to
Adelaide
under the Company's stock option plan (the "
Stock Option Plan
"). Subject
to the policies of the TSXV and the terms and conditions of the Stock Option Plan, the Options will
have an exercise price equal
C$1.40
and shall expire two years from the date of issuance and shall
vest in four equal proportions every three months after the grant date for a period of 12 months.
Adelaide
and the Company are unrelated and unaffiliated entities.
Adelaide
is principally owned by
Deborah Honig
. The entering into of the agreement and the grant of the Options thereunder are
subject to the approval of the TSXV.
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are two
cornerstone assets on advanced stage projects in the Americas: a gold stream equivalent to a 3%
NSR on the San Albino gold project (~3.5 sq. km) and a 2% NSR on the rest of the area (~134.5 sq.
km) surrounding San Albino in northern
Nicaragua
; and an up to 3.5% NSR on the Tocantinzinho gold
project in the prolific Tapajos district of northern
Brazil
. The acquisition of Terraco Gold Corp. adds a
potential cornerstone asset: an up to 3% NSR on the multi-million ounce
Spring Valley
gold project in
Pershing County, Nevada
.
Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under
the symbol "SROYF". Please visit the Company's website at
www.sailfishroyalty.com
for additional
information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE
Sailfish Royalty Corp.
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%SEDAR: 00044073E
For further information:
Akiba Leisman, CEO, tel. 203-862-7059 or; Cesar Gonzalez, Director and
Vice President of Corporate Development, tel. 203-862-7009
CO: Sailfish Royalty Corp.
CNW 08:30e 01-SEP-20