09:55:18 EDT Sun 19 May 2024
Enter Symbol
or Name
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DLP Resources Inc
Symbol DLP
Shares Issued 104,527,454
Close 2024-01-12 C$ 0.38
Market Cap C$ 39,720,433
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DLP Resources hires Reinhart for marketing, IR services

2024-01-12 15:59 ET - News Release

Mr. Ian Gendall reports

DLP RESOURCES ANNOUNCES INVESTOR RELATIONS AGREEMENT

DLP Resources Inc. has entered into an investor relations agreement dated Jan. 10, 2024, with Max Reinhart (the consultant), pursuant to which the consultant has agreed, effective Dec. 1, 2023, to provide advertising, marketing, and shareholder and investor relations services to the company for a term of 12 months, subject to extension by mutual agreement of the parties.

The consultant has been engaged to heighten market awareness for the company and to broaden the company's reach within the investment community. In conducting his marketing and advertising program, the consultant will employ a number of different communication methods, including phone calls and e-mails.

Pursuant to the agreement and subject to the approval of the TSX Venture Exchange, the company will issue the consultant 150,000 stock options at an exercise price of 40 cents for a term of three years. The options will vest one-quarter upon the date of grant, one-quarter after six months, one-quarter after 12 months and the remainder after 24 months. The company will also pay the consultant a monthly cash fee of $6,000, which the company intends to pay out of its general working capital account.

The company and the consultant act at arm's-length, and the consultant has no present interest, directly or indirectly, in the company or its securities, or any right or present intent to acquire such an interest.

The investor relations agreement is subject to the approval of the exchange. The consultant has agreed to comply with all applicable securities laws and the policies of the exchange in providing the services to the company.

About DLP Resources Inc.

DLP Resources is a mineral exploration company operating in southeastern British Columbia and Peru, exploring for base metals and cobalt.

We seek Safe Harbor.

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