Lovitt Resources Inc. (the “Company”) (TSX VENTURE: LRC) is pleased to announce that it has retained the services of Lion Market Advisory (“Lion”) pursuant to an agreement dated November 28, 2011 to conduct shareholder communication and investor relations services. The agreement is subject to the approval of the TSX Venture Exchange (the “Exchange”).
Lion has been retained to provide a strategic mix of corporate communications and investor relations services in order to increase investor awareness and introduce the company to retail brokers, mining analysts, money managers, institutional investors and other financial professionals.
Lion has been retained pursuant to a 12-month arm’s length agreement. Under the terms of the agreement, Lovitt will pay Lion $3000 per month and grant options to purchase up to 50,000 shares at a price of $0.55 per share for two years. In accordance with exchange regulation, these options will vest over a period of 12 months. The agreement may be terminated by either party on 30 days written notice.
Lion is a Vancouver based firm that provides investor relations and corporate communications services to Exchange listed companies. Owned and led by Mr. Jon Kruzeniski, Lion was founded to provide a full range of investor relations and corporate communications services personalized to the needs of publicly listed micro to small-cap companies.
About Lovitt Resources Inc.
Lovitt Resources Inc. (TSX: LRC.V) is a gold exploration company planning to initiate a diamond drill program to expand its gold and silver resource on the Wenatchee Gold Belt in Wenatchee, WA.
For more detailed information, please refer to the website of the Company at: http://www.lovittresources.com or email: email@example.com
or call Lorne Brown, President of the Company at (509) 668-8170