| Kernow Resources & Developments Ltd. (TSX.V-KRD) is pleased to announce it has retained
MarketSmart Communications Inc. of Vancouver, BC to provide investor, financial and corporate
communications. In particular, MarketSmart will assist Kernow with initiating and maintaining
ongoing dialogue with institutional investors, analysts, brokers, money managers and other financial
professionals. Under the terms of the agreement, Kernow will pay MarketSmart C$3,500 per month for
a six month initial term (the $21,000 payable in the first term will be paid from Kernow’s unallocated
working capital) and has granted it a stock option to purchase 150,000 shares at an exercise price of
C$0.10 for a period of one year, 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
Maria Da Silva, President of Markesmart.
Founded by Maria Da Silva in 2002, MarketSmart (www.marketsmart.ca) has assisted numerous
publicly traded North American corporations in gaining exposure and recognition within the global
investment community. Ms. Da Silva has over 25 years in the financial industry. Kernow understands
that, other than the incentive stock option, neither MarketSmart nor Ms. Da Silva have any direct or
indirect interest in any of Kernow’s securities. Ms. Da Silva is the sole owner of MarketSmart. |
