|By Marketwired .||
|February 1, 2014 06:01 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/01/14 -- Falco Pacific Resource Group Inc. ("Falco Pacific" or the "Company") (TSX VENTURE: FPC) is pleased to advise that they have engaged Torrey Hills Capital, Inc. ("Torrey Hills") to provide investor relations services which will include investor road show meetings, public relations, and online media.
Torrey Hills is a leading investor and financial public relations firm specializing in small and micro-cap companies, primarily in the natural resource sector, located in Rancho Santa Fe, California. Torrey Hills will provide awareness for Falco Pacific to financial professionals throughout the U.S. As well, develop a profile on the Company for coverage on its website, www.babybulls.com, a website developed to showcase and provide exposure for emerging micro-cap companies to an audience of proven small-cap investors.
Torrey Hills has been engaged on a six month term at a monthly fee of US$5,500. After six months, the engagement will convert to month to month basis subject to a 30-day termination notice by either party. In addition, Falco Pacific has agreed to grant options to purchase 100,000 common shares of the Company (the "Options") for a period of three years from the date of grant. The Options will be granted at a date in the future and shall be subject to the terms of the Company's stock option plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange.
Torrey Hills currently has no direct or indirect interest in the securities of Falco Pacific, or any right or intent to acquire such an interest except pursuant to the exercise of the above referenced Options.
The appointment of Torrey Hills Capital as an investor relations consultant of Falco Pacific remains subject to regulatory acceptance of applicable filings with the TSX Venture Exchange.
About Falco Pacific Resource Group
Founded in 2012 with the acquisition of the 728 square kilometre Rouyn Noranda Project in Quebec, Falco Pacific is led by a veteran exploration team and is focussed on the evaluation of precious and base metal targets in one of the world's great mining camps.
For more information, please go to www.falcopacific.com.
On behalf of the Board of Directors of
FALCO PACIFIC RESOURCE GROUP
President and CEO
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 press release.
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include terms of the transaction, including acquisition costs, shares to be issued and approval of the TSX Venture Exchange and future plans. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include those risks set out in the Company's public documents filed on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.