| Kernow Resources & Developments Ltd. (TSX.V-KRD) is pleased to announce that it has retained
First Canadian Capital Corp. to provide strategic marketing and corporate communications. In
particular, First Canadian will assist Kernow in opening productive and continuing dialogue with
private investors, analysts, brokers, money managers and other financial professionals. Under the terms
of the agreement, Kernow will pay First Canadian C$6,000 per month for a 12-month initial term (the
$72,000 payable in the first year will be paid from Kernow’s unallocated working capital) and has
granted it a stock option to purchase 200,000 shares at an exercise price of C$0.25 for a period of two
years, which vests over 12 months.
“We are excited to see Kernow concentrate on exploring gold properties in an area which has had
historical production in northern Portugal, with a view to developing those properties” commented
Jason Monaco, Partner, First Canadian Capital Corp.
Based in Toronto and in business for over a decade, First Canadian Capital Corp.
(www.firstcanadiancapital.com) has assisted numerous North American corporations in gaining
exposure and recognition within the global investment community. Kernow understands that, other
than the incentive stock option, First Canadian does not have any direct or indirect interest in any of
Kernow’s securities, but Mr. Monaco owns 117,500 shares of Kernow.
About Kernow
Kernow is a gold explorer based in Porto, Portugal, with a portfolio of prospective gold and
copper/gold projects including the Jales/Gralheira project (49% Kernow), the Boticas project and the
Alto Sobrido project.
For further information concerning Kernow’s activities please contact Mr. Alan Matthews by
telephone in Portugal at + (351) 93 676 0927 or in Canada contact Mr. Gary Zak at (604) 630 1388 |
