Atocha hires Contact Financial for Investor Relations
November
17, 2009 - Vancouver, British Columbia, CANADA – Atocha Resources
(TSX.V-ATT), (the Company) has engaged Contact Financial to develop and
execute a comprehensive marketing and investor communications plan
called the “Fast Focus” program to help raise awareness of the company
over a 3-month renewable term, subject to TSX Venture Exchange approval.
"We
selected Atocha Resources as our latest “Fast Focus” client because of
their varied property portfolio in mining safe jurisdictions that
includes their new gold project located within 15 km’s of the Detour
Lake Mine," says Keir Reynolds, vice president of Contact Financial.
Contact
Financial is a Vancouver-based strategic marketing and communication
firm that will increase Atocha’s exposure to industry stakeholders and
investors. Contact Financial will be responsible for providing advice
to the company with respect to corporate development, producing and
distributing effective marketing communication tools, and increasing
investor awareness. For more information please visit
www.contactfinancial.com.
Under the renewable agreement, Contact
Financial will receive a fee of $25,000 for an initial term of three
months and $6,000 per month thereafter, on a month-to-month basis.
Contact Financial will receive 200,000 incentive stock options at 16
cents that are exercisable for up to two years from date of issuance to
purchase common shares of the company. These options are subject to
vesting provisions of the TSX Venture Exchange. Contact Financial is at
arm's length to Atocha Resources Inc.
ABOUT ATOCHA
Atocha
is a natural resources company engaged in the acquisition and
exploration of mining properties. The Company’s main focus is on
exploration for copper and precious metals. The Company has an option
to acquire a 100% undivided interest in the McGillivray Property,
located in the Kamloops Mining Division of British Columbia. Atocha
also has a 100% option on the Besshi gold project in B.C. and the
Atkinson (Detour Lake) gold project in Ontario.
For further
information on Atocha, please refer to the Company’s Prospectus dated
May 21, 2009 and available on SEDAR at www.sedar.com.
For further information, please contact
A. Salman Jamal, Chief Executive Officer
Telephone: 604 696-1111
Facsimile: 888 266.3983
E-mail:
Forward-Looking Statement
This
document may contain or refer to forward-looking information based on
current expectations, including, but not limited to timing of mineral
resource estimates, future exploration or project development programs
and the impact on the Company of these events. Forward-looking
information is subject to significant risks and uncertainties, as
actual results may differ materially from forecasted results.
Forward-looking information is provided as of the date hereof and we
assume no responsibility to update or revise them to reflect new events
or circumstances. For a detailed list of risks and uncertainties, as it
relates to Atocha Resources Inc., please refer to the Company's
Prospectus filed with SEDAR
The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this release.
