Constantine Metal Resources Ltd.
Constantine Announces New Investor Relations Services
October 28, 2009
Vancouver, B.C. – Constantine Metal Resources Ltd. (TSX Venture- CEM) ("Constantine" or the "Company") is pleased to announce that it has retained Mr. Robert Jeffery to provide investor relations services to the Company. Mr. Jeffery will assist Constantine with the continued development and implementation of the Company’s investor relations program informing both existing and potential shareholders on progress of the Company’s resource exploration projects. Mr. Jeffery has worked in the industry as a stockbroker with Canaccord Capital Inc., Midland Doherty and Levesque Beaubien, and has previously provided IR services to the Hunter Dickinson Group and most recently Southern Arc Resources. Mr. Jeffery will provide full-time investor relation services to the Company.
The agreement between Constantine and Mr. Jeffery is for an initial six month period commencing October 27, 2009 and may be extended by agreement of the parties. Mr. Jeffery will receive a monthly fee of $5,000 plus GST. In addition, Mr. Jeffery has been granted options to purchase 500,000 shares of Constantine at an exercise price of $0.235 cents per share, expiring October 27, 2014. The options will vest in stages over a 12-month period in accordance with TSX Venture Exchange regulations.
Ms. Lisa May, principal of Lisa D. May & Associates Inc., who provided part-time investor relations services to the Company has advised Constantine that she has accepted a full-time position with another company. Ms. May will assist the Company to ensure a smooth investor relations transition period.
Garfield MacVeigh states “Constantine is pleased to welcome Robert Jeffery. We look forward to working with him to introduce Constantine to new shareholders and keep our existing shareholders informed on the progress of the Company. Meanwhile we thank Lisa May for her work with Constantine and wish her the very best in her new position.”
Constantine also announces the grant of additional stock options to purchase 1,700,000 shares of the Company at an exercise price of $0.235 cents per share, expiring October 27, 2014. These stock options are being issued to directors, officers, employees and consultants of the Company.
The Company's Palmer project is a world class base metal exploration opportunity in a very accessible part of southeast Alaska. Constantine owns 100% of the Croesus Gold property, including the former Croesus Gold mine, consisting of 22 patented mining claims and leases (416 hectares), located 90 kilometers east of Timmins, Ontario and within the influence of the prolific Porcupine-Destor Deformation zone (PDDZ) that stretches between Timmins, Ontario and Val’Dor Quebec.
Please visit the Company’s website (www.constantinemetals.com) for more detailed company and project information.
"J. Garfield MacVeigh"
J. Garfield MacVeigh, President
R.E. (Bob) Jeffery
Forward looking statements: The news release includes certain “forward-looking statements.” All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization, exploration results, financing plans and other future plans and objectives of Constantine are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Constantine’s expectations include exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
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.