Zeus North America Mining Corp. to commence trading under new symbol ‘ZEUS’ on March 1, 2024, and hires Kin Communications for Investor Relations
Zeus North America Mining Corp.
401 - 750 West Pender Street
Vancouver, BC, V6C 2T7
Zeus North America Mining Corp. to commence trading under new symbol ‘ZEUS’ on
March 1, 2024, and hires Kin Communications for Investor Relations
Vancouver, British Columbia, February 29, 2024 – Zeus North America Mining Corp.
(formerly Umdoni Exploration Inc.) (CSE: ZEUS) (the “Company”) is pleased to announce
that it will commence trading March 1st as Zeus North America Mining Corp. (CSE:ZEUS). The
Company is also pleased to announce that the Company has entered into an investor relations
agreement dated February 29, 2024 (the “ Agreement”) with Kin Communications Inc. (“ Kin
Communications” or “Kin”).
Under the terms of the Agreement, Kin has agreed to assist the Company with investor relations,
including communicating with, and marketing to, potential investors, shareholders, and media
contacts for an initial period of 12 months and on a month-to-month basis thereafter. Pursuant to
the Agreement, Kin will be paid a monthly fee of $15,000 plus GST . In addition, the Company
has granted Kin stock options entitling it to purchase 200,000 of the Company’s common shares
at an exercise price of $0.27 per option. These options vest in 4 equal installments over a twelve-
month period, with the first installment vesting three months from the date of issuance, and three
additional installments each vesting 6, 9 and 12 months from the date of issuance . The Company
has also agreed to grant Kin stock options entitling it to purchase 300,000 of the Company’s
common shares (on a pre -split basis) if the Company completes a secondary financing of over
$2,000,000 in gross proceeds or completes subsequent financings that in aggregate amount to over
$2,000,000 in gross proceeds . The Company has been advised that Kin and its principals own
125,000 shares and 125,000 warrants with a strike price of $0.30 with a 2- year term in the
Company.
Kin Communications is a Canadian full-service investor relations firm based in Vancouver, British
Columbia. Kin is owned by President & CEO Arlen Hansen and has no direct relationship with
the Company, other than as disclosed in this news release.
On behalf of the board of directors
“Dean Besserer”
President and CEO
For more information, please contact the Company at [email protected]
FOR INVESTOR RELATIONS CONTACT:
Kin Communications Inc.
Ph: 604-684-6730
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About Zeus North America Mining Corp.
The Company is in the business of mineral exploration. The Company is focused on the
exploration of its 100% owned Chlore Property located near Smithers, BC , as well as its
exploration properties in the state of Idaho known as the : Heath; Selway; and Great Western
properties, respectively. The Chlore Property hosts a calc-alkalic porphyry copper-molybdenum
target. In 2021, the Company’s work plan was focused on obtaining an understanding of the
alteration and mineralization within the Chlore Property. The work program included helicopter
borne magnetic and radiometric surveys over the entire Chlore Property area. The 2023
exploration at the Chlore Property was comprised of geological mapping, soil and rock- chip
sampling. The Idaho properties consist of 90 (Heath), 57 (Selway) and 38 (Great Western) lode
mining claims respectively and cover a cumulative area of approximately 3822.1 acres . The
Company plans to explore the Idaho properties for precious and base metals.
Forward Looking Statements
When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend",
"expect", "plan", "predict", "may" or "should" and the negative of these words or such variations
thereon or comparable terminology are intended to identify forward-looking statements and
information. Although the Company believes, in light of the experience of their respective officers
and directors, current conditions and expected future developments and other factors that have
been considered appropriate, that the expectations reflected in the forward-looking statements and
information in this news release are reasonable, undue reliance should not be placed on them
because the parties can give no assurance that such statements will prove to be correct. The
forward-looking statements and information in this news release include, amongst others, the
Company's exploration plans, change of name, share subdivision and the use of funds. Such
statements and information reflect the current view of the Company. There are risks and
uncertainties that may cause actual results to differ materially from those contemplated in those
forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or achievements, or other future
events, to be materially different from any future results, performance or achievements or implied
by such forward-looking statements. There are a number of important factors that could cause the
Company's actual results to differ materially from those indicated or implied by forward -looking
statements and information. S uch factors include, among others: currency fluctuations; limited
business history of the parties; disruptions or changes in the credit or security markets; results of
operation activities and development of projects; project cost overruns or unanticipated costs and
expenses; and general development, market and industry conditions.
The Company undertakes no obligation to comment on analyses, expectations or statements made
by third parties in respect of its securities or its financial or operating results (as applicable). The
Company cautions that the foregoing list of material factors is not exhaustive. When relying on
the Company's forward- looking statements and information to make decisions, investors and
others should carefully consider the foregoing factors and other uncertainties and potential events.
The Company has assumed that the material factors referred to in the previous paragraph will not
cause such forward-looking statements and information to differ materially from actual results or
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events. However, the list of these factors is not exhaustive and is subject to change and there can
be no assurance that such assumptions will reflect the actual outcome of such items or factors.
The forward-looking information contained in this news release represents the expectations of the
Company as of the date of this news release and, accordingly, are subject to change after such date.
The Company does not undertake to update this information at any particular time except as
required in accordance with applicable laws.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of
this news release.