Toronto, Ontario – January 24, 2017 – PJX Resources Inc. (“PJX” or the “Company”) is pleased to announce that the company has signed an agreement to retain the investor relations services of John Walter Communications Inc. (“JWCI”) for an initial period of six months. JWCI will assist the Company with its investor relations and market awareness programs by reaching out to its network of investors, brokers, analysts, media contacts, and industry professionals to create a greater awareness of PJX. JWCI will receive a fee of $5,000 per month. The term of the agreement may be renewed in six month increments by mutual consent and may be cancelled by either party on 30 days notice.
Mr. John Walter, B.A.Sc. M. Eng, is the Founder and President of John Walter Communications Inc., an independent consulting firm dedicated to assisting junior and intermediate mining companies grow to their full potential. Mr. Walter spent more than two decades in Institutional Equity Sales, including 17 years at UBS and its predecessor companies, providing coverage to Institutional clients in North America, the Middle East, Asia and Australia. Prior to this, Mr. Walter worked in Engineering departments for a number of Canadian Iron Ore producers assisting in all aspects of the mining cycle, from exploration, development and production. Additionally, Mr. Walter worked at numerous international mining locations supervising the construction of large scale open pit mining equipment and providing training to the personnel responsible for the operation and maintenance of the equipment. Mr. Walter graduated from Queen’s University in Kingston, Ontario in 1979 with a degree in Mining Engineering.
Working alongside John Walter is Mike O’Brien. Mr. O’Brien has more than 30 years of experience in Sales,
Marketing, Investor Relations, General Management and Corporate communications in the Mining and Telecommunications sectors. He was the Director of Communications and Investor Relations for Carpathian Gold and Sage Gold from February 2006 to February 2014 and was instrumental in procuring over $100 million dollars in project financing for mining projects in Canada, Eastern Europe and South America. Previously, Mr. O’Brien was VP of Business Development for Litewave Communications and Central Canadian Sales Manager for EXFO Engineering.
Company President and CEO, John Keating, comments, “John Walter and Mike O’Brien’s collective experience in investor relations and the mineral industry will greatly help to improve Company visibility in the capital markets. We look forward to working with JWCI to help communicate the potential of PJX and our Cranbrook properties. Drilling will continue this winter to explore for Sullivan deposit style zinc and other base metals on our Vine Property, and new gold targets have been discovered on our Dewdney Trail and Zinger Properties” (see press releases dated August 25, 2016 and January 17, 2017).
About PJX Resources Inc.
PJX is a mineral exploration company focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold and base metals. PJX’s primary properties are located in the historical mining area of Cranbrook and Kimberley, British Columbia. Please refer to our web site http://www.pjxresources.com for additional information.
FOR FURTHER INFORMATION PLEASE CONTACT:
Linda Brennan, Chief Financial Officer (416) 799-9205 firstname.lastname@example.org
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.
This News Release contains forward-looking statements. Forward looking statements are statements which relate to future events. Forward-looking statements include, but are not limited to, statements with respect to exploration results, the success of exploration activities, mine development prospects, completion of economic assessments, and future gold production. In some cases, you can identify forward-looking statements by terminology such as “may”, “appears to”, “should”, “expects”, “plans”, “anticipates”, believes”, “estimates”, “predicts”, “potential”, or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking-statements.
Although PJX has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.