Otis Gold Corp.

Otis Gold Corp.

September 24, 2010 14:04 ET

Otis Retains Investor Relations Firm

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2010) - Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE:OOO) announces that is has retained First Canadian Capital Corp. ("First Canadian"), an arm's-length contractor, to provide strategic marketing and investor relations services. First Canadian will assist the Company in opening productive dialogue with private investors, analysts, brokers, money managers and other financial professionals. The consultant will focus on generating market awareness among the investment community as Otis advances its Idaho and Nevada projects. Otis will pay First Canadian C$6,000 per month for a twelve month initial term and grant 200,000 stock options exercisable price of C$0.52 for five years, subject to quarterly vesting restrictions.

Based in Toronto and in business for thirteen years, First Canadian has assisted numerous North American corporations in gaining exposure and recognition within the global investment community.

About the Company

Otis is a resource company focused on the acquisition, exploration, and development of precious metal deposits in Idaho and Nevada, USA. Otis is currently developing its flagship property, the Kilgore Gold Project, located in Clark County, Idaho.


Craig T. Lindsay, President and CEO

This press release contains forward-looking information within the meaning of applicable securities laws. The use of any of the words "intend", "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions may identify forward-looking information. Readers should not place undue reliance on the forward-looking information contained in this press release.

The forward-looking information contained in this press release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 release.

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