Symbol "AKV": TSX Venture Exchange
Symbol "AXVEF": Pink Sheets
VANCOUVER, Sept. 1 /PRNewswire-FirstCall/ - Acrex Ventures
Ltd. (TSXV: AKV) (PINK SHEETS: AXVEF) today announced that it has
retained the services of Aim Capital Corporation, d/b/a Barry
Kaplan Associates ("BKA"), of Fair Haven,
New Jersey, a company which is arm's length to the Company,
to enhance financial market relations in the United States. BKA has agreed to assist
Acrex Ventures by preparing background documentation regarding the
company and arranging for investor and media presentations, with
monthly meetings to increase awareness of Acrex Ventures in the
financial marketplace.
BKA is owned by Barry Kaplan. Mr.
Kaplan and BKA have been providing investor relations services to
publicly traded companies for more than 30 years.
The agreement is for an initial term of three months, starting
September 1, 2010 - which will renew
automatically for additional three-month terms unless either the
Company or BKA elect to terminate it. The Company is paying
BKA:
(a) $6,000 (US) per month; and
(b) a one time payment of $2,500 (US) for the preparation of a
comprehensive background report on the Company which will then be
used by BKA in its work for the Company.
In addition, BKA has been granted options to purchase 100,000
shares of the Company at $0.10 per
share.
As the agreement does not have a finite term the Company cannot
estimate the total costs to it of the agreement with BKA.
T.J. Malcolm Powell, President
& CEO, commented, "We are very pleased to be represented by
Barry Kaplan and his company in
the United States, as we continue
to build awareness of Acrex Ventures within the global financial
and investment communities."
Acrex Ventures Ltd. is a Vancouver based junior resource company
focusing on the development of gold, platinum group metals (PGM's)
and base metals properties in Canada. The Company's current focus is on its
Spanish Mountain Property, a gold project comprised of 1,468
hectares located in the Cariboo region of British Columbia. Acrex Ventures recently
signed an agreement securing an option to acquire 100% ownership of
the Grizzly-Kellar group of mineral claims. The Grizzly-Kellar Lake
gold property hosts a new gold discovery located 45 miles west of
Chibougamau, Quebec.
ACREX VENTURES LTD.
T.J. Malcolm Powell,
President
Neither the 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 News Release.
SOURCE Acrex Ventures Ltd.
Copyright t. 1 PR Newswire