SCOTCH CREEK VENTURES INC. ENGAGES INVICTUS INVESTOR RELATIONS INC.
VANCOUVER, BC – November 23rd, 2021 – Scotch Creek Ventures Inc. (the “Company”) (CSE: SCV) (FSE: 7S2) (OTC: SCVFF) (“Scotch Creek” or the “Company”) announces that it has entered into an investor relation consulting agreement with Invictus Investor Relations Inc. (“Invictus”) to enhance Scotch Creek’s exposure amongst mining industry stakeholders and investors (“The “Consulting Agreement”).
Scotch Creek has engaged Invictus Investor Relations Inc. (“Invictus”), a professional consultancy and IR firm, in accordance with the Company’s commitment to transparency and effective governance. Moreover, Invictus will complement the Company’s efforts by providing strategic IR services, including communications with the investment community, assisting in funding, and increasing analyst coverage of the Company.
The Consulting Agreement has an initial 12-month term (which may be terminated by the Company upon 30 days written notice) and is renewable at the mutual agreement of both parties. Invictus will be paid a monthly fee of $7,500 plus applicable taxes and will be reimbursed for reasonable out-of-pocket expenses if any.
Scotch Creek, CEO, David Ryan Commented, “We are excited to work with Invictus IR as they have been an effective investor relations firm with the ability not only to increase investor and shareholder engagement but also in assisting the company in raising capital for the current ongoing financing.”
Further, the Company has entered into an online marketing agreement (the “Agreement”) with Promethean Marketing Inc. (“Promethean”), a communications firm, pursuant to which Promethean will design, create, and distribute advertising content on the Company’s behalf. The Agreements effective start date will be from January 15th, 2022 and is proposed to continue for a minimum one-month term and may be terminated at the Company’s discretion at any time upon 30 days written notice.
The Company has agreed to provide a non-refundable deposit of US $50,000 to be used for design and content creation. Additionally, the Company has made a minimum commitment of US $200,000 towards a digital advertising budget upon completion of the financing. Furthermore, the Agreement contains reciprocal confidentiality provisions, intellectual property protections, and indemnification language.
In addition, the Company would like to provide an update on the Company’s current financing and announce that it may pay commissions to registered brokers or investment dealers (or to finders where permitted by law) of up to 7% cash and 7% Broker warrants. Broker warrants will be exercisable at $0.50 for a period of 12 months from the date of issue.
Scotch Creek would like to invite investors and stakeholders to connect with our investor relations team or visit our website to sign-up to receive regular updates and news alerts.
About Scotch Creek Ventures
On behalf of the Board of Directors
“David K. Ryan”
Chief Executive Officer
Further information about the Company is available on our website at www.scotch-creek.com or under our profile on SEDAR at www.sedar.com, and on the CSE website at www.thecse.com.
Public Relations Contact
Scotch Creek Ventures Inc.
The CSE has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
Forward‐looking and cautionary statements
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations.