Nevado Resources Corporation

Nevado Resources Corporation

March 11, 2010 09:41 ET

Nevado Venture Capital: Announcement

MONTRÉAL, QUÉBEC--(Marketwire - March 11, 2010) - Nevado Venture Capital (TSX VENTURE:VDO) («Nevado or the Company») is pleased to announce that it has retained Bid Capital Market inc. as its investor relations consultant. The Company carefully selected Bid Capital Market to help increase its exposure to institutional and retail investors throughout North America and Europe. The agreement with Bid Capital Market is effective March 11, 2010, and is subject to the approval of the TSX Venture Exchange. The agreement is for a 12-month period. Bid Capital Market will be paid a monthly fee of $2,000 plus all preapproved expenses. The board has granted Bid Capital market 100,000 stock options priced at $0.41 per share, for a 12 month period subject to the company's stock option plan and the policies of TSX-Venture exchange. The options granted are subject to a four month hold period from the date of grant.

The TSX Venture Exchange neither approved nor disapproved this press release and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Nevado Venture Capital
    Guy Girard
    Nevado Venture Capital
    Marcel Bergeron