Quantum Hires First Canadian
21 December 2010 - 7:05PM
Marketwired
Quantum Rare Earth Developments Corp. (TSX VENTURE: QRE)(PINK
SHEETS: QREDF)(FRANKFURT: BR3) ("Quantum", the "Company") is
pleased to announce that it has retained First Canadian Capital
Corp. ("First Canadian") as a consultant to provide strategic
marketing and investor relations services. First Canadian will
introduce the Company to private investors, analysts, brokers,
money managers and other financial professionals, and will generate
market awareness for Quantum as it advances its Elk Creek
Carbonatite project in southern Nebraska and Archie Lake project in
Saskatchewan.
Under the terms of the agreement, Quantum will pay First
Canadian $6,000 per month for a twelve month initial term (with a
right of termination by either party after six months) and grant
400,000 stock options for a period of 2 years at an exercise price
of $0.50 per share, with vesting in accordance with TSX Venture
Exchange policies and the Company's Stock Option Plan.
Peter Dickie, President of Quantum commented, "We are pleased to
have First Canadian work with us to increase the exposure of
Quantum to the financial markets and also increase awareness of our
exploration activities and programs in Nebraska, Saskatchewan and
Australia. We chose First Canadian based on their professional
standards and their track record of successfully assisting other
resource companies with effective investor relations plans and
strategies."
About First Canadian Capital Corp.: Based in Toronto and in the
investor relations business for thirteen years, First Canadian
Capital Corp. has assisted numerous North American corporations in
gaining exposure and recognition within the global investment
community. www.firstcanadiancapital.com
On Behalf of the Board,
Peter Dickie, President
"Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Contacts: First Canadian Capital Corp. Jason Monaco 416-742-5600
jmonaco@firstcanadiancapital.com First Canadian Capital Corp. Bobby
Adore 416-742-5600 416-742-6410 (FAX)
adore@firstcanadiancapital.com www.firstcanadiancapital.com Quantum
Rare Earth Developments Corp. Peter Dickie President and CEO (604)
669-9330 (604) 669-9335 (FAX) www.QuantumRareEarth.com
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