SASKATOON, SASKATCHEWAN--(Marketwired - Feb. 14, 2014) - Star Minerals Group Ltd. ("Star" or the "Company") (CSE:SUV)
Investor Relations Contract
The Company announced today that it signed a contract with InvestorIntel for investor relations services. InvestorIntel is a leading global investment intelligence source. Compensation on the contract is in the form of convertible securities. Star will issue to InvestorIntel 100,000 warrants, priced at $0.06, expiring in 2 years.
Jim Engdahl, President and CEO, states: "We are pleased to again be working with Tracy and her team in the specialty metals field."
Issue of Options
The Company also announced the granting of incentive stock options to directors and management, under its stock option plan, for the purchase of up to 2,100,000 common shares of the Company for a period of five years at a price of $0.08 per share.
About Star Minerals Group Ltd.
Star is a Canadian based junior exploration company focused on the acquisition and development of strategic resource properties on a worldwide basis.
Star trades on the CSE (formerly CNSX) under the symbol "SUV".
For more information, please visit our website at www.starminerals.ca.
Forward Looking Statements
This news release contains certain statements which constitute forward-looking statements or information ("forward-looking statements"). Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Star's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Star believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. Other factors that could materially affect such forward-looking statements are described in the risk factors in the most recent management's discussion and analysis that is available on the Company's profile on SEDAR at www.sedar.com. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Star does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.