11:32:52 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Cosigo Resources Ltd
Symbol CSG
Shares Issued 77,630,523
Close 2014-11-25 C$ 0.025
Market Cap C$ 1,940,763
Recent Sedar Documents

Cosigo hires RCI Capital as financial consultant

2014-11-25 21:49 ET - News Release

Mr. Dennis Milburn reports

COSIGO ENGAGES FINANCIAL ADVISORY SERVICES

Cosigo Resources Ltd. has engaged RCI Capital Group Inc. to provide financial advisory consulting services to assist Cosigo with the development of the business of the company. Under the terms of the engagement, RCI will provide Cosigo with non-exclusive services, which will include negotiating and structuring potential corporate transactions with respect to Cosigo's Colombia- and Brazil-based gold projects. RCI will also assist Cosigo in capital-raising activities and developing its properties in a manner that will maximize shareholder value. The term of the engagement will be for a period of six months, unless extended by mutual consent of the parties.

RCI Capital is an independent financial services and advisory firm focused on Asia Pacific cross-border transactions in the energy and resource sectors. Its advisory services include mergers and acquisitions, partnerships, investment structuring, and project financing to intermediate and junior companies.

RCI's wholly owned subsidiary, Renaissance Capital Inc., is a licensed investment dealer and registered member with IIROC and CIPF.

Cosigo has agreed to compensate RCI with a monthly work fee, one-half of which will be paid during the term of the engagement and one-half upon the closing of a transaction or private placement financing of Cosigo. In addition, upon entering into the engagement, the company issued RCI two million non-transferable share purchase warrants to purchase two million common shares of the Cosigo exercisable for a period of four years at a price of five cents per share. The warrants will expire if RCI does not deliver a binding letter of intent or expression of interest from a prospective party within 12 months from the end of the term of their engagement. Any other fees payable to RCI are contingent upon the company entering into a transaction with a party introduced by RCI.

We seek Safe Harbor.

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