Aurcana Corporation ("Aurcana" or the "Company") is pleased to announce, subject to TSX Venture Exchange approval, it has retained Halliburton Investor Relations ("Halliburton") as its investor relations service provider ("IR"). Halliburton is an IR company based in Dallas, Texas and provides a superior caliber of investor relations representation to publicly traded companies. Halliburton has been retained and will be responsible for identifying, contacting and qualifying potential investors and analysts to arrange one-on-one meetings with management. Halliburton will receive a fee of $15,000 for the initial project, thereafter may be retained on a project to project basis.
Aurcana further advises that 10,300,000 stock options at a price of $0.69 per common share in accordance with the policies of the TSX Venture Exchange (the "Options"), have been granted to various Directors, Officers and Consultants of the Company.
The Options have been granted in accordance with the terms of the Company's 10% rolling Stock Option Plan approved on June 18, 2010.
About Aurcana Corporation:
Aurcana is committed to become a mid-tier silver producer. Annualized pure silver production is on schedule to exceed 5 million ounces (6.0 million ounces silver equivalent) by year 2012.
ON BEHALF OF THE BOARD OF DIRECTORS OF
"Lenic Rodriguez", President and C.E.O.
For further information, visit the website at www.aurcana.com or contact:
P: (604) 331-9333 TF: (866) 532-9333 F: (604) 633-9179 E: firstname.lastname@example.org
Caution Regarding Forward-Looking Statements -- This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.