Western Exploration Announces Addition of PEAK Investor Marketing to Investor Relations Team
WESTERN EXPLORATION ANNOUNCES ADDITION OF PEAK INVESTOR
MARKETING TO INVESTOR RELATIONS TEAM
Vancouver, British Columbia – June 28, 2024 – Western Exploration Inc. (TSX-V: WEX) (the
"Company" or " Western Exploration") is pleased to announce the addition of Peak Investor
Marketing Corp. ("Peak Investor") to the Company's investor relations team, for the purpose of
providing certain market-making and investor relations services in accordance with the policies of
the TSX Venture Exchange (the "Exchange"). By leveraging Peak Investor, the Company hopes
to heighten market awareness for Western Exploration and its business, including the Company's
exploration and development plans for its 100% owned Aura Project, located in North Elko
County, Nevada.
In connection with Peak Investor's engagement, the Company and Peak Investor have entered
into a marketing services agreement, pursuant to which, among other things, Peak Investor has
agreed to provide certain market -making services in accordance with Policy 3.4 – Investor
Relations, Promotional and Market -Making Activities ("Policy 3. 4") of the Exchange (the
"Agreement"). Pursuant to the Agreement, Peak Investor's engagement is for an initial term of
six months and, upon the expiry of such initial term, shall automatically renew on a monthly basis
until terminated by Western Exploration upon a 30- day prior written notice. In consideration for
their services, Peak Investor will receive C$ 25,000 per month for the first two months, plus
applicable taxes, and C$5,500, plus applicable taxes, per month for each subsequent month
during the initial six -month term. After the initial six -month term, the Company will pay Peak
Investor C$12,000 per month, inclusive of any taxes, until the Agreement is terminated by the
Company.
In addition, Peak Investor is entitled to receive 150,000 stock options, issued in compliance with
and under the Company's Omnibus Equity Compensation Plan and in compliance with Policy 4.4
of the Exchange.
Peak Investor is a marketing firm based out of Vancouver, British Columbia, with over 20 years
of experience specializing in the junior mining sector . Their team has backgrounds in marketing
strategy and planning, graphic and web design, digital and content marketing, PR and
communications and event coordination.
Scott Gibson and Nichola Vermiere, the co-owners of Peak Investor hold 835,443 and 100,000
variable voting shares of the Company respectively as of the date of this news release.
About Western Exploration
Born from a 25‐year history of advancing exploration projects in Nevada as a private company,
today Western Exploration is composed of an experienced team of precious metals experts that
aims to lead Western Exploration to becoming a premiere gold and silver development company
in North America. The Company's principal asset is the 100% owned Aura gold‐silver project,
located approximately 120 kilometers/75 miles north of the city of Elko, Nevada, and includes
three unique gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch. Additional
information regarding Western Exploration and the Aura Project can be found on the Company's
website and on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile.
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Cautionary Note Regarding Forward-Looking Information
Certain s tatements contained in this news release may be deemed "forward‐looking statements"
within the meaning of applicable Canadian and U.S. securities laws. These forward‐looking
statements, by their nature, require Western Exploration to make certain assumptions and
necessarily involve known and unknown risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in these forward‐looking statements. Forward‐
looking statements are not guarantees of performance. Words such as "may", "will", "would",
"could", "expect", "believe", "plan", "anticipate", "intend", "estimate", "continue", or the negative or
comparable terminology, as well as terms usually used in the future and the conditional, are
intended to identify forward‐looking statements. This forward-looking information is based on
reasonable assumptions and estimates of management of the Company at the time such
assumptions and estimates were made, and involves known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or achievements of the
Company to be materially different from any future results, performance or achievement
expressed or implied by such forward-looking information. Such factors include, among others,
risks relating to the ability of exploration activities (including drilling results), to accurately predict
mineralization; errors in management's geol ogical modelling; the ability of Western Exploration to
complete further exploration activities, including drilling; to obtain additional financing for
exploration or development activities on favorable terms; to continue operations and to expand
operations; to identify additional resources and reserves and to exploit such resources and
reserves on an economic basis; to main Western Exploration's property interests in the Aura
Project; the results of exploration activities; risks relating to mining activities; the global economic
climate; metal prices; environmental risks; community and non-governmental actions; the
engagement of Peak Investor (if at all, on the terms described herein); the ability of Peak Investor
to increase the market awareness for the Company; and the ability of the Company to pay Peak
Investor's fees. Although the forward-looking information contained in this news release is based
upon what management believes, or believed at the time, to be reasonable assumptions, Western
Exploration cannot assure shareholders and prospective purchasers of securities of the Company
that actual results will be consistent with such forward-looking information, as there may be other
factors that cause results not to be as anticipated, estimated or intended, and neither Western
Exploration nor any other person assumes responsibility for the ac curacy and completeness of
any such forward-looking information. Further, Western Exploration does not undertake, and
assumes no obligation, to update or revise any such forward-looking statements or forward-
looking information contained herein to reflect new events or circumstances, except as may be
required by law.
For addi tional information with respect to these and other factors and assumptions underlying the
forward‐looking statements made in this news release concerning Western Exploration, see the
management information circular dated November 12, 2021, available electronically under
Western Exploration's issuer profile on SEDAR+ ( www.sedarplus.ca).The forward‐looking
statements set forth herein concerning Western Exploration reflect management's expectations
as at the date of this news release and are subject to change after such date. Western Exploration
disclaims any intention or obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, other than as required by law.
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 news release. No stock exchange, securities commission or
other regulatory authority has approved or disapproved the information contained herein.
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For more information please contact:
Darcy Marud
Chief Executive Officer
Telephone: (775) 329-8119
Email: [email protected]
Nichole Cowles
Investor Relations
Phone: 775-240-4172
Email: [email protected]