Beartooth Platinum Corporation
TSX VENTURE : BTP

Beartooth Platinum Corporation

July 26, 2005 09:00 ET

Beartooth Platinum Appoints Cavalcanti Hume Funfer As Investor Relations Counsel

TORONTO, ONTARIO--(CCNMatthews - July 26, 2005) - Beartooth Platinum Corporation (TSX VENTURE:BTP) today announced that it has selected Cavalcanti Hume Funfer Inc. (CHF Investor Relations), of Toronto and Calgary, as the Company's investor relations counsel. The investor relations program will focus on shareholder communications and building Beartooth an active following of investment specialists across Canada.

Beartooth President and CEO, Michael D. Johnson said: "With significant progress being made on our exploration program of the highly prospective platinum-palladium property in the Stillwater Complex, it is a critical time for Beartooth to concentrate its communication effort towards the investment community. With CHF Investor Relations engaging in professional and proactive investor communications, the Beartooth story will progressively be told to knowledgeable resource-focused investment professionals across Canada."

Commencing July 15, 2005, CHF will provide investor relations services for an initial period that will run for six months ending January 15, 2006. Thereafter, cancellation by either party requires three months' notice. Investor relations services will require a monthly fee of $5,000 plus disbursements. The contract will also include incentive stock options of 500,000 shares priced at a premium to the market at $0.10, subject to Board approval, exchange approval and vesting rules of the exchange.

About Beartooth Platinum Corporation

Beartooth controls 809 unpatented lode mineral claims over the exposed 50 kilometre strike length of the Stillwater Complex. The Complex hosts the largest known resource of PGE's in North America, and includes two operating mines of the Stillwater Mining Company (SMC) from the J-M Reef (the Stillwater and East Boulder Mines). SMC reports proven and probable reserves at the Stillwater Mine of 15.9 million tonnes grading 22.63 g/t of combined platinum-palladium, with a platinum to palladium ratio of 3.4:1, and proven and probable reserves at the Boulder East Mine of 20.6 million tonnes grading 18.17 g/t of combined platinum-palladium, with a palladium to platinum ratio of 3.7:1 (source: Stillwater Mining Company Website). Beartooth's mineral claims are contiguous with the SMC Mine Properties. Additional information about the Company and its properties is available on the Company's website at www.beartoothplatinum.com.

About Cavalcanti Hume Funfer Inc.

Cavalcanti Hume Funfer (CHF Investor Relations) is one of Canada's oldest and most established Investor Relations firms. The companies that make up CHF's international portfolio operate in a broad range of industries including mining, oil and gas, high-tech, environmental and special situations. CHF offers their clients comprehensive and proactive IR representation through their offices in Toronto and Calgary. For more information, please visit their website at www.chfir.com.

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Beartooth Platinum Corporation
    Michael D. Johnson
    President and CEO
    1 (775)721-7966
    mdjohnsonassoc@aol.com
    or
    Beartooth Platinum Corporation
    David Meyer
    VP, Corporate Development
    (416) 861-5891
    info@beartoothplatinum.com
    or
    Cavalcanti Hume Funfer Inc.
    CHF Investor Relations
    Cathy Hume, CEO
    (416) 868-1079 Ext. 231
    cathy@chfir.com
    or
    Cavalcanti Hume Funfer Inc.
    CHF Investor Relations
    Linda Armstrong, Vice President
    (416) 868-1079 Ext. 229
    Linda@chfir.com