October 28, 2010 - Equitas Resources Corp. (TSXv: EQT) (FSE: T6U1) (the “Company” or “Equitas Resources”) is pleased to announce that it has, subject to regulatory approval, retained AXINO AG (“AXINO”) to provide investor relations services. AXINO will present Equitas Resources in Germany and other European countries, disseminating investor relations information and creating awareness within the European financial community for the Company and its DAY Copper-Gold Porphyry project in the Toodoggone region of British Columbia.
AXINO will be responsible for maintaining timely contact with the Company’s existing shareholders, potential investors and investment community professionals. AXINO will be paid compensation of EUR 40,000 for an initial term of twelve months paid on a quarterly basis. AXINO has advised the Company that it does not hold directly or indirectly any shares of the Company and that it does not have any right to acquire any shares.
“AXINO is pleased to introduce Equitas Resources throughout the European financial communities. We see this as an excellent opportunity for Equitas Resources to increase and diversify their shareholder base to include both retail and institutional investors with differing investment strategies. Our broad range of marketing services gives Equitas Resources the opportunity to brand its company’s name and business strategy to get the attention of the investor communities we have access to,” said Wolfgang Seybold, President & CEO of AXINO AG.
About AXINO AG (http://www.axino.com)
AXINO AG is a privately owned full-service investor relations firm based in Stuttgart, Germany. It specializes in representing resource sector companies that wish to obtain investor exposure and develop a shareholder following in the European financial markets with a special focus on the German speaking financial communities. AXINO AG’s clients in the resource sector include such reputable companies as Agnico-Eagle Mines Ltd., Endeavour Silver Corp., Monument Mining Limited, Tiger Resources Limited, Yukon-Nevada Gold Corp., and other junior companies.
About Equitas Resources Corp. (http://www.equitasresources.com)
Equitas Resources is a junior exploration and development company focused on resource opportunities in Canada. The Company is at the early stage of the value creation process with its flagship project the Day Copper-Gold Porphyry Project located in the Toodoggone region of north-central British Columbia.
On Behalf of the Board of Directors
Trivello Energy Corp.
President / Director
Neither 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.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future.
Forward looking statements in this news release include that AXINO will present the Company in Germany and other European countries, that AXINO will disseminate investor relations information and create awareness within the European financial community of the Company and its DAY Copper-Gold Porphyry project in the Toodoggone region of British Columbia, that AXINO will be responsible for maintaining timely contact with the Company’s existing shareholders, potential investors and investment community professionals, and that AXINO will be paid compensation of EUR 40,000 for an initial term of twelve months paid on a quarterly basis.
It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental and technological factors that may affect the Company’s operations, markets, products and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that we may not be able to raise sufficient funds to complete our intended exploration and development; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; that market prices may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties.
Readers should refer to the risk disclosures outlined in the Company’s Management Discussion & Analysis of its audited financial statements filed with the British Columbia Securities Commission.