To Jim,
Sorry for posting the news again.
This afternoon, Adamas Resources entered into an investor relations
consulting contract with Marie Antoinette Shields (a copy of the news
release is attached). Marie has been doing IR / promotional work in
Vancouver for the past ten years. She is very well respected, and is a
powerful force in the marketplace. More importantly, Marie has the
financial fire-power and network of investors to help in the market during
the short term, and during 1998.
Marie's track record is superb. As a rule, she only gets involved in deals
where there is a top-notch property portfolio / management team / Board of
Directors. AMS obviously fits the bill.
If anyone would like to speak with her, she can be reached at (888) 356 -
4784 or (604) 818 - 7150 [cell phone].
*****NEWS RELEASE*****
OCTOBER 9, 1997
ADAMAS RESOURCES SIGNS INVESTOR RELATIONS CONTRACT WITH MARIE ANTOINETTE
SHEILDS
Adamas Resources Corp. ("the Company") is very pleased to announce that it
has entered into an investor relations contract (the "Agreement") with
Marie Antoinette Shields. Ms. Shields is a corporate communications
specialist with over ten years of experience working with publicly-traded
emerging resource companies; she is also a principal in MAS Capital
Limited. Neither Ms. Shields nor MAS Capital currently hold any stock in
the Company.
Ms. Shields and MAS Capital will be assisting the Company with its investor
relations programs. Services to be provided by MAS Capital and Ms. Shields
will include organizing and managing communications for the Company,
handling inquiries from the public, as well as developing and maintaining
regular contact with shareholders and brokers.
Subject to VSE approval, the Agreement is for one year commencing October
9, 1997 and may be terminated by either party on thirty days written
notice, or by the Company at any time for just cause. The Company has
agreed to pay Ms. Shields $5,000 per month during the term of the
Agreement.
The Company announces that it has canceled 100,000 stock options previously
granted to a Director of the Company on January 22, 1997 at a price of
$0.37 per share. Effective today, the Company has granted and applied for,
subject to regulatory approval, 100,000 incentive employee stock options
exercisable in whole or in part, for a period of one year, at a price of
$0.28 per share.
Adamas Resources is a gold exploration and development company active in
North America, South America and Africa. The Company's shares trade on the
Vancouver Stock Exchange (VSE) under the symbol AMS.
ON BEHALF OF THE BOARD
Stephen B. Doppler, President
FOR FURTHER INFORMATION PLEASE CONTACT:
(604) 818 - 7150
E-mail: ams@mascapital.com
HARLEY |
