Trading Symbol: IGD (TSX Venture Exchange)
May 5, 2015
Vancouver, BC, May 5, 2015, Intigold Mines Ltd.(TSX-V:IGD.V - News) (OTC:IDMNF, - News) announced today that it has entered into a consulting agreement with Stephen Litwin to provide investor relation services to the Company to increase awareness and facilitate Company exposure in the financial markets.
With over 40 years' experience in the brokerage and investor relations fields, Mr. Litwin, a graduate of Rochester Institute of Technology (science degree in business), brings a wealth of knowledge to the Company. Mr Litwin, based in Montreal, has established a strategic network of institutions, retail brokerage firms and private investors. Mr. Litwin will assist the Company in initiating contact and communicating with institutional investors, analysts and other financial professionals. His mandate will be to focus on developing and expanding the network of investors, analysts, and financial intermediaries who are interested in following Intigold as well as managing the content and flow of Company information to financial markets, related business interests, investment advisors and investors.
Under the terms of the agreement, the Company will pay a monthly fee of $3,000 to Mr. Litwin and will reimburse him for his reasonable out-of-pocket expenses (subject to prior Company approval.) In addition, the Company has also granted incentive stock options to Mr. Litwin to purchase 300,000 shares in the capital of the Company for a period of two years at a price of $0.14. The agreement is for an initial term of one year after which it will continue on a month-to-month basis. All options granted to Mr. Litwin shall be vested in increments over a 12-month period and the agreement is subject to acceptance for filing by the TSX Venture Exchange. At present, Mr. Litwin does not own any shares of the Company.
"It is with great pleasure that we welcome Stephen Litwin as a consultant with regards to investor relations. He will be a valuable contribution to our team," stated Lori McClenahan, President. "With the exciting advancements currently underway, this is a tremendously opportune time for the Company and its shareholders."
For information on Intigold and its projects, please visit us at www.intigold.com or call 604-669-4677 or toll free at 1-888-895-5522.
INTIGOLD MINES LTD.
(signed "Lori McClenahan")
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.