Continental Nickel Provides Further Information Regarding the Appointment of MMH Investor Relations Inc.
26 May 2010 - 7:28AM
Marketwired
Continental Nickel Limited (TSX VENTURE: CNI) ("Continental Nickel"
or the "Company") provides additional information regarding
compensation relating to the appointment of Marguerite
Manshreck-Head of MMH Investor Relations Inc. ("MMH") who has been
engaged to provide investor relations services to the Company, as
previously announced on May 20, 2010.
Under the terms of the appointment, Ms. Manshreck-Head will
provide consulting and advisory services relating to the Company's
Investor Relations initiatives on per diem consultancy rate of
$1,200 per day. It is anticipated that Ms. Manshreck-Head will
provide approximately 40 days of investor relations advisory
services this year to the Company for total compensation of
approximately $48,000. The service contract can be terminated
without advance notice. There is no penalty for termination, and
there is no minimum or guaranteed amount of consulting service. The
appointment is subject to regulatory approval. Ms. Manshreck-Head
does not own any securities in the Company.
Ms. Manshreck-Head has twenty-seven years of international
experience in the mining industry and thirteen years in investor
relations. Before starting her own investor relations consulting
company in 2003, she spent twenty years with Falconbridge Limited
in various roles involved with market research, cobalt marketing
and investor relations. MMH will be responsible for further
developing an investor relations strategy that will strengthen the
Company's profile and visibility amongst the financial and
investment community, including analysts, portfolio managers and
retail investors. Ms. Manshreck-Head also brings a strong
understanding of the nickel industry which will be supportive to
the Company's overall strategy.
Ms. Manshreck-Head holds an Honours BA in Economics from
Concordia University (Montreal, Quebec) and a Masters (Diplome)
from the Graduate Institute of International Studies (Geneva,
Switzerland). She has been a member of the Canadian Institute of
Investor Relations (CIRI), Ontario Chapter, since 1997 and served
on the Board of Directors from 2000 to 2006 in a number of roles
including President, Past President and Treasurer.
About Continental Nickel
Continental Nickel Limited is focused on the exploration,
discovery and development of nickel sulphide deposits in
prospective, but under-explored regions globally. Current projects
include its 70% controlling interest in the Nachingwea project in
Tanzania, where NI 43-101 Mineral Resources have been defined, and
an option joint venture on the St. Stephen project in New
Brunswick, Canada. Continental Nickel has 38,943,664 shares issued
and outstanding (45,806,514 on a fully-diluted basis) and trades on
the TSX Venture Exchange under the symbol CNI. The Company remains
well funded with C$13.5 million in the treasury.
On behalf of Continental Nickel Limited
Craig MacDougall, President & Chief Executive Officer
Contacts: Continental Nickel Limited Craig MacDougall, P. Geo.
President and CEO (905) 815-0533 (905) 815-0532 (FAX)
info@continentalnickel.com www.continentalnickel.com MMH Investor
Relations Inc. Marguerite Manshreck-Head President (613)
395-4487
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