Amended: Lorraine Copper Enters Into Investor Relations Agreement
Mr. Hay has been engaged on a month-by-month basis at a monthly fee of $4,000 and will be granted a stock option to purchase up to 300,000 common shares of Lorraine for a period of five years at a price of $0.11 per share. The options will vest over twelve months in accordance with the Company's stock option plan and the policies of the TSX Venture Exchange. The agreement with Mr. Hay is subject to TSX Venture Exchange approval.
About Lorraine Copper
Lorraine Copper holds is a Canadian mineral exploration company that is acquiring and advancing copper, gold and molybdenum projects at intermediate to advanced stages that hold significant resources. Lorraine Copper currently owns three properties all of which have defined resources: Lorraine, OK and Lustdust. For more information please visit the Company's website at www.lorrainecopper.com.
On behalf of the board of directors of the Company;
David Douglas, CPA, CA
CFO, Director
Lorraine Copper Corp.
FOR FURTHER INFORMATION REGARDING LORRAINE COPPER PLEASE CONTACT:
(604) 681-7913 or
(888) 656-6611 (Toll Free)
The TSX - Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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