Rodinia Lithium Inc.
TSX VENTURE : RM
OTCQX : RDNAF

Rodinia Lithium Inc.

September 14, 2010 16:02 ET

Rodinia Lithium Inc. Retains Investor Cubed to Augment Corporate and Shareholder Communications

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2010) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF), is pleased to announce that, subject to regulatory approval, the Company has retained the services of Investor Cubed Inc. ("Investor Cubed") to provide investor communications, shareholder information and public relations services effective September 1, 2010.

"Having recently completed a public financing, Rodinia now has the capital needed to accelerate our exploration program at the Salar de Diablillos in Salta, Argentina and expand on the high-grade, near-surface lithium-potash zone defined in May," commented Will Randall, President and CEO of Rodinia Lithium Inc. "As we enter an exciting time with the potential for a significant amount of news flow, Investor Cubed will play a meaningful role in helping us communicate our results and initiatives to shareholders, equity research analysts, and the broader investment community."

In connection with the engagement, Investor Cubed has been awarded a consulting contract for $5,000 per month for a term of twelve months, however, after November 30, 2010, Rodinia shall have the right to terminate the agreement on thirty days written notice. In addition, Investor Cubed has been granted 450,000 stock options at a price of $0.30. The options shall vest quarterly over a one year period with the first installment vesting on September 14, 2010, subject to the four month regulatory hold. The options shall be subject to regulatory approval and shall expire five years from the date of grant, subject to the termination provisions of Rodinia's Stock Option Plan.

About Investor Cubed Inc.:

Investor Cubed provides specialized investor relations and business consulting services to a select group of leading Canadian small cap companies. We consider our small cap clients to be our "partners" in creating value for their shareholders and for the financial industry professionals who we introduce our clients to and are so important to our business model.

In addition, Investor Cubed is a partner and co-manager of www.SmallCapPower.com (SCP). SCP is Canada's first website dedicated to tracking stocks with market caps from $5 to $250 million and has rich investment content and dynamic functionality that brings investors and financial industry professionals together to discover and communicate with small cap companies.

About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.

Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Diablillos project in Salta, Argentina.

Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.

Cautionary Notes

Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Company's projects; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

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.

Contact Information

  • Investor Cubed Inc.
    Neil Simon
    +1 (647) 258-3310
    or
    Rodinia Lithium Inc.
    Aaron Wolfe
    Vice-President, Corporate Development
    +1 (416) 309-2696