Afri-Can Marine Minerals Corp. has engaged Humbercrest Capital of Toronto to provide investor relations services for the company.
Humbercrest Capital provides strategic counsel to small- and medium-cap companies, primarily in the resource sector. The president of Humbercrest Capital is Michael Joyner, an experienced finance and communications executive with an extensive corporate development and investor relations background. Effective July 6, 2010, Humbercrest Capital will provide services for a remuneration of $5,000 per month for a minimum six-month period. Options for 250,000 Afri-Can shares will also be granted to Mr. Joyner. The options have a maturity date of July 6, 2011, and an exercise price of 10 cents per share. The options will vest quarterly for a period of 12 months.
The primary focus of the planned investor relations campaign is to introduce Afri-Can to a wider audience within the North American investment community including investment advisers, sell-side analysts and institutional investors. For more information about Humbercrest Capital, please visit its website.
