Surely they are working hard doing things for "PRE"
-Argonaut Appointed November 2010 -
"Pacrim is pleased to announce the engagement of Argonaut Capital Ltd (Argonaut) to act as financial and corporate advisors to the Company to assist with the development of the Golden Terrace South gold deposit, advancement of the Redcliffe Gold Project, and the commercialisation of the Company in general. Argonaut will receive a monthly fee and has the right to subscribe for up to 50,000,000 options exercisable at 1.5 cents with an expiry date of 31/12/2011, at an issue price of 0.01 cents each.
Argonaut has an excellent track record of successful outcomes when partnering with groups recognised as having projects with unfulfilled potential. Pacrim looks forward to an ongoing productive relationship working to the advantage of the Company and its shareholders."
PRE Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
