Macarthur Minerals Limited
TSX VENTURE : MMS

Macarthur Minerals Limited

January 17, 2006 16:07 ET

Macarthur Announces Investor Relations Agreement with Longview Strategies Inc.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 17, 2006) - Macarthur Minerals Limited (TSX VENTURE:MMS) (the "Company") is pleased to announce it has retained Longview Strategies Incorporated ("Longview") of Vancouver, British Columbia, Canada to provide Investor Relations ("IR") services to the Company. Longview has many years experience working with senior management in defining corporate identities and articulating their inherent value to strategic partners and the investment community.

Longview will assist the Company in liaising with members of the financial community, various stock exchanges, potential investors and current shareholders to keep them informed and up to date on the Company's mineral properties in Australia. In addition, news releases and public dissemination materials will be reviewed in order to increase market impact. Longview will also assist with the identification of possible mineral projects for the Company.

Longview has agreed to provide services to the Company for an initial term of 12 months and is to receive options of the Company to purchase 200,000 shares of the Company at a price of $0.35 per share for a period of 5 years. The shares will vest in stages over twelve months with one-quarter of the options vesting every three months following the guidelines set out in the Company's stock option plan and as set forth by the TSX Venture Exchange. Longview currently holds 1,000,000 common shares of the Company. The IR agreement is subject to the acceptance of the TSX Venture Exchange.

On behalf of the Board of Directors,

MACARTHUR MINERALS LIMITED

David K Barwick, Director

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

Contact Information

  • Macarthur Minerals Limited
    James Tuer
    (604) 628-5002
    (604) 688-3452 (FAX)