BURLINGTON, ONTARIO — (Marketwire) — 01/16/12 — Green Swan Capital Corp. (“Green Swan”) (TSX VENTURE: GSW) is pleased to announce that it has engaged CHF Investor Relations, effective immediately, to provide it with investor relations and communications support. CHF is a highly regarded Canadian investor relations firm headquartered in Toronto and operating under the same management for the past nineteen years.
“Green Swan-s goal is to quickly assemble a portfolio of low-cost high-impact Canadian mining assets,” said Peter M. Clausi, Green Swan President and CEO. “CHF will help communicate that strategy and its progress to brokers, investment bankers and analysts across Canada.”
Subject to TSX Venture Exchange approval, the agreement for investor relations- services is for a twelve-month term, subject to a performance review after six months and may be extended by up to one year. Under the terms of the agreement, fees to CHF are $6,000 per month and eligible expenses will be reimbursed. As part of this agreement, CHF will be granted a total of 150,000 options, with 75,000 options having a 10 cent strike price and 75,000 options having a 15 cent strike price. The options vest in stages over twelve months with no more than one quarter of the options vesting in any three-month period, to expire in five years. Further, upon termination of the contract, CHF will have 30 days to exercise any vested options. Prior to the grant of options, CHF had no direct or indirect interests in Green Swan or its securities.
Other Options
GSW also announces it has agreed to grant 815,000 incentive stock options to its directors, officers and consultants exercisable at a price of $0.10 per share for a period of five years from the date of grant.
About CHF Investor Relations
CHF-s effective role is acting as the public company-s outsourced, low-cost equivalent to an internal investor relations department. CHF serves an international portfolio of TSX/TSX Venture and CNSX listed companies, and others that may seek to list on North American Exchanges that operate in a broad range of industries including mining exploration and producers, oil & gas, renewable energy and industrial services, biotech, high-tech, business solutions and products, and niche financial products. The depth of capital market experience is formidable dating back to the late 1970-s.
About Green Swan Capital Corp.
Green Swan is engaged in the exploration and, if warranted, development and mining of its properties as well as the acquisition, exploration and potential development of other mineral resource properties. The common shares of Green Swan are listed on the TSX Venture Exchange under the same trading symbol “GSW”. GSW currently has 16,111,417 shares outstanding.
To receive Company news by email contact with “Green Swan News” in the subject line.
Forward-Looking Statements
This news release may include statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Green Swan cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what Green Swan currently foresees. Discussion of the various factors that may affect future results is contained in Green Swan-s recent filings, available on SEDAR.
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.
Contacts:
Green Swan Capital Corp.
Peter M. Clausi
President & CEO
(905) 681-1925 x2
CHF Investor Relations
Cathy Hume
CEO
(416) 868-1079 x 231
CHF Investor Relations
Stephanie Fitzgerald
Associate Account Manager
(416) 868-1079 x 222