Goldbelt Empires Limited
TSX VENTURE : GBE

January 07, 2016 17:45 ET

Goldbelt Empires Limited Announces Engagement of Palisade Capital

CALGARY, ALBERTA--(Marketwired - Jan. 7, 2016) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Goldbelt Empires Limited (TSX VENTURE:GBE) (the "Company" or "Goldbelt Empires") is pleased to announce that it has retained Palisade Capital Corp ("Palisade") to provide strategic consultant services.

Collin Kettell and Sean Zubick, the Principals of Palisade, will head up the effort under the Consulting Agreement, under which Palisade will provide Goldbelt Empires a range of services including: networking events, newsletter engagement, email dissemination, online and social media campaign, updates and advice on its corporate presentation and corporate web site, and informational spots on its production of Palisade Radio, the fastest growing online radio show in the junior mining and small cap space with 35,000+ viewers a week (www.palisaderadio.com). Goldbelt Empires engaged Palisade for an initial 12-month term commencing in November 2015 for a fee of $8,400 per month payable in advance.

Goldbelt Empires is a gold explorer focused on the West African Goldbelt, and has recently listed its shares on the Toronto Stock Exchange's Venture Exchange. Its flagship property is the South Morila gold concession in the Republic of Mali.

Palisade Capital

Palisade Capital is an offshore merchant banking group, specializing in high growth, small cap investments. Through its global network of private equity groups, fund managers, high net worth and retail investors, Palisade is able to create strategic relationships to drive increased liquidity and source financing. (www.palisadecapitalcorp.com)

Among its investments in the mineral sector, Palisade invested $150,000 in the Company's most recent offering at the offering price of $0.20 per share.

Additional Information on Goldbelt Empires Ltd.

For more information on the business and property of the Company, readers are referred to the Final Prospectus, available at the Company's SEDAR profile at www.SEDAR.com.

This press release contains forward-looking information. More particularly, this press release contains statements concerning the services to be provided by Palisade. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct.

Forward looking information involves known and unknown risks, uncertainties, assumptions (including, but not limited to, assumptions on the performance and financial results of the properties of the Company and certain other risks detailed from time to time in the Company's public disclosure documents including, without limitation, those risks identified in the Final Prospectus which is available on the Company's SEDAR profile at www.sedar.com) and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

This press release is not an offer of the securities for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

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.

Contact Information

  • Goldbelt Empires Limited
    Jonathan Challis
    Chief Executive Officer and Director
    United Kingdom
    +44 (78) 4120-2386

    Goldbelt Empires Limited
    Victor Dusik
    Chief Financial Officer and Director
    Executive Corporate Secretary
    Canada
    +1 (604) 818-4100