Oremex Retains Investor Relations Firm
Vancouver, B.C. - June 22, 2005: Oremex Resources Inc. (the "Company") is pleased to announce that it entered into an agreement to retain the services of Pacific Imperial Capital Corp. ("Pacific Imperial") of Vancouver, BC, to provide investor relations services to the Company for a period of three (3) months commencing on June 15, 2005. The term of the agreement may be extended by mutual agreement. The Company and Pacific Imperial are at arm's length.
The principal of Pacific Imperial, Michael Sklavenitis, has considerable expertise in conducting investor relations and marketing programs for publicly traded companies in North America. Pacific Imperial will assist the Company to expand and build its shareholder base and distribution of consistent and timely information to potential investors and financial professionals. Information concerning the Company will be available on Pacific Imperial's website at www.pacificimperial.com.
Pacific Imperial will receive a fee of $10,000 per month plus expenses and has been granted 150,000 stock options exercisale at $0.63 for a period of two (2) years. The options shall be subject to vesting restrictions, such tha 25% of the options shall vest every three (3) months. The agreement is subject to the acceptance of the TSX Venture Exchange.
Please visit our website at www.oremex.com
For more information, please contact:
Telephone: (604) 683 - 5651
Fax: (604) 684 - 9365
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this news release.
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