VANCOUVER, Jan. 16, 2019 /CNW/ - Goldplay
Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE OTCQB: GLYXF) ("Goldplay" or
the "Company") is pleased to announce that it has engaged
Relations Publiques Paradox Inc. ("Paradox") to provide investor
relations services to the Company. Paradox, together with Goldplay,
will initiate and maintain contact with the financial community,
current shareholders, investors and other stakeholders for
increasing awareness of the Company and its activities related to
advancing exploration activities in the Rosario Mining
District-Sinaloa Mexico. Paradox is a Montreal based IR consultancy that has been in
business for 20 years, led by entrepreneur, Jean-Francois Meilleur. Paradox has represented
past mining successes through its extensive network and experience
in the capital markets. Jean-Francois
Meilleur comments: "We are excited to be working with the
multi-faceted Goldplay mining team and together building the
awareness of a successful exploration company."
Paradox will increase visibility towards the financial community
by direct introduction, marketing to the investment community to
identify potential investors, use of Paradox's proprietary database
and contacts for marketing purposes, organizing presentations with
interested parties, and handling of incoming calls from
shareholders and potential investors. Paradox's extensive
experience and large network provides full service approach to
investor relations and it will provide creative, effective
results-driven investor relations programs for
Goldplay.
The agreement is for an initial term of one year which may be
extended by mutual consent. Paradox will be paid $7,500 per month and will receive stock options
exercisable into 250,000 common shares of the Company for a period
of 5 years at a price of $0.20/share. The options will be subject to
vesting provisions as required by the TSX Venture Exchange's
policies. Paradox's principals currently hold 675,000
of Goldplay's common shares acquired in Goldplay's most recent
financing (News release, December
12nd, 2018).
Marcio Fonseca, Chief Executive
Officer, comments: "We are pleased to add Paradox to our investor
relations team along with Brisco Capital Partners Corp. and with
each contributing complementary skills the Company is excited about
our investor relations strategy."
About Goldplay Exploration Ltd.
Goldplay owns a >250 sq. km exploration portfolio in the
historical Rosario Mining District, Sinaloa, Mexico. Goldplay's current
exploration focus includes surface exploration and drilling, with a
resource update to follow at the advanced-stage San Marcial Project
and follow up exploration program at the El Habal Project.
The San Marcial land package consists of 1,250 ha, located south
of the La Rastra and Plomosas
historical mines and 20 km from the Company's 100% owned El Habal
Project in the Rosario Mining District, Sinaloa, Mexico. San Marcial is an attractive,
near-surface high-grade silver, lead and zinc project for which a
historical resource estimate has been previously disclosed.
San Marcial exhibits significant exploration upside supported by
regional exploration programs completed by previous operators who
identified 14 exploration targets similar to San Marcial within its
100% Goldplay-owned concessions. Some of these exploration targets
consist of old shallow pits, caved shafts and historical
underground workings in areas with extensive hydrothermal
alteration, hosted by major regional structures.
The El Habal Project is a drilling stage project with an ongoing
drill program. The oxidized gold mineralized zone outcrops along a
series of rolling hills with evidence of historical shallow
underground mining along a 6 km long prospective corridor. The El
Habal Project is located near the historical gold-silver Rosario
Mine which reportedly operated for over 250 years. Goldplay's team
has over 30 years of experience with senior roles in exploration,
financing, and development in the mining industry, including over
ten years of extensive exploration experience in the Rosario Mining
District, leading to previous successful discoveries. A current NI
43-101 report on the El Habal Project is filed on SEDAR.
Disclaimer for Forward-Looking Information
This press release contains forward-looking statements and
information that are based on the beliefs of management and reflect
the Company's current expectations. When used in this press
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. Such statements and information reflect the current
view of the Company. Risks and uncertainties 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 expressed or implied by such forward-looking
statements.
Mr. Marcio Fonseca
P. Geo, President & CEO
Goldplay Exploration Ltd.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this press release.
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SOURCE Goldplay Exploration Ltd