February 6, 2014 - Cougar Minerals Corp. - TSX-V: COU ("Cougar" or the "Company") is pleased to announce that it has retained Senergy Communications Inc. ("Senergy"), of Vancouver, B.C., to provide investor relations services.
Senergy has been retained for an initial period of 6 months (the "Term"), which commences immediately, to assist the Company in raising brand awareness and company value through a variety of communications functions. In consideration for the investor relations services by Senergy, the Company has agreed to pay $5,000 per month plus GST and reimburse Senergy's reasonable out-of-pocket expenses. In addition, the Company has agreed to grant Senergy stock options to purchase 250,000 common shares of the Company at an exercise price of $0.30 per share expiring five years from the date of grant. Senergy is at arm's length to Cougar Minerals Corp., and is owned solely by Mr. Anthony Zelen. Mr. Zelen is the President of Senergy and he directly or indirectly does not currently own any common shares of the Company.
The options are being granted pursuant to the Company's incentive stock option plan which was approved by shareholders on March 29, 2012 and are subject to any necessary regulatory or stock exchange requirements.
Senergy is a full-service corporate communications firm, providing strategic investor relations, public relations, and customized marketing solutions to publicly traded companies since 2006. Senergy specializes in the development of communications materials, coordination of marketing campaigns, database management, organizing introductions and presentations to the Canadian, US, and European financial network, and personalized interaction with Senergy's proprietary network of brokers, analysts, and investors. For more information regarding Senergy please visit: www.senergyir.com.
"We are pleased to announce the appointment of Senergy to assist with our investor relations activities." Noted Murray Nye, President and CEO of Cougar Minerals Corp. Senergy will be working with our newly appointed Corporate Secretary Megan Francis, to present the Company's story to the investing public."
Anthony Zelen, President of Senergy, says "We are very pleased to have this opportunity to work with Cougar Minerals Corp. and believe that the Company's projects and management, combined with our industry knowledge and past experience working with public companies, will lead to a successful relationship."
The Company's engagement of Senergy to act as an investor relations service provider, and the grant of stock options to Senergy, are subject to the approval of the TSX Venture Exchange
About Cougar Minerals Corp.
Cougar is a junior exploration company focused on the discovery and development of economic mineral deposits. Additional information on Cougar Mineral can be found on the Company's website at www.cougarminerals.com and by reviewing the Company's page on SEDAR at www.sedar.com.
On behalf of the Board of Directors
COUGAR MINERALS CORP.
For more information, please contact:
Cougar Minerals Corp.
Murray Nye, President/CEO
Senergy Communications Inc.
Anthony Zelen, President
s/ "Murray Nye"
The TSX Venture Exchange, nor its Regulation Services Providers (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied in the forward-looking information.