Phenom Retains Marketsmart Communications
Phenom Retains Marketsmart Communications
August 1, 2024 - Vancouver, British Columbia – Phenom Resources Corp. (TSX-V: PHNM) (OTCQX®: PHNMF)
(FSE: 1PY0) (“Phenom” or the “ Company”) is pleased to announce it has entered into an agreement with
MarketSmart Communications Inc. (“ MarketSmart”) pursuant to which MarketSmart will provide investor
relations (“IR”) services to Phenom for an initial term of six months.
Paul Cowley, Phenom’s President and Chief Executive Officer, commented: “We look forward to working with
MarketSmart, a leading Canadian IR firm, to help accelerate awareness of Phenom’s growth story.”
Adrian Sydenham, President of MarketSmart, stated: “MarketSmart is thrilled to be working with Phenom at
this stage of its development. Their gold portfolio and green energy vanadium assets are truly unique. Phenom
is well -financed and has an experienced management team and a great share structure to achieve its
corporate objectives and milestones. We look forward to working with the Phenom team and communicating
with existing and potential new investors.”
Phenom will pay MarketSmart a fee of $7,500, plus applicable taxes, per month and MarketSmart and Chad
Levesque, a Marketsmart partner, will each be granted stock options to purchase 100,000 common shares of
Phenom at a price of $0.45 per share for a term of 36 months. The options are in accordance with Phenom’s
omnibus equity incentive plan and will vest in stages over a period of 12 months such that 25% of the stock
options will vest three months after today’s date; 25% of the stock options will vest six months after today’s
date; 25% of the stock options will vest nine months after today’s date; and the remaining 25% of the stock
options will vest 12 months after today’s date. The investor relations agreement and grant of stock options
are subject to the approval of the TSX Venture Exchange.
Contact: MarketSmart Communications Telephone: 1- 877-261-4466 Email: [email protected]
Crescent Valley Gold Project News
The Company engaged Zonge International Geophysical Services to conduct a n IP/Resistivity geophysical
survey on the Company’s Crescent Valley Gold Project. The field work has now been completed. Data will be
processed and assessed in the coming two weeks to focus drill targeting on the vein-hosted mineralization in
this bonanza -type low sulfidation epithermal setting . T he Company has already secured a permit to drill
targets at Crescent Valley.
Dobbin Gold Project
Mapping and sampling continu e by an experienced Nevada-based geologist with extensive familiarity with
Carlin-type deposits. The Company will provide a geological, geochemical and structural summary mid-August.
Results of the progressive soil sampling campaigns to reproduce the gold anomaly previously identified in the
1980s by Newmont will also be provided at that time along with next steps.
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King Solomon Gold Project
Data consolidation, compilation and 3D modelling of previous drilling is in progress so that Company geologists
can design next steps which would include field activities and multi-stages of drilling so that permitting can be
designed accordingly.
About Phenom Resources Corp.
Phenom has 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, six miles south from
the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit, North America’s largest
highest grade primary vanadium resource. The Project lies within the prolific Carlin Gold Trend. Approximately
nine million ounces comprised of multiple gold deposits, including past producing mines, are present near the
Phenom property (5-15km).
The Company has options on three additional gold projects in Nevada : the King Solomon and Dobbin
Properties which are Carlin Gold-type targets and the CVN Property, a Bonanza high grade gold vein -type
target.
ON BEHALF OF PHENOM RESOURCES CORP.
per: "Paul Cowley"
Chief Executive Officer and President
Telephone: 604-340-7711
Email: [email protected]
www.phenomresources.com
Technical disclosure in this news release has been reviewed and approved by Dave Mathewson, a Qualified
Person as defined by National Instrument 43-101, director and Geological Consultant of the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events
or the Company's future performance. All such statements involve substantial known and unknown risks, uncertainties
and other factors which may cause the actual results to vary from those expressed or implied by such forward -looking
statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees
of future performance or results, a nd they will not necessarily be accurate indications of whether or not such results will
be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although
the forward -looking statements contained in t his news release are based upon what management of the Company
believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual
results will be consistent with these forward -looking statements. The forward-looking statements contained in this press
release are made as of the date hereof.